CONFIMRED: Sone Aluko

258 posts
User avatar
genome
Hob Nob Legend
Posts: 25180
Joined: 08 Jul 2012 13:29
Location: Universe

Re: Rumour: Sone Aluko

by genome » 30 Aug 2017 08:58

genome Did we get something for Gylfi then?


Probably calculating this wrong but my workings are showing we should've got £1,125,000 from the Gylfi sale to Everton

User avatar
Sutekh
Hob Nob Super-Addict
Posts: 18386
Joined: 12 Feb 2014 14:05
Location: Undiscovered pyramid somewhere in Egypt

Re: Rumour: Sone Aluko

by Sutekh » 30 Aug 2017 08:58

Linden Jones' Tash
Sutekh But is he better than McCleary or Barrow? Will he have to wait for an injury to one of those two?

And could Reading field 11 wingers yet?


He's the best male member of the Aluko family....


That's actually debatable depending on how you want to classify "best". His uncle is professor of Chemical Engineering at Howard University in Washington

Additionally he may not even be the best footballer in his family as his sister, Eniola, plays for Chelsea and England.

User avatar
The Reverend
Member
Posts: 251
Joined: 07 Nov 2007 10:41

Re: Rumour: Sone Aluko

by The Reverend » 30 Aug 2017 08:59

genome
RoyalBlue I guess this demonstrates that Financial Fair Play is finally dead and buried? - not that it ever existed for 'big' clubs like QPR who seemed to be allowed to breach the regulations at will and without effective sanction.


It depends how the deals are structured. I doubt we're paying out £7.5m in one lump sum, I expect it's spread over the life of his contract and incentivised, so we won't be making significant losses due to this transfer. It's just another way clubs can skirt round it. Most Championship clubs will be doing it though. And given PSG are making a mockery of FFP with the Mbappe loan/buy deal, they seriously need to go and have a re-think about the whole thing.


I think I read (after Neymar to PSG) that the fee can be spread across the term of the contract - so Sone will impact the FFP rules by <£2M. Lots less if the deal's structured and we don't incur the extras via promotion etc

muirinho
Hob Nob Regular
Posts: 2075
Joined: 20 Jan 2016 12:10

Re: Rumour: Sone Aluko

by muirinho » 30 Aug 2017 09:03

Winston Biscuit current age doesn't matter, the rule is to compensate the developing clubs throughout the players career via transfer fees.

I am confused at some of the detail though. Was just reading on the old Solidarity Mechanism before it was updated and it said that one prominent case was Robbie Keane moving from Leeds to Spurs. When it happened Crumlin United in Ireland were due money as he was there as a schoolboy. A year afterwards it was challenged and overturned and they had to give the money back.


My understanding is they fought for, and got, the money when he moved from Leeds to Spurs. But after that they changed the rules, so when he went from Spurs to Liverpool, they got none of that. The reason is the same reason we wouldn't anything for Gylfi unless he transfers abroad!

http://www.herald.ie/sport/soccer/no-ca ... 80255.html

Now, the schoolboy club who produced the player will only get a payment if the player moves when he's under 23 and if he moves to a club outside of the country. As Robbie is over 23 and is staying in England, we get nothing this time around

Note the bit about club outside the country. Once a player is over 23, it's only international transfers that lead to solidarity payments.

Training compensation will be payable when a player signs his first professional contract with a club that is different from the club(s) that contributed to his training;
By contrast, solidarity payments will only be payable upon the international transfer of a player who is already a professional;


From Law In Sport
https://www.lawinsport.com/articles/ite ... n-football

User avatar
Sutekh
Hob Nob Super-Addict
Posts: 18386
Joined: 12 Feb 2014 14:05
Location: Undiscovered pyramid somewhere in Egypt

Re: Rumour: Sone Aluko

by Sutekh » 30 Aug 2017 09:03

genome
RoyalBlue I guess this demonstrates that Financial Fair Play is finally dead and buried? - not that it ever existed for 'big' clubs like QPR who seemed to be allowed to breach the regulations at will and without effective sanction.


It depends how the deals are structured. I doubt we're paying out £7.5m in one lump sum, I expect it's spread over the life of his contract and incentivised, so we won't be making significant losses due to this transfer. It's just another way clubs can skirt round it. Most Championship clubs will be doing it though. And given PSG are making a mockery of FFP with the Mbappe loan/buy deal, they seriously need to go and have a re-think about the whole thing.


