ARTICLE: Clarets bring in midfielder Florentino

[ClaretTony]

Signing confirmed

See link
https://www.uptheclarets.com/clarets-br ... florentino

[1989_claret]

Announcement video: https://x.com/burnleyofficial/status/19 ... KE8IRZVPGw

[lrac]

Nice one

[Elizabeth]

Parker must have seen something in him

[boatshed bill]

Announcement video: https://x.com/burnleyofficial/status/19 ... KE8IRZVPGw

I like this one.

[RVclaret]

Been announced as ‘an option to make permanent’ which is weird considering every man and their dog called it as an obligation to be permanent. Why would he do a full leaving video to Benfica fans if it was just for a season?

Anyway, on paper looks a cracking signing.

[Pearcey]

Excellent. Should take some pressure off the back 4/5.

[ClaretTony]

Been announced as ‘an option to make permanent’ which is weird considering every man and their dog called it as an obligation to be permanent. Why would he do a full leaving video to Benfica fans if it was just for a season?

Anyway, on paper looks a cracking signing.

It is an obligation but I suspect there might be some conditions

[RVclaret]

It is an obligation but I suspect there might be some conditions

Benfica's official announcement states Burnley will pay an initial loan fee of €2m (£1.7m), with a “mandatory clause” to make the deal permanent for €24m (£20.74m).

[ecc]

Like this.

That gives us another tall DM. Not quite a Big Les Unit but has a certain physical stature.

Very considerable experience including CL.

UTC

[ClaretTony]

Benfica's official announcement states Burnley will pay an initial loan fee of €2m (£1.7m), with a “mandatory clause” to make the deal permanent for €24m (£20.74m).

Those are the figures I've quoted in the article

[BobHaidong]

Have you had the signal to stand down for this evening ClaretTony?

[Commy]

First interview

https://www.youtube.com/watch?v=EWj-0WjrQwk

[Papabendi]

Option not obligation. Doubt we can have an obligation if relegated.

[ClaretTony]

Have you had the signal to stand down for this evening ClaretTony?

Ha ha - not sure I ever stood up

And I've been in a meeting for the last hour so had to be ready quickly when it was announced.

[summitclaret]

Option not obligation. Doubt we can have an obligation if relegated.

I hope not, it could be suicidal.

[RVclaret]

Option not obligation. Doubt we can have an obligation if relegated.

Its a mandatory clause announced by Benfica. Portugal has a rule that clubs must announce the full details of the transfers. So you can trust them as 100% accurate.

For us it’s just a case of delaying cash flows for cash flow reasons or PSR. It’s essentially a £23m signing now.

[Claretnick]

I hope not, it could be suicidal.

Let's be positive, we are not going down. We will be competitive...

[Cirrus_Minor]

He'll hopefully make his debut against Liverpool and give Isak a good clattering

[ClaretTony]

I hope not, it could be suicidal.

What Benfica have said

Sport Lisboa e Benfica – Futebol, SAD informs that it has reached an agreement with Burnley for the loan of the player Florentino Luís until the end of the 2025/26 sporting season, for an amount of €2,000,000 (two million euros). The aforementioned agreement includes a mandatory clause for the exercise of the definitive transfer of the player's sporting rights, for the amount of €24,000,000 (twenty four million euros), therefore, the total value of the transfer will amount to €26,000,000 (twenty six million euros). It is further informed that Burnley will have the right to retain the 5% solidarity mechanism, for subsequent distribution to the clubs that participated in the player's training, and Benfica SAD will incur intermediation fees of 10% of the remuneration value deducted from the solidarity amount."

[KellyClaret]

Its a mandatory clause announced by Benfica. Portugal has a rule that clubs must announce the full details of the transfers. So you can trust them as 100% accurate.

For us it’s just a case of delaying cash flows for cash flow reasons or PSR. It’s essentially a £23m signing now.

If its a mandatory clause it counts as this season for PSR. Only helps us with cash flow

[ClaretPete001]

On paper a great signing. The defending has been shocking in the two away games and first half on Saturday was pre 4-4-2 VK.

If we can get Cullen and Florentino in a double pivot with Ugochukwu to drive forward and Tchauouna/ Anthony making up the five we should have a powerful, pacy running midfield 5: going forward at least.

