| Philogene update... 10:29 - Jul 10 with 20588 views | ITFCBlues |
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| Philogene update... on 11:16 - Jul 10 with 2272 views | tractorboy1978 |
| Philogene update... on 11:10 - Jul 10 by portmanking |
Trying to drive up price to improve their sell-on? |
If they were that desperate to sign him, it wouldn't have taken until the 11th hour to trigger the clause.
Delap and Greaves signing here must go in our favour. Mates with Omari. McKenna will have made him feel a million dollars. I am confident. |  | | |
| Philogene update... on 11:17 - Jul 10 with 2261 views | NedPlimpton |
| Philogene update... on 11:08 - Jul 10 by RegencyBlue |
I would imagine this has been going on behind the scenes for much longer than a week! |
Well yes, but for people to say they're sick of it or that we're wasting time and should move on is a bit ridiculous
It's hardly like the George Hirst saga from a couple.of years ago! |  | | |
| Philogene update... on 11:18 - Jul 10 with 2229 views | MidlandBlue25 |
| Philogene update... on 10:58 - Jul 10 by tonybied |
Why would we bid more if our current bid has been accepted? We won't be able to outbid Villa so it would be a pointless exercise. |
Yes that's very true. I just think thats what the poster meant | | | |
| Philogene update... on 11:19 - Jul 10 with 2224 views | Parky |
I wonder if Villa can buy him and then sell him straight away so it counts towards their homegrown players sold quota. [Post edited 10 Jul 2024 11:29]
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| Philogene update... on 11:20 - Jul 10 with 2190 views | portmanking |
| Philogene update... on 11:19 - Jul 10 by Parky |
I wonder if Villa can buy him and then sell him straight away so it counts towards their homegrown players sold quota. [Post edited 10 Jul 2024 11:29]
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Ahhh, so that's what someone may have just been implying to me!
What is this quota all about? I'm completely new to this. | | | |
| Philogene update... on 11:25 - Jul 10 with 2097 views | MidlandBlue25 |
| Philogene update... on 11:19 - Jul 10 by Parky |
I wonder if Villa can buy him and then sell him straight away so it counts towards their homegrown players sold quota. [Post edited 10 Jul 2024 11:29]
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My question there is why would Philogene agree to sign for another club just to be sold to another? Waste of time on his behalf | | | |
| Philogene update... on 11:27 - Jul 10 with 2033 views | Parky |
| Philogene update... on 11:20 - Jul 10 by portmanking |
Ahhh, so that's what someone may have just been implying to me!
What is this quota all about? I'm completely new to this. |
I don’t really understand it to be honest, but believe it’s something along the lines that a ‘homegrown’ player sale counts as pure profit which then helps their accounts. Like I say, just a guess of course.
Edit - I think UEFA have a rule that there has to be 8 ‘homegrown’ players in their squad too, so could just be bought back to be one of those. [Post edited 10 Jul 2024 11:30]
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| Philogene update... on 11:27 - Jul 10 with 2031 views | WeirdFishes |
| Philogene update... on 11:25 - Jul 10 by MidlandBlue25 |
My question there is why would Philogene agree to sign for another club just to be sold to another? Waste of time on his behalf |
I imagine it would be an administrative thing more than anything. Sign for Villa at 12:00, sign here at 12:10. |  |
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| Philogene update... on 11:29 - Jul 10 with 1974 views | burnbudgiesburn |
| Philogene update... on 11:27 - Jul 10 by WeirdFishes |
I imagine it would be an administrative thing more than anything. Sign for Villa at 12:00, sign here at 12:10. |
Must be a rule against that sort of thing i'd imagine | | | |
| Philogene update... (n/t) on 11:31 - Jul 10 with 1912 views | farkenhell |
| Philogene update... (n/t) on 10:57 - Jul 10 by Marshalls_Mullet |
I don't think it would be worth Villa's effort to do that for an incremental increase in their sell on fee.
They would look like amateurs to clubs and players.
