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Viktor Moving on (20 Viewers)

  • Thread starter Saddlebrains
  • Start date Jun 20, 2024
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PUSB-We_are_going_up

Well-Known Member
  • Monday at 12:46 PM
  • #1,086
skybluecam said:
Don't think that was anything to do with Brighton, that was because Sporting have already paid out some performance related add ons to us.
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No there was a term in the contract where Sporting could pay a fee to reduce the sell on from 15% to 10% and Im pretty sure that covered what we owed Brightom
 

shmmeee

Well-Known Member
  • Monday at 12:49 PM
  • #1,087
PUSB-We_are_going_up said:
Speaking of does anyone know how much sporting paid for Gyökeres’ sell on to be reduced because if you add it onto the £20m + £4.5m we’d have made if he goes in the summer we’ve done well to make money off him
Click to expand...

It was €4m
 
S

Skyblue Bangkok

Well-Known Member
  • Monday at 12:49 PM
  • #1,088
He
Hobo said:
It was always going to be next to impossible to replace Vik. I think he will be an Arsenal player next year
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PUSB-We_are_going_up said:
No there was a term in the contract where Sporting could pay a fee to reduce the sell on from 15% to 10% and Im pretty sure that covered what we owed Brightom
Click to expand...
He's going to have his pick , Bayern are also interested , he would be wasting his talents if he signed for Manure Utd.
 
Reactions: CV3SkyBlue

shmmeee

Well-Known Member
  • Monday at 12:50 PM
  • #1,089
PUSB-We_are_going_up said:
No there was a term in the contract where Sporting could pay a fee to reduce the sell on from 15% to 10% and Im pretty sure that covered what we owed Brightom
Click to expand...

Don’t think it did.

The doc says Sporting covered the original sell on due to Brighton that was €2.2m IIRC. Don’t think it mentions future sell ons but that might be covered as part of it.
 
Reactions: Saddlebrains

skybluecam

Well-Known Member
  • Monday at 12:52 PM
  • #1,090
PUSB-We_are_going_up said:
No there was a term in the contract where Sporting could pay a fee to reduce the sell on from 15% to 10% and Im pretty sure that covered what we owed Brightom
Click to expand...
This has been discussed to death on here

Pretty sure you're confusing a few things

Firstly Sporting covered the initial sell on % to Brighton

Secondly, the reduction from 15 to 10% was because they had already paid out on some performance clauses (otherwise we could have been making ridiculous money on the back end of this deal).

So King has said that whatever sell on fee we do receive, part of that will go to Brighton.
 
Reactions: Hobo

PUSB-We_are_going_up

Well-Known Member
  • Monday at 1:23 PM
  • #1,091
skybluecam said:
This has been discussed to death on here

Pretty sure you're confusing a few things

Firstly Sporting covered the initial sell on % to Brighton

Secondly, the reduction from 15 to 10% was because they had already paid out on some performance clauses (otherwise we could have been making ridiculous money on the back end of this deal).

So King has said that whatever sell on fee we do receive, part of that will go to Brighton.
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Yes no I agree with all but the last bit that we owe Brighton anything more and Sporting paid us a fee to reduce the clause
 
S

Specs WT-R75

Well-Known Member
  • Monday at 1:40 PM
  • #1,092
shmmeee said:
Don’t think it did.

The doc says Sporting covered the original sell on due to Brighton that was €2.2m IIRC. Don’t think it mentions future sell ons but that might be covered as part of it.
Click to expand...

That is the FIFA solidarity payments that the buying club is obligated to distribute to any clubs involved in his development up to the age of 23. Not just Brighton, but his former clubs. This has nothing to do with whatever sell-on clause Brighton negotiated with us as part of his transfer... which Doug King has also confirmed will apply to any further monies that we receive from Vik's potential sale.

The document also mentioned intermediatory fees. I expect this relates to the fees Vik's agents charged Sporting for the deal...
 
Reactions: shmmeee

shmmeee

Well-Known Member
  • Monday at 1:45 PM
  • #1,093
Specs WT-R75 said:
That is the FIFA solidarity payments that the buying club is obligated to distribute to any clubs involved in his development up to the age of 23. Not just Brighton, but his former clubs. This has nothing to do with whatever sell-on clause Brighton negotiated with us as part of his transfer... which Doug King has also confirmed will apply to any further monies that we receive from Vik's potential sale.

The document also mentioned intermediatory fees. I expect this relates to the fees Vik's agents charged Sporting for the deal...
Click to expand...

10% for three years at Brighton seems high
 

Sky_Blue_Daz

Well-Known Member
  • Monday at 1:47 PM
  • #1,094
Have we used a percentage of the Gyokeres sell on fee ?
 

