03 Jan 2017 19:28:56
So I read marsielle are willing to pay 17mil for Amavi. I'd take the money. Amavi is a descent young player but I would bite their hand off for 17mil.
{Ed002's Note - Marseille made an offer for Jordan Amavi last week and that as presented to Aston Villa in writing. Ignore the amount as that is incorrect.}
04 Jan 2017 07:14:00
I wouldn't sell him. He's one of the best left backs around at the moment. Also plays like he wants to do his best for villa.
04 Jan 2017 04:18:46
what is the amount ed. ?
{Ed002's Note - Of no relevance.}
04 Jan 2017 04:19:48
I herd they offerd 8 million which was laughed off and have now come back with 15 million.
{Ed002's Note - You need to forget everything regarding the finances.}
04 Jan 2017 11:37:51
Why Ed?
{Ed002's Note - Because the transfer fee is only ever part of the costs of a transfer and invariably the figures bounced around by the press and fans are a long way from being correct. Marseille are after a number of players this window and have made a formal offer for Amavi - but the amount provided in that offer last week does not reflect the final cost that Marseille would need to pay CHris.
It might be an apt time to explain again about the cost of transfers (excluding wages). What is paid by the buying club would typically include:
(a) Transfer fee - the big number.
(b) Any levy applied by the local FA – 5% for the EPL.
(c) Tax due on the transfer fee – typically this will be VAT (at varying rates across Europe) some or all of which should be reclaimable.
(d) Agent fees – this may be to one or more agents (as an example, Liverpool have spent £40M plus VAT on agent fees over the past three years leading to this window).
(e) Tax due on the agent fees – typically this is VAT at the local rate where the agent bills from – it is not reclaimable.
(f) Intermediary fees – this may be to one or more sponging leeches (what do you mean you have a super agent?) .
(g) Tax due on the Intermediary fees – typically this is VAT at the local rate where the Intermediary bills from – it is not reclaimable.
(h) Signing on fee to the player (possibly including non-reclaimable VAT if the player is VAT registered).
(i) Legal fees.
(j) VAT on legal fees which is reclaimable.
(k) Moving/relocation costs for the player.
(l) VAT on moving/relocation costs which is reclaimable.
(m) Paying up insurance costs to the selling club (sometimes waived).
What is paid by the selling club would typically include:
(a) If the player is under 24 and moving between different football associations, a Solidarity contribution paid to his previous clubs responsible for his training - this is 5% of the transfer fee received (apportioned 5% of the contribution for each year from the season of his 12th birthday to the season of his 15th birthday and 10% of the contribution for each season from his 16th to 23rd birthdays).
(b) If the player moves to a higher category club (all clubs being categorised 1 to 4) then Training Compensation is due for the period of age 12 to 21. Compensation is due to all clubs when the player turns from amateur to professional and thereafter only when he moves from his final training club to another club. The initial training compensation is levied at the training costs associated with Category 4 clubs. The subsequent figure is agreed between the sides or tribuneral if necessary.
(c) Any monies owed to the player if he did not request a transfer – again this is 5% of the transfer fee received.
(d) Any monies owed to the player in terms of his contract (typically outstanding owed wages (not future wages) and bonuses).
(e) Any money contractually due to a previous club as the result of a sell-on clause.
04 Jan 2017 13:33:49
Cheers Ed, so if say they've bid 15mil, they'll infact have to pay more than that figure and we'll end up paying a small amount to various places?
{Ed002's Note - It is clear as I have explained Chris - and this is why I would rather not discuss finances with the football fans.}
04 Jan 2017 15:18:27
Ed, great post. and explains a lot from behind the cloak and dagger crap!
Must be said, one of the longest and hardest posts I've ever seen! Now need an asprin!