@seankeane77@OldWassel@VerminusM Oh I read it.
And with all due respect, I’m inclined to believe that more than I am some random bloke on the internet!
@AidanKe67945088@OldWassel@seankeane77@VerminusM He answered the question pretty clearly as far as I can see.
Join the allies and fight the Nazis.
Which part of that did you fail to comprehend?
@BarcaUniversal@sport Gordon’s net book value in Newcastle’s accounts is c£12m (3 1/2 years amortisation of c£40m purchase).
€80m (c£70m) sale would be a profit on player sale of c£58m.
15% of that profit is c£8.7m.
@BarcaUniversal@sport Gordon’s net book value in Newcastle’s accounts is c£12m (3 1/2 years amortisation of c£40m purchase).
€80m (c£70m) sale would be a profit on player sale of c£58m.
15% of that profit is c£8.7m.
@Nufc__Tom@GeordieKermit9 The squad cost takes into account what Howe inherited which surely has to be the measure to judge him on.
He’s had us punching above that financial ranking for the majority of his tenure.
I’d suggest that should afford him one underperforming season without peddling him.
@Nufc__Tom@GeordieKermit9 NUFC have the 8th highest income and 7th highest squad costs (wages + transfer amortisation) in the last set of released accounts (24/25).
Kermit is right. Howe has had us punching above our financial weight in his first 4 seasons in charge.
@ToonPolls I wonder if any visionary put a few quid on Boro to get promoted after they lost to Southampton.
I seem to recall somebody doing similar with Denmark when they won the Euros after Yugoslavia were disqualified.
@NUFCgallowgate@SebEcrivainFoot The profit on player sale which hits the accounts will be based on purchase price less Gordon’s NBV.
His NBV is about £20m (2.5 years through a 5 year contract in the summer).
£70m - £20m = £50m.
15% X £50m = £7.5m.