Sky Blue Goblin

Well-Known Member
  • Monday at 1:54 PM
  • #1,095
Sky_Blue_Daz said:
Have we used a percentage of the Gyokeres sell on fee ?
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Yeah for BTA. Part of their deal meant they could pay us to reduce the fee from 15 to 10%
 
Reactions: Sky_Blue_Daz
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Specs WT-R75

Well-Known Member
  • Monday at 2:04 PM
  • #1,096
shmmeee said:
10% for three years at Brighton seems high
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Fifa solidarity fee is a flat 5% of the transfer fee paid in proportion to his time at his previous clubs up to the age of 23. Approximately:

ClubSolidary contribution
Brighton & Hove Albion€360k
FC St. Pauli€120k
IF Brommapojkarna€480k
IFK Aspudden-Tellus€240k

The additional €1m is agent fees most likely.

The sell on fee to Brighton is in addition and will be whatever they negotiated as part of his sale. It's allegedly 15%...
 
Reactions: shmmeee

skybluecam

Well-Known Member
  • Monday at 2:05 PM
  • #1,097
PUSB-We_are_going_up said:
Yes no I agree with all but the last bit that we owe Brighton anything more and Sporting paid us a fee to reduce the clause
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King has said we will though? And why wouldn't we, if sell ons didn't apply to further fees that would be a massive loophole.
 

peteCCFC

Well-Known Member
  • Monday at 2:06 PM
  • #1,098
Any money we are likely to receive for Viktor is already offset and being used to pay for Bassette and BTA, sadly.
 
Reactions: Sky Blue Pete
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Specs WT-R75

Well-Known Member
  • Monday at 2:12 PM
  • #1,099
peteCCFC said:
Any money we are likely to receive for Viktor is already offset and being used to pay for Bassette and BTA, sadly.
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Where did the money to buy Grimes come from then?!

Doug will spend what he thinks he can spend within the budget framework that we are working with.

You can never earmark a sell on clause for a player that in theory might never be sold... no matter how probable that it appears to be. That would just be foolish and reckless way to run the club...
 
Reactions: Londonccfcfan and wingy

Balli001

Well-Known Member
  • Monday at 2:21 PM
  • #1,100
peteCCFC said:
Any money we are likely to receive for Viktor is already offset and being used to pay for Bassette and BTA, sadly.
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BTA was paid for using the sell on we sold to them last summer if a recall correctly. Any sale for Vik now is an additional 5million which i doubt we have even touched yet.
 

shmmeee

Well-Known Member
  • Monday at 4:21 PM
  • #1,101
Specs WT-R75 said:

The additional €1m is agent fees most likely.
Click to expand...

Nice work if you can get it.
 
Reactions: Specs WT-R75

DazzleTommyDazzle

Well-Known Member
  • Monday at 4:58 PM
  • #1,102
shmmeee said:
Nice work if you can get it.
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Far too late in life, I learned - what in retrospect was pretty obvious - how much easier it is to make money when you're involved in something where there are big numbers flying around.

If the main transaction is, say, £50m a fee of "just £100k or so seems almost trivial.

This principle seems to be on steroids where agents' fees in transfers are concerned.
 
Reactions: shmmeee and Skyblue Bangkok
W

wingy

Well-Known Member
  • Monday at 6:06 PM
  • #1,103
PUSB-We_are_going_up said:
Speaking of does anyone know how much sporting paid for Gyökeres’ sell on to be reduced because if you add it onto the £20m + £4.5m we’d have made if he goes in the summer we’ve done well to make money off him
Click to expand...
Something like £1.5M from memory?
 
S

StrettoBoy

Well-Known Member
  • Monday at 8:14 PM
  • #1,104
The chances are that whoever buys Gykores will pay the fee in instalments. I assume that our sell-on fee will be paid in the same way, so we will get 10% of each stage payment.

It’s not necessarily such bad news as it sounds because no doubt we will pay our outgoing transfer fees in the same way.
 
S

Specs WT-R75

Well-Known Member
  • Tuesday at 9:38 AM
  • #1,105
StrettoBoy said:
The chances are that whoever buys Gykores will pay the fee in instalments. I assume that our sell-on fee will be paid in the same way, so we will get 10% of each stage payment.

It’s not necessarily such bad news as it sounds because no doubt we will pay our outgoing transfer fees in the same way.
Click to expand...

Any outstanding money from the original €24 transfer has to be paid up in full.
We receive our additional 10% as and when Sporting receive it, unless we negotiate otherwise... So if for example the initial installment to Sporting was €30m then we wouldn't get much to begin with... but we could immediately add the future installments into our cash-flow planning...
 
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L

long way home

Well-Known Member
  • Tuesday at 9:52 AM
  • #1,106
Specs WT-R75 said:
Any outstanding money from the original €24 transfer has to be paid up in full.
We receive our additional 10% as and when Sporting receive it, unless we negotiate otherwise... So if for example the initial installment to Sporting was €30m then we wouldn't get much to begin with... but we could immediately add the future installments into our cash-flow planning...
Click to expand...