What happens when ITFC don't increase their bid?... Villa turn round to the player and say they were just bluffing?
[Post edited 10 Jul 2024 11:00]
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I wondered whether it was a crude attempt to alter the apportionment between the Greaves and Philogene prices? I.e., if the reported £18 million for Philogene is accurate, leaving £22 million for Greaves, Villa think they're being shafted, so are looking for both transfers to be set at £20 million. But, assuming that the sell-on is 20% (I think that's the reported figure) this would be worth only an additional £400K to Villa - which is peanuts in the grand scheme of things. | | | |
| Philogene update... (n/t) on 11:34 - Jul 10 with 1856 views | Marshalls_Mullet |
| Philogene update... (n/t) on 11:31 - Jul 10 by farkenhell |
I wondered whether it was a crude attempt to alter the apportionment between the Greaves and Philogene prices? I.e., if the reported £18 million for Philogene is accurate, leaving £22 million for Greaves, Villa think they're being shafted, so are looking for both transfers to be set at £20 million. But, assuming that the sell-on is 20% (I think that's the reported figure) this would be worth only an additional £400K to Villa - which is peanuts in the grand scheme of things. |
It wont change the price. |  |
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| Philogene update... on 11:34 - Jul 10 with 1857 views | JimmyJazz |
As our bid is a joint bid, what's to stop us and Hull stating the Philogene deal is 30m and Greaves just 5m - if it is a 35m bid? There must be laws on this as it would also impact any sell on clauses |  |
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| Philogene update... on 11:36 - Jul 10 with 1807 views | Kieran_Knows |
| Philogene update... on 11:34 - Jul 10 by JimmyJazz |
As our bid is a joint bid, what's to stop us and Hull stating the Philogene deal is 30m and Greaves just 5m - if it is a 35m bid? There must be laws on this as it would also impact any sell on clauses |
In Hulls case, they’ll want the figures the other way around as Greaves will be ‘pure profit’ on their books and helps with any FFP rules. |  |
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| Philogene update... on 11:36 - Jul 10 with 1793 views | Cheltenham_Blue |
| Philogene update... on 10:39 - Jul 10 by NthQldITFC |
Is it not the case that they've matched our bid and it's up to Philogene to decide? And didn't Villa say that they would respect that decision? |
For clarity I said, Hull have accept Villas bid.
In no way did I suggest the player now HAS to join Villa. |  |
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| Philogene update... on 11:37 - Jul 10 with 1773 views | Metal_Hacker |
I’m off for a kip as I’m bored now
Wake me up when it’s concluded either way
Fanks |  |
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| Philogene update... on 11:37 - Jul 10 with 1764 views | homer_123 |
| Philogene update... on 11:08 - Jul 10 by RegencyBlue |
I would imagine this has been going on behind the scenes for much longer than a week! |
You do know how long we courted KM don't you? |  |
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| Philogene update... on 11:38 - Jul 10 with 1730 views | farkenhell |
| Philogene update... on 11:34 - Jul 10 by JimmyJazz |
As our bid is a joint bid, what's to stop us and Hull stating the Philogene deal is 30m and Greaves just 5m - if it is a 35m bid? There must be laws on this as it would also impact any sell on clauses |
I don't think it's as straightforward as that, but in essence, Hull wouldn't agree with those figures because they would receive less money (the smaller balance after the increased sell-on to Villa). | | | |
| Philogene update... on 11:47 - Jul 10 with 1592 views | Pinewoodblue |
| Philogene update... on 11:27 - Jul 10 by Parky |
I don’t really understand it to be honest, but believe it’s something along the lines that a ‘homegrown’ player sale counts as pure profit which then helps their accounts. Like I say, just a guess of course.
Edit - I think UEFA have a rule that there has to be 8 ‘homegrown’ players in their squad too, so could just be bought back to be one of those. [Post edited 10 Jul 2024 11:30]
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That only works when you first sell a player you haven’t paid a transfer fee for.