Really get fed up with all this lack of visibility and everything being undisclosed and messed at. I think ALL transfer fees for all clubs should have to be declared as well as how that fee is constructed.

When was the last time Reading actually stated how much they paid for a player?


User avatar
Sutekh
Hob Nob Super-Addict
Posts: 18386
Joined: 12 Feb 2014 14:05
Location: Undiscovered pyramid somewhere in Egypt

Re: Rumour: Sone Aluko

by Sutekh » 30 Aug 2017 09:05

Tommio
Scutterbucketz Can anyone tell me what Carabao actually tastes like?

Just like any other energy drink. The apple one is actually really nice, they were giving out samples at the play off final.


All energy drinks taste ****** awful. HTH.

Sanguine
Hob Nob Legend
Posts: 24791
Joined: 27 Feb 2013 14:36

Re: Rumour: Sone Aluko

by Sanguine » 30 Aug 2017 09:17

The Reverend
I think I read (after Neymar to PSG) that the fee can be spread across the term of the contract - so Sone will impact the FFP rules by <£2M. Lots less if the deal's structured and we don't incur the extras via promotion etc


That is correct and the basis for 'football accounting'. A player is an asset and as such 'amortised over the asset's useful life', or in practical terms, the amount paid is spread across the length of their contract.

Stranded
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 19587
Joined: 14 Apr 2004 12:42
Location: Propping up the bar in the Nags

Re: Rumour: Sone Aluko

by Stranded » 30 Aug 2017 09:17

muirinho
Winston Biscuit current age doesn't matter, the rule is to compensate the developing clubs throughout the players career via transfer fees.

I am confused at some of the detail though. Was just reading on the old Solidarity Mechanism before it was updated and it said that one prominent case was Robbie Keane moving from Leeds to Spurs. When it happened Crumlin United in Ireland were due money as he was there as a schoolboy. A year afterwards it was challenged and overturned and they had to give the money back.


My understanding is they fought for, and got, the money when he moved from Leeds to Spurs. But after that they changed the rules, so when he went from Spurs to Liverpool, they got none of that. The reason is the same reason we wouldn't anything for Gylfi unless he transfers abroad!

http://www.herald.ie/sport/soccer/no-ca ... 80255.html

Now, the schoolboy club who produced the player will only get a payment if the player moves when he's under 23 and if he moves to a club outside of the country. As Robbie is over 23 and is staying in England, we get nothing this time around

Note the bit about club outside the country. Once a player is over 23, it's only international transfers that lead to solidarity payments.

Training compensation will be payable when a player signs his first professional contract with a club that is different from the club(s) that contributed to his training;
By contrast, solidarity payments will only be payable upon the international transfer of a player who is already a professional;


From Law In Sport
https://www.lawinsport.com/articles/ite ... n-football


Sure we won't have got anything but as transfer from/to Swansea to another club in the English league system actually need international clearance, a case could be made for a solidarity payment being due. If someone were so inclined that is.

Stranded
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 19587
Joined: 14 Apr 2004 12:42
Location: Propping up the bar in the Nags

Re: Rumour: Sone Aluko

by Stranded » 30 Aug 2017 09:20

Sanguine
The Reverend
I think I read (after Neymar to PSG) that the fee can be spread across the term of the contract - so Sone will impact the FFP rules by <£2M. Lots less if the deal's structured and we don't incur the extras via promotion etc


That is correct and the basis for 'football accounting'. A player is an asset and as such 'amortised over the asset's useful life', or in practical terms, the amount paid is spread across the length of their contract.


So based on this, say we have paid £4m up front with additional payments due for apperances, promotion etc - would it be correct that we would actually spread the £4m over 4 years, so only £1m off this season's budget. Any add-ons will only be added when they come due.

So say £1m is due for 50 appearances, we would spread that over say the last 3 years of the contract if that is activated next season? Meaning next season he costs £1.33m.


Sanguine
Hob Nob Legend
Posts: 24791
Joined: 27 Feb 2013 14:36

Re: Rumour: Sone Aluko

by Sanguine » 30 Aug 2017 09:27

Stranded
Sanguine
The Reverend
I think I read (after Neymar to PSG) that the fee can be spread across the term of the contract - so Sone will impact the FFP rules by <£2M. Lots less if the deal's structured and we don't incur the extras via promotion etc


That is correct and the basis for 'football accounting'. A player is an asset and as such 'amortised over the asset's useful life', or in practical terms, the amount paid is spread across the length of their contract.


