| How the hell does the Harrison deal work? 10:32 - Aug 2 with 910 views | Wacko |
Does it mean we essentially got him for free to start with? i.e. didn't complete any deferred payments |  |
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| How the hell does the Harrison deal work? on 10:35 - Aug 2 with 873 views | itfcjoe |
We paid £750k, 5 installments of £150k.
We had made 2 installments, probably due another one this summer so still owed £450k, he goes to Pompey and they pick up the liability for the last 3 payments |  |
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| If the figures are correct then we paid.... on 10:36 - Aug 2 with 858 views | Bloots |
….£300K to Bristol up front with an agreement that we'd pay £450K this summer.
We didn't have the money to pay them, so we sold him and gave all the fee to Bristol to pay off the balance.
Remarkable stuff. |  |
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| How the hell does the Harrison deal work? on 10:37 - Aug 2 with 835 views | WarkTheWarkITFC |
| How the hell does the Harrison deal work? on 10:35 - Aug 2 by itfcjoe |
We paid £750k, 5 installments of £150k.
We had made 2 installments, probably due another one this summer so still owed £450k, he goes to Pompey and they pick up the liability for the last 3 payments |
So you'd assume the payments are what?
£150k - Summer 2018
£150k - Winter 2018
£150k - Summer 2019
£150k - Winter 2019
£150k - Summer 2020
So the last three were due, which is why we asked for £450k, as it covered what we due.
So Harrison was effectively a £300k loan for a season in the Championship, which isn't really a bad financial deal for a player viewed as a starter. It's just that he was injured, scored once and we were rubbish.
Very odd deal for Bristol Rovers though. | |
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| If the figures are correct then we paid.... on 10:39 - Aug 2 with 810 views | J2BLUE |
| If the figures are correct then we paid.... on 10:36 - Aug 2 by Bloots |
….£300K to Bristol up front with an agreement that we'd pay £450K this summer.
We didn't have the money to pay them, so we sold him and gave all the fee to Bristol to pay off the balance.
Remarkable stuff. |
So to sum up, we sold a striker who was very good in league one to one of our automatic promotion rivals because we didn't want to pay the £450k needed to complete the deal?
It's almost funny really. |  |
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| How the hell does the Harrison deal work? on 10:40 - Aug 2 with 789 views | itfcjoe |
| How the hell does the Harrison deal work? on 10:37 - Aug 2 by WarkTheWarkITFC |
So you'd assume the payments are what?
£150k - Summer 2018
£150k - Winter 2018
£150k - Summer 2019
£150k - Winter 2019
£150k - Summer 2020
So the last three were due, which is why we asked for £450k, as it covered what we due.
So Harrison was effectively a £300k loan for a season in the Championship, which isn't really a bad financial deal for a player viewed as a starter. It's just that he was injured, scored once and we were rubbish.
Very odd deal for Bristol Rovers though. |
Something like that no doubt.
I don't understand why it is an odd deal for Bristol Rovers? They would structure any of their deals accordingly as the money is guaranteed as football creditors | |
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| How the hell does the Harrison deal work? on 10:40 - Aug 2 with 786 views | Wacko |
| How the hell does the Harrison deal work? on 10:35 - Aug 2 by itfcjoe |
We paid £750k, 5 installments of £150k.
We had made 2 installments, probably due another one this summer so still owed £450k, he goes to Pompey and they pick up the liability for the last 3 payments |
Makes sense thanks | |
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| If the figures are correct then we paid.... on 10:41 - Aug 2 with 786 views | JammyDodgerrr |
| If the figures are correct then we paid.... on 10:36 - Aug 2 by Bloots |
….£300K to Bristol up front with an agreement that we'd pay £450K this summer.
We didn't have the money to pay them, so we sold him and gave all the fee to Bristol to pay off the balance.
Remarkable stuff. |
I'd argue we would have the money to pay them(otherwise we wouldn't have signed him) then Portsmouth came in with an offer and Lambert just didn't rate Harrison(we already knew this from the back end of the season) so it suited us to let him go. |  |
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| If the figures are correct then we paid.... on 10:41 - Aug 2 with 774 views | WarkTheWarkITFC |
| If the figures are correct then we paid.... on 10:39 - Aug 2 by J2BLUE |
So to sum up, we sold a striker who was very good in league one to one of our automatic promotion rivals because we didn't want to pay the £450k needed to complete the deal?
It's almost funny really. |
At that point we were essentially deciding not to buy Harrison for £450,000.
Which makes sense really, because with Norwood and Jackson, would you want us to pay £450,000 for a player that scored 13 goals in League One two years ago and couldn't cut it in the Championship?
That would be a lot of money for us. So effectively the business decision was let Harrison leave or pay close to half a million for him to possibly not start for us. | |
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| If the figures are correct then we paid.... on 10:42 - Aug 2 with 752 views | Wacko |
| If the figures are correct then we paid.... on 10:39 - Aug 2 by J2BLUE |
So to sum up, we sold a striker who was very good in league one to one of our automatic promotion rivals because we didn't want to pay the £450k needed to complete the deal?
