hienzeECFC
Member
Coleman Ballz - I assure you the confusion here in Clapham is greater than that in Countess Wear.
I doubt very much that we will see any payment from the loan fee. Even a sum of £2m will be made up in part by his wages.
Lets say the Loan fee is £2m, half of which is made up with Ethan's wages, we will have £1m knocked off the 'after profit' element of his sell on clause. (random figures) So when he does eventually move, we will have made a dent in the 'deduction' from the sell on clause, i.e a £10m transfer would net us 20% of £9.7m (£1.94m) rather than 20% of £8.7m (£1.74m).
Where it does get fun is if Chelsea are able to structure this, and any future payment in Euro's rather than Sterling. What with the £ being in the toilet, we might benefit more from Ampadu moving abroad, but it would depend on the terms of the tribunal 'deal'. It may be that the payment knocked off the 'after profit' element is in fact € 1m rather than £1m, but as we arent seeing any of that now, does it go on the ledger of the tribunals deal at todays exchange rate or the exchange rate if and when Ampadu moves? We also dont know if Ampadu's wages will be paid in € or £ so that will have an impact on the original deduction.
To sum up: I haven't the foggiest what's going on.
I doubt very much that we will see any payment from the loan fee. Even a sum of £2m will be made up in part by his wages.
Lets say the Loan fee is £2m, half of which is made up with Ethan's wages, we will have £1m knocked off the 'after profit' element of his sell on clause. (random figures) So when he does eventually move, we will have made a dent in the 'deduction' from the sell on clause, i.e a £10m transfer would net us 20% of £9.7m (£1.94m) rather than 20% of £8.7m (£1.74m).
Where it does get fun is if Chelsea are able to structure this, and any future payment in Euro's rather than Sterling. What with the £ being in the toilet, we might benefit more from Ampadu moving abroad, but it would depend on the terms of the tribunal 'deal'. It may be that the payment knocked off the 'after profit' element is in fact € 1m rather than £1m, but as we arent seeing any of that now, does it go on the ledger of the tribunals deal at todays exchange rate or the exchange rate if and when Ampadu moves? We also dont know if Ampadu's wages will be paid in € or £ so that will have an impact on the original deduction.
To sum up: I haven't the foggiest what's going on.
