Summer Signings

[Hesperus]

ChatGPT answer.


Say we buy a player for £60m and give him a 5-year contract.

For accounting purposes:

£60m ÷ 5 years = £12m amortisation per year

So the club initially records:

Year 1 - 12 mill, year 2 - 12 mil. Etc

The £12m is an expense in each year's accounts, even though the club paid the £60m transfer fee upfront (or according to the payment schedule).

Why it matters when a player is sold

This is where football accounting gets particularly interesting.

Suppose after 2 years the club sell the player for £50m.

His accounting/book value is:

£60m − £24m amortisation = £36m

They sell him for £50m, so they record a:

£50m − £36m = £14m profit

That £14m is recognised immediately in the accounts.

So you can have a situation where a club pays £60m for a player, has only recognised £24m of the cost as an expense, then sells him for £50m and reports a £14m accounting profit.

[reddishblue]

We need Swiss Tony here to create a spreadsheet to explain how this affects net spend over the last 5 years.

[Hesperus]

https://www.bbc.co.uk/sport/football/articles/clyj50j91xgo

Omar Marmoush gone to Spurs. Loan with obligation to buy next summer for £60 million.

[Hesperus]

Nico Gonzalez is gone. Its been an incredibly busy summer and more to come yet.

I feel for Nico, seemed like a really good lad. He was never given a chance by Pep. I think there is a very good footballer in him, but it won't be for us now.

[gavin]

I thought it disgraceful that he didn't make the bench for the FA Cup final after making the difference in the semi

[Hesperus]

https://www.mancity.com/news/mens/allan-elias-signs-for-manchester-city-63923773

Allan signed. Seems a versatile player. Predominately a right winger has also played in midfield, striker and right back positions.

[reddishblue]

Enzo on the way? I suspected this along with others was always going to happen. Tomorrow could be interesting or not...


Fabrizio Romano
@FabrizioRomano
🚨💣 BREAKING: Manchester City have now made official club to club approach with Chelsea for Enzo Fernández!

For the first time this summer, #MCFC have approached Chelsea and negotiations are ongoing

Enzo, waiting for a verdict. Deal on. 🇦🇷

[reddishblue]

Just for a laugh we should if Alvarez would be available on loan. Might help his transition to Barca haha 

[reddishblue]

And another...

Fabrizio Romano
@FabrizioRomano
·
4m
🚨🇸🇳 Iliman Ndiaye has authorization from Everton to undergo a medical at Manchester City.

The deal will be worth £60m fixed fee plus £5m add-ons, contract also agreed.

The secret contacts reactivated as revealed today are now a done deal. ✅

[gavin]

A lot of movement on the wing. I thought that we might be after another striker as backup for the big man.

[Hesperus]

Thought Ndiaye he had an amazing game against us last season at our place. Been keeping an eye on him since.

Haven't seen him play as well as that game, but he could be very astute signing for us.

[reddishblue]

Fabrizio Romano
@FabrizioRomano
·
Follow
🚨💣 BREAKING: Enzo Fernández to Manchester City, HERE WE GO! 🇦🇷

Deal in place for fee over £125m after a long negotiation as Chelsea approved the sale.

Enzo only wanted Manchester City and he's now set for medical at #MCFC.

[Hesperus]

Bit of a marmite one this. I found the whole Argentinian team completely odious during the World Cup.

I'll give him a go though Aguero and Zab were belters so fingers crossed 🤞.

[gavin]

It is still looking like it will be completed but 2 hours to go...

[gavin]

Done deal

https://www.mancity.com/news/mens/enzo-fernandez-signs-for-city-63923893

[Hesperus]

Absolutely huge transfer window for us. Both incoming and outgoing.

Will be hard for Maresca to get the team to gel and come together in a short time so I think this season will be a bit up and down for us but hopefully we'll be set up well for the coming years.

[KunDB]

For me, this is a repeat of the Pep team build. Enzo has started quicker though with this total midfield rebuild. Pep didn't really make enough changes during the first year of his reign, probably due to finance, and the big changes came in his second year.

It might take a year for this team to gel together and reach peak form, but next year it should be a formidable team I suspect, if not this year.

It oozes quality all round and depth.