Tim Iroegbunam

This is the new NSNO Everton forum to discuss the Mighty Blues
Escalator
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Granite wrote: Sat Jun 22, 2024 11:51 am Think only a 3 year deal is pretty telling. Not exactly trying to tie down a wonder kid.

Still, give him the benefit of the doubt and back him to make an impression.
Could also be that his management/agent see a brighter future for him and don’t want him tied down for longer, I would have thought that given our still fragile financial situation we would have been keen to amortise his fee over a longer period ?
Kerryblueboy
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He won’t play here I bet just moving these guys around to beat psr kinda wrong for the players involved
Toffee1
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Trowel
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I love a nice Thuddlestone-esque lazy backswing.
TheRam
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Happy with this.

Pretty much replacing Gomes.
Cozzie
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Told you the G would he silent 😎
Bluedylan1
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So PSR leads to people trafficking?
Escalator
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I don’t really understand all this PSR talk, how does it work if say We sold Dobbin for £20million and bought Timmy for £20 million, how does that help us or Villa ?
superpull
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Escla wrote: Sat Jun 22, 2024 12:40 pm I don’t really understand all this PSR talk, how does it work if say We sold Dobbin for £20million and bought Timmy for £20 million, how does that help us or Villa ?
In terms of actual cash flow - it doesn't.

But this year's revenue (ending at the end of the month) is inflated by £10m for us both whilst our outgoings are only increased by £3.33 million due to the way you spread purchases over the length of a contract.

So both us and Villa have spent zero pounds but created a £6.66m PSR uplift.

It won't last forever, as we're also down by £3.33m for the next 2 years as well - but the rules are expected to change by then to a wage-based system
TheRam
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Escla wrote: Sat Jun 22, 2024 12:40 pm I don’t really understand all this PSR talk, how does it work if say We sold Dobbin for £20million and bought Timmy for £20 million, how does that help us or Villa ?
We buying this lad for £10m.

Villa can put it on their books as £10m profit. We won’t really be paying £10m it’ll be all spread out.
777Kidnappings
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Escla wrote: Sat Jun 22, 2024 12:40 pm I don’t really understand all this PSR talk, how does it work if say We sold Dobbin for £20million and bought Timmy for £20 million, how does that help us or Villa ?

Selling gives you the 20m straight away in terms of PSR and buying is a percentage each year for the length or the contract

So we gain 20 and loss 6.6 a year for 3 years
Escalator
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Got it ! Thanks all
MayorFarnham
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superpull wrote: Sat Jun 22, 2024 12:46 pm In terms of actual cash flow - it doesn't.

But this year's revenue (ending at the end of the month) is inflated by £10m for us both whilst our outgoings are only increased by £3.33 million due to the way you spread purchases over the length of a contract.

So both us and Villa have spent zero pounds but created a £6.66m PSR uplift.

It won't last forever, as we're also down by £3.33m for the next 2 years as well - but the rules are expected to change by then to a wage-based system
Always good to have a reminder of how I fell in love with football.
NomadskiEFC
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Think I’ll just be calling him Tim.
Cozzie
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Big Robes.
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