Edward Alistair
Well-known member
Seems that a lot of transfer deals are paid in instalments so we might sign a player for 3.6m and pay 1.2m for 3 years.That was basically my understanding of the situation. I think that we have lost +/-£36m over the 3-year period however, as you say, there is a sum (+/-£5m?) which can be written off as COVID losses. My back of a fag packet calculations suggest we have £6 - 8m to spend on transfers before we are in danger of breaching regulations. Even in the unlikely event that we spent £4m on Cresswell, we should still be within the rules.
It's an interesting point you raise about the wage restriction. If it is ever introduced, then about 80% of C'ship clubs will be in trouble.
Cresswell might go for 4m but that could include 1.5m if the club gets promoted, we don't the full details so we are left to guess.
I'm just grateful that the Berylson's are putting us in this position.