- Sep 11, 2013
- 13,392
- 14,112
Waiting to to see if there’s a buyback before deciding if I’m going to have to throw some hands and by throw hands I mean being passive aggressively pouty at the dinner table
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I read this good explanation below of why they attached these high fees to the Arthur/Pjanic "sales"
I think I said it elsewhere but it's basically legal money laundering to keep some things in balance for both sides.
Juve can't just get a big fat injection of cash from Exor whenever they need it, but they can get a bunch of money from another club - in this case Barca.
Barca, on the other hand, they have a lot of issues, and a lot of debts to work on, "holes" to fill, so to speak. So the solution for both teams is to buy each others' players in an inflated deal (both are selling above their market value). The short of it is that the sales will show as "gains" immediately on the books. 72.5m goes straight in as "gains" for Barca. When they turn around and buy Pjanic (I think they are saying something like 60-70m there, too) it will be amortized over the length of the contract when it hits the books. So even though they are spending roughly as much as they are getting, it will show up at least for this year as a big gain. Ultimately it is just kicking the can down the road a bit to buy them more time to get their stuff in order. Of course if Barca aren't able to get things sorted in the next year then the "hole" gets even bigger, so to speak.
So, it's basically a player swap for sake of bookkeeping. I wouldn't pay much mind to the actual fee attached, and I wouldn't expect such a deal to be anything close to "normal" - all indications are that the "Corona-market" will still be noticeably depressed, this is just an odd one-off circumstance that's been purposefully inflated to make the balance sheet look better. It's not the same as a club simply spending big in spite of COVID.
I'm happy for them but nahCiteh and 'Pool really running Europe and England rn...
2020 really is a special kind of hell man
What a piece of madness. Barca financially in shamblesI read this good explanation below of why they attached these high fees to the Arthur/Pjanic "sales"
I think I said it elsewhere but it's basically legal money laundering to keep some things in balance for both sides.
Juve can't just get a big fat injection of cash from Exor whenever they need it, but they can get a bunch of money from another club - in this case Barca.
Barca, on the other hand, they have a lot of issues, and a lot of debts to work on, "holes" to fill, so to speak. So the solution for both teams is to buy each others' players in an inflated deal (both are selling above their market value). The short of it is that the sales will show as "gains" immediately on the books. 72.5m goes straight in as "gains" for Barca. When they turn around and buy Pjanic (I think they are saying something like 60-70m there, too) it will be amortized over the length of the contract when it hits the books. So even though they are spending roughly as much as they are getting, it will show up at least for this year as a big gain. Ultimately it is just kicking the can down the road a bit to buy them more time to get their stuff in order. Of course if Barca aren't able to get things sorted in the next year then the "hole" gets even bigger, so to speak.
So, it's basically a player swap for sake of bookkeeping. I wouldn't pay much mind to the actual fee attached, and I wouldn't expect such a deal to be anything close to "normal" - all indications are that the "Corona-market" will still be noticeably depressed, this is just an odd one-off circumstance that's been purposefully inflated to make the balance sheet look better. It's not the same as a club simply spending big in spite of COVID.
i like the second better, yall look like river plate with the first oneMan, **** adidas
Expectation:
Reality:
Really digging the whole superior Aryan genes theme