The January "He Looks Quite Good" Transfer Thread

[xisstential]

Chilean manager discussing the Sanchez situation ...." He plays for one of the biggest clubs in the world under one of the greatest managers"

Sanchez has left Arsenal, when did that happen???

[xisstential]

Ser expectations so low that if we get Mahrez it would seem like we've landed Messi

Nope, Barca have put in a bid for him...you think we're going to get into a bidding war with them?? Wenger has his eye on somebody we've never heard of, and after a season with us, will never hear his name anywhere again.

[Allgunsblazin]

Before most expensive season tickets in the world sold - '£200m war chest'
After - 'We've got no money'

Arsenal fans are mugs.

Well this mug won't be buying tickets, thing is, paint it any colour you like no CL League football means big black hole in budget...
Now if you are calling ST subscribers mugs, I would say they have actually saved the club from Financial ruin, Ticket Exchange will be like EBay in the foreseeable future with price starting at 0.99p on auction...
The touts will be fucked though!....

[GranadaJoe]

Had to laugh at club mouthpiece Ornstein saying there is no money for a replacement or no money for major signings despite potentially being in a net spend positive when Chamberlain goes. Where did that £150m go?

If he said it then the club wanted him to say it.

Cracking stuff. This will be an entertaining shit show.

Transfer window: exposing the widely held myths about how clubs sign players

https://www.theguardian.com/football/th ... are_btn_tw

"This is a universal accounting practice called player amortisation, and it is fundamental to how clubs calculate player costs. Rather than recording the entire purchase when it was made, the club will spread the transfer fee over the length of the player’s contract"

I'm not sure there were many 'myths' busted. Amortisation is depreciation by another name and is standard accounting practice and has no connection to cash movements.

Player armotisation does affect cash movements. Just because we sign a player for £50m doesn't automatically mean it's £50m out of the transfer budget. Likely the amount is armotised over a period in regular payments to the selling club so the intial cost to the club is a fraction of the total financial outlay unless it's a pure cash deal. Depreciation is based tangible assets.

The statement below is taken directly from our financial report. We report player registration and aromatisation on our cash flow statement.

Player registrations:
The costs associated with acquiring players’ registrations or extending their contracts, including agents’ fees, are capitalised and amortised, in equal instalments, over the period of the respective players’ contracts. Where a contract life is renegotiated the unamortised costs, together with the new costs relating to the contract extension, are amortised over the term of the new contract. Where the acquisition of a player registration involves a non-cash consideration, such as an exchange for another player registration, the transaction is accounted for using an estimate of market value for the non-cash consideration. Under the conditions of certain transfer agreements or contract renegotiations, further fees will be payable in the event of the players concerned making a certain number of First Team appearances or on the occurrence of certain other specified future events. Liabilities in respect of these additional fees are accounted for, as provisions, when it becomes probable that the number of appearances will be achieved or the specified future events will occur.

With something like wages, movements in the Profit & Loss account will likely mirror actual cash movements (at 100k p.w. 5.2 million will leave the bank as cash and profit will be reduced by the same amount). However, provision will be made in the Accounts for payments like loyalty bonuses, because they are a liability to the club, but cash won't be spent until the player's contract ends (if those are the contract terms).
Similarly, how transfer fees are accounted for is separate from cash movements. The article says that Manure pay cash upfront to get a better price for a player. If they pay 10 million for a player, that amount leaves their bank account immediately, but if the player is on a 5 year contract, 2 million will be written off each year over the contract term.
The long paragraph you quote on player registrations backs up my point. How a liability is paid for and how it is accounted for are separate things.

Coming from a different angle, take Kolasinac. We paid his previous club nothing for him, but we will add his assumed market value to our balance sheet, which will then be written down over the course of his contract.

[rodders999]

So the stadium is being used as the excuse as to why we have no cash to spend this window.....familiar enough story until you realise it's in Los fucking Angeles

[TeeCee]

This is how I see things.....

Kranky has told Wonga he needs to make up the 40m+ he has lost through not qualifying for the CL so a profit must be made. I think Arsenal are a great tool for Kranky to use in securing loans etc for his other sporting franchises as the money Arsenal earn and the fact that Wonga is happy to make profits rather than make a good team mean he's in a win win situation.

Sanchez and Ox are/always were going to be sold. The posturing and lies about keeping them is all about driving up price. There is more chance of Wonga walking away from Arsenal saying 'I am a fraud and Arsenal don't deserve me' than there is of him letting 100m in transfer fees disappear down the Swannee. Wonga is obsessed with money and just WOULD NOT let them see out their contracts by choice.

I think we'll sell Sanchez for between 60 and 65m.

Looks like Mustafi isn't leaving

Sounds like PSG won't let Draxler leave, although the only thing in our favour is that we are not potential CL opposition for PSG so it may help just a tiny bit!

Evans wants to go to City obviously but it depends on them getting rid of Mangala by the looks of it. 30m for Evans? Sounds mad but then football is mad now. To be honest Evans is better than Mustafi, BGV and Holding IMO, so if we got him it would be an improvement, albeit a small one. We have to remember we are not a big club so cannot sign the best around.

