| Ronnie Edwards 14:58 - Jan 8 with 32532 views | aston_hoop |
Deal done so say WLS, 4.5 million quid. Big money, big big money (for us) |  |
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| Ronnie Edwards on 18:41 - Jan 8 with 3781 views | stevec |
Very good signing but a bit suss with the ball over the top.
Nevertheless, good players aren’t cheap and players who remain fit are like gold dust. Don’t mind £4.5 mill if we can get JCS off the books, that’s been dead money for 3 of 4 seasons, probably not that far short of this £4.5 mill.
Morrison hasn’t really progressed but we’ll get money for him for sure.
Think we’re reaching the stage where the odd profit here and there is handy but chicken feed compared to the riches gained from going up. This league is pants this year and even if West Ham come down, it’ll still be overwhelmingly pants next year.
Fair play to the owners, seems they may be coming round to this. |  | | |
| Ronnie Edwards on 19:16 - Jan 8 with 3503 views | JamieNaz |
| Ronnie Edwards on 18:11 - Jan 8 by Hunterhoop |
It doesn’t matter who, to an extent.
These numbers are all fag packet maths and I’m sure are a little out, but not materially.
It can be 6m of income from players sales from anyone. But fans need to remember when those sales happen, the money doesn’t allow 6m of spend on new players; it is just covering the historic amortised spend. If you want new players, you need to sell more.
However, there is one caveat, if we sell someone who bought for £Xm and amortised the transfer fee for, and we sell them for less than we paid, we will have to book as a cost the outstanding amount amortised. So, hypothetically, if Kone fails, and we sell him after 2 years for £2m (a £2m loss on the £4m paid) we’d have to bring forward the outstanding £2m amortised to that financial year. This means, in effect, we’d have sold him for nothing as far as that year’s P&L is concerned.
This brings into light another key point of the amortised approach. You absolutely must sell the players you pay transfer fees (and amortise said fees) for more than you paid. If you can’t, you basically end up holding onto them until the last few months of their contract when selling them
or paying them off won’t incur much outstanding amortisation brought forward. I’m pretty confident this is why Taylor Richards hung around for so long. We paid £2-3m for him, I believe, and I reckon we amortised that. And in those years we were tight to FFP, we simply couldn’t f*ck him off because on top of the salary owed, we’d have had to write off at that point whatever amount was left amortised over his contract term. It’s another downside of the approach.
But, look, the upside is nice things. It means for a couple of years you can spend beyond your means (to use family life parlance). But just like credit cards, at some point you need more money coming in to pay off what you owe. Here we don’t “owe” anything, but without sales we’ll have a big PSR problem and end up needing a firesale.
The whole thing relies on regular income from player sales, either not the ones amortised, or those ones for bigger amounts than you paid for them.
I think there is potential for big money sales in Kone, Edwards, Saito, perhaps Poku if he stays fit all of next season and tears it up. I’m just a little worried about this summer. And there is no guarantees the summer after who that big ticket sale is.
Again, I come back to it, it’s why having a tip top fitness/physio/medical/Performance teams is so critical. No one’s value goes up when they are injured… |
Okay, but I thought it was more along the lines of:
Buy someone for 5 mil on 5 year contract.
Each year reduce the asset value by 1.
So, if you sold in final year of contract for 2.5 you book a 1.5 profit to that year's P&L?
Actually that's what you said.
I'm tired.
As far as I know Richards was very little up front ~450k with a number of add ons?
But, yes, a big sale does need to happen.
Someone needs to start attaching one of those electric collars to Varane and triggering it every time he fails to pass forwards. |  | | |
| Ronnie Edwards on 19:20 - Jan 8 with 3464 views | Hunterhoop |
| Ronnie Edwards on 19:16 - Jan 8 by JamieNaz |
Okay, but I thought it was more along the lines of:
Buy someone for 5 mil on 5 year contract.
Each year reduce the asset value by 1.
So, if you sold in final year of contract for 2.5 you book a 1.5 profit to that year's P&L?
Actually that's what you said.
I'm tired.
As far as I know Richards was very little up front ~450k with a number of add ons?
But, yes, a big sale does need to happen.
Someone needs to start attaching one of those electric collars to Varane and triggering it every time he fails to pass forwards. |
Yeah, that’s it. Point is, if you sell someone for less than you bought before their contact is up you have to offset some amortised fee against the fee you bring in.
