Generic small time football blather thread FOREVER

[RobinRobin 11538]

10 hours ago, Gemmill said:

My main mam James Lawrence Alcott has done his 10,000 simulations of the Premier League season. There's a couple where Man United get relegated, and I think it was 50 where we win the PL. 

 

Be nice if we could combine one of those two sims. 

Just don't predict either, please.

[Alex 35567]

11 hours ago, Gemmill said:

My main mam James Lawrence Alcott has done his 10,000 simulations of the Premier League season. There's a couple where Man United get relegated, and I think it was 50 where we win the PL. 

 

Be nice if we could combine one of those two sims. 

 

[Toonpack 9907]

[wykikitoon 20708]

https://www.skysports.com/football/news/11668/13196429/cole-palmer-chelsea-forward-signs-two-year-contract-extension-at-stamford-bridge-until-summer-2033

So that makes it a 9 year contract?

[Toonpack 9907]

So if a player signs a contract extension, does their amortisation amount recalculate for the longer term ???

[Gemmill 45996]

They'll have a book value at the point that the extension is negotiated. That book value should be amortised across the remaining (extended) contract length. 

 

That's how I assume it will work. 

 

So, buy a player for £100m on a 5 year deal, that's a £20m amortisation charge per year. 

 

If at the end of 2 years, you extend their contract by 2 years, you have:

 

Book value: £60m (£100m minus 2 x £20m annual amortisation charge) 

 

Newly extended contract length: 5 years (original 3 plus 2 year extension) 

 

New annual amortisation charge: £12m per year for the next 5 years. 

Edited August 13 by Gemmill

[Toonpack 9907]

A simple “yes” would have sufficed tbh

[Kid Dynamite 7167]

23 hours ago, strawb said:

I will take that bet, Arsenal deffo will

That's because I meant to say Villa, Chelsea and Spurs  

[Gemmill 45996]

4 minutes ago, Toonpack said:

A simple “yes” would have sufficed tbh

 

A simple I WON'T FUCKING BOTHER NEXT TIME will suffice next time. 

[Toonpack 9907]

Thank fuck for that

[ewerk 31195]

14 minutes ago, Gemmill said:

They'll have a book value at the point that the extension is negotiated. That book value should be amortised across the remaining (extended) contract length. 

 

That's how I assume it will work. 

 

So, buy a player for £100m on a 5 year deal, that's a £20m amortisation charge per year. 

 

If at the end of 2 years, you extend their contract by 2 years, you have:

 

Book value: £60m (£100m minus 2 x £20m annual amortisation charge) 

 

Newly extended contract length: 5 years (original 3 plus 2 year extension) 

 

New annual amortisation charge: £12m per year for the next 5 years. 

 

That's some mighty fine maths right there.

 

Pity that contracts can only be amortised across five years so none of it matters in Palmer's case.

[Gemmill 45996]

What would you know of fine maths?! 

[The Fish 10962]

Bear in mind he signed a 7yr deal and, as I understand it, the amortisation goes across 5yrs. So his £42.5m fee is spread across those 5yrs, not 7, and certainly not these extra 2 years. 

 

The fee was £42.5m (£8.5m p.a.), less the year he's served there leaves £34m, so the yearly commitment drops to £6.8m.

 

 

 

[The Fish 10962]

Ewerk finished first.

 

As always.

[Toonpack 9907]

3 hours ago, ewerk said:

 

That's some mighty fine maths right there.

 

Pity that contracts can only be amortised across five years so none of it matters in Palmer's case.

Whoa there boy, steady on, are you saying that (and ain’t don’t say this lightly) Gemmill was wrong 😱

Edited August 13 by Toonpack

[Gemmill 45996]

4 hours ago, Gemmill said:

That's how I assume it will work. 

 

Did you miss those words? How I responded is how a normal contractual situation works but I because don't memorise all the PL's stupid rule changes, I might have messed up. 

 

However. The most instructive thing here is that I clearly could have told you FUCKING ANYTHING and you would have believed it. 

 

So THAT'S INTERESTING. 

[wykikitoon 20708]

 

 

 

How was he allowed to get away with it?

[Toonpack 9907]

15 minutes ago, wykikitoon said:

 

How was he allowed to get away with it?

 

The same way players who go to Liverpool develop asthma.

[wykikitoon 20708]

24 minutes ago, Toonpack said:

 

The same way players who go to Liverpool develop asthma.

 

And Messi who took HGH, Bale and R7 clearly on the gear etc etc

 

Football is a trillion dollar business 

[Toonpack 9907]

On Lewandowski surely a co-incidence

 

[Isegrim 9896]

 

[Kid Dynamite 7167]

16 minutes ago, Isegrim said:

 

This shit is at the polar opposite end of the spectrum to my personality  

 

I think it would actively put me off trying hard at work if he was my gaffer 

[thebrokendoll 9450]

20 minutes ago, Isegrim said:

 

 

the stupid spanish cunt.

[trophyshy 7084]

 

[Howmanheyman 33819]

38 minutes ago, Isegrim said:

 

 

 

"Oh fuck, he's doing the lightbulb thing again."