Player Paulo Dybala

JKendall13 said:

I don't know dick about finance beyond the absolute basics and maybe I'm brainwashed by Levy's frugal ways, but I was genuinely shocked looking into the particulars of Juve's financial situation. They are gambling MASSIVELY on Ronaldo both on and off the pitch. De Ligt is also a massive financial outlay. I know Rabiot and Ramsey were Bosmans but they are paying them huge money as well.

Selling Dybala genuinely makes sense for them, I just hope we have the courage/ability to go for him.

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Gbspurs said:

Juventus linked to Lukaku which may explain why they are trying to find a buyer for Dybala

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Duskwen said:

small bit in the telegraph

https://www.telegraph.co.uk/footbal...eight-year-shirt-sponsorship-deal-worth-320m/

Tottenham are closing in on a £20m deal for Fulham’s Ryan Sessegnon and Pochettino also wants to bring in the £80m-rated Juventus and Argentina forward, Paulo Dybala. The Spurs manager also hopes to sign Real Betis midfielder, Giovani Lo Celso, but his £67m price tag is so far proving prohibitive.

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philll said:

If they want Lukaku they're surely more likely to do a deal involving the 2 players with United...

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Gbspurs said:

Who's to say they haven't offered, maybe utd don't want him?

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Duskwen said:

small bit in the telegraph

https://www.telegraph.co.uk/footbal...eight-year-shirt-sponsorship-deal-worth-320m/

Tottenham are closing in on a £20m deal for Fulham’s Ryan Sessegnon and Pochettino also wants to bring in the £80m-rated Juventus and Argentina forward, Paulo Dybala. The Spurs manager also hopes to sign Real Betis midfielder, Giovani Lo Celso, but his £67m price tag is so far proving prohibitive.

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JUSTINSIGNAL said:

I think he’s mates with David Bentley or something.

Either way his info is usually spot on when he gets it. He does spout a lot of opinion though people get confused for ITK.

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JKendall13 said:

Okay I've been putting some thought into this one.

What we know so far:

• Something is happening. Reporting and confirmation from Dan Kilpatrick, Ally Gold, ITKs (JJ/Gards), and sources in Italy would indicate this is not bullshit.
• Dybala is away on vacation following Copa America and is set to return next week for discussions with Maurizio Sarri about his role under the new manager. (Source)
• Dybala had a down year last season by his standards as he was shifted out wide to accommodate Ronaldo. Sarri, as we saw last season, prefers to play a rigid 4-3-3, with Ronaldo currently believed to be the lone striker. Though Sarri has suggested they could play 4-3-1-2 to accommodate Dybala. (Opinion: I'll believe that when I see it, we all saw how stubborn Sarri was last season.)
• On the radio in May, Dybala's brother said, "There is a big chance that Paulo will leave Turin, he needs a change. He was very comfortable in Italy but he isn't any more – like many other Juventus players. Problem with Ronaldo? No, off the field there is no problem with Cristiano. The problems are on the field: Paulo is young, he has to play." (Source)
• This is the most tenuous portion, but suggestions from both Gards and Tancredi Palmeiri that Juventus are the ones offering Dybala to us. (Opinion: This indicates it isn't us trying to pressure Betis about Lo Celso, but rather a chance to potentially take advantage of a previously unforeseen opportunity).

Why it makes sense for Juventus:

I'll start with Juve as it is my gut feeling that they are driving this currently.

• Signing Cristiano Ronaldo has changed everything about Juventus. As a club, Juventus believes themselves to be in the class of Real Madrid and Barcelona, but they are miles behind them financially. In the Deloitte money rankings, Madrid tops it with €750m in revenue, whereas Juventus is in 11th with €394m in revenue. We're in 10th with €429m in revenue and that was before the CL Final. Ronaldo is Juve's gambit to step up earning potential, Agnelli has said as much. (Source)
• Financial services firm KPMG estimates that, including the transfer fee, amortized over the duration of his contract, Juventus will pay around €340m, or €85m a year for Ronaldo’s services.
• Post-Ronaldo signing, in 2018, Juventus made a loss of €19.2m compared with a profit of €42.6m of the previous season.
• According to Goal (source), as of January 2019 Juventus spends €264m a year on wages, compared to Tottenham spending €148m. Once again, we are similar sized clubs in terms of revenue. Additionally, Juventus this summer has signed De Ligt (€350k/week), Ramsey (€450k/week) (source), and Rabiot (€250k). Higuain is also back at the club after being loaned and he is on €175k/week and they are desperately trying to shift him, with little luck so far.
• Juventus are still being relatively intensely linked to Chiesa (50-60m), Icardi, and Pogba.
• With the context that they could be looking to sell and that Dybala isn't a natural fit for Sarri's system or alongside Ronaldo, it's very reasonable to think that Juventus might jump at the opportunity to get 70m+ for Dybala.

