hackneyfox
Roofer
Leicester City take out posh payday loans for £8.3m of instalments due from Fulham for Castagne & £23m of instalments from Newcastle for Barnes from Macquarie bank.
No it isn't.It's like paying off one credit card with another credit card.
It's standard practice in football. Very rarely does a club pay up in full on the transfer.
Not really, as mentioned before when you get the money makes no difference, this is more about cash flow. Only FFP impact is negative and that is the interest paid,All about ffp surely
So the full transfer fee goes into that years accounts as a positive no matter when the club might receive it?Not really, as mentioned before when you get the money makes no difference, this is more about cash flow. Only FFP impact is negative and that is the interest paid,
Nope, payable in 3 equal instalments (plus/minus a pound), next in July 2024 and then July 2025. We have a loan for these.I’ve heard Spurs paid the full amount for Maddison
Both made money from shifting shitGiven Macquarie were instrumental in making Thames Water the company it is today you would think only the naive or the desperate would deal with them. Lets hope I am totally mistaken.
Yes the transfer fee (not including any add-ons) is recognised in whole in the year in which the transaction is made. Whether it is profit or loss though depends on the book value of the player when sold (original cost of the player minus amortised value).So the full transfer fee goes into that years accounts as a positive no matter when the club might receive it?