Enigma_87
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- Joined
- Aug 7, 2008
- Messages
- 27,778
The figure is quoted anywhere between 7 and 15m. If it is 2 year payout then it's basically 0 on our books.Impact on this year's accounts from accepting WHU's offer:
+30m transfer fee
+10m wage savings
-26m asset writedown
-7m one-time payoff
= 7m net savings on the books
Impact on next year's accounts would be an additional 10m savings (due to not having to pay his wages).
Overall, a net positive, but doesn't free up enough funds for a replacement. If we're not expecting him to play more than a handful of games for us, accepting the offer is the best option.
Having said that, next year we won't receive anywhere near 30m in terms of transfer fee, so we will net negative if we don't sell him by the end of the window, which is obviously worse.