| Hmm, The Athletic framing Omari’s performance on 10:21 - Jun 13 with 1817 views | tonybied |
| Hmm, The Athletic framing Omari’s performance on 09:39 - Jun 13 by tractorboy1978 |
£65m won't hit our P&L for PSR purposes, it'll be more like £25-30m in profit on disposal for Delap/Omari.
I wonder if Rak-Sakyi is another one we go back for permanantly too. |
I think it'll be Doak we're back in for if Hutch leaves. |  | |  |
| Hmm, The Athletic framing Omari’s performance on 10:30 - Jun 13 with 1779 views | tractorboy1978 |
| Hmm, The Athletic framing Omari’s performance on 10:18 - Jun 13 by _clive_baker_ |
I make that about right. If we got £35m for Omari and Chelsea have a 20% of profit clause we would presumably net somewhere in the region of £12m - £15m on him.
The other factor is the wage bill, I'd imagine Omari and Delap were up there among the higher earners. I think Ben Johnson might be an attractive trade if we can get some money for him, he signed on a free so would deliver some PSR upside, and no doubt his wages are high.
I'd be interested to know how auditors approach IAS 36 impairment of intangible assets when it comes to football / players. Its quite a niche industry and I'm not sure how its tested in the real world.
Presumably there's an argument in a couple of instances for impairment losses. Ogbene perhaps given his significant injury, Muric's loss of form. Presumably very subjective and difficult to quantify. |
Yes, totally agree re Johnson. He'd be a very decent player at Championship level but wouldn't be one we miss. I'm not even sure where he fits in next season given McKenna doesn't seem to like him in that hybrid RB role and we aren't going to be playing with a defensively minded right winger 90% of the time.
On IAS 36 - so subjective and hard to assess that practically impairments won't be recognised I would imagine. The club won't want to recognise one and the auditors can't prove that a mad Turkish club won't offer us £10m for Muric tomorrow! |  | | |
| Hmm, The Athletic framing Omari’s performance on 10:35 - Jun 13 with 1764 views | Bellevue_Blue |
There’s a lot wrong with top-level football: VAR, diving, ticket prices... the list goes on. But one of the most frustrating things is how journalists force transfer speculation into almost every article or match report. It shows a complete lack of respect for smaller clubs, as if any player who does something remotely positive is destined to leave for a top six team at the first opportunity.
The Delap nonsense, which started all the way back in October, is a prime example. Articles like this, with that constant transfer angle lurking underneath are relentless.
Sure, transfer talk gets a few clicks, but it’s seriously tiring. Instead of writing “this will have been noted by managers and sporting directors,” why not say “this will please the Ipswich hierarchy, who hope he’ll play a key role next season”?
It’s a match report for goodness sake! | | | |
| Hmm, The Athletic framing Omari’s performance on 10:39 - Jun 13 with 1737 views | _clive_baker_ |
| Hmm, The Athletic framing Omari’s performance on 10:30 - Jun 13 by tractorboy1978 |
Yes, totally agree re Johnson. He'd be a very decent player at Championship level but wouldn't be one we miss. I'm not even sure where he fits in next season given McKenna doesn't seem to like him in that hybrid RB role and we aren't going to be playing with a defensively minded right winger 90% of the time.
On IAS 36 - so subjective and hard to assess that practically impairments won't be recognised I would imagine. The club won't want to recognise one and the auditors can't prove that a mad Turkish club won't offer us £10m for Muric tomorrow! |
Yeah, agreed. I imagine any suggestion of it could be pushed back on. Muric is a good age, an International keeper, and played X number of games last season. I'm sure we could argue it was injury that kept him out rather than form.
Agree on Johnson too, maybe that's one where Tuanzebe's decision might influence what we do with him. If Axel signs a new deal perhaps we'll feel more inclined to move him on. |  | | |
| Hmm, The Athletic framing Omari’s performance on 10:42 - Jun 13 with 1694 views | southnorfolkblue |
| Hmm, The Athletic framing Omari’s performance on 10:21 - Jun 13 by tonybied |
I think it'll be Doak we're back in for if Hutch leaves. |
Doak or Fellows would make sense for me. We like to play with an out and out RW and my worry is that both our preferred options (Burns and Ogbene) have suffered major injuries and there’s no guarantee that they’ll have the same pace after such serious injuries | |
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| Hmm, The Athletic framing Omari’s performance on 10:52 - Jun 13 with 1645 views | homer_123 |
| Hmm, The Athletic framing Omari’s performance on 10:02 - Jun 13 by cvillageblue |
I agree. But he is playing againt Czechia u21s
Not exactly the type of team analysts would use to decide whether he is worth his 35m release clause. |
Whilst true. He was the one that looked most at ease in that match.
Difference when he went off was noticeable. |  |
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| Hmm, The Athletic framing Omari’s performance on 11:16 - Jun 13 with 1553 views | TRUE_BLUE123 |
| Hmm, The Athletic framing Omari’s performance on 10:42 - Jun 13 by southnorfolkblue |
Doak or Fellows would make sense for me. We like to play with an out and out RW and my worry is that both our preferred options (Burns and Ogbene) have suffered major injuries and there’s no guarantee that they’ll have the same pace after such serious injuries |
Doak has had some premier league interest I believe but clearly one we like.