It’s all manageable. It’s something lots of clubs does. And we’re clearly not as reckless as Chelsea (bigger fees, 8 yr contracts, etc) but our revenue is a lot lots lower too.
It’s workable and can work well so long as you sell a decent amount every year. That relies on Nourry’s bets (our signings for transfer fees) coming off more often than not. And we keep signing well. |  | | |
| Ronnie Edwards on 19:21 - Jan 8 with 3458 views | derbyhoop |
Are we getting the Ronnie on loan OR the one who can't get close to Southampton's defence?
4.5m is a lot of money for us. But, the club are, surely, going to clear some high earners off the books this Summer. Cook, Frey and Nardi the most obvious.
If we get the good Ronnie, then the fee will soon be forgotten. |  |
| "Travel is fatal to prejudice, bigotry and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the Earth all one's lifetime." (Mark Twain)
Find me on twitter @derbyhoop and now on Bluesky |
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| Ronnie Edwards on 19:33 - Jan 8 with 3351 views | Gus_iom |
| Ronnie Edwards on 15:26 - Jan 8 by BrianMcCarthy |
I presume the medical will be extensive:
1) Have you cut your hair recently?
2) Have you plans to cut your hair?
3) Have you changed your shampoo or conditioner?
4) Something about legs or something....
5) Have you enough hairbands? |
When I'm Lord Emperor, men won't be wearing alice bands, hairbands, or any of that shit. There will be a public shaming.
Boy bands will also be banned. | |
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| Ronnie Edwards on 19:44 - Jan 8 with 3243 views | Wegerles_Stairs |
Play-offs, here we come! | | | |
| Ronnie Edwards on 19:48 - Jan 8 with 3222 views | DannyPaddox |
| Ronnie Edwards on 17:36 - Jan 8 by dmm |
To be fair, I've been bizarrerer |
… and that’s just this year x |  | | |
| Ronnie Edwards on 19:58 - Jan 8 with 3120 views | Dorse |
I fully expect to see an upsurge in female attendance and a lot of confused-looking blokes in the Loft struggling to understand these new strange feelings every time Ronnie brings the ball out of defence. Are we happy to see play progressing? Or is it something more? And why didn't it feel this way when balding, scrotum-faced defenders of yesteryear did the same...?
What? |  |
| 'What do we want? We don't know! When do we want it? Now!' |
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| Ronnie Edwards on 20:10 - Jan 8 with 2999 views | silky |
I'm absolutely with Hunterhoop on this. I'm happy it looks like we've got Ronnie. He'll fit in and hopefully it's the Loan Ronnie we get. It is a lot of wedge for today's QPR. In a position that isn't really needed on paper.
But we need to be keeping our best players fit and fattened up for sales if this model is going to work.
Let's be honest, there is no one absolutely outstanding in this division in our squad. Loads of potentials but we need those to be fit, ripe and performing over 70% of the playing season for top sales to come in.
I'd definitely be investing some of whatever money we have in overhauling or getting in people who fully understand sport science and conditioning to keep these players fitter and stronger for longer.
Welcome Ronnie, seats still warm. I'm sure he'll score against Saints for us when we next play them. |  |
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| Ronnie Edwards on 20:17 - Jan 8 with 2952 views | priceyparkrangers |
Would be a fantastic signing.
Great player, very young, England u21 caps, good price
4.5 million is nothing in today’s market, we can’t forget that it’s a lot to us but nothing to a team like Southampton
Anyone who doesn’t think we need him is mad - we’ve used Cook virtually every game this season and conceded the second most goals in the entire league! [Post edited 8 Jan 20:22]
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| Ronnie Edwards on 20:28 - Jan 8 with 2828 views | eastside_r |
| Ronnie Edwards on 15:49 - Jan 8 by Northernr |
Decision to record the latest Patreon podcast last night looking shrewder and shrewder by the minute. |
I dunno. Do I pay my subs for 45 minutes of Barry White?  |  | | |
| Ronnie Edwards on 20:32 - Jan 8 with 2796 views | WorthingR |
Fantastic signing, awesome player. Really pleased abut this.
We're still a bit light at full-back though, especially if RND returns to his parent club anytime soon. Maybe going to back three is the grand plan. I can absolutely see Ronnie as a sweeper type CB, carrying the ball out of defence.