It's almost funny really. |
But wouldn't it have only been £150k for now? And like you say, kept a proven L1 striker... | |
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| How the hell does the Harrison deal work? on 10:44 - Aug 2 with 717 views | WarkTheWarkITFC |
| How the hell does the Harrison deal work? on 10:40 - Aug 2 by itfcjoe |
Something like that no doubt.
I don't understand why it is an odd deal for Bristol Rovers? They would structure any of their deals accordingly as the money is guaranteed as football creditors |
Of course.
I just meant to lose one of their best players for £150,000 up front doesn't help them a lot, unless of course they have money in the bank that they will just spend against the guaranteed future revenue.
What you can probably help me understand is how it is guaranteed, as would it not have been the same with Doidge being loaned to Bolton, who then didn't pay for him? Or is it purely only permanent transfers? | |
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| If the figures are correct then we paid.... on 10:49 - Aug 2 with 660 views | Wacko |
| If the figures are correct then we paid.... on 10:41 - Aug 2 by JammyDodgerrr |
I'd argue we would have the money to pay them(otherwise we wouldn't have signed him) then Portsmouth came in with an offer and Lambert just didn't rate Harrison(we already knew this from the back end of the season) so it suited us to let him go. |
So if this is true then we must still have the £450k that was put aside for Harrison as Portsmouth have paid it instead. Negates Lambert's point... | |
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| If the figures are correct then we paid.... on 10:51 - Aug 2 with 630 views | WarkTheWarkITFC |
| If the figures are correct then we paid.... on 10:49 - Aug 2 by Wacko |
So if this is true then we must still have the £450k that was put aside for Harrison as Portsmouth have paid it instead. Negates Lambert's point... |
Exactly.
It was all budgeted for. Evans would have known we had to pay £300k this season and £150k at the start of next for Harrison.
So getting let off the hook for that means, that money is still around somewhere.
Again, comes back to Evans attitude, like the money we've had for sell ons.
Does he see that as £450k extra he doesn't need to find or does he see that as a player Lambert doesn't fancy off the books and that £450k available to find one he does.
Sadly, we can probably guess. | |
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| How the hell does the Harrison deal work? on 10:54 - Aug 2 with 600 views | itfcjoe |
| How the hell does the Harrison deal work? on 10:44 - Aug 2 by WarkTheWarkITFC |
Of course.
I just meant to lose one of their best players for £150,000 up front doesn't help them a lot, unless of course they have money in the bank that they will just spend against the guaranteed future revenue.
What you can probably help me understand is how it is guaranteed, as would it not have been the same with Doidge being loaned to Bolton, who then didn't pay for him? Or is it purely only permanent transfers? |
This is one of major issues with that Bolton thing - that football creditors take priority over everything for integrity of competition and by not paying their debts it has ballsed everything up.
I'd have expected to see the EFL step in and make these peyments, or it will be part of the commitment a new owner has to make. They can't just be rolled into admin and 5p in the £, they have to be paid in full. | |
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| If the figures are correct then we paid.... on 10:54 - Aug 2 with 598 views | Wacko |
| If the figures are correct then we paid.... on 10:51 - Aug 2 by WarkTheWarkITFC |
Exactly.
It was all budgeted for. Evans would have known we had to pay £300k this season and £150k at the start of next for Harrison.
So getting let off the hook for that means, that money is still around somewhere.
Again, comes back to Evans attitude, like the money we've had for sell ons.
Does he see that as £450k extra he doesn't need to find or does he see that as a player Lambert doesn't fancy off the books and that £450k available to find one he does.
Sadly, we can probably guess. |
The only other answer is that it got lost in amongst the relegation costs | |
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| If the figures are correct then we paid.... on 10:55 - Aug 2 with 587 views | JammyDodgerrr |
| If the figures are correct then we paid.... on 10:51 - Aug 2 by WarkTheWarkITFC |
Exactly.
It was all budgeted for. Evans would have known we had to pay £300k this season and £150k at the start of next for Harrison.
So getting let off the hook for that means, that money is still around somewhere.
Again, comes back to Evans attitude, like the money we've had for sell ons.
Does he see that as £450k extra he doesn't need to find or does he see that as a player Lambert doesn't fancy off the books and that £450k available to find one he does.
Sadly, we can probably guess. |
It's always the first point because of how much in the red we are, unfortunately. And he would've already stipulated to Lambert there would be no money for transfers, prior to this. | |
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| How the hell does the Harrison deal work? on 10:55 - Aug 2 with 581 views | WarkTheWarkITFC |
| How the hell does the Harrison deal work? on 10:54 - Aug 2 by itfcjoe |
This is one of major issues with that Bolton thing - that football creditors take priority over everything for integrity of competition and by not paying their debts it has ballsed everything up.
I'd have expected to see the EFL step in and make these peyments, or it will be part of the commitment a new owner has to make. They can't just be rolled into admin and 5p in the £, they have to be paid in full. |
Is it right that in such situations the directors of these clubs can be paid in full when it is their mess, whilst local business gets 5p in the £? | |
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