£27m for Wood - should we just pay it to MSD?

[NewClaret]

So, heard today that Wood’s agent and transfermarkt are quoting the Wood fee as being £27m. TWENTY SEVEN MILLION POUNDS

Most on here seem to be: a) very concerned about the debt, and b) convinced we won’t be able to attract any new players of decent quality anyway “who’d want to come here?”.

So, should we just pay MSD the money and half the alledged debt? How would you all feel about that given your concerns? Or would you rather buy players and hold all the debt if we go down?

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more, so would it be such a bad outcome to hold half the debt at the end of the window, without being significantly weaker than we were going in to it? I’d bet Vydra would get 3 in 17.

[Leisure]

So, heard today that Wood’s agent and transfermarkt are quoting the Wood fee as being £27m. TWENTY SEVEN MILLION POUNDS

Most on here seem to be: a) very concerned about the debt, and b) convinced we won’t be able to attract any new players of decent quality anyway “who’d want to come here?”.

So, should we just pay MSD the money and half the alledged debt? How would you all feel about that given your concerns? Or would you rather buy players and hold all the debt if we go down?

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more, so would it be such a bad outcome to hold half the debt at the end of the window, without being significantly weaker than we were going in to it? I’d bet Vydra would get 3 in 17.

Probably not with a hernia though!

[Burnleyareback2]

So, heard today that Wood’s agent and transfermarkt are quoting the Wood fee as being £27m. TWENTY SEVEN MILLION POUNDS


Most think Vydra should play more

Most- he has a very noisy fan club, suspect it’s the loud few rather than the majority.

[ksrclaret]

It’ll be £37m this time next week.

But probably is the answer to the question.

[NewClaret]

Probably not with a hernia though!

Didn’t have the op due to Covid and training apparently.

Being honest, part of me wonders how much that has been a long-standing niggle he can get by with, but we flagged during the Covid issues.

[KRBFC]

Why the F should the clubs income pay for ALK's debts?

I wouldn't mind if it was income generated from ALK (like an ALK signing generating profit to then pay towards the debt) but selling players who were here before ALK to pay off their debt is morally wrong.

[GodIsADeeJay81]

It's business, morals don't come into it

I don't think the money should be used to pay off the debts, they need to improve the first team squad to ensure they can continue to grow the club whilst in the PL.

[NewClaret]

Why the F should the clubs income pay for ALK's debts?

I wouldn't mind if it was income generated from ALK (like an ALK signing generating profit to then pay towards the debt) but selling players who were here before ALK to pay off their debt is morally wrong.

I agree. But if you’re so worried about it damaging the long term future of the club, and you love the club so much, surely you’d accept it as a good outcome? Especially since nobody would have valued Wood so highly (effectively free cash), anyway.

[ClaretTony]

So, heard today that Wood’s agent and transfermarkt are quoting the Wood fee as being £27m. TWENTY SEVEN MILLION POUNDS

Most on here seem to be: a) very concerned about the debt, and b) convinced we won’t be able to attract any new players of decent quality anyway “who’d want to come here?”.

So, should we just pay MSD the money and half the alledged debt? How would you all feel about that given your concerns? Or would you rather buy players and hold all the debt if we go down?

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more, so would it be such a bad outcome to hold half the debt at the end of the window, without being significantly weaker than we were going in to it? I’d bet Vydra would get 3 in 17.

Do you know the terms of the loan from MSD? Would it be possible to pay some off? I thought we were paying interest only and then having to find a lump sum at the end.

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more? Don't include me in that, and some figures for you, Vydra's scored 7 Premier League goals for us in 27 starts and 48 sub appearances. Wood scored 49 in 127 starts and 17 sub appearances.

[KRBFC]

Do you know the terms of the loan from MSD? Would it be possible to pay some off? I thought we were paying interest only and then having to find a lump sum at the end.

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more? Don't include me in that, and some figures for you, Vydra's scored 7 Premier League goals for us in 27 starts and 48 sub appearances. Wood scored 49 in 127 starts and 17 sub appearances.

Vydra has that odd thing with Burnley fans where players become better the less they play, it's always been a thing, not sure if it's just a Burnley thing. He certainly isn't the answer

[BurnleyFC]

Vydra has that odd thing with Burnley fans where players become better the less they play, it's always been a thing, not sure if it's just a Burnley thing. He certainly isn't the answer

Neither is Jay or Barnes, unfortunately.

[ClaretTony]

Vydra has that odd thing with Burnley fans where players become better the less they play, it's always been a thing, not sure if it's just a Burnley thing. He certainly isn't the answer

He becomes world class when he's not playing. The less he plays the better he gets.

[KRBFC]

I agree. But if you’re so worried about it damaging the long term future of the club, and you love the club so much, surely you’d accept it as a good outcome? Especially since nobody would have valued Wood so highly (effectively free cash), anyway.

What do you mean free cash? we spent £16m on him and paid him a good salary for 5 years, we probably recouped exactly what he cost us, obviously discounting the TV income his goals earnt us in survival.

[KRBFC]

Neither is Jay or Barnes, unfortunately.