Probably not, but it sure would suit him. |  | | |
| Ronnie Edwards on 20:45 - Jan 8 with 2691 views | 1JD |
| Ronnie Edwards on 20:10 - Jan 8 by silky |
I'm absolutely with Hunterhoop on this. I'm happy it looks like we've got Ronnie. He'll fit in and hopefully it's the Loan Ronnie we get. It is a lot of wedge for today's QPR. In a position that isn't really needed on paper.
But we need to be keeping our best players fit and fattened up for sales if this model is going to work.
Let's be honest, there is no one absolutely outstanding in this division in our squad. Loads of potentials but we need those to be fit, ripe and performing over 70% of the playing season for top sales to come in.
I'd definitely be investing some of whatever money we have in overhauling or getting in people who fully understand sport science and conditioning to keep these players fitter and stronger for longer.
Welcome Ronnie, seats still warm. I'm sure he'll score against Saints for us when we next play them. |
No worries, we’ve got a cycling fitness coach in to run the ship, with zero background in football. Fully qualified. | | | |
| Ronnie Edwards on 21:08 - Jan 8 with 2503 views | golborne |
Am I right in saying that’s a 1.5m profit for them on a player not deemed to have
sufficient body heat to warm their bench. Pretty good model.
I think he did well in a poor side last year, but 4.5m…hope it works out | | | |
| Ronnie Edwards on 21:12 - Jan 8 with 2461 views | JamesB1979 |
| Ronnie Edwards on 21:08 - Jan 8 by golborne |
Am I right in saying that’s a 1.5m profit for them on a player not deemed to have
sufficient body heat to warm their bench. Pretty good model.
I think he did well in a poor side last year, but 4.5m…hope it works out |
Might be 4.5m all in with add-ons I would think. Also, I think in summer it was closer to 6m-7m they were after [Post edited 8 Jan 21:13]
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| Ronnie Edwards on 21:18 - Jan 8 with 2420 views | francisbowles |
| Ronnie Edwards on 20:32 - Jan 8 by WorthingR |
Fantastic signing, awesome player. Really pleased abut this.
We're still a bit light at full-back though, especially if RND returns to his parent club anytime soon. Maybe going to back three is the grand plan. I can absolutely see Ronnie as a sweeper type CB, carrying the ball out of defence.
Probably not, but it sure would suit him. |
Isn't that the system that Southampton don't pick him for? | | | |
| Ronnie Edwards on 21:53 - Jan 8 with 2229 views | BristolR |
| Ronnie Edwards on 19:33 - Jan 8 by Gus_iom |
When I'm Lord Emperor, men won't be wearing alice bands, hairbands, or any of that shit. There will be a public shaming.
Boy bands will also be banned. |
I initially read that as pubic shaving
Carry on |  | | |
| Ronnie Edwards on 22:00 - Jan 8 with 2160 views | Gus_iom |
| Ronnie Edwards on 21:53 - Jan 8 by BristolR |
I initially read that as pubic shaving
Carry on |
Meet my new head of policy. | |
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| Ronnie Edwards on 22:06 - Jan 8 with 2103 views | Myke |
| Ronnie Edwards on 21:08 - Jan 8 by golborne |
Am I right in saying that’s a 1.5m profit for them on a player not deemed to have
sufficient body heat to warm their bench. Pretty good model.
I think he did well in a poor side last year, but 4.5m…hope it works out |
Nothing like that when you subtract his wages and Peterborough’s cut. I’m very pleased about this. We are 5 pages deep and he hasn’t even signed yet! | | | |
| Ronnie Edwards on 22:06 - Jan 8 with 2101 views | francisbowles |
| Ronnie Edwards on 19:20 - Jan 8 by Hunterhoop |
Yeah, that’s it. Point is, if you sell someone for less than you bought before their contact is up you have to offset some amortised fee against the fee you bring in.
It’s all manageable. It’s something lots of clubs does. And we’re clearly not as reckless as Chelsea (bigger fees, 8 yr contracts, etc) but our revenue is a lot lots lower too.
It’s workable and can work well so long as you sell a decent amount every year. That relies on Nourry’s bets (our signings for transfer fees) coming off more often than not. And we keep signing well. |
I understand all that Hunter. However if we didn't sell anyone, couldn't we still sign players? Wouldn't it just mean that our FFP allowable loss was reduced by the amortisation amount? So if the FFP figure was £14.5 million, we would only have £8.5 million headroom that year and subsequent years we didn't sell. | | | |
| Ronnie Edwards on 22:17 - Jan 8 with 2014 views | Lblock |
| Ronnie Edwards on 17:02 - Jan 8 by Hunterhoop |
It’s a hugely exciting signing because he looked class when he was with us last year.