So based on this, say we have paid £4m up front with additional payments due for apperances, promotion etc - would it be correct that we would actually spread the £4m over 4 years, so only £1m off this season's budget. Any add-ons will only be added when they come due.

So say £1m is due for 50 appearances, we would spread that over say the last 3 years of the contract if that is activated next season? Meaning next season he costs £1.33m.


Yes - the up front payment would be spread over the term of the contract. The add-ons though are time-specific contract terms and the costs hit the accounts when they are incurred, i.e. 'we will pay £1m when he has played 50 times' is wholly applicable to the accounting period in which he plays his 50th game. Likewise promotion, in the season we go up, and so on.

From an FFP perspective, I guess that's where the accountants earn their money, in forecasting our outgoings. In your example, if he plays his 50th game for us next season, and we get promoted, Aluko's 'cost' (before wages etc) in the season might be £3m or so.

User avatar
Winston Biscuit
Hob Nob Legend
Posts: 33239
Joined: 05 May 2017 07:32
Location: HNA Thought Leader & Influencer

Re: Rumour: Sone Aluko

by Winston Biscuit » 30 Aug 2017 09:33

The Reverend I think I read (after Neymar to PSG) that the fee can be spread across the term of the contract


very standard on all football transfers and is called 'player amortisation'

You can pay the whole transfer fee up front in one big go if you like and still spread the cost across the length of the initial employment contract.

It's the annual calculated cost that is important to a business much more so than the total outlay. This is why long contracts can be good for the club and short term, free transfers with very high wages can sometimes be not so good.

Stranded
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 19587
Joined: 14 Apr 2004 12:42
Location: Propping up the bar in the Nags

Re: Rumour: Sone Aluko

by Stranded » 30 Aug 2017 09:36

Sanguine
Stranded
Sanguine
That is correct and the basis for 'football accounting'. A player is an asset and as such 'amortised over the asset's useful life', or in practical terms, the amount paid is spread across the length of their contract.


So based on this, say we have paid £4m up front with additional payments due for apperances, promotion etc - would it be correct that we would actually spread the £4m over 4 years, so only £1m off this season's budget. Any add-ons will only be added when they come due.

So say £1m is due for 50 appearances, we would spread that over say the last 3 years of the contract if that is activated next season? Meaning next season he costs £1.33m.


Yes - the up front payment would be spread over the term of the contract. The add-ons though are time-specific contract terms and the costs hit the accounts when they are incurred, i.e. 'we will pay £1m when he has played 50 times' is wholly applicable to the accounting period in which he plays his 50th game. Likewise promotion, in the season we go up, and so on.

From an FFP perspective, I guess that's where the accountants earn their money, in forecasting our outgoings. In your example, if he plays his 50th game for us next season, and we get promoted, Aluko's 'cost' (before wages etc) in the season might be £3m or so.


Thanks - goes a long way to explain why we are suddenly giving out 3 or 4 year contracts as opposed to the 2 years we normally seemed to give. Probably comes from Gourlay's experience of working on big transfers at Chelsea.

User avatar
Winston Biscuit
Hob Nob Legend
Posts: 33239
Joined: 05 May 2017 07:32
Location: HNA Thought Leader & Influencer

Re: CONFIMRED: Sone Aluko

by Winston Biscuit » 30 Aug 2017 09:59

Fulham wanted this to go through so they could buy Jota from Brentford.

I would have preferred Jota tbh.


User avatar
CountryRoyal
Hob Nob Super-Addict
Posts: 10697
Joined: 12 Aug 2011 13:44

Re: Rumour: Sone Aluko

by CountryRoyal » 30 Aug 2017 10:07

Sutekh
Tommio
Scutterbucketz Can anyone tell me what Carabao actually tastes like?

Just like any other energy drink. The apple one is actually really nice, they were giving out samples at the play off final.


All energy drinks taste ****** awful. HTH.


The only one I'll really drink is occasionally the white monster, what ever flavour it is. It's kind of fruity and doesn't have that typical redbull type taste.

User avatar
yuomi
Member
Posts: 848
Joined: 02 Mar 2008 11:20
Location: dum spiro spero

Re: CONFIMRED: Sone Aluko

by yuomi » 30 Aug 2017 10:18

Winston Biscuit Fulham wanted this to go through so they could buy Jota from Brentford.

