| Town lead Omari chase; Chelsea aiming for £30m 13:33 - Jun 24 with 6692 views | Chris_ITFC |
A permanent move away from Chelsea is a serious option for the winger.
There is an expectancy that a bid from Ipswich is imminent.
VfB Stuttgart and Ajax remain interested in Hutchinson, although it seems to have cooled somewhat in recent weeks. At the moment, Ipswich look to be the front-runners.
The Blues are expected to ask for around £30million for the former Arsenal academy star. There have been some suggestions that Ipswich will offer around £20million initially, so there may need to be a common ground found between the two Premier League clubs.
https://www.football.london/chelsea-fc/transfer-news/chelsea-aim-30m-transfer-wi [Post edited 24 Jun 2024 13:44]
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| Town lead Omari chase; Chelsea aiming for £30m on 13:47 - Jun 24 with 5853 views | kizaitfc |
If true, I imagine we are looking to use the FFP deadline (30 June) to our advantage here. |  |
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| Town lead Omari chase; Chelsea aiming for £30m on 13:54 - Jun 24 with 5730 views | RegencyBlue |
Chelsea may want £30 million but I can’t see them getting it from anyone for Omari at this stage of his career.£20 million max including add ons maybe. |  | | |
| Town lead Omari chase; Chelsea aiming for £30m on 14:00 - Jun 24 with 5611 views | TRUE_BLUE123 |
No chance they get 30 million |  |
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| Town lead Omari chase; Chelsea aiming for £30m on 14:06 - Jun 24 with 5540 views | Chris_ITFC |
| Town lead Omari chase; Chelsea aiming for £30m on 13:47 - Jun 24 by kizaitfc |
If true, I imagine we are looking to use the FFP deadline (30 June) to our advantage here. |
You would hope so - if he isn’t signed by this time next week, it would be slightly surprising. | |
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| Town lead Omari chase; Chelsea aiming for £30m on 14:08 - Jun 24 with 5499 views | SheffordBlue |
| Town lead Omari chase; Chelsea aiming for £30m on 14:06 - Jun 24 by Chris_ITFC |
You would hope so - if he isn’t signed by this time next week, it would be slightly surprising. |
It depends a bit on whether their hotel sale put them in a strong enough position to avoid having to sell by that deadline. Think opinion among journos etc is split a bit on whether that makes them safe. | |
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| Town lead Omari chase; Chelsea aiming for £30m on 14:34 - Jun 24 with 5160 views | SmithersJones |
| Town lead Omari chase; Chelsea aiming for £30m on 13:47 - Jun 24 by kizaitfc |
If true, I imagine we are looking to use the FFP deadline (30 June) to our advantage here. |
Chelsea may be prepared to accept a lower offer to get the deal into the 23/24 financial year but we need to think of our FFP position too. In effect we’d be signing him in a championship season (max loss £13m) rather than a prem season (max loss £35m). You look at a rolling three seasons so the question is how much headroom do we have for the three seasons 21/22, 22/23 and 23/24 rolled up?
Good thing is we’re unlikely to incur any more unplanned expenditure before 30 June so we can take it to the wire, plus there’ll be minimal wages for OH this year.
Presumably Tom Ball is buying extra batteries for his calculator. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 14:42 - Jun 24 with 5009 views | tractorboy1978 |
| Town lead Omari chase; Chelsea aiming for £30m on 14:08 - Jun 24 by SheffordBlue |
It depends a bit on whether their hotel sale put them in a strong enough position to avoid having to sell by that deadline. Think opinion among journos etc is split a bit on whether that makes them safe. |
Selling Maatsen for £37.5m has no doubt helped.
If they don't need to sell pre 30th June, I wonder if they may decide to loan him out for another season. If he came here and did well you could probably add £15-£20m to his value next summer. [Post edited 24 Jun 2024 14:44]
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| Town lead Omari chase; Chelsea aiming for £30m on 14:44 - Jun 24 with 4993 views | SWBlue22 |
Get it done. Get it done. GET IT DONE !!! |  | | |
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| Town lead Omari chase; Chelsea aiming for £30m on 14:45 - Jun 24 with 4968 views | SheffordBlue |
| Town lead Omari chase; Chelsea aiming for £30m on 14:42 - Jun 24 by tractorboy1978 |
Selling Maatsen for £37.5m has no doubt helped.