Fellows would be great fun. Stepover machine. |  |
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| Hmm, The Athletic framing Omari’s performance on 11:32 - Jun 13 with 1480 views | chicoazul |
| Hmm, The Athletic framing Omari’s performance on 09:40 - Jun 13 by Kieran_Knows |
Keep. At. All. Costs. |
Look at it this way; when him and Delap are leading the line for England at our glorious 2028 triumph it’ll be another thing we can rub in the Budgies’ faces. |  |
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| Hmm, The Athletic framing Omari’s performance on 11:59 - Jun 13 with 1384 views | JeremiahBrown |
| Hmm, The Athletic framing Omari’s performance on 09:41 - Jun 13 by portmanking |
We won't have a choice if someone hits his release clause! |
Unless he wants to stay. | | | |
| Hmm, The Athletic framing Omari’s performance on 12:26 - Jun 13 with 1330 views | MattinLondon |
| Hmm, The Athletic framing Omari’s performance on 10:06 - Jun 13 by TractorJack |
I think a prem team is bound to take a punt. The only saving grace is that we have JP with possibly just as much potential. |
The other saving Grace being that the club can point to both Omari and Liam Delap as massive success stories to other young and talented players. Come here, put in the hard work and the footballing world may well be at your feet. |  | | |
| Hmm, The Athletic framing Omari’s performance on 12:38 - Jun 13 with 1272 views | Chris_ITFC |
He’s starting in that U21s team, made up mostly of Premier League players.
He’s one of the most promising England attacking players. He’s bound to have interest, and probably from teams who are solidly Premier League (rather than ones we could swap places with next season). |  |
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| Hmm, The Athletic framing Omari’s performance on 12:49 - Jun 13 with 1238 views | mellowblue |
| Hmm, The Athletic framing Omari’s performance on 09:43 - Jun 13 by Kieran_Knows |
Do you think someone triggers it? All in one hit?
As you keep seeing in football now, most teams pay over odds when it comes to release clauses so they can stage the payments over a number of years (how most transfer fees operate).
So we either get £35m in one hit - which I don't think anyone pays. Or, we get £40-£45m based upon a normal transfer. |
does it really matter, whoever will be bought to replace him will be amortized over the course of his contract anyway. As with Delap sale, 40-45m would be nice nut unlikely. | | | |
| Hmm, The Athletic framing Omari’s performance on 12:53 - Jun 13 with 1211 views | Kieran_Knows |
| Hmm, The Athletic framing Omari’s performance on 12:49 - Jun 13 by mellowblue |
does it really matter, whoever will be bought to replace him will be amortized over the course of his contract anyway. As with Delap sale, 40-45m would be nice nut unlikely. |
Well Town will just point to the £35m release clause as the figure required, and will only negotiate on it if the terms are in our favour - ala, we get more money but over a longer period of time, or most of the £35m upfront, with a small percentage a year down the line (similar to how the Delap deal ended up being structured).
The point of the £40m figure is that teams pay over the odds when it comes to release clauses so they don't have to pay it one hit. Zubimendi has just joined Arsenal for £60m, as apposed to them triggering his £54m release clause just so they can pay the higher figure over 4-5 years instead of one hit. |  |
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| Hmm, The Athletic framing Omari’s performance on 13:39 - Jun 13 with 1079 views | Vic |
| Hmm, The Athletic framing Omari’s performance on 09:34 - Jun 13 by portmanking |
I think he's a goner if he carries on playing like that. £35m will be a snip for a Forest or a Brighton.
Nevertheless, £65m in the bank (on the P&L sheet) and we keep everyone else... we'd probably take that, no? I know we've been talking to Kwame Poku's agent for the best part of a year, I wonder if he comes into the equation if we can sell Omari early enough? |
Plus a bit of parachute? I've got £40m in my mind for some reason
Gives us almost as much as we spent last summer. Healthy - but no guarantee!
Hang on - revise that down to take Chelsea and Man citys cuts in the transfers. [Post edited 13 Jun 13:43]
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| Hmm, The Athletic framing Omari’s performance on 14:21 - Jun 13 with 981 views | Joey_Joe_Joe_Junior |
I started a thread in early May regarding this but a lot of people said no way clubs would pay 35M, he’s too raw, brushed off the ball and hasn’t got the end product yet, which surprised me there was so much split opinion.
Of course he’s going to continue to develop at 21 but I don’t really have him the too raw category at all. Hope he’s still here. |  | | |
| Hmm, The Athletic framing Omari’s performance on 14:32 - Jun 13 with 941 views | The_Flashing_Smile |
| Hmm, The Athletic framing Omari’s performance on 14:21 - Jun 13 by Joey_Joe_Joe_Junior |
I started a thread in early May regarding this but a lot of people said no way clubs would pay 35M, he’s too raw, brushed off the ball and hasn’t got the end product yet, which surprised me there was so much split opinion.