I think at £4.5m there is definitely scope to sell him on for 3x that in 2-3 seasons.
All that said, with all the transfer fees were amortising over the coming 3-4 seasons now, we need a good player sale this year and every year.
Across the likes of Madsen, Celar, Dembele, Kone, Poku, Burrell, Saito, now Edwards, plus some of the smaller signings, I reckon we’ll have spent 23-25m. It was at least 18m before this signing. Let’s say 24m for ease of maths and we’re amortising all of those fees over 4 years, we have a 6m hit every season in the P&L against PSR for the next 3 seasons.
Without a sale to the tune of £6m we’ll be making a net loss on transfer fees in the coming years without signing anyone. If we want to reinvest, it needs to be more than £6m. This model doesn’t work if you wait several years in the hope of selling someone for £30m because by then you might have breached PSR, and everyone will know you need to sell so your leverage is gone.
So…Who are we selling in the summer for c. £6m?
This is where my issue with our Head of Performance comes in. We have to keep these assets fit and on the field so their value rises. If I was Nourry, I’d be bringing in a better person here to enable it because it’s critical to his model.
Burrell could have been that summer sale, but if he’s out for 2-3 months, he’s probably not fetching that money after one, injury hit season.
JCS? Can’t get him on the pitch and no one is paying money for him.
Chair? Age and injuries.
Madsen? Perhaps. Age might be a slight issue, and we spent 3-4m on him originally. Possible. But we then need to replace.
Poku? Looking like he could be a busted flush with 2 hamstring injuries already
Dembele? Looking like a busted flush currently. Might change.
Varane? Obviously the one we should sell, but I don’t see us getting £6m up front for him given his form.
Field? Age and salary an issue, and he’s not playing enough.
Kone? Needs more goals. Hasn’t scored enough to justify someone spending more than what we paid.
Saito? Is his form good enough to command more yet?
Kolli? Nourry has been presented with that gift by the previous regime, but we don’t seem to be treating him like a potentially big sale.
This is where my concern is. In isolation I think the Edwards deal makes sense and I’m happy about it. But I am worried about where the sales are coming from this summer and possible next season to cover the amortised costs of the all the transfer fees we’re making.
Our approach is a gamble. It relies on making decent sales every season. To be fair to Nourry, Kelman covered half, maybe more, of what was required in the summer, and the previous regime gave him another massive gift with the Eze money this season. So this season, I think we can more than afford Edwards. And to be fair again, Nourry got money for Armstrong and Dykes the summer before. So we’re probably okay to date. But if we want to be able to keep reinvesting in the squad and not be stuck with the same squad for 2-3seasons before a fire sale is required, we need to bring in +£6m this summer and next, and next, and so on.
Perhaps Frey and Morrison might bring in something this Jan to tide this season over? Here’s hoping.
As a fanbase we have to be aware, we can have nice things like this, but we must sell to enable it and prevent an eventual fire sale or PSR breach, both of which could bring about relegation.
So, Great signing. Concerned with who we’re selling this summer to enable the amortisation model. |
Says it all.
Question for those surprised at the fee (and to stress this could be the overall sum including potential add ons or delayed payments subject to milestones):-
Would you agree Ronnie was a BIG contributor to us staying up last year - a vital player in that respect?
If so then £4.5mill to avoid relegation is a great payment balance.
That was in a side that almost everyone universally agreed was a much worse one than this season in terms of ability and commitment. Therefore he could contribute even more in a superior squad.
I remain convinced he’ll play at an extremely high level.
Everything I saw for five months backs that up and I hope he develops here…. IF he signs.
RE: the Saints lack of playing time.
