Newcastle have signed full-back Jamal Lewis from Norwich City on a five-year contract.
Lewis, 22, is the fifth player to move to St James' Park in the summer transfer window.
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Everton have confirmed the signing of Abdoulaye Doucoure from Watford on a three-year contract for around £20m.
The French midfielder joins the Blues to further bolster Carlo Ancelotti's midfield options ahead of the 2020/21 season getting underway, following the addition of Allan from Napoli over the weekend.
Newcastle have signed full-back Jamal Lewis from Norwich City on a five-year contract.
Lewis, 22, is the fifth player to move to St James' Park in the summer transfer window.
Aston Villa are closing in on a club-record deal for Brentford striker Ollie Watkins after agreeing a fee of £28m which could rise to £33m with add-ons.
Villa moved swiftly for the 24-year-old forward after failing in a bid to sign Callum Wilson from Bournemouth.
The England striker preferred to make a £20m move to Newcastle United.
Watkins was a key player for The Bees last season, scoring 26 goals as they missed out on promotion against Fulham in the Championship play-off final.
But no clubs are spending money!!
At least we've signed cadbury's
Last edited by Kev0909; 8th September 2020 at 08:00 PM.
Im not sure how the guardian piece was supposed to help, doesnt seem very on point.
I had a reply that was timed out a quick reply.
I understand the amortisation as such, in reality we pay fees up front for the most part.
With Mane say at 35mill, we'll have paid 28 of his fee on our accounts now with the last installment this season.
Were we to sell Mane tomorrow for £35 mill, with amortisation paid already we would register a 28 mill profit.
Traditionally speaking wed see that as a no profit/loss sale or breaking even.
Were we to sell him for 150mill, amortised accounting practices would give us a 143mill profit.
Whereas most would say we made a 115 mill profit.
Off transfermarkt:
Prior to Klopps arrival - 5 seasons - net spend was £195 mill
Since klopps arrival - 5 seasons - £72 mill
Our wage bill still remains in what would be deemed a healthy range of turnover. Our top players arent being paid that much more than Lovren or Gerrard in the pre-klopp era.
Since the 3 seasons SR looked at weve seen high/higher waged but underperforming players leave:
Sturridge, Ings, Clyne, Moreno, Lallana, Lovren, Migno
With only Adrian, Minamino and Tsimikas arriving.
So if revenue has grown, above the real term rise in costs, leaving a surplus.
If wages are stable and healthy enough.
How can a net spend of 123 million less mean the club cant spend any money and certainly not like it did in the years prior to Klopp.
Those years prior to Klopp had early exits from Europe, no consistemt top 4/CL finishes, no titles, less revenue, less revenue available tv money and a rather similar wages as a % of turnover iirc.
Were FSG running LFC into the ground in the pre-Klopp era (5 years) as per SRs thread ?
Again I'm going to assume that your 'naivety' is down to your age.
As I said before, one day you'll learn that what people say/spin/release, and what the 'reality' of things is, are very often two vastly different things, especially when it comes to big business (which is what we/FSG are) and politics. I have given you plenty of reasons (as have others) as to why logically/almost certainly there is a disparity between what we are being lead to believe is our financial position, and what it actually is. I cannot say exactly what our finances are simply because none of us have access to our books, however ALL big businesses manipulate their finances as much as possible in order make/save themselves as much as possible. I can tell you that is a fact as a past student of finance and as someone who has lived long enough and seen enough to know how the real world operates, something that many young people (you included) think they know, but really don't.
I'm sorry Bali but in this case you are wrong, but you simply won't be convinced because you lack the logic, experience and common sense needed in order to see through the BS. You will only be convinced if someone can magic up our accounts, but unfortunately that is never going to happen. If you want to believe the spin/BS that people like FSG put out (why wouldn't they when people like you lap it up?) then so be it, but anybody/everybody with an ounce of those three things I mentioned in the first line of this paragraph knows that FSG are spinning things to make it look like we don't have a pot to pee in. I mean they tried to save even more money via furloughing staff FFS!!! Of course the reigning PL and WCC champions, the 2019 CL winners, and the FIFTH MOST VALUABLE brand in world football who have just signed potentially the largest sponsorship deal in British football history are broke.
Unless we suddenly go into administration and have a mass fire sale, nothing will convince me I'm wrong, which I'm not. I mean FFS Bali, If we are broke now, how much money did we have a few years back before our recent succeses when FSG decided to build a new stand and training ground? Think about it.
Some people.
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