That answers my question on the Vik situation

Any additional income for any business is a positive. No matter of the money from Vik we still and would of had to wheel and deal in the market. Nothing changes we will seek gems, plenty of them about.
 
Reactions: Specs WT-R75
S

StrettoBoy

Well-Known Member
  • Tuesday at 4:41 PM
  • #1,107
Specs WT-R75 said:
Any outstanding money from the original €24 transfer has to be paid up in full.
We receive our additional 10% as and when Sporting receive it, unless we negotiate otherwise... So if for example the initial installment to Sporting was €30m then we wouldn't get much to begin with... but we could immediately add the future installments into our cash-flow planning...
Click to expand...

So, as I thought then. Thanks for confirming.

The incoming instalments will enable us to go out and buy a player or players on a similar basis
 
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S

SBT

Well-Known Member
  • Tuesday at 4:52 PM
  • #1,108
Any Portuguese speakers able to translate this sign from Gyokeres’ Instagram post? I would hope it’s not derogatory towards us…

 

Sick Boy

Super Moderator
  • Tuesday at 4:56 PM
  • #1,109
SBT said:
Any Portuguese speakers able to translate this sign from Gyokeres’ Instagram post? I would hope it’s not derogatory towards us…

View attachment 43297
Click to expand...
It says something like "We ripped off Coventry".
 
Reactions: HadjiChippo

HadjiChippo

Well-Known Member
  • Tuesday at 4:59 PM
  • #1,110
Sick Boy said:
It says something like "We ripped off Coventry".
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I thought you were taking the piss until I put it into google translate
 

COVKIDSNEVERQUIT

Well-Known Member
  • Tuesday at 5:00 PM
  • #1,111
SBT said:
Any Portuguese speakers able to translate this sign from Gyokeres’ Instagram post? I would hope it’s not derogatory towards us…

View attachment 43297
Click to expand...

Apparently don't quote me on this, it's the Sporting Lisbon fans saying " we shafted Coventry "
 
S

SBT

Well-Known Member
  • Tuesday at 5:06 PM
  • #1,112
Not entirely sure why he would choose to post that then…
 

MikeyMoo

Well-Known Member
  • Tuesday at 5:12 PM
  • #1,113
'We piss off' is the direct translation, but I think the idea that we ripped of Coventry works. Or maybe the first - maybe it's a statement of principle: keep Gyokeres, piss off Coventry. Their fans love him no doubt.
 

chiefdave

Well-Known Member
  • Tuesday at 5:19 PM
  • #1,114
SBT said:
Any Portuguese speakers able to translate this sign from Gyokeres’ Instagram post? I would hope it’s not derogatory towards us…

View attachment 43297
Click to expand...
Checked with my Portuguese friend, its we fucked Coventry over
 
S

SBT

Well-Known Member
  • Tuesday at 5:26 PM
  • #1,115
Can only imagine the meltdown if Hamer or (god forbid) O’Hare posted something similar.
 

covcity4life

Well-Known Member
  • Tuesday at 5:30 PM
  • #1,116
SBT said:
Can only imagine the meltdown if Hamer or (god forbid) O’Hare posted something similar.
Click to expand...
But viks video was so genuine lool
 
Reactions: SBT

JimmyHillsbeard

Well-Known Member
  • Tuesday at 5:34 PM
  • #1,117
Specs WT-R75 said:
Fifa solidarity fee is a flat 5% of the transfer fee paid in proportion to his time at his previous clubs up to the age of 23. Approximately:

ClubSolidary contribution
Brighton & Hove Albion€360k
FC St. Pauli€120k
IF Brommapojkarna€480k
IFK Aspudden-Tellus€240k

The additional €1m is agent fees most likely.

The sell on fee to Brighton is in addition and will be whatever they negotiated as part of his sale. It's allegedly 15%...
Click to expand...
I don’t get this at all. He was only on loan at St. Pauli ( from Brighton) there’s no way they are entitled to £120k
 

David O'Day

Well-Known Member
  • Tuesday at 5:36 PM
  • #1,118
COVKIDSNEVERQUIT said:
Apparently don't quote me on this, it's the Sporting Lisbon fans saying " we shafted Coventry "
Click to expand...
To be fair life has shafted that fat beardy twat in the picture
 
Reactions: COVKIDSNEVERQUIT

PUSB-We_are_going_up

Well-Known Member
  • Tuesday at 8:00 PM
  • #1,119
JimmyHillsbeard said:
I don’t get this at all. He was only on loan at St. Pauli ( from Brighton) there’s no way they are entitled to £120k
Click to expand...
They played a part in his development so they are
 
Reactions: Specs WT-R75
W

wingy

Well-Known Member
  • Tuesday at 8:11 PM
  • #1,120
It's a bit of a joke that they think that, we mugged Brighton off,the real crime is that no one was prepared to gamble on him at the time.
Anyway only could have gained About five more million out of it if that was the case.
 
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