I expect us to get rid of a couple of other bits of deadwood for bargain prices, they may let Debuchy go on a free even.

I expect us to sign at least one bargain basement frenchman from a 'little' French club. Wonga will pay up to 10m to help the French club out and the player will be the new deadwood we so desperately don't need.

So all in all, a really shit deadline day and I can only see Arsenal being MUCH weaker by the end of it, which is fine by me as it is going to help load the pressure on both Wonga and Kranky. Usmanov is very quiet and I think he may be waiting in the wings for the pressure to grow on Kranky before coming in with a big offer......we'll see.

[Eboue-Why?]

Imagine we sell Sanchez, buy nobody and are 2 down to Bournemouth after 70 mins

[supergeorgegraham]

How do we get our club back now it is firmly in the hands of the sith.

[Jumpers For Goalposts]

Imagine we sell Sanchez, buy nobody and are 2 down to Bournemouth after 70 mins

Perfect scenario if we're ever gonna get rid of Wenger and Kroenke.

BUT if it happened there would probably be no more than some tutting and a stampede for the exits

[flash gunner]

Imagine we sell Sanchez, buy nobody and are 2 down to Bournemouth after 70 mins

or buy Johnny Evans and are 2-0 down after 70 mins

[Redarmy]

Before most expensive season tickets in the world sold - '£200m war chest'
After - 'We've got no money'

Arsenal fans are mugs.

So Arsenal have got no money, and the scouse are spending up to £200 MILLION, and look like buying Lemar a player Wanker said was not being sold

LYING FUCKING SLAGS, they treat the fans like dirt....they are a shit club from top to bottom.....lying scumbags....

[DB10GOONER]

Imagine we sell Sanchez, buy nobody and are 2 down to Bournemouth after 70 mins

or buy Johnny Evans and are 2-0 down after 7 mins

Fixed that for ya, Flash.

[Redarmy]

Mustafi deal to Malaga has broken down, probably wages, so another unhappy player staying ....

What an unmitigated Disaster ......


still there is a ray of hope, we can still sign Johny Evans apparently

we are going to end up mid table.....

[General]

Had to laugh at club mouthpiece Ornstein saying there is no money for a replacement or no money for major signings despite potentially being in a net spend positive when Chamberlain goes. Where did that £150m go?

If he said it then the club wanted him to say it.

Cracking stuff. This will be an entertaining shit show.

Transfer window: exposing the widely held myths about how clubs sign players

https://www.theguardian.com/football/th ... are_btn_tw

"This is a universal accounting practice called player amortisation, and it is fundamental to how clubs calculate player costs. Rather than recording the entire purchase when it was made, the club will spread the transfer fee over the length of the player’s contract"

I'm not sure there were many 'myths' busted. Amortisation is depreciation by another name and is standard accounting practice and has no connection to cash movements.

Player armotisation does affect cash movements. Just because we sign a player for £50m doesn't automatically mean it's £50m out of the transfer budget. Likely the amount is armotised over a period in regular payments to the selling club so the intial cost to the club is a fraction of the total financial outlay unless it's a pure cash deal. Depreciation is based tangible assets.

The statement below is taken directly from our financial report. We report player registration and aromatisation on our cash flow statement.

Player registrations:
The costs associated with acquiring players’ registrations or extending their contracts, including agents’ fees, are capitalised and amortised, in equal instalments, over the period of the respective players’ contracts. Where a contract life is renegotiated the unamortised costs, together with the new costs relating to the contract extension, are amortised over the term of the new contract. Where the acquisition of a player registration involves a non-cash consideration, such as an exchange for another player registration, the transaction is accounted for using an estimate of market value for the non-cash consideration. Under the conditions of certain transfer agreements or contract renegotiations, further fees will be payable in the event of the players concerned making a certain number of First Team appearances or on the occurrence of certain other specified future events. Liabilities in respect of these additional fees are accounted for, as provisions, when it becomes probable that the number of appearances will be achieved or the specified future events will occur.

The club has more liquid cash than any other top club in football, I believe. Two billionaire owners, TV deals, sponsorships, highest ticket revenue on planet earth and they say there is no money for transfers...

No other so called top club would talk about factoring player's wages into the transfer fees, what a load of shite. When was the last time you saw either Manc clubs or Chelsea talk about player amortisation? Laughable.

This whole ''no money available'' reeks of PR guff from the club to deflect away from Wenger's ineptitude.

It all starts because some useless journo said the club doesn't have any money. Hook line sinker suddenly everybody is up in arms. This is what the fraud has done to the fanbase. There isn't a more gullible fanbase in world football.

[DB10GOONER]

I'm assuming this is what passes for "planning" in WengerLand. The BGV is retiring at season's end. Wenger brings in sooooper qualideee Jonny Fucking Evans as long term replacement and new Club Captain.

Yaaaaay!! YAAAAAAAAAYYY!!!!