Popular Post StanSP Posted 8 July Popular Post Share Posted 8 July 23 minutes ago, coolhandfox said: 50m Only two players from the Scottish League have gone for over 20m in history.... Jon Rudkin: challenge accepted! 1 7 Link to comment Share on other sites More sharing options...
KP Fox Posted 10 July Share Posted 10 July On 07/07/2024 at 00:56, HankMarvin said: HOT PROPERTY Major Celtic hero Matt O’Riley transfer update as second Premier League side launch big money bid to replace £30m star They think he could be a like-for-like replacement for one of their biggest stars https://www.thescottishsun.co.uk/sport/13087064/celtic-matt-oriley-transfer-leicester-southampton-atletico-fee/ Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? 1 Link to comment Share on other sites More sharing options...
Dahnsouff Posted 10 July Share Posted 10 July Just now, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? We won't be buying him for 50m, it is just rage inducing click bait. Link to comment Share on other sites More sharing options...
ClaphamFox Posted 10 July Share Posted 10 July 15 minutes ago, Dahnsouff said: We won't be buying him for 50m, it is just rage inducing click bait. Also, we had to sell KDH before 30 June to avoid another PSR breach. We're now in a different accounting period. Judging from our reported interest in O'Riley and Soule, the club has decided we can afford to spend £20m+ on an attacking midfielder this summer. 2 Link to comment Share on other sites More sharing options...
CrispinLA in Texas Posted 10 July Share Posted 10 July Massive profit for Celtic, they bought him for only 1.5m afew seasons ago Link to comment Share on other sites More sharing options...
Dahnsouff Posted 10 July Share Posted 10 July 14 minutes ago, ClaphamFox said: Also, we had to sell KDH before 30 June to avoid another PSR breach. We're now in a different accounting period. Judging from our reported interest in O'Riley and Soule, the club has decided we can afford to spend £20m+ on an attacking midfielder this summer. Yes, I agree with that, but not that any of the names we are linked with are worth us spending 50m on. Link to comment Share on other sites More sharing options...
ALC Fox Posted 10 July Share Posted 10 July 1 hour ago, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? 51 minutes ago, ClaphamFox said: Also, we had to sell KDH before 30 June to avoid another PSR breach. We're now in a different accounting period. Judging from our reported interest in O'Riley and Soule, the club has decided we can afford to spend £20m+ on an attacking midfielder this summer. Also the £30m received goes onto a single year's accounting period. However, purchases are spread out over the course of the player's contract (up to 5 years) in the accounts. So, potentially, if we did something daft like buy a player for £50m then KDH's sale is £30m received in 2023/24 (because of when he was sold) and the £50m player potentially costs us £10m minimum in 2024/25. So it's feasible providing other outgoings mean we don't breach PSR. 1 Link to comment Share on other sites More sharing options...
Grebfromgrebland Posted 10 July Share Posted 10 July 1 hour ago, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? If I've learned one thing on this forum its all about amortisation. 3 Link to comment Share on other sites More sharing options...
Iwebema Posted 10 July Share Posted 10 July 1 hour ago, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? The PSR rules work in accounting periods, so KDH was for last year and we are now in a new year. Also I don't really understand why they do it this way, but the selling club gets to record the sale as lump sum (minus any you owe on a player) where as the buying club get to record the spend across a 5 year period. So we record 30 million for the books selling kdh, but buying O'Reily for 30 million would be recorded as 6 million per year for the 5 years. If it was in the same accounting period you would reflect that you are 24 million in profit for the year despite the total outlay being the same. This is what this amortisation everyone has been talking about is. Link to comment Share on other sites More sharing options...
