[CONFIRMED] Richarlison Sell-on Clause?

Discussion in 'The Transfer List' started by hornetboy1, Feb 13, 2019.

  1. Chumlax

    Chumlax Squad Player

    It's in tandem with the post directly above it, also by me.
     
  2. lowerrous

    lowerrous First Team

    I generally agree with you, but even coming from your imagination that range is absurd.

    He's a player Spurs are fine to sell; his price floor could maybe be as low as around the c.£11mil they received for Kyle Walker-Peters (they also received £13mil for Juan Foyth).

    Meanwhile the most they've ever received for a player was c. £46mil for a young Kyle Walker; but they sold a slightly older Trippier for £19mil. Everton meanwhile have signed players like Allan for c. £21mil and Iwobi for c. £27mil.

    I reckon a realistic range would be more like £15mil-£30mil.

    But to help you out, in response to @Arakel , it seems feasible that Everton value Richarlison at around say £55mil total.

    They also might internally value Winks at say £20mil.

    However, in making the deal maybe they'd claim to us and the FA that they're selling Richarlison for just £35mil cash + £11mil for Winks, citing the KWP fee (so £46mil total), as opposed to the deal actually being worth the £35mil cash + £20mil for Winks (so £55mil total) they perceive it as.

    Thus we'd only get small sell-on from the claimed £46mil deal value (getting 10% of £6mil), as opposed to the sell-on from a £55mil deal (10% of £15mil) which we should have had.
     
    Last edited: Jun 27, 2022
  3. Arakel

    Arakel First Team

    There is a global transfer market that has upper and lower values for expected ranges for players of specific ability, backgrounds and playing careers. Making comparisons is almost certainly a trivial matter for anyone involved in the industry. If a club is setting a value at the lower end of what would be an acceptable and realistic range then no one is saying there is a problem. It's the unrealistic ones that are being discussed. If the approx market range is X to X+10, then clubs recording it as X isn't an issue because that's within the justifiable range.

    No idea what the Premier League has to do with any of this, they're a complete irrelevance.

    If your argument is that a court (because that's where all this would play out) wouldn't be capable of looking at an individual player and weighing an approximation of their value versus established ranges observed elsewhere in the the global market then we're just not going to agree.
     
  4. lowerrous

    lowerrous First Team

    See my post just above yours.
     
  5. The undeniable truth

    The undeniable truth First Team Captain

    I’m agreeing there’s a range of values. I think there’s a very wide subjective range and it would be almost impossible for a court to conclude that 2 clubs had agreed an artificial value for a transaction they had both willingly undertaken if it fell within that huge range. You seem to think that the value of a player like Winks is effectively set within a very narrow range and that the courts would quickly get involved if the value fell outside that range. Clubs in fact have very little scope to agree a price, they should just look up the player’s set value on a table, akin to the glasses guide / cap guide for cars. I guess we’ll just have to disagree.
     
  6. Supertommymooney

    Supertommymooney Squad Player

    So if I've got this right, Richarlison goes for £40m plus Winks, then we take our sell on fee as a percentage of Winks?

    Hopefully not the left foot.
     
  7. Arakel

    Arakel First Team

    Don't believe I ever mentioned anything about appropriate size of a range, narrow or otherwise. What I said that that players have values and you can approximate a reasonable range for those values based on what similar players command as fees.
     
  8. The undeniable truth

    The undeniable truth First Team Captain

    It’s the size of the range that can be ascribed that we disagree on. I believe there is more than enough width in that range for clubs to take advantage of for their own purposes such as in this situation. You don’t. Not sure there’s much more to say, we should just agree to disagree.
     
    Jumbolina likes this.
  9. Arakel

    Arakel First Team

    Don't believe I said that either.
     
  10. toffeeblue9

    toffeeblue9 First Year Pro

    What the media have failed to mention is that this sort of deal would not be beneficial to Everton

    It's well-publicised that Everton have overspent and as a result need to make a big sale or two in order to bring us closer in line with the Premier League profit and sustainability rules (PL version of FFP), because we have sailed close to the wind on it.

    Depressing the value of the Richarlison sale, just to get out of a couple of million going to Watford, wouldn't be in our interests at all. We need to realise the biggest fee we can. At the moment, based on the assumption Everton paid £40m for Richarlison, his book value is somewhere in the region of £13m - anything we sell him for above that is profit on the accounts and we want to make as much as we possibly can as it gives us the financial wiggle room to spend in the market.

    If Everton sell him for £60m but have to pay Watford £2m of that, we book a £45m profit - that profit goes on the books in one lump sum for the accounting year you sell him in

    Sign 5 players on 5 year contracts at £25m each and the cost on the books is only £25m per year as the transfer fee is spread across the length of the contract for the accounts. In other words, selling Richarlison and declaring as much profit as possible is the important thing as it allows us to sign more players than just the £60m headline fee suggests. Cash flow and capital aren't the issue at Everton, complying with the rules is.