If they don't need to sell pre 30th June, I wonder if they may decide to loan him out for another season. If he came here and did well you could probably add £15-£20m to his value next summer. [Post edited 24 Jun 2024 14:44]
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Think he's only got a year left and doesn't want to sign a new contract as there's no pathway for him there. They really need to shift him this summer | |
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| Town lead Omari chase; Chelsea aiming for £30m on 14:48 - Jun 24 with 4919 views | burnbudgiesburn |
Max £20m incl add ons or walk away.
If we are prepared to bid you would think we have some encouragment from his agents that he is prepared to move here permanently. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 14:50 - Jun 24 with 4883 views | Europablue |
| Town lead Omari chase; Chelsea aiming for £30m on 14:34 - Jun 24 by SmithersJones |
Chelsea may be prepared to accept a lower offer to get the deal into the 23/24 financial year but we need to think of our FFP position too. In effect we’d be signing him in a championship season (max loss £13m) rather than a prem season (max loss £35m). You look at a rolling three seasons so the question is how much headroom do we have for the three seasons 21/22, 22/23 and 23/24 rolled up?
Good thing is we’re unlikely to incur any more unplanned expenditure before 30 June so we can take it to the wire, plus there’ll be minimal wages for OH this year.
Presumably Tom Ball is buying extra batteries for his calculator. |
There is a major flaw in the system. It really shouldn't matter what year the accounts are in if you can get a better deal a month later like Nottingham Forest, or you have the money available and you want to spend it now rather than a month later. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 14:56 - Jun 24 with 4817 views | Europablue |
| Town lead Omari chase; Chelsea aiming for £30m on 14:48 - Jun 24 by burnbudgiesburn |
Max £20m incl add ons or walk away.
If we are prepared to bid you would think we have some encouragment from his agents that he is prepared to move here permanently. |
Sometimes the encouragement is only made to out them in a better bargaining position. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 14:58 - Jun 24 with 4793 views | Chris_ITFC |
| Town lead Omari chase; Chelsea aiming for £30m on 14:34 - Jun 24 by SmithersJones |
Chelsea may be prepared to accept a lower offer to get the deal into the 23/24 financial year but we need to think of our FFP position too. In effect we’d be signing him in a championship season (max loss £13m) rather than a prem season (max loss £35m). You look at a rolling three seasons so the question is how much headroom do we have for the three seasons 21/22, 22/23 and 23/24 rolled up?
Good thing is we’re unlikely to incur any more unplanned expenditure before 30 June so we can take it to the wire, plus there’ll be minimal wages for OH this year.
Presumably Tom Ball is buying extra batteries for his calculator. |
Slight difference is the buying club likely to amortise, selling club likely booking in full, so the impact (whilst still relevant) isn’t as big.
It’s generally why the talk is more of clubs selling pre-deadline rather than buying post-, and hopefully the talk of our bid being “imminent” is a sign we can afford it and can hopefully capitalise on the situation at Chelsea. | |
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| Town lead Omari chase; Chelsea aiming for £30m on 15:04 - Jun 24 with 4707 views | Stewart27 |
Get it done | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 15:16 - Jun 24 with 4611 views | RegencyBlue |
| Town lead Omari chase; Chelsea aiming for £30m on 14:45 - Jun 24 by SheffordBlue |
Think he's only got a year left and doesn't want to sign a new contract as there's no pathway for him there. They really need to shift him this summer |
Two years I think.
Chelsea activated the extra years option they had to protect their position. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 15:29 - Jun 24 with 4454 views | tractorboy1978 |
| Town lead Omari chase; Chelsea aiming for £30m on 15:16 - Jun 24 by RegencyBlue |
Two years I think.
Chelsea activated the extra years option they had to protect their position. |
Yeah believe he has two years. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 16:00 - Jun 24 with 4238 views | Chris_ITFC |
| Town lead Omari chase; Chelsea aiming for £30m on 15:16 - Jun 24 by RegencyBlue |
Two years I think.
Chelsea activated the extra years option they had to protect their position. |
Yeah pretty sure that’s correct too | |
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| Town lead Omari chase; Chelsea aiming for £30m on 16:02 - Jun 24 with 4220 views | itfcjoe |
£15m plus some generous top ups will do it |  |
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| Town lead Omari chase; Chelsea aiming for £30m on 17:18 - Jun 24 with 3856 views | SmithersJones |
| Town lead Omari chase; Chelsea aiming for £30m on 14:58 - Jun 24 by Chris_ITFC |
Slight difference is the buying club likely to amortise, selling club likely booking in full, so the impact (whilst still relevant) isn’t as big.
