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Post by aaronaldo on Apr 14, 2024 9:36:54 GMT
Didn’t we pay for REG as well? Not likely much ofc
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Post by Mundell on Apr 14, 2024 9:37:34 GMT
See my post above this one. You’re right in most respects but there is some relevant information in the post statement notes. In addition to the information on transfer fees received and paid we know that GFP provided £8.9m of additional funding, for example. Plus £12m buying the club?. Yes. This is what I said on the relevant thread. “Finally, post the year end GFP have provided additional cash injections of £8.9m. Based on an assumed purchase price of circa £12m, this means they're already £20m in and counting. This game is not for the faint hearted, though GFP might be encouraged by the fact the owners of Ipswich Town have just (or already, depending on your perspective) sold a stake in the club to a new investor, which values the club at £260m. That gives some indication of the potential upside. The Americans can smell profit. The good news is that they can only achieve stellar returns if the club wins football matches. Interests are aligned.” |
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Post by kings hill addick on Apr 15, 2024 0:25:09 GMT
Mundell From what I read at the time, Derby County paid a fee of £300,000 for CBT, and we paid a nominal fee of £75,000 for Edun. Both of these figures were taken from the buying and selling clubs social media accounts at the time, not ours. I think Dean Holden separately revealed that we had paid £180,000 for Alfie May, which sounds about right given his age and the fact he came from Cheltenham Town. We now know from Rich Cawley that Connor Coventry was a free transfer. Thierry Small was a free agent. I don’t recall fees being mentioned/ paid for anyone else. Thanks. Interesting. I’m sure the numbers in the accounts will be right though so the money must have come from and gone somewhere. I think we may have paid a fee for Terry Taylor? Did we pay anything for Edmonds Green and/or Gillesphey? The sales are a puzzle, unless they’ve included loan fees in that total? Could some of the income come from previous sales that had some kind of add on that was triggered? |
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Post by weststandfruitloop on Apr 15, 2024 3:36:47 GMT
Could some of the income come from previous sales that had some kind of add on that was triggered? Those post year-end figures are specifically for disposals and transfers. Add-ons for existing players are covered elsewhere. 367k is potentially due out in extra payments for players (re appearances, international debuts and/or promotion) whilst 200k is potentially due in as add-ons for players we've sold. |
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Post by weststandfruitloop on Apr 15, 2024 3:45:42 GMT
Didn’t we pay for REG as well? Not likely much ofc Ramsay was supposedly 100k too. Obviously these fees are all pretty small, but it doesn't take many of them to add up to 630k. |
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Post by weststandfruitloop on Apr 15, 2024 4:13:37 GMT
Players that we likely paid a fee for (totalling 630k in the accounts) since July:
Alfie May: 250k (South London Press reported fee)
Terry Taylor: 150k (SLP reported fee)
Kayne Ramsay: ?? (“a significant fee” said Harrogate’s manager, 100k rumoured by CL posters)
Macauley Gillesphey: ?? (“a six figure fee” said Plymouth’s local paper)
Tayo Edun: ?? (“the majority of the deal is understood to be sell-on clauses and add-ons” said Blackburn’s local paper)
Rarmani Edmonds-Green: ?? (undisclosed, no visible rumours)
Quite easy to see how it adds up to 630k or so given the above.
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Post by Mundell on Apr 15, 2024 12:07:06 GMT
Players that we likely paid a fee for (totalling 630k in the accounts) since July: Alfie May: 250k (South London Press reported fee) Terry Taylor: 150k (SLP reported fee) Kayne Ramsay: ?? (“a significant fee” said Harrogate’s manager, 100k rumoured by CL posters) Macauley Gillesphey: ?? (“a six figure fee” said Plymouth’s local paper) Tayo Edun: ?? (“the majority of the deal is understood to be sell-on clauses and add-ons” said Blackburn’s local paper) Rarmani Edmonds-Green: ?? (undisclosed, no visible rumours) Quite easy to see how it adds up to 630k or so given the above. Thanks weststandfruitloop That’s a helpful summary and it confirms that the £630k of transfer spend is relatively easy to account for and hence believable. The £843k of transfer income received is harder to explain. Other than Corey Blackett Taylor, who have we sold and received a fee for since end June 2023? Wollacott, Lavelle, Egbo and Elerewe are the players who’ve moved on while under contract, but did we receive a fee for any of them? Doesn’t seem that likely. As kings hill addick has suggested, perhaps we’ve received transfer income in respect of players previously sold. Who though? As I suggested above, it’s possible, even though it’s not made clear, that the £843k includes loan fees received. If so though this would almost certainly be “left pocket, right pocket” accounting where we’ve continued to pay wages and received a partial compensation from the borrowing club? Might this apply with Charlie Kirk too? If there’s anything in this then the £843k figure is gross income with the net income lower and perhaps much lower. In turn, this might well mean that GFP have spent more money on transfers than they’ve received? Rick Everitt appears to be so desperate to find a negative (no matter how minor) while ignoring the positives (we know GFP have invested £8.9m, and counting, above and beyond the purchase price), that he is failing to look before he leaps. Not only is his curious agenda obvious, but he’s in danger of losing his reputation as a reliable source of “factual” information. |
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Post by Occam’s Razor on Apr 15, 2024 12:16:56 GMT
Setting aside Rick Everitt for a minute, he’s a convenient human shield for certain people absolutely determined to be proved right that Methven & Scott are somehow a good thing for this club.
It’s truly bizarre, particularly when you seen the same people never show an ounce of passion for the manager, the players, the results or even the investors.
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Post by weststandfruitloop on Apr 15, 2024 13:36:40 GMT
The £843k of transfer income received is harder to explain. Other than Corey Blackett Taylor, who have we sold and received a fee for since end June 2023? Wollacott, Lavelle, Egbo and Elerewe are the players who’ve moved on while under contract, but did we receive a fee for any of them? Doesn’t seem that likely. As you say the contracted players shipped out since July don't represent big numbers: Corey Blackett-Taylor (rumoured £350k-£400k 'loan fee' from Derby) Deji Elerewe ("an undisclosed fee with sell-on clauses" said CAFC) Jojo Wollacott (undisclosed fee) Sam Lavelle (undisclosed fee) Mandela Egbo (undisclosed fee) That 843k figure is specifically 'income from disposal of player registrations' so I doubt that loan fees (which is a temporary registration switch rather than a disposal) would be included. In the case of CBT maybe there is some weird but legal trick being used that means it is (the 'loan fee' is actually a delayed purchase within the 2024-25 rather than 2023-24 accounting period, say). Presumably Dobson's February move to Hungary was aborted early enough for any agreed loan fee not to have been included in the figures anyway. It's hard to make a case for 843k even with the delayed CBT and cancelled Dobson money, but impossible without. Unless some other things count as 'income from disposal of player registrations' - for example, certain add-ons when we originally signed that player (eg an extra 100k to the selling club if Player X stays with us for three years or receives an international cap whilst with us) which were included as future commitments in the accounts but we now are absolved of by releasing/selling said player? Our incoming transfers are largely loaded towards add-ons rather than upfront fees these days, so this may well be the case perhaps? |
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