I agree with Jay, I'm unsure about Barnes, have we seen him get a solid run in the side without these niggly injuries? seems to have been consistently in and out the last 2 years or so. I think Barnes COULD have something to offer with a better strike partner than Wood.

[boatshed bill]

He becomes world class when he's not playing. The less he plays the better he gets.

I seem to recall the videos of him in the Championship where he was picking the ball up in midfield and scoring from deep.
That's never going to happen because we don't use him like that...
and if we did he'd get nowhere near that amount of room to advance

[NewClaret]

He becomes world class when he's not playing. The less he plays the better he gets.

Bit like Roberts.

[NewClaret]

What do you mean free cash? we spent £16m on him and paid him a good salary for 5 years, we probably recouped exactly what he cost us, obviously discounting the TV income his goals earnt us in survival.

I mean it was a windfall cash lump sum that nobody would expect us to be offered or achieve for a 30 yo whose best years are definitely behind him.

[ClaretTony]

I seem to recall the videos of him in the Championship where he was picking the ball up in midfield and scoring from deep.
That's never going to happen because we don't use him like that...
and if we did he'd get nowhere near that amount of room to advance

I think you need to look at the three words in your post "in the Championship".

[KRBFC]

I mean it was a windfall cash lump sum that nobody would expect us to be offered or achieve for a 30 yo whose best years are definitely behind him.

That should rightly be reinvested into the playing squad. ALK should pay their own debts or find finance to do so, not strip assets that were inplace before they arrived.

[Rileybobs]

Guessing the agent has added the VAT to the figure to make it sound more (or I guess less as the case may be) impressive.

[KRBFC]

Had we sold Cornet for huge profit and the same question was asked, I'd understand if some went towards the debt given ALK originally sanctioned the signing of Maxwel.

[NewClaret]

Do you know the terms of the loan from MSD? Would it be possible to pay some off? I thought we were paying interest only and then having to find a lump sum at the end.

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more? Don't include me in that, and some figures for you, Vydra's scored 7 Premier League goals for us in 27 starts and 48 sub appearances. Wood scored 49 in 127 starts and 17 sub appearances.

Nope, but they’ve been the subject of much debate on here without anyone actually knowing them (or the amount). My point was more hypocritical - would you if you could?

As for the Vydra comment, me either as it happens, but there are a lot on here who are collectively anti the debt, don’t think anyone decent would come here, and have been vocally pro Vydra over the years. So I’m just wondering if those who’ve proclaimed themselves in those camps would just pay off the debt (terms allowing) since they are so worried about it, anyone we could sign will not be worth having and Vydra deserved more game time anyway.

[BurnleyFC]

He becomes world class when he's not playing. The less he plays the better he gets.

Nobody thinks he’s world class, but it’s also ignorant to not realise that he was good foil for Wood.

[NewClaret]

Guessing the agent has added the VAT to the figure to make it sound more (or I guess less as the case may be) impressive.

That’s a good question for the accountants - is VAT payable on transfers??

£23m + VAT would be £27.6m.

[Jakubclaret]

Think we already have done.

[Rileybobs]

That’s a good question for the accountants - is VAT payable on transfers??

£23m + VAT would be £27.6m.

I’m not an accountant, but yes it is.

[NewClaret]

Had we sold Cornet for huge profit and the same question was asked, I'd understand if some went towards the debt given ALK originally sanctioned the signing of Maxwel.

Fair point.

[arise_sir_charge]

If you sell your car do you pay a lump off your mortgage or buy another car?

Next.

[ClaretTony]

That’s a good question for the accountants - is VAT payable on transfers??

£23m + VAT would be £27.6m.

I've never seen a transfer fee quoted at £ + VAT though.

Don't Leeds get 20% of any profit too?

[boatshed bill]

I think you need to look at the three words in your post "in the Championship".

No, I'm fully aware of that.
I am saying that what a player is good at at level 2 doesn't guarantee he'll do it at level 1

[MACCA]

Yes, pay off the debt, and plan for the championship.

Hopefully the brains within the club are doing just that.

There is zero benefit in flogging a dead horse
.

[ClaretTony]

No, I'm fully aware of that.
I am saying that what a player is good at at level 2 doesn't guarantee he'll do it at level 1

No it doesn't and we've seen that so often with various players at different clubs. I've just posted about Austin on another thread, he was a player who just kept on scoring right up to the top flight until the injuries did for him.

[Rileybobs]

Yes, pay off the debt, and plan for the championship.

Hopefully the brains within the club are doing just that.

There is zero benefit in flogging a dead horse
.

Relegation is more than likely, but with a 5 point gap to safety, with 5 games in hand and over half a season to play, those in charge wouldn’t have brains if we were throwing in the towel and accepting it.

[boatshed bill]

No it doesn't and we've seen that so often with various players at different clubs. I've just posted about Austin on another thread, he was a player who just kept on scoring right up to the top flight until the injuries did for him.

I guess the odd thing was that if we signed him because of his perceived abilities at Championship level we never had any intention of using him in that role in the PL

[Andreshotboots]

Vydra costs us more points than he earns for us..