Maybe, just maybe, he became unsettled and disillusioned there after loving his time here. We know better than any other club that sometimes it just doesn’t click for a player. |  |
| Cherish and enjoy life.... this ain't no dress rehearsal |
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| Ronnie Edwards on 22:20 - Jan 8 with 1982 views | bosh67 |
£4.5m is a lot of money for Ronnie Edwards, but apparently his wages will be sponsored by L'Oréal... Because he's worth it. |  |
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| Ronnie Edwards on 22:42 - Jan 8 with 1827 views | Dorse |
Silly question alert: if Ronnie passes our stringent medical ('Now, turn your head and cough...'), will he be eligible for the West Ham game? Or does he have to be registered by a specific date / time? | |
| 'What do we want? We don't know! When do we want it? Now!' |
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| Ronnie Edwards on 22:48 - Jan 8 with 1779 views | numptydumpty |
| Ronnie Edwards on 17:02 - Jan 8 by Hunterhoop |
It’s a hugely exciting signing because he looked class when he was with us last year.
I think at £4.5m there is definitely scope to sell him on for 3x that in 2-3 seasons.
All that said, with all the transfer fees were amortising over the coming 3-4 seasons now, we need a good player sale this year and every year.
Across the likes of Madsen, Celar, Dembele, Kone, Poku, Burrell, Saito, now Edwards, plus some of the smaller signings, I reckon we’ll have spent 23-25m. It was at least 18m before this signing. Let’s say 24m for ease of maths and we’re amortising all of those fees over 4 years, we have a 6m hit every season in the P&L against PSR for the next 3 seasons.
Without a sale to the tune of £6m we’ll be making a net loss on transfer fees in the coming years without signing anyone. If we want to reinvest, it needs to be more than £6m. This model doesn’t work if you wait several years in the hope of selling someone for £30m because by then you might have breached PSR, and everyone will know you need to sell so your leverage is gone.
So…Who are we selling in the summer for c. £6m?
This is where my issue with our Head of Performance comes in. We have to keep these assets fit and on the field so their value rises. If I was Nourry, I’d be bringing in a better person here to enable it because it’s critical to his model.
Burrell could have been that summer sale, but if he’s out for 2-3 months, he’s probably not fetching that money after one, injury hit season.
JCS? Can’t get him on the pitch and no one is paying money for him.
Chair? Age and injuries.
Madsen? Perhaps. Age might be a slight issue, and we spent 3-4m on him originally. Possible. But we then need to replace.
Poku? Looking like he could be a busted flush with 2 hamstring injuries already
Dembele? Looking like a busted flush currently. Might change.
Varane? Obviously the one we should sell, but I don’t see us getting £6m up front for him given his form.
Field? Age and salary an issue, and he’s not playing enough.
Kone? Needs more goals. Hasn’t scored enough to justify someone spending more than what we paid.
Saito? Is his form good enough to command more yet?
Kolli? Nourry has been presented with that gift by the previous regime, but we don’t seem to be treating him like a potentially big sale.
This is where my concern is. In isolation I think the Edwards deal makes sense and I’m happy about it. But I am worried about where the sales are coming from this summer and possible next season to cover the amortised costs of the all the transfer fees we’re making.
Our approach is a gamble. It relies on making decent sales every season. To be fair to Nourry, Kelman covered half, maybe more, of what was required in the summer, and the previous regime gave him another massive gift with the Eze money this season. So this season, I think we can more than afford Edwards. And to be fair again, Nourry got money for Armstrong and Dykes the summer before. So we’re probably okay to date. But if we want to be able to keep reinvesting in the squad and not be stuck with the same squad for 2-3seasons before a fire sale is required, we need to bring in +£6m this summer and next, and next, and so on.
Perhaps Frey and Morrison might bring in something this Jan to tide this season over? Here’s hoping.
As a fanbase we have to be aware, we can have nice things like this, but we must sell to enable it and prevent an eventual fire sale or PSR breach, both of which could bring about relegation.
So, Great signing. Concerned with who we’re selling this summer to enable the amortisation model. |
Hey no need worry - where the money is coming from
89 minutes 42 seconds 2025/ 2026 play off final...
" Bu rr ell - Unbelievable !! "
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| Ronnie Edwards on 23:09 - Jan 8 with 1661 views | Monkey_Roots |
| Ronnie Edwards on 15:48 - Jan 8 by dmm |
I'm pleased but I also wonder where that leaves the likes of Smith, Akindileni and others in the DS.
Cook will leave in the summer so that's a slot. And JCS; well who knows?
Maybe I've answered my own question. |
I really like Smith, I hope he joins the Squad soon to get some minutes here and there.
I’m loving this news about Handsome Ronnie Edwards, too.
Our last window was easily the best for years, and this has already satisfied me.
Great work by the club. |  | | |
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