Why it makes sense for Dybala:

• As previously noted, his fit alongside Ronaldo hasn't been great and Sarri's traditional system isn't a natural fit.
• If he does want to leave, it's not an easy situation to upgrade on. I doubt he'd stay in Italy if he leaves Juve, Real Madrid and Barcelona won't buy him. City, Liverpool, Arsenal, and Chelsea are highly unlikely to be options. Bayern are looking for wingers and deeper-lying midfielders. I think that essentially leaves four potential clubs: PSG, Atletico Madrid, Manchester United, and Tottenham.
• I get the sense that PSG are in holding pattern for big signings while the Neymar situation plays out, Atletico seem to be focused on signing James Rodriguez for that position, United would probably want Dybala but they don't have CL and also are after so pretty big signings like Maguire.
• So you have Tottenham who have an Argentine manager, fully Spanish-speaking coaching staff, and potentially three other Argentine players. We are the CL-runners up and one of the up and coming clubs in world football. He's supposedly on £120k/week at Juve, so we'd be likely be able to give him a raise to somewhere between £150-200k based on what we've given NDombele and are supposedly offering Lo Celso. We're an extremely attractive option for him I'd imagine.

Why it makes sense for Tottenham:

So this is definitely the toughest part to square, I'd imagine that we are very interested in the fact that he's been offered to us (once again, the assumption I'm working off is that he's been offered to us) but will struggle to make it happen.

• Footballing-wise, I actually think he's very clean fit in our system if we are going to continue playing the diamond we saw last year and so far in preseason. He's a natural fit in the 2 with either Kane or Son. Dybala is the right age profile for us as well.
• We're clearly willing to spend this summer and considering our paltry net spend these past few years, we do have money. Do we have enough?
• Being offered a top player in world football like Dybala can lead you to move heaven and earth to get the deal done. Maybe it changes our plans and we make an unexpected sale or Levy is willing to make an exception and dig deep into the pockets.
• The AIA deal, Nike deal, and presumably the stadium rights deal could have us in much better financial position than we realize. Levy said today at the AIA event that he is ready to focus on the football side and spend.
• Pochettino and our spanish-speaking coaching staff has to be a huge draw here.
• We have a very clean wage bill, it's roughly the same size as Everton's and well below the other top 6 clubs. Most importantly we don't have albatross contracts like other clubs. Arsenal is playing Ozil 350k, Mkhitaryian 180k, Bellerin 110k, Kolasanic 100k, Xhaka 100k. Our worst contracts are maybe Aurier and Wanyama at 65k? I think we have the space to bring in big wage players.
• Llorente made 100k/week last year, Dybala probably wouldn't cost a ton more than that.

Obviously, everything looks easier on paper. But I think there are a lot of aspects that are favorable for us in this case. Just need a little luck and a few things to break our way. Making the CL-final and finishing the stadium was gigantic for us, we're not the same old Tottenham anymore.

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WiganSpur said:

If the Torygraph is to be believed then surely an attacking player is off. If it isn't Eriksen I find it hard to see all getting adequate game time. You'd be thinking Lucas or Lamela might be susceptible? Would raise a few million too.

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WiganSpur said:

If the Torygraph is to be believed then surely an attacking player is off. If it isn't Eriksen I find it hard to see all getting adequate game time. You'd be thinking Lucas or Lamela might be susceptible? Would raise a few million too.

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Gbspurs said:

Juventus linked to Lukaku which may explain why they are trying to find a buyer for Dybala

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am_yisrael_chai said:

Today we got the AIA deal announced, what odds the naming rights are done but yet to be announced so we don’t appear flush to buying clubs ?

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SpartanSpur said:

I like the idea that the leak to Ally and Dan is because we are making good progress with this behind the scenes and want to make it look as blockbuster as possible over the next week or so, so that's what I'm going to believe!

The stuff about Juve finances is interesting. I assumed the Agnellis were gonna pump some money in (they are part of the ownership of FIAT/Ferrari I believe) but if not selling Dybala does make sense.

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JKendall13 said:

After I wrote the post, I researched a little deeper on Juventus and FFP, because I was genuinely shocked by their outlay versus revenue.

Found this article: https://www.managingmadrid.com/2018/8/18/17727380/uefa-ffp-trouble-juventus-cristiano-ronaldo

I really think they could end up being the next club that gets caught in hot water regarding FFP. FFP is assessed over three-year periods and Juve relies heavily on the CL for TV and prize money considering Serie A doesn't come close to the money of the EPL and La Liga. So when the money made from their trip to the 16/17 CL final comes off the books at the end of this year, they could be fucked. This is the choice portion:

"The problem for Juve will really come in 2019/20, when their very good year (2016/17) will be wiped off the books for FFP purposes. Assuming Juve post a €88m loss in 2018/19 (it might be more than that if they choose not to sell a number of players), they will be staring at a three-year FFP calculation that looks very grim—an operating loss of almost €100m for the two years preceding 2019/20, and an additional €60m per year in player salary. This would require Juve to post a €130m operating profit in 2019/20 or risk being barred from UEFA competition. And that’s when Ronaldo’s salary and amortized transfer fee becomes a massive weight around the team’s neck: and because transfer fees aren’t paid in one lump sum, Juve can’t just count on selling Paolo Dybala for exactly that much money to make up the difference."

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