The NSNO Everton Forums

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 ?

He won’t play here I bet just moving these guys around to beat psr kinda wrong for the players involved

I love a nice Thuddlestone-esque lazy backswing.

Happy with this.

Pretty much replacing Gomes.

Told you the G would he silent

So PSR leads to people trafficking?

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 ?

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

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.

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

Got it ! Thanks all

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.

Think I’ll just be calling him Tim.

Big Robes.