If someone can show Anthony where his reverse gear is and Tchaouna has a bit of defensive discipline we may have quite a formidable midfield.

Saying that if we try and defend high up the pitch against big PL clubs it will be another case of chasing shadow.

[aggi]

Option not obligation. Doubt we can have an obligation if relegated.

We did with Tresor didn't we?

[RVclaret]

If its a mandatory clause it counts as this season for PSR. Only helps us with cash flow

Really? Not sure on that... PSR is based on accounting dates and if we don’t recognise the permanent transfer until the next accounting period (26/27), it won’t affect this years PSR calcs. Can you show me an example of this not being true?

[NottsClaret]

Watched 3 minutes on YouTube. This lad is better than peak Kante and will win us the league in the next year or so.

[aggi]

Really? Not sure on that... PSR is based on accounting dates and if we don’t recognise the permanent transfer until the next accounting period (26/27, it won’t affect this years PSR calcs. Can you show me an example of this not being true?

Accounting treatment here
https://viewpoint.pwc.com/dt/uk/en/pwc/ ... ation.html

In terms of FFP and the accounts, if it is a straight obligation to buy after the loan then the transfer hits the accounts when the loan starts.

[RVclaret]

Accounting treatment here
https://viewpoint.pwc.com/dt/uk/en/pwc/ ... ation.html

In terms of FFP and the accounts, if it is a straight obligation to buy after the loan then the transfer hits the accounts when the loan starts.

Thanks - interesting. So it’s a simply a cash flow manoeuvre then?

[ollieclarets8]

Brilliant reveal video!

[aggi]

Thanks - interesting. So it’s a simply a cash flow manoeuvre then?

The big difference will be when the VAT is due, even if the transfer is paid in installments the VAT is paid upfront.

[ollieclarets8]

A Benfica fan posted:
"Defensively he's a world class midfielder. Just don't expect him to contribute that much to the build up play. For 6 months we was paired with Enzo Fernandez at Benfica and the two of them formed the best midfield pairing we had in years. Good luck"

Sounds like he'll work well with Cullen at getting the ball back.

[DCWat]

Brilliant reveal video!

Was it? I watched it and thought it was a pretty crap. Perhaps we need to mix it up a bit, now.

The clicks and giggles reveals aren’t aimed at me, I get that.

[Papabendi]

We did with Tresor didn't we?

We did, although the club has been at pains to say it has learned lessons. Interesting that at the time of that one, Burnley simply stated it was a loan.

[Ampth7]

It is an obligation but I suspect there might be some conditions

Such as we don’t get relegated one would imagine….

[agreenwood]

Speaks excellent English.

[Darnhill Claret]

Not sure the reveal videos are intended just to be funny. The editing skills are also to be admired. The variety of different scenarios. You only need to see reactions on X, to see how well received the videos are, not everyone can be expected to appreciate them, but a significant number do.

[BabylonClaret]

Watched 3 minutes on YouTube. This lad is better than peak Kante and will win us the league in the next year or so.

That's not a serious comment right?

[Gazclaret83]

Is Anyone thinking if amdouni was fit we'd have a very good starting 11 hahah

[superdimitri]

I can't remember us ever having a ball winning midfielder.
Really exciting signing.

[CaptainClaret]

Have we finally replaced John Deary?

[Rowls]

Have we finally replaced John Deary?

That was Joey Barton but we don’t talk about him these days.

[bobinho]

Is Anyone thinking if amdouni was fit we'd have a very good starting 11 hahah

Nope. Starting ten maybe…. Don’t get the fixation with Amdouni. Never been better than average for me.

[Row x]

If its a mandatory clause it counts as this season for PSR. Only helps us with cash flow

Not sure that's correct
The reason villa have signed two players today on loan with mandatory clauses, is because it doesn't count towards PSR this season, otherwise they would have breached it.

[Dark Cloud]

Have we finally replaced John Deary?

We'll NEVER replace John Deary!

[ArmchairDetective]

He don't care about Roma
He don't care for Marseille
All he cares about, is Burnley FC.
(T I N O)
Repeat

[Down_Rover]

The big difference will be when the VAT is due, even if the transfer is paid in installments the VAT is paid upfront.

Agreed.vat cannot affect profitability.only cash flow

[Big Vinny K]

That was Joey Barton but we don’t talk about him these days.

Except on the numerous Joey Barton threads.