Paid in instalments......

[toonfalifekevbrown]

We get paid in instalments yet pay up front for players .To me it's choking the club so why do it ?

[Kingstonbob1]

Because he wants to make it look as though the club is hard up and can’t afford to compete with the Huddersfield, Southampton and Brighton’s of the premier league and hides behind the ‘live within our means’. No doubt his backers will say he’s only doing it to undo what Shepherd and Hall did getting us into debt, but the forget the debt Ashley has us in due to his mismanagement.
Don’t forget as well as playing up front the full fee he also factors in 5 year contract wages so at say £40k a week he puts £10.5m on top of the fee.

[TheOtherTerryMac]

We get paid in instalments yet pay up front for players .To me it's choking the club so why do it ?

It’s to manipulate our end of year figures so we show less profit than we actually have. By paying for all transfers in cash it further reduces our profit margins.

[toonfalifekevbrown]

Strange way to run a football club or any business tbh

[TheOtherTerryMac]

Because he wants to make it look as though the club is hard up and can’t afford to compete with the Huddersfield, Southampton and Brighton’s of the premier league and hides behind the ‘live within our means’. No doubt his backers will say he’s only doing it to undo what Shepherd and Hall did getting us into debt, but the forget the debt Ashley has us in due to his mismanagement.
Don’t forget as well as playing up front the full fee he also factors in 5 year contract wages so at say £40k a week he puts £10.5m on top of the fee.

Mentioned this wage factor on another post no one seems to know where all of our signings under Ashley wages have gone.

They are certainly not in the club funds. Every incoming transfer is to include the players 5 year wages. So if that is the case then our annual wage bill is minimal as the wages have been prepaid

Funny thing is though no one seems to know where the money is stashed away

[Kingstonbob1]

Merino bought for £5m on a 5 year contract £25k a week? (£6.5m over the contract )£11.5m in total. We’ve sold for £10m it’s a £5m profit + ‘saving’ 4 years wages £5.2m total £10.2m. Will that £5.2m then be factored into the wages for say a right back or will that be ‘written off’ and another magical figure be conjured up to pay the right back £6/7m over 5 years? I think we all know the answer.

[Kingstonbob1]

Same possibly for Sels, Mbemba, Saivet, Hayden and Colback’s wages. £20m in total? factored in to the contracts and all possibly/likely to be broken early, in some cases by 2/4 years!

[Kingstonbob1]

Oh and Mitrovic.

[ex_pat_magpie]

The whole thing is one big Ashley smokescreen.

It's seen to go on when the player is bought but never in the calculations as a usable asset following a player being sold.

[tooslomofo]

Call the tax man