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Player Watch Player Watch: Giovani Lo Celso

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Spurus

Nos Custodimus Quod Lingus
Feb 14, 2019
467
1,028
We have an option to buy.

For that to be effective in legal terms, that means Betis have an obligation to sell to Spurs, and only to Spurs, if we exercise our buy option.

So no, no one else can buy him unless Spurs give their permission.

I fully trust in what you are saying, but I would just like to know where you got this from?
 

Gassin's finest

C'est diabolique
May 12, 2010
37,583
88,385
Screenshot_2019-08-08-17-32-07.png
 

WiganSpur

Well-Known Member
Aug 31, 2012
16,009
32,742
Wasn't it "Europe" rather than CL? We should get CL but I don't think we'd risk losing him if we missed out would we?
It's been chaotic so I can't remember where I read it but I believe it was a good source. But it said obligation if CL otherwise option. So I guess the club are not at liberty to announce obligation to buy just yet.
 

EQP

EQP
Sep 1, 2013
7,993
29,769
Why did we loan GLC and not buy him? Do we have an option to buy?

@KILLA_SIN explained earlier - basically

So Levy engineers a loan deal with a guaranteed obligation to buy. Functionally, that’s not much different than buying the player outright. However it does

  • Increases the total bid amount so Betis are happier with the overall fee
  • Structures the deal so that Spurs presumably are able to pay less up front than what they normally would
  • Screws over PSG by having what is probably a fairly large loan fee (maybe something close to the amount that Spurs wanted to pay up front for Lo Celso anyway), which then reduces the total purchase price, thereby making their 20% cut smaller.
57M is the total fee, 16m the loan fee
16M comes off the 57 Leaves 41M [Obligation to buy]
Pay 20 percent of the profit of the sale to PSG above the 25m they paid originally
Leaves 16M x 20 percent [Percentage of next sale]
3.2M to PSG​

VOILA!

The exact numbers might be off but the formula still works.​
 

tobi

Clear Eyes, Full Hearts, Can't Lose
Jun 10, 2003
17,539
11,742
With Lo Celso and Ndombele the dynamics have completely changed and I expect the team to create a lot more chances and score a lot more goals.

Opposition teams now have to change their approach when facing us.
 

Spurus

Nos Custodimus Quod Lingus
Feb 14, 2019
467
1,028
@KILLA_SIN explained earlier - basically

So Levy engineers a loan deal with a guaranteed obligation to buy. Functionally, that’s not much different than buying the player outright. However it does

  • Increases the total bid amount so Betis are happier with the overall fee
  • Structures the deal so that Spurs presumably are able to pay less up front than what they normally would
  • Screws over PSG by having what is probably a fairly large loan fee (maybe something close to the amount that Spurs wanted to pay up front for Lo Celso anyway), which then reduces the total purchase price, thereby making their 20% cut smaller.
57M is the total fee, 16m the loan fee
16M comes off the 57 Leaves 41M [Obligation to buy]
Pay 20 percent of the profit of the sale to PSG above the 25m they paid originally
Leaves 16M x 20 percent [Percentage of next sale]
3.2M to PSG​

VOILA!

Levy is savage lol
 

WiganSpur

Well-Known Member
Aug 31, 2012
16,009
32,742
We got the 2 Cms we desperately needed.

Looks like good depth there too with Skipp emerging.

COYS
It's a shame i'm sweating on the Eriksen situation, but he hasn't left yet and doesn't seem like anything forthcoming. Praying he changes his mind now with the signings we've made.
 

swarvsta

Well-Known Member
Jul 25, 2008
773
4,061
@KILLA_SIN explained earlier - basically

So Levy engineers a loan deal with a guaranteed obligation to buy. Functionally, that’s not much different than buying the player outright. However it does

  • Increases the total bid amount so Betis are happier with the overall fee
  • Structures the deal so that Spurs presumably are able to pay less up front than what they normally would
  • Screws over PSG by having what is probably a fairly large loan fee (maybe something close to the amount that Spurs wanted to pay up front for Lo Celso anyway), which then reduces the total purchase price, thereby making their 20% cut smaller.
57M is the total fee, 16m the loan fee
16M comes off the 57 Leaves 41M [Obligation to buy]
Pay 20 percent of the profit of the sale to PSG above the 25m they paid originally
Leaves 16M x 20 percent [Percentage of next sale]
3.2M to PSG​

VOILA!

The exact numbers might be off but the formula still works.​


You would think the ‘sell on clauses’ would include loan fees also. Or otherwise this would be an obvious workaround for clubs.

Quite funny if not though!
 

Wig

Well-Known Member
May 23, 2018
2,825
11,133
Easy song for him

Same as Toby and jan song

lo lo lololo lo lololo lo lo lo Celso.

Wow that’s easy! How do I claim copyright?
Like the yaya and kolo Toure song? I'm happy with that for Lo Celso ?
 

yawa

Well-Known Member
Aug 9, 2005
12,591
9,416
Don't think any of those muppets on Sky could tell you a thing about him.

Well they did announce Carroll going back to Newcastle as one of the most exciting stories of the window. So can’t be that surprised :)
 
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