Bedfordspurs
Mark Falco
Now your playing the gameYes we’ll account his fee at transfer cost divided by number of years on the contract he signs but we’re also doing the same for the signings made for the last 3 to 5 years. We don’t just start at zero each season.
How much net spend on top of Kulu and Porro do you expect us to have this summer with no Europe? I suspect we’ll have another £20m to £50m.
How we account for them is proportionate to the contact length
what we pay, and when is due to what we agree
kulu is £5m a year for 5 years (possibly euros)
That means we have to find £5m this summer. That’s it
but there is legacy debt too and the other commitments. I think our debt run rate on transfers was the third highest behind united and arsenal. But I believe Liverpool, and Chelsea will have jumped above us now too
It still has to be paid though