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Undisclosed

Discussion in 'City Talk' started by Andyone, Aug 31, 2024.

  1. Andyone

    Andyone Fringe Player

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    In years gone by we used to know how much a player was signed or sold for. Nowadays a lot are undisclosed, especially in the lower leagues. I wonder what the main reason for this is. Tax avoidance maybe,who knows?
     
  2. Kevin1954

    P.L. 23/24 Top 20 Euro24 PL Entrant P.L.24/25 Entrant Supporter

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    P
    That’s the same old argument as understating attendances we used to moan about in all the years we have attended VP . Clearly it’s to avoid publishing financial clues ?
     
    NorthernMonkey likes this.
  3. trevor

    Supporter

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    If we got £100k for Young we will have done well and wages saved will not be a lot as he came from FGR where they had low wages
     
  4. Kevin1954

    P.L. 23/24 Top 20 Euro24 PL Entrant P.L.24/25 Entrant Supporter

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    Very well considering Barrow and Swindon paid a chunk of his wages ?
     
  5. trevor

    Supporter

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    Yes he has cost us very little since his arrival but on the other side we got little out of him
     
    elleb likes this.
  6. Birky Bantam

    Birky Bantam Impact Sub

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    It's for negotiation reasons and also that transfer fees are rarely straight forward as they tend to include add ons so this stops one club giving 1 fee with just the initial payment and the other giving the full fee with add ons included. If we got £200k for Young then all clubs know when it comes to January that we have £200k to spend so they would up their price, likewise if people thought Stevenage had £500k to spend on transfers this season then others find out they've spent 200k of that on Young then they know Stevenage have 300k left to spend so it would weaken their hand.
     
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  7. Birky Bantam

    Birky Bantam Impact Sub

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    The reason tickets sold is given as attendances is partly as it's much easier as the computer will tell them in seconds but the main reason is for marketing reasons when selling sponsorships. It's much better to say we average 16,000 per game when the reality is it's more likely to be 12,000. Nobody announces actual attendance as there's no real benefit to it other than a small moral victory that would quickly be forgotten.
     
  8. Kevin1954

    P.L. 23/24 Top 20 Euro24 PL Entrant P.L.24/25 Entrant Supporter

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    I did say in days gone by BB, the current attendance details are tickets sold . That’s how it should be , not whether they turned up or not . As you say accurate within seconds .
     
  9. Kevin1954

    P.L. 23/24 Top 20 Euro24 PL Entrant P.L.24/25 Entrant Supporter

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    So good value for money especially selling him for three figures . Excellent business if you want to look at it financially .
     
  10. trevor

    Supporter

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    All fees and add ons have to registered with the FA and the details can be seen by other clubs in confidence but not to the press or media. Undisclosed is more to hide from supporters than other clubs
     
  11. Ulysses S Grant

    P.L. 23/24 2nd Place P.L.24/25 Entrant

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    Doubt it. More likely to avoid meltdown on social media
     
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  12. king karl

    Staff Member Admin Moderator Supporter

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    Usually because its peanuts and the selling club dont want to look like mugs
     
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  13. SimonW

    Staff Member Admin Moderator P.L.24/25 Entrant Qatar 2022 Entrant

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    Mainly because transfers these days are rarely as simple as 'We paid £x". It's usually a base fee and then all sorts of conditions based on various performance criteria. There may be extra if they play a certain number of games or for a certain number of goal contributions or a certain number of clean sheets, extra if the buying team gets promoted or if they win a cup. On top of that, there can be sell-on clauses or buy-back clauses which carry a value but it is hard to put an actual value on these until they are activated. Also you have the issue of agents, their fees (as well as any signing fees the player might get) are really part of the transfer costs but the question is do you include these in the costs?
     
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  14. Jonathan Swift

    P.L.24/25 Entrant

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    I doubt it will be to avoid tax as the transfer fee received / paid would need to be shown as an entry in the accounts of both selling and buying clubs.
     
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  15. Jonathan Swift

    P.L.24/25 Entrant

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    More likely so as not to alert other clubs how much money a club is spending
     
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  16. donhutchinsaffro

    Euro24 PL Entrant Supporter

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    Hope you’re right lads. Goalscorers are rare and I think he may do well? Let’s see. What is obvious is once you want to go you need to go. That’s in my experience. O regrets. Good luck long live the king.
     
  17. Chippy

    P.L. 23/24 Top 20 Euro24 PL Entrant P.L.24/25 Entrant Qatar 2022 Entrant Supporter Euro2020 Winner Euro 2020

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    In this day and age surely everything is electronic payments therefore leaving a paper trail for the taxman. Gone are the old days when a carrier bag full of cash was dropped on the chairman's table and he decided how to use or hide it
     
  18. Briggus

    Briggus Impact Sub

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    Yeah and keeps the fans in the dark - we are mushroom managed.
     
  19. Storck

    Storck Regular Starter

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    How quickly do other clubs get to see transfer fees, if they do? To be honest I'm suprised by the fact that they can find out how much a specific player gets transfered for as that could effect negotiations when trying to buy them later. If you know a club paid a certain amount then it gives you a starting point
     
  20. Dennis

    Staff Member Moderator Supporter

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    They don't! The EFL and the FA are provided with the transfer contract itself which is between the two clubs and the separate employment contract between the player and his new club. It's all handled confidentially. The principal reason those two bodies receive copies is that they are sometimes asked to arbitrate in the event of future disagreements between the parties. It also helps to ensure that nobody falls foul of HMRC's requirements.
     
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