Claridge Posted 10 July Share Posted 10 July 1 minute ago, Iwebema said: The PSR rules work in accounting periods, so KDH was for last year and we are now in a new year. Also I don't really understand why they do it this way, but the selling club gets to record the sale as lump sum (minus any you owe on a player) where as the buying club get to record the spend across a 5 year period. So we record 30 million for the books selling kdh, but buying O'Reily for 30 million would be recorded as 6 million per year for the 5 years. If it was in the same accounting period you would reflect that you are 24 million in profit for the year despite the total outlay being the same. This is what this amortisation everyone has been talking about is. BECAUSE IT'S RUBBISH Link to comment Share on other sites More sharing options...
stu Posted 11 July Share Posted 11 July 1 Link to comment Share on other sites More sharing options...
Popular Post Stadt Posted 11 July Popular Post Share Posted 11 July 1 minute ago, stu said: Not all that surprising that our old mate Mongerton is all over it. 3 3 Link to comment Share on other sites More sharing options...
honeybradger Posted 11 July Share Posted 11 July Just now, Stadt said: Not all that surprising that our old mate Mongerton is all over it. Congerton left Atalanta a while ago. Link to comment Share on other sites More sharing options...
StanSP Posted 11 July Share Posted 11 July O'Riley to Atalanta Koopmeiners to Juve Soule to Leicester Link to comment Share on other sites More sharing options...
StriderHiryu Posted 11 July Share Posted 11 July 7 minutes ago, StanSP said: O'Riley to Atalanta Koopmeiners to Juve Soule to Leicester Replace Leicester with Fulham and you’re spot on 2 Link to comment Share on other sites More sharing options...
Popular Post Finnegan Posted 11 July Popular Post Share Posted 11 July 24 minutes ago, StanSP said: O'Riley to Atalanta Koopmeiners to Juve Soule to Leicester 15 minutes ago, StriderHiryu said: Replace Leicester with Fulham and you’re spot on O'Riley to Atalanta Koopmeiners to Juve Soule to Fulham Cordova Reid to Leicester 1 17 Link to comment Share on other sites More sharing options...
Popular Post EnderbyFox Posted 11 July Popular Post Share Posted 11 July 12 minutes ago, Finnegan said: O'Riley to Atalanta Koopmeiners to Juve Soule to Fulham Cordova Reid to Leicester 1 5 Link to comment Share on other sites More sharing options...
moore_94 Posted 11 July Share Posted 11 July 33 minutes ago, StriderHiryu said: Replace Leicester with Fulham and you’re spot on Have they been linked with Soulé? Fulham are after Smith-Rowe Link to comment Share on other sites More sharing options...
FoxinNotts Posted 11 July Share Posted 11 July 2 hours ago, stu said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight Link to comment Share on other sites More sharing options...
Edingleyfox Posted 11 July Share Posted 11 July 1 minute ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight If £20m plus add-ons is the figure this would seem much less of a gamble than Soule at the same sort of price and more of a direct KDH replacement. I'm worried that we only have 2 established premiership central midfielders and at the moment nobody that adds goals on a regular basis. 1 Link to comment Share on other sites More sharing options...
LestaLad Posted 11 July Share Posted 11 July 38 minutes ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight Bloody hell that’s criminal if that’s all it takes and we aren’t all over it. Link to comment Share on other sites More sharing options...
Dr The Singh Posted 11 July Share Posted 11 July 1 minute ago, LestaLad said: Bloody hell that’s criminal if that’s all it takes and we aren’t all over it. Rudkin is busy trying to convince Danny Ward to stay with a 10 year and 10 metres extension to his house. Plus he only does deals with fax, Celtic dont have one Link to comment Share on other sites More sharing options...
westernpark Posted 11 July Share Posted 11 July If we don’t end up shifting a centre back after re-signing Vestegaard and signing Okoli, I’ll be very annoyed we don’t spend money on O’Riley. Link to comment Share on other sites More sharing options...
Bob Weasel Fox Posted 11 July Share Posted 11 July 1 hour ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight Ward is more like a dead weight but I like your thinking . . . 2 Link to comment Share on other sites More sharing options...
gurru991 Posted 11 July Share Posted 11 July 1 hour ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight Oh Man. ... That got me all excited . Danny Ward to Celtic. That's what dreams are made of !! 2 Link to comment Share on other sites More sharing options...
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