Can you believe this report?

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pjm2019
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Can you believe this report?

Post by pjm2019 »

The Catalan club reached an agreement with Leeds United on a fee of around £55m with add-ons to sign the talented 27-year-old but it has taken three seasons for Raphinha to try to come into his own in a Blaugrana jersey.

So far this season, Raphinha has emerged as one of the best players on the planet. He has exploded to life in Hansi Flick’s system and his attacking output has significantly gone up. With six goals and six assists in 11 appearances across all competitions, it’ll be an understatement to say that he is in fine form.

Such has been his performances that he has drawn praise, with ESPN pundit Shaka Hislop claiming that Raphinha has been the best player in La Liga this season. Six months ago, the response might have been different but it is now time to say that the transfer from Leeds United has worked out for Barcelona.

A report by SPORT has now explained how much Barcelona still owes Leeds United for the transfer of Raphinha. The Yorkshire-based club does not play in the Premier League any longer having been relegated to the Championship for the past couple of seasons.

Barcelona owes Leeds United €559,000 in the short term and almost €42m in the long term. While the short-term commitment isn’t significant, it is the long-term commitment that makes one wonder how the club structured this deal.

In addition to the amounts owed to Leeds United, smaller amounts are due to be paid to Sporting de Portugal, Stade de Rennais, and Vitoria. Considering his recent performances, Barcelona will have no hesitation in paying the money for Raphinha.

Barcelona fans will be hoping for Raphinha to continue his good form throughout the season and keep chipping in consistently with goals or assists. The 27-year-old is currently on international duty with Brazil and let’s wait and see how his seasons pans out.
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Re: can you believe this report

Post by Cjay »

Yes.

We are soft touch FC
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Re: can you believe this report

Post by danhirons »

helps us with FFP over the coming years, doesn't matter really, we will get the money in the end. looks like the deal is in installments of about 10 mill gbp a year. even if it doesn't help with ffp, it provides us regular cash in the bank for the coming seasons
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Re: can you believe this report

Post by Cjay »

Actually no.

Unless the club are lying on the official accounts we are owed basically 0 from anyone pre this summer just gone.
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CUSSIE01
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Re: can you believe this report

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Any chance we could just say “ Forget about the money we’ll just take him back ? “
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Re: can you believe this report

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As Cjay says, it's bollocks!

We made £73m in player sale profits for the 2022-2023 year. The account also showed £190m in transfer fees, whilst only being owed £2m.
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Re: can you believe this report

Post by GreennWhite »

No, not a word of it. Something to make the club look bad.
And of course some fans will get sucked into believing its true.
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DDB220
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Re: can you believe this report

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YorkshireSquare wrote: Wed Oct 09, 2024 12:11 pm As cjay says, it's bollocks!

We made £73m in player sale profits for the 2022-2023 year. The account also shw we oweed £190m in transfer fees, whilst only being owed £2m.
The accounts are not that detailed. I noticed this when I looked at them. The money owed on transfer fees will be included. The figures submitted to and published by Companies House do not drill into the spreadsheet on all matters. What the club provide to the respective league for FFP/PSR will be fundamentally more detailed. We will not get to see those.

Companies House requirements for accounts are all about the bottom lines.
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Re: can you believe this report

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I’m no accountant, but does saying we aren’t owed anything equate to already having the cash in the bank?
I don’t owe my builders merchants anything on my statement, but I will next month when this months purchases become due. So I’ve spent the money but don’t owe it.
I’m a believer in the report, but that’s just my opinion
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Re: can you believe this report

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Another few points in relation to transfer fees received.

The suggested transfer fee does not in its entirety go on the spreadsheet.

You can discount anywhere between 10-30% of the selling fee based on the following.

Contractual clauses amounting to loyalty bonuses, % of sell on fee to the player
Agents fees
Taxation and legal expenses.
Sell on fees to a previous club

Are to name but a few of the potential expenses to be deducted from the transfer fee agreed.
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Re: can you believe this report

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DDB220 wrote: Wed Oct 09, 2024 2:08 pm Another few points in relation to transfer fees received.

The suggested transfer fee does not in its entirety go on the spreadsheet.

You can discount anywhere between 10-30% of the selling fee based on the following.

Contractual clauses amounting to loyalty bonuses, % of sell on fee to the player
Agents fees
Taxation and legal expenses.
Sell on fees to a previous club

Are to name but a few of the potential expenses to be deducted from the transfer fee agreed.
I don't doubt what you say.

I'm sure you are far more knowledgeable about this than I.