Of course he’s going to continue to develop at 21 but I don’t really have him the too raw category at all. Hope he’s still here. |
No, he was raw when we first got him but he's moved up from raw to fairly inexperienced. Delap's raw. |  |
| Trust the process. Trust Phil. |
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| Hmm, The Athletic framing Omari’s performance on 14:39 - Jun 13 with 916 views | RonFearonsHair |
| Hmm, The Athletic framing Omari’s performance on 10:01 - Jun 13 by BseaBlue |
It seems crazy that within this thread we are discussing whether £35million quid is enough/worth it for one of our players! You'd never have thought this possible a few years ago. Goes to show that KM has really changed the fortunes of the whole club by taking us to the Prem.
Personally, I think we will be very lucky to find someone as effective if we sell him but you can only hope that between Delap and Hutch, it might be a Dyer situation where we have enough behind us to strengthen significantly. |
When Harry Clarke first signed I thought getting 2 or 3 million quid for him from a side towards the top end of the Championship would be a good demonstration of the model working. The numbers casually being bandied about now still seem incredible. |  | | |
| Hmm, The Athletic framing Omari’s performance on 14:55 - Jun 13 with 868 views | baxterbasics |
Will break the heart if he goes, but at £35M that's handy money and profit for ITFC. Would then be important to hang onto our other AMs, at least two of whom are Championship final-boss level. |  |
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| Hmm, The Athletic framing Omari’s performance on 18:27 - Jun 13 with 679 views | Denny32 |
Offer him enough of money and he will stay..cash is king .. | | | |
| Hmm, The Athletic framing Omari’s performance on 07:51 - Jun 14 with 498 views | TractorWood |
| Hmm, The Athletic framing Omari’s performance on 10:18 - Jun 13 by _clive_baker_ |
I make that about right. If we got £35m for Omari and Chelsea have a 20% of profit clause we would presumably net somewhere in the region of £12m - £15m on him.
The other factor is the wage bill, I'd imagine Omari and Delap were up there among the higher earners. I think Ben Johnson might be an attractive trade if we can get some money for him, he signed on a free so would deliver some PSR upside, and no doubt his wages are high.
I'd be interested to know how auditors approach IAS 36 impairment of intangible assets when it comes to football / players. Its quite a niche industry and I'm not sure how its tested in the real world.
Presumably there's an argument in a couple of instances for impairment losses. Ogbene perhaps given his significant injury, Muric's loss of form. Presumably very subjective and difficult to quantify. |
Our stats are under FRS102 not IFRS so IAS36 is not the standard.
I'd assume in reality they just release an equal spread of the contract over the contract term. [Post edited 14 Jun 8:31]
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| Hmm, The Athletic framing Omari’s performance on 07:57 - Jun 14 with 494 views | NedPlimpton |
| Hmm, The Athletic framing Omari’s performance on 18:27 - Jun 13 by Denny32 |
Offer him enough of money and he will stay..cash is king .. |
Sure, until a PL team meets his release clause and offers him more
Let's be honest, if a PL team comes in for him he's off |  | | |
| Hmm, The Athletic framing Omari’s performance on 08:21 - Jun 14 with 463 views | StokieBlue |
| Hmm, The Athletic framing Omari’s performance on 18:27 - Jun 13 by Denny32 |
Offer him enough of money and he will stay..cash is king .. |
That's a really weird take.
SB |  | | |
| Hmm, The Athletic framing Omari’s performance on 08:31 - Jun 14 with 447 views | IpswichTom |
| Hmm, The Athletic framing Omari’s performance on 09:27 - Jun 13 by SitfcB |
If you’re on an iPhone then hit reader mode before it loads and you can read the article. Works for most paywall sites.
Other phone makes I’m not so sure if it has that setting etc. |
Thanks for this !! | | | |
| Hmm, The Athletic framing Omari’s performance on 08:52 - Jun 14 with 408 views | Wallingford_Boy |
He’s gone, 100%, I don’t think anyone thought he’d stay. |  |
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| Hmm, The Athletic framing Omari’s performance on 09:05 - Jun 14 with 371 views | _clive_baker_ |
| Hmm, The Athletic framing Omari’s performance on 07:51 - Jun 14 by TractorWood |
Our stats are under FRS102 not IFRS so IAS36 is not the standard.
I'd assume in reality they just release an equal spread of the contract over the contract term. [Post edited 14 Jun 8:31]
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It’s not so much about our stats though. PSR regulation sits outside of that and are calculated based on various adjustments. They’re based on a rolling 3 year period for a start.
They do amortise the transfer fee over the length of the contract, but there needs to be some mechanism to test the carrying value of the assets is reasonable. The asset isn’t the player per se, it’s their contract or effectively ‘usage rights’ of ownership (ROU). That’s obviously hard to do when it’s so subjective but theoretically there could be an argument for impairment in some cases. Unlikely with any of our additions I’d imagine. | | | |
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