I would have preferred Jota tbh.


Heard this too but this morning's talk is that they've offered £15m to NUFC for Gayle.

Which is nuts

muirinho
Hob Nob Regular
Posts: 2075
Joined: 20 Jan 2016 12:10

Re: Rumour: Sone Aluko

by muirinho » 30 Aug 2017 10:20

Stranded
Sanguine
Stranded
So based on this, say we have paid £4m up front with additional payments due for apperances, promotion etc - would it be correct that we would actually spread the £4m over 4 years, so only £1m off this season's budget. Any add-ons will only be added when they come due.

So say £1m is due for 50 appearances, we would spread that over say the last 3 years of the contract if that is activated next season? Meaning next season he costs £1.33m.


Yes - the up front payment would be spread over the term of the contract. The add-ons though are time-specific contract terms and the costs hit the accounts when they are incurred, i.e. 'we will pay £1m when he has played 50 times' is wholly applicable to the accounting period in which he plays his 50th game. Likewise promotion, in the season we go up, and so on.

From an FFP perspective, I guess that's where the accountants earn their money, in forecasting our outgoings. In your example, if he plays his 50th game for us next season, and we get promoted, Aluko's 'cost' (before wages etc) in the season might be £3m or so.


Thanks - goes a long way to explain why we are suddenly giving out 3 or 4 year contracts as opposed to the 2 years we normally seemed to give. Probably comes from Gourlay's experience of working on big transfers at Chelsea.


Lots of different reasons for longer contracts though, and not necessarily all to do with Gourlay - McCleary got 3 years didn't he? I noticed that the Dave Edwards deal was 2 years, but I guess there wasn't a big transfer fee to try to spread across the contract.

I think after Jason Roberts, the club got a bit burnt by longer contracts, particularly for older players, and backed off - they've only recently started feeding through again.

So - we might have longer deals to spread the fee across. Or because the player wants the security of a longer deal and won't sign otherwise (Maybe both McCleary and Gunter fall into this category). Or because the club wants to hang onto the player as long as possible, but get a decent fee if they move on, rather than having them run down their contract (Kelly etc)

It does show a bit more flexibility about what is offered to the players though, then we've had previously.

User avatar
NewCorkSeth
Hob Nob Addict
Posts: 9519
Joined: 05 Jul 2013 00:17
Location: Wherever Nameless may be.

Re: Rumour: Sone Aluko

by NewCorkSeth » 30 Aug 2017 10:33

CountryRoyal
Sutekh
Tommio Just like any other energy drink. The apple one is actually really nice, they were giving out samples at the play off final.


All energy drinks taste ****** awful. HTH.


The only one I'll really drink is occasionally the white monster, what ever flavour it is. It's kind of fruity and doesn't have that typical redbull type taste.

I like the yellow one. It's half juice. Never tried the white one.
I drink a lot of red bull..

Tommio
Member
Posts: 648
Joined: 04 Aug 2013 14:13

Re: Rumour: Sone Aluko

by Tommio » 30 Aug 2017 11:10

CountryRoyal
Sutekh
Tommio Just like any other energy drink. The apple one is actually really nice, they were giving out samples at the play off final.


All energy drinks taste ****** awful. HTH.


The only one I'll really drink is occasionally the white monster, what ever flavour it is. It's kind of fruity and doesn't have that typical redbull type taste.

Yeah the white zero calorie one is the only energy drink I ever have.

User avatar
TBM
Hob Nob Super-Addict
Posts: 16827
Joined: 14 Apr 2004 09:27
Location: Prediction League Champion 2009/2010, 2010/2011 & 2013/2014

Re: CONFIMRED: Sone Aluko

by TBM » 30 Aug 2017 11:56

Although a decent player - i would still be pretty pissed off if we don't sign an actual striker, rather than someone who "can play upfront"

Jim Royal

Re: CONFIMRED: Sone Aluko

by Jim Royal » 30 Aug 2017 12:01

Looks like Fulham are using the money to try and get Dwight Gayle.

258 posts

Who is online

Users browsing this forum: Bing [Bot], CholseyRoyal, Hendo, maffff, Royals and Racers, WestYorksRoyal and 340 guests

It is currently 28 Mar 2024 19:22