If you buy for £16m & sell on for £18m your profit is £2m. |  |
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| Philogene update... on 11:51 - Jul 10 with 1508 views | WeirdFishes |
| Philogene update... on 11:47 - Jul 10 by Pinewoodblue |
That only works when you first sell a player you haven’t paid a transfer fee for.
If you buy for £16m & sell on for £18m your profit is £2m. |
In FFP terms though the purchase would be amortised over say 5 years, so roughly £3.5m per year but the sale logged as £18m in this year, so it would give them more leeway for spending this year. | |
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| Philogene update... on 11:56 - Jul 10 with 1408 views | SmithersJones |
| Philogene update... on 11:36 - Jul 10 by Kieran_Knows |
In Hulls case, they’ll want the figures the other way around as Greaves will be ‘pure profit’ on their books and helps with any FFP rules. |
It makes no odds for FFP/PSR. If the combined fee is the same then then profit is the same. Any extra profit on one is balanced by less on the other.
It would, though, benefit Hull to keep the Philogene portion of the total down to reduce Villa’s sell on. | | | |
| Philogene update... on 11:58 - Jul 10 with 1376 views | farkenhell |
| Philogene update... on 11:47 - Jul 10 by Pinewoodblue |
That only works when you first sell a player you haven’t paid a transfer fee for.
If you buy for £16m & sell on for £18m your profit is £2m. |
Could you clarify something for this ignoramus? If Villa were to buy him from Hull for £18 million (on a 5-year contract) and immediately sell him to us for the same price, would Villa be able to amortise the purchase price over 5 years (so that only 20% is counted in the current year's accounts for PSR purposes) or would the subsequent sale to us scupper this for them (ie - both sale and purchase would counter-balance each other in the same year's accounts)? | | | |
| Philogene update... on 11:58 - Jul 10 with 1372 views | Vic |
| Philogene update... on 10:40 - Jul 10 by portmanking |
FFS. I had a weird feeling this would happen.
However, is he going to get more game time there than at Everton? I guess they may need to rotate more now that they're in the Champions League.
Could we technically wait until 11.50pm tonight and make an improved offer?! |
so it's a bit like ebay - put in a really late bid so no one has a chance to go higher! |  |
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| Philogene update... on 11:59 - Jul 10 with 1347 views | SmithersJones |
| Philogene update... on 11:51 - Jul 10 by WeirdFishes |
In FFP terms though the purchase would be amortised over say 5 years, so roughly £3.5m per year but the sale logged as £18m in this year, so it would give them more leeway for spending this year. |
For any sale, the amortised cost of the player is immediately counted as a cost at the point of sale and is no longer spread over the length of the contract. So buying him then selling him straight away has no benefit to Villa unless they sell him for more. | | | |
| Philogene update... on 12:00 - Jul 10 with 1317 views | SmithersJones |
| Philogene update... on 11:58 - Jul 10 by farkenhell |
Could you clarify something for this ignoramus? If Villa were to buy him from Hull for £18 million (on a 5-year contract) and immediately sell him to us for the same price, would Villa be able to amortise the purchase price over 5 years (so that only 20% is counted in the current year's accounts for PSR purposes) or would the subsequent sale to us scupper this for them (ie - both sale and purchase would counter-balance each other in the same year's accounts)? |
See my previous post - no benefit to Villa in doing this. | | | |
| Philogene update... on 12:02 - Jul 10 with 1257 views | SmithersJones |
| Philogene update... on 10:51 - Jul 10 by NedPlimpton |
Hasn't he literally had a new option on the table today in the form of Villa
Cut the guy some slack and let him think about his options before the whole "we don't want people who aren't 100% committed" routine
By all accounts Morsy wasn't 100% sure abut joining us when he signed and look how that turned out! [Post edited 10 Jul 2024 10:58]
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It would be great if this board could be set up so that every time someone says “this has been dragging on too long, we only want players who are 100% committed” there’s an auto-reply with your last sentence! | | | |
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