[Albion] Where is Moises going? (Chelsea - 14/08/2023)

[Joey Jo Jo Jr. Shabadoo]

So, if they were breaking even before buying a player, and then spent 105m on a player, they would be making a 105m loss then?

P.S. You can't send me to the stupid corner as well, as I'm already there (I said Nunez was anonymous when he wasn't actually on the pitch).

No because that isn't how FFP works. A £105 million pound transfer fee is amortised at £21 million per year over 5 years in the accounts (it would be a higher amount and over a shorter number of years if the contract is less than 5 years). It isn't all added to the accounts in one go.

 

[Harry Wilson's tackle]

Let's see. Chelsea will 10000% finish higher than 12th with a new manager and young squad. Will Liverpool finish above 5th ...?

Chelsea looked the better team today and had a stronger bench .

Mahogany?

 

[Bodian]

On a similar note, Moises was useless yesterday. He was completely absent and anonymous.

And today - whichever side it was he was on.

 

[Eric the meek]

On a similar note, Moises was useless yesterday. He was completely absent and anonymous.

I was just going to write the same thing. You beat me to it.

 

[Neville's Breakfast]

Mahogany?

tbf they are going to need a stronger bench down London way given all the fine dining at fancy restaurants nobody has heard of every two weeks.

 

[US Seagull]

No because that isn't how FFP works. A £105 million pound transfer fee is amortised at £21 million per year over 5 years in the accounts (it would be a higher amount and over a shorter number of years if the contract is less than 5 years). It isn't all added to the accounts in one go.

The rules regarding FFP are weird and counterintuitive. For example, if a team sold a player for $100m and bought a player in the same window for $100m on a 5 year contract, your intuition would say they broke even. But they didn't. Due to amortization, they actually made an $80m profit this year. Because the rest of the fee will be spread out over the next four years.

Where this gets really interesting is with player swaps. And this is what got Juventus in trouble. Because with a straight swap you can just invent whatever value you want and claim to have just had a huge profit!

 

[Stato]

I'm now starting to believe that Moises may be wandering in the Wilderness. He'll be back in 40 years.

 

[Triggaaar]

I go to a gallery/theatre/museum at least once a week.

I wouldn't say you are typical.

I go to restaurants that you wouldn't find in any provincial town at least once a fortnight.

I said yes to restaurants.

As for brightest minds congregating in certain cities this is just a known fact. Take the front office of an investment bank for example, you have some of the smartest graduates from all over the world move to London. Same for any major industry and the people tend to stick around.

I didn't dispute the claim that the brightest minds are there, I asked what difference it made, and if they stop you in the street for a chat. Whilst some of the brightest minds in the world might be in London, you're clearly not one of them.

 

[Triggaaar]

So, if they were breaking even before buying a player, and then spent 105m on a player, they would be making a 105m loss then?

Only if the player had a salary of zero, and a contract of 1 year.

P.S. You can't send me to the stupid corner as well, as I'm already there (I said Nunez was anonymous when he wasn't actually on the pitch).

Yeah I saw that

 

[The Fits]

Only on NSC would people argue about the nightlife of two cities more passionately than the football!
Love it.

 

[dwayne]

I wouldn't say you are typical.




I said yes to restaurants.


I didn't dispute the claim that the brightest minds are there, I asked what difference it made, and if they stop you in the street for a chat. Whilst some of the brightest minds in the world might be in London, you're clearly not one of them.

So you pretty much agree with everything I'm saying. I'm not sure what your angle is in this conversation anyway ! You jumped on someone else's comment, and my reply to that....

Most people do it for business reasons. Not lifestyle . (Live in London)

Is this something you believe yourself? Is this something you strongly believe?

Why are you so triggered with me stating that London has better restaurants , culture and more equadorians than the rest of the country, that would clearly make it more attractive to a young guy like Moises.

 

[phoenix]

So, if they were breaking even before buying a player, and then spent 105m on a player, they would be making a 105m loss then?

P.S. You can't send me to the stupid corner as well, as I'm already there (I said Nunez was anonymous when he wasn't actually on the pitch).

Yes but you manned up and took your punishment like a real man

 

[Neville's Breakfast]

So you pretty much agree with everything I'm saying. I'm not sure what your angle is in this conversation anyway ! You jumped on someone else's comment, and my reply to that....

Most people do it for business reasons. Not lifestyle . (Live in London)

Is this something you believe yourself? Is this something you strongly believe?

Why are you so triggered with me stating that London has better restaurants , culture and more equadorians than the rest of the country, that would clearly make it more attractive to a young guy like Moises.

I thought you said models not Ecuadorians ? To be serious for a moment I also think that people mainly live in London for business reasons ie to be near a high paid job. I did it myself for years. I also interviewed a lot of these ‘brightest minds’ that turned up at investment banks you mentioned. The quality of these minds declined massively with the rise of films about traders, to the extent that the majority were get rich quick spivs. I am sure there are some great minds in London but they don’t congregate in investment banks.

 

[El Presidente]

The rules regarding FFP are weird and counterintuitive. For example, if a team sold a player for $100m and bought a player in the same window for $100m on a 5 year contract, your intuition would say they broke even. But they didn't. Due to amortization, they actually made an $80m profit this year. Because the rest of the fee will be spread out over the next four years.

Where this gets really interesting is with player swaps. And this is what got Juventus in trouble. Because with a straight swap you can just invent whatever value you want and claim to have just had a huge profit!

That’s not correct. Would only make an £80m profit if the player was from the academy or acquired via a Bosman. Profit is calculated as sales price less book value, which itself is original purchase price less accumulated amortisation.

 

[Eric the meek]

Yes but you manned up and took your punishment like a real man

Hahaha - thank you for your kind words.

We all make mistakes, and mine was a funny one, so why not enjoy it with everyone else?

 

[Publius Ovidius]

Has he fecked off to russiantheivedroublesski yet?

 

[Perry Milkins]

Has he fecked off to russiantheivedroublesski yet?

No, Judah....it goes on...

 

[ManOfSussex]

Get Caicedo Done.

 

[dwayne]

I thought you said models not Ecuadorians ? To be serious for a moment I also think that people mainly live in London for business reasons ie to be near a high paid job. I did it myself for years. I also interviewed a lot of these ‘brightest minds’ that turned up at investment banks you mentioned. The quality of these minds declined massively with the rise of films about traders, to the extent that the majority were get rich quick spivs. I am sure there are some great minds in London but they don’t congregate in investment banks.

Equadorians / models and equadorian models ... All of these

Conversation is getting really nuanced now. But come on are you denying that Goldman's / JPM /top PE firms or more so these days; the large tech companies in London don't hire from the top of the class from Insead/Cambridge/Oxford/Harvard etc ? And these kids are not drawn to the bright lights of London?

 

[Guinness Boy]

This is an argument for another thread but that's clearly nonsense. Like NYC , successful people like to live in London because it has some of the top museums, galleries, restaurants, bars etc and some of the brightest minds in the world.

It's certainly on a downward trajectory at the moment but it's still one of the most important cities in the world and pretty much props up the rest of the country.

IMHO of course

Overpriced property and stabbings every five minutes. No wonder Brighton has so many DFLs.