Arsenal banter 70934

 

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09 Jul 2019 21:07:19
when signing players who are out of contract, or who's contracts are running out why give them massive wages rather than a large signing on fee instead and keep the wages reasonable, because with high wages it makes them near impossible to sell on, but with normal wages they can be sold on then some of the money recouped through a transfer fee, is it an accounting or cash flow thing, it makes no sence to me, or is this a tax thing for the players? does anyone know why it is done this way?

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09 Jul 2019 21:45:43
It's a fair comment Rick, I suppose ( but don't know ) It's because over 5 years we will pay Mesut nearly 90 million in wages on a month by month basis but if we'd given him say a 60 million signing on fee and 150k a week we'd have had to found that 60 million up front, that's just my guess.
I actually think we'd be better off setting a maximum pay limit on what we pay a week no matter to who and simply sell any player with two years left on his contract if he won't extend his stay on our best terms.
We've tried buying players loyalty and commitment and it simply hasn't worked, if you think about all the excessive wages we've paid Mesut Theo Jack and others over the years it's mind blowing, especially when you consider how it worked out for us, obviously Jack Mesut and Theo aren't complaining though because it worked very well for them.

10 Jul 2019 07:39:00
That’s what we used to do when we had a wage structure, a friend of a friend worked for Arsenal, and he said we use to pay big signing on fees so the wages wouldn’t go over a certain amount.

10 Jul 2019 08:53:17
It makes lots of sense apart from the initial up front signing on fee which would probably be a problem for us right now.

{Ed002's Note - You should all stop thinking about money and coming up with these ridiculous ideas.}

10 Jul 2019 11:07:14
Ed I was told of this by someone who sorted that type of money out at the club but this was in 15/ 20 years ago.

10 Jul 2019 11:23:22
Ed002, are you saying that my idea to wait for the DOW to stagnate and then inject VC funds from a volatile 401K linked to the Nikkei, which in itself was leveraged from corporate bonds tied to the NASDAQ, is a bad idea? How dare you, sir? How very dare you? And I didn't even go into performance dividends sprung from the FTSE!

10 Jul 2019 14:18:48
Better to invest your money in the good old £ Sharpie mate, much like Arsenal it's only a matter of time before It's a top top currency once again, coy£ :-)

10 Jul 2019 15:39:06
I am very interested on how clubs do these deals. Especially looking at ozils wage.







 

 

 
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