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Djed Spence

Bullet said:
Hi Rob, not saying you are wrong, just fleshing it out to make this clearer for everyone as you mentally skipped a couple of steps

We sign a new player to a 5 year contract.

Transfer Fee £50M
£10M per year wages for 5 years = £50m
Agent Fees £5M (one off)
Signing on Fee £5M (one off)
Total cost £50m+£50m+£5m+£5m = £110M
Dividing £110m by 5 years means £22M per year on the contract for that player goes on the books

If you sell him after 3 seasons

£66M has been accounted for with £110m-£66m = £44m remaining in the books, however
£10M x 2 of wages = £20m comes off that, so:
Remaining in the books is £44m-£20m = £24M.
Profit made if sold for £80m = £80m-£24m = £56M



And as I always like to point out, wages are a huge factor e.g. if we sold Spence on low wages and replaced with someone free on huge wages like Andy Robertson (also, with no resale value and a short shelf life).
Click to expand...

Thanks. True about Robertson. He’s meant to be on £150k a week so £7.8M a year. Had we paid £10M for him and he was on £107k pw nobody would blink.
 
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