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Federico Fazio

Discussion in 'Classic Threads' started by Jordinho, 27 Aug 2014.

  1. Gutter Boy

    Gutter Boy Tim Sherwood

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    Ok, in simpler terms. I don't think Levy wouldn't have authorised signing Sissoko on deadline day if Bentaleb, Njie and Fazio had gone on simple loans, rather than loans-to-buy (i.e. 98% money in the bank/wages off the bill)
     
  2. braineclipse

    braineclipse Andy Thompson

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    Someone tell Leeds, Bolton and Portsmouth... They will be delighted to find out it was impossible. Probably some accounting error or other such confusion. Should be in excellent shape financially having learned this.
     
  3. braineclipse

    braineclipse Andy Thompson

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    I don't think it matters much at all how it's accounted for. We're in a very solid financial situation and I don't think we go in to any window with a strict transfer budget.
     
  4. Bedfordspurs

    Bedfordspurs Dimitar Berbatov

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    The spent money they didn't have.... or committed to spend money they didn't have. It's basically a lease purchase arrangement that they defaulted on
     
  5. braineclipse

    braineclipse Andy Thompson

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    Which is what GB is suggesting we did isn't it?
     
  6. Bedfordspurs

    Bedfordspurs Dimitar Berbatov

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    No

    Leeds bought players on deals where the paid over say 4 years, not based on potential sales just their best guess in income and speculating. Pompey had owners who couldnt cover their bills in pretty much the same way

    GB is saying we had deals in place to sell these players before the start of the next season (who may even be a new financial year) so spent that money on Sissoko which would be us spending money we didn't have on the basis it would come in pre arranged transfer fees. So it's not a finance arrangement, but a spend against future sales.... pretty much an Enron type arrangement of booking sales in advance to increase profit and turnover etc...
     
  7. braineclipse

    braineclipse Andy Thompson

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    Most transfer deals are paid over a few years. For Sissoko it has been reported that we're paying installments over years. And in accounting terms deals are usually amortized over the length of the player's contract.

    Assuming that we would sell Fazio, Njie and Bentaleb over the following 12 months giving us a bit more money to spend seems reasonable enough. If it's described like that or as a net spend for Sissoko and a net earn this summer for those outgoings makes very little practical difference imo.
     
  8. K.D.D.D.D.Soc

    K.D.D.D.D.Soc Simon Davies

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    Good luck to him, he wasn't as bad as some have said, we've had far worse at cb, but the high line and pace of game did not suit him.
     
    parklane1, milo and braineclipse like this.
  9. spr83

    spr83 Mark Bowen

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    Bentaleb's permanent transfer was confirmed in February, so he has already been sold.
     
  10. Bedfordspurs

    Bedfordspurs Dimitar Berbatov

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    Yes I agree but we would have bought sissoko in 2016

    Yet sold Bentelab, Fazio and Njie in 2017 to pay for it.... so one deal would be don win dance of the others which you can't do

    Where GB has gone wrong with his argument is correlating sales hadn't made (and still haven't in the case of Njie) with a purchase we had.
     
  11. ricky2tricky4city

    ricky2tricky4city Justin Edinburgh

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    Move to General..
     
  12. DubaiSpur

    DubaiSpur Paul Robinson

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    Adios, Fede2Fazio. Thanks for a year of first-team service, and the very best of luck to you at Roma.
     
  13. parklane1

    parklane1 Luka Modric

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    Could not agree more ( we have probably had more crap CB's here then any other position) and he was not that bad just did not suit the English game.
     

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