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The We8Campbell Memorial ITK Thread

FA9 @Football_Agent9

Spurs were making noises RE Diame, waited on Jenas, Everton also want his signature tonight.


^Not a WUM BTW
 
kevin phillips is heading to london apparently, press think palace but that has last minute Levy written all over it
 
Spursalot said:
Why?

When transfers are structured over a number of years, how do you know that all the money for those transfers has come in?


You really don't.

If you don't understand/want to understand amortisation and structured payments then there's fudge all chance of you understanding a football clubs finances.
Click to expand...

No need for the blasphemy - can we possibly respect each other's opinions on here?
I know that you don't get all transfer money up front. Nor do you spend in the same way.
I have never said, at any time, that the cash will have all come in.
But, if you have that asset on your Balance Sheet then you can commit future spending against it.
So please tell me why we have few funds available - I do not believe we ever spent all of the Modric money.
And if you convince me that you are an expert on football club finance I will bow to your superior knowledge
 
Mackay61 said:
No need for the blasphemy - can we possibly respect each other's opinions on here?
I know that you don't get all transfer money up front. Nor do you spend in the same way.
I have never said, at any time, that the cash will have all come in.
But, if you have that asset on your Balance Sheet then you can commit future spending against it.
So please tell me why we have few funds available - I do not believe we ever spent all of the Modric money.
And if you convince me that you are an expert on football club finance I will bow to your superior knowledge
Click to expand...


We do respect other peoples opinions. Apart from when people start claiming things about other people. Like someone started doing?


What blasphemy? There was zero blasphemy.
 
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