But the mention of money owed on Raphinha was raised in Spain last year, Phil Hay said the club dismissed it.

Kieran Maguire has done a deep dive on our accounts and that's his area of expertise.

If was a reason we could still be owed money I'd think he'd have mentioned it?

And finally Marathe has had plenty of questions about money we owe etc, surely he'd have mentioned it if we were due £30mil, that's a big chunk of money.
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Re: can you believe this report

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Orange Box wrote: Wed Oct 09, 2024 2:00 pm I’m no accountant, but does saying we aren’t owed anything equate to already having the cash in the bank?
I don’t owe my builders merchants anything on my statement, but I will next month when this months purchases become due. So I’ve spent the money but don’t owe it.
I’m a believer in the report, but that’s just my opinion
So am I, everyone knows Barca pay over years.
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Re: Can you believe this report?

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Anyway, I don't think having the cash or not is our actual issue, our issue is balancing FFP and to solve that problem we need to get promoted
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Re: can you believe this report

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Cjay wrote: Wed Oct 09, 2024 2:12 pm I don't doubt what you say.

I'm sure you are far more knowledgeable about this than I.

But the mention of money owed on Raphinha was raised in Spain last year, Phil Hay said the club dismissed it.

Kieran Maguire has done a deep dive on our accounts and that's his area of expertise.

If was a reason we could still be owed money I'd think he'd have mentioned it?

And finally Marathe has had plenty of questions about money we owe etc, surely he'd have mentioned it if we were due £30mil, that's a big chunk of money.
No business airs their financial situation in public. They will only comply with regulatory reporting and even then submit the minimum detail. Quoting figures invites more questions.
You only have to look at our successive governments. They will quote black hole figures etc, but they rely on accountancy from within the various government departments. Whilst they may quote a headline amount, they know very little of how such a figure is reached and will simply regurgitate the same figure and ignore any questions that try to drill down into the amount.

It is dangerous territory to explain finances if you are not equipped to do so.
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Re: can you believe this report

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DDB220 wrote: Wed Oct 09, 2024 2:57 pm No business airs their financial situation in public. They will only comply with regulatory reporting and even then submit the minimum detail. Quoting figures invites more questions.
You only have to look at our successive governments. They will quote black hole figures etc, but they rely on accountancy from within the various government departments. Whilst they may quote a headline amount, they know very little of how such a figure is reached and will simply regurgitate the same figure and ignore any questions that try to drill down into the amount.

It is dangerous territory to explain finances if you are not equipped to do so.
I'm absolutely not.

But Maguire is, just think if it was normal for a club to leave out tens of millions of pounds they are still owed he'd have mentioned it.

Even just in passing, but he never has and has stated the opposite, that we are owed basically nothing.

Think if anything Barcelona owe a creditor the money that they used to pay us, I don't think the owe us anything
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Re: can you believe this report

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Cjay wrote: Wed Oct 09, 2024 11:37 am Actually no.

Unless the club are lying on the official accounts we are owed basically 0 from anyone pre this summer just gone.
Didn't Kinnear say on the square ball that we took lower fees on KP and Raphinha in order to receive the money up front?
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Re: can you believe this report

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andrewjohnsmith wrote: Wed Oct 09, 2024 5:14 pm Didn't Kinnear say on the square ball that we took lower fees on KP and Raphinha in order to receive the money up front?
Think so? We were pretty desperate from memory.

I think as said above maybe Barcelona do still owe the money bur it won't be to us imo.

Will be to whoever loaned it them in the first place
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Re: can you believe this report

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andrewjohnsmith wrote: Wed Oct 09, 2024 5:14 pm Didn't Kinnear say on the square ball that we took lower fees on KP and Raphinha in order to receive the money up front?
Yes he did, Andrew.
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Re: can you believe this report

Post by Ellandback1 »

YorkshireSquare wrote: Wed Oct 09, 2024 12:11 pm As Cjay says, it's bollocks!

We made £73m in player sale profits for the 2022-2023 year. The account also showed £190m in transfer fees, whilst only being owed £2m.
Exactly. I hate these made up reports just to stir the pot!!! :shock:
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Re: can you believe this report

Post by Carrick Dave »

andrewjohnsmith wrote: Wed Oct 09, 2024 5:14 pm Didn't Kinnear say on the square ball that we took lower fees on KP and Raphinha in order to receive the money up front?
This report apparently came about because the balance owing showed up on the Barca books and 2+2 made 5. The suggestion is that Leeds were paid in full and the outstanding amount is owed to a finance company.
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