It’s generally why the talk is more of clubs selling pre-deadline rather than buying post-, and hopefully the talk of our bid being “imminent” is a sign we can afford it and can hopefully capitalise on the situation at Chelsea. |
True, but even at £20m for a five year contract that’s £4m in a Championship season (ie about a third of our allowable losses). Not saying we don’t have the headroom (and our accounts for 22/23 showed we had some spare for that year) but it shouldn’t be ignored. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 17:20 - Jun 24 with 3828 views | tractorboy1978 |
| Town lead Omari chase; Chelsea aiming for £30m on 17:18 - Jun 24 by SmithersJones |
True, but even at £20m for a five year contract that’s £4m in a Championship season (ie about a third of our allowable losses). Not saying we don’t have the headroom (and our accounts for 22/23 showed we had some spare for that year) but it shouldn’t be ignored. |
It wouldn't be £4m. You'd account for it apportioned from date of transfer, so if we signed him tomorrow you'd have a month's charge (just June) of £333k. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 17:35 - Jun 24 with 3697 views | berkstractorboy |
| Town lead Omari chase; Chelsea aiming for £30m on 13:47 - Jun 24 by kizaitfc |
If true, I imagine we are looking to use the FFP deadline (30 June) to our advantage here. |
Read somewhere Chelsea don't need to make sales to meet PSR which is contrary to other reports.
Thought Leicester, Forest and Everton also had to shift players out so maybe movement this week at those although I am sure all this young player swapping between Everton, Villa and Chelsea has something to do with this but I don't understand how. | | | |
| Town lead Omari chase; Chelsea aiming for £30m on 17:57 - Jun 24 with 3523 views | HighgateBlue |
| Town lead Omari chase; Chelsea aiming for £30m on 14:50 - Jun 24 by Europablue |
There is a major flaw in the system. It really shouldn't matter what year the accounts are in if you can get a better deal a month later like Nottingham Forest, or you have the money available and you want to spend it now rather than a month later. |
There has to be a financial reference point, a line in the sand, in order to be able to ascertain what the PSR Calculation is for each relevant year. Whether they set a maximum permissible loss by reference to one year or a three year period, that period is still going to have a fixed beginning and end.
A club has a certain amount of flexibility as to when their year end is, for the purposes of the accounts which are relevant for PSR purposes, but that year end must be between 31 May and 31 July. |  | | |
| Town lead Omari chase; Chelsea aiming for £30m on 18:14 - Jun 24 with 3365 views | Chris_ITFC |
| Town lead Omari chase; Chelsea aiming for £30m on 17:35 - Jun 24 by berkstractorboy |
Read somewhere Chelsea don't need to make sales to meet PSR which is contrary to other reports.
Thought Leicester, Forest and Everton also had to shift players out so maybe movement this week at those although I am sure all this young player swapping between Everton, Villa and Chelsea has something to do with this but I don't understand how. |
It’s linked to:
a) the accounting function, amortisation, mentioned above
b) the fact that academy products cost nothing in the accounts, so selling them equals maximum profit.
So…
Club A sells Youth A to Club B for £20m.
This means Club A can add £20m profit to their PSR calculations.
Club B can amortise this £20m over 5 years, meaning it only costs £4m in this year’s accounts.
If Club B also sell Youth B back in the opposite direction, it’s basically a ‘free’ way to add £16m of profit into this year’s accounts for both clubs.
Clear as mud? | |
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| Town lead Omari chase; Chelsea aiming for £30m on 19:54 - Jun 24 with 2930 views | azuremerlangus |
| Town lead Omari chase; Chelsea aiming for £30m on 16:02 - Jun 24 by itfcjoe |
£15m plus some generous top ups will do it |
I agree - that would suit both clubs |  |
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| Town lead Omari chase; Chelsea aiming for £30m on 22:18 - Jun 24 with 2531 views | berkstractorboy |
| Town lead Omari chase; Chelsea aiming for £30m on 18:14 - Jun 24 by Chris_ITFC |
It’s linked to:
a) the accounting function, amortisation, mentioned above
b) the fact that academy products cost nothing in the accounts, so selling them equals maximum profit.
So…
Club A sells Youth A to Club B for £20m.
This means Club A can add £20m profit to their PSR calculations.
Club B can amortise this £20m over 5 years, meaning it only costs £4m in this year’s accounts.
If Club B also sell Youth B back in the opposite direction, it’s basically a ‘free’ way to add £16m of profit into this year’s accounts for both clubs.
Clear as mud? |
Thanks that's clear and basically a way of scamming the system if you have youth who are 'surplus' to requirements so you can use as a pawn and you can find another club happy to reciprocate a deal with.
I wonder how those players feel! | | | |
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