    We may well sign Winks (hopefully only on loan), but it won't be part of the Richarlison deal officially
     
    Supertommymooney and lowerrous like this.
  11. The undeniable truth

    The undeniable truth First Team Captain

    You said that the valuation of the player would have to be at “fair value” and suggested this would remove Everton’s ability to devalue the purchase price. That’s what I was arguing against due to the subjectivity and huge range of what could count as fair value.
     
    lowerrous likes this.
  12. RS2

    RS2 Squad Player

    Luckily nobody cares whether this is beneficial to Everton.
     
  13. toffeeblue9

    toffeeblue9 First Year Pro

    It makes the conversation pointless.

    Everton need to make as much money as possible out of the deal - they won't be depressing the value of it to avoid giving Watford a few hundred grand
     
  14. LeedsOrn

    LeedsOrn Reservist

    But what if you sell Gordon too, inflating his fee and depressing Richarlison’s fee which was a key part of the initial question.
     
  15. The undeniable truth

    The undeniable truth First Team Captain

    Gordon is a moron if he doesn't take the option to move to Spurs.
     
    CYHSYF likes this.
  16. Jumbolina

    Jumbolina First Team

    Gordon is the balancing figure, so what you lose on Richarlison you make on Gordon if they are sold as a duo.
     
  17. toffeeblue9

    toffeeblue9 First Year Pro

    Whilst I can see the logic in this, given Gordon is pure profit, I highly doubt Everton will sell Gordon

    Calvert-Lewin and even Pickford are the more likely departures before Gordon. Gordon is an odd character, a bit of a home bird, he turned down a move to Bayern Munich a few years ago because he hated the idea of leaving home
     
    LeedsOrn likes this.
  18. Steve Leo Beleck

    Steve Leo Beleck Squad Player

    Certainly is. Seems far more interested in diving than actually playing football for the most part.
     
    luke_golden, Chumlax and RS2 like this.
  19. Steve Leo Beleck

    Steve Leo Beleck Squad Player

  20. Carpster

    Carpster Squad Player

    Is he still going out with Julie?
     
  21. onion8837

    onion8837 Reservist

    He'll cry all the way to the chip shop
     
  22. Carpster

    Carpster Squad Player

    It's not fair.
     
  23. TomWatfordFC

    TomWatfordFC Reservist

    Done deal, £50m plus add-ons. What does that mean for us?
     
  24. hornetboy1

    hornetboy1 First Team Captain

    That should mean £1m immediately, plus 10% of whatever add-ons are achieved during his stay at Spurs.
     
  25. RS2

    RS2 Squad Player

    £1m or £5m. I don't think anyone is sure.
     
  26. IRB

    IRB THe artist formally know as ImRonBurgundy?

    Duxbury himself said 10% of the profit, which is also the standard clause on these type of deals

    I know Lou is more hit than miss on this type of stuff but I don’t think he is correct that’s it’s 10% of the total

    Not like it matters either way, none of it will be reinvested in the playing squad
     
  27. LouOrns

    LouOrns First Year Pro

    I asked Andrew French and he said it’s of fee not profit, then I asked Bobble from Everton’s side of things and he also said fee not profit. Also just said on the latest podcast an hour ago that Watford will receive £5m. But like you say — none of it matters. Will be ending up in Mogi’s back pocket
     
    Last edited: Jun 30, 2022
    UEA_Hornet and IRB like this.
  28. Burnsy

    Burnsy First Team

    For what it’s worth, I’ve asked around and been told each time that it’s 10% of the fee.
     
    UEA_Hornet and IRB like this.
  29. The undeniable truth

    The undeniable truth First Team Captain

    My people are telling me it's 10% of the fee, not just the profit.
     
  30. Steve Leo Beleck

    Steve Leo Beleck Squad Player

    Are Everton run by morons?* Why would they agree to that?

    * To answer my own question, quite possibly.
     
    Arakel and Heidar like this.
  31. davisp2

    davisp2 Reservist

    It can't be 10% of the fee surely. If Gino / Duxbury have negotiated 10% of the fee, them they should be shouldered carried around the Vic at the first home game of the season
     
  32. Heidar

    Heidar Squad Player

    Spending half a billion to take a solid top half team towards relegation is quite the feat.
     
  33. The undeniable truth

    The undeniable truth First Team Captain

    No no no, because it will all go to Bayat I'm told....Booooooooooooooooo !!
     
    davisp2 likes this.
  34. davisp2

    davisp2 Reservist

    Got it. So we get 10% of the sell-on clause, and Bayat gets the rest. Sounds fair
     
  35. IRB

    IRB THe artist formally know as ImRonBurgundy?

    If that’s right then fair play to whoever struck the original deal, that’s an excellent clause for us

    Just seem Leventhal claiming £2m however
     
    CarlosKickaballs likes this.

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