[GodIsADeeJay81]

Fair point.

It isn't really, the suggestion is the new owners cannot sell any players that were already here when they arrived.
It's daft

[KRBFC]

It isn't really, the suggestion is the new owners cannot sell any players that were already here when they arrived.
It's daft

That's not even close to what I said.....

I said they shouldn't be selling players that were already here to pay their debts.

2 completely different things

[Vegas Claret]

So, heard today that Wood’s agent and transfermarkt are quoting the Wood fee as being £27m. TWENTY SEVEN MILLION POUNDS

unless I'm looking in the wrong place, Transfermarkt are quoting $33 million which equates to 25 million

[Claretforever]

unless I'm looking in the wrong place, Transfermarkt are quoting $33 million which equates to 25 million

[Burnley1989]

Guessing the agent has added the VAT to the figure to make it sound more (or I guess less as the case may be) impressive.

nobody in the line of work I’m in would include VAT in a figure on a sale, wouldn’t surprise me though

[claretandy]

I've not seen it mentioned anywhere that Leeds had a sell-on, so i very much doubt that they did.

[alboclaret]

The money is just part of the cash flow.
Rumours that most of it paid up front are great for the cash flow at the club, the coupled with tv money paid this month will mean there is plenty knocking around right now. No doubt we pay our transfers in installments so it's not black and white where the "Wood" millions will be spent.

[paulatky]

Why the F should the clubs income pay for ALK's debts?

I wouldn't mind if it was income generated from ALK (like an ALK signing generating profit to then pay towards the debt) but selling players who were here before ALK to pay off their debt is morally wrong.

It’s how leveraged buyouts work

[gandhisflipflop]

Do you know the terms of the loan from MSD? Would it be possible to pay some off? I thought we were paying interest only and then having to find a lump sum at the end.

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more? Don't include me in that, and some figures for you, Vydra's scored 7 Premier League goals for us in 27 starts and 48 sub appearances. Wood scored 49 in 127 starts and 17 sub appearances.

So if we just take starts into account as it would be a fairer comparison as both would get similar amount of time on the pitch. 127 divided by 27 gives you 4.70. So if we times the amount of goals by 4.70 to replicate the amount of starts Wood has had it would give you 32.9. Not a million miles away from the amount Wood scored, and that isn’t taking into consideration that we could change the system to suit Vydra more.

[gandhisflipflop]

Vydra costs us more points than he earns for us..

Wood cost us more points than earned with his diabolical misses.

[fatboy47]

The release clause didn't appear via black magic. It'd be there because we agreed to it.
All this "" nothing we could do"" stuff is utter pish.

The next few days will clarify the clubs intentions far better than speculation on here.

Not that I'm bothered about watching him go..he, and the style adopted to suit him bored me rigid.

[summitclaret]

Anyone that thinks Vydra, used properly, doesn't bring much more than goals understands less than they think about football.

Vydra's movement and pace from a standing start has been so under used by us.

[Paul Waine]

So, heard today that Wood’s agent and transfermarkt are quoting the Wood fee as being £27m. TWENTY SEVEN MILLION POUNDS

Most on here seem to be: a) very concerned about the debt, and b) convinced we won’t be able to attract any new players of decent quality anyway “who’d want to come here?”.

So, should we just pay MSD the money and half the alledged debt? How would you all feel about that given your concerns? Or would you rather buy players and hold all the debt if we go down?

Wood only scored 3 in 17. I was calling for him to be chopped. Most think Vydra should play more, so would it be such a bad outcome to hold half the debt at the end of the window, without being significantly weaker than we were going in to it? I’d bet Vydra would get 3 in 17.

No. It's a Term Loan. ALK very likely don't have early repayment option without incurring penalties.

No, also, because it's Calder Vale that has borrowed the money from MSD - and, if the arrangements are in anyway similar to MSD loan to Derby, Alan Pace and others at ALK will have provided personal guarantees to MSD. BFC assets only provide some of the security for the loan.

No, because ALK's plans are to invest in BFC and develop and grow their investment. It's great that more has been earned on the sale of Chris Wood than the club would have expected. There will be others player sales when the club don't receive as much as they would have forecast. All swings and roundabouts.

I do wish people on here would stop worrying about how ALK are organising their finances.

Getting ready to head to the Emirates.

UTC

[Paul Waine]

Why the F should the clubs income pay for ALK's debts?

I wouldn't mind if it was income generated from ALK (like an ALK signing generating profit to then pay towards the debt) but selling players who were here before ALK to pay off their debt is morally wrong.

I guess it's equally "morally wrong" that football players expect to get paid for chasing and sometimes kicking a football around a field.

ALK have bought the club, KRBFC. Someone has to own it. Whether it is Bob Lord the butcher or Alan Pace the investment banker or any of the owners in between, it's the owner who calls the shots on how the club manages its finances.

UTC

[warksclaret]

On the basis that we will need to buy players in Summer with all the OOC players, and in preparation for the Championship, we need to invest in players NOW that have the mindset and capability of playing Championship football.