Player Watch Player Watch: Pedro Porro

[Neon_Knight_]

A lease loan or borrowed money to cover the cost of Porro is taken out by Tottenham not Sporting. The resulting interest / fees on that money seems to be the issue Sporting are unwilling to pay it.

People quickly blamed Sporting but I questioned this.

How do you know a "lease loan" is what the "administrative fees" relate to? Have I missed something or is this a guess?

My initial thought was that the discrepancy would be over agent's fees.

 

[Yid-ol]

So people in here wanted levy away from transfer dealings. He steps away to let others do it! Great....right?!.....RIGHT?!!!

No

The transfer goes tits up at the end, levy gets the blame for 1) the transfer failing, that he didn't deal with and 2) now he should have had overview of it! Seriously, you could make this shit up.

 

[Neon_Knight_]

My understanding is that we pay in installments as is usual, and sporting want to sell those instalments on to get the full amount now so nothing to do with us but they want us to pay their costs to do that.
Their argument presumably being they wouldn't have to do that if we paid in full and our response presumably that they don't have to do it at all.

Sounds like it would be just as reasonable (unreasonable) for Levy to demand that they compensate him for last year's equity release, as we wouldn;t have the available cashflow to sign Porro without that. ?‍

 

[double0]

You're guessing what the 2.6m fee is for (if its even true) whereas every credible media source has said sporting changed the terms

Terms of what?
1. Payment terms.
2. Fees ie commission etc
3. Transfer fee agreed
4. Guessing

 

[GMI]

What happened to the good old days when a night out with the chairman laying on hooker's and Charlie would solve these sort of disputes?

Kane's brother back in negotiations?

 

[Spurs 1961]

We should go and offer £60 million for Cancelo. A proven class performer in the PL. but guess he’s too good for us

 

[Trix]

A lease loan or borrowed money to cover the cost of Porro is taken out by Tottenham not Sporting. The resulting interest / fees on that money seems to be the issue Sporting are unwilling to pay it.

People quickly blamed Sporting but I questioned this.

Nope, been other examples where selling clubs have borrowed against the guaranteed income of a player they've sold in instalments.

 

[Stamford]

So people in here wanted levy away from transfer dealings. He steps away to let others do it! Great....right?!.....RIGHT?!!!

No

The transfer goes tits up at the end, levy gets the blame for 1) the transfer failing, that he didn't deal with and 2) now he should have had overview of it! Seriously, you could make this shit up.

He's been across this deal the entire time and has never disappeared. He's the chairman of the football club. You think he got a text this am informing him we were going for Porro and his help was needed? He takes full responsibility for everything that happens at this club good and bad.

 

[Scott Spur]

Nobody can blame Levy for Sporting moving the goalposts, but Levy invented that strategy and has had over a month to get this deal done or move on to other targets.

When will we start to act like a big club and not Charlton Athletic?

 

[luRRka]

Terms of what?
1. Payment terms.
2. Fees ie commission etc
3. Transfer fee agreed
4. Guessing

Who knows but I'm gunna trust every credible source saying they changed the terms over some random guy on SC talking about his own guesses as if they are fact

 

[13VanDerBale13]

Nobody can blame Levy for Sporting moving the goalposts, but Levy invented that strategy and has had over a month to get this deal done or move on to other targets.

When will we start to act like a big club and not Charlton Athletic?

When we have new ownership ??

 

[KingNick]

Nope, been other examples where selling clubs have borrowed against the guaranteed income of a player they've sold in instalments.

Exactly. And also would fit with the rumour that Sporting have found their replacement will cost more than expected. If this is now more than our first instalment payment then not surprising they need to secure more finance and want to pass the cost on to us (or even change the instalments we’ve agreed)

 

[Yid-ol]

He's been across this deal the entire time and has never disappeared. He's the chairman of the football club. You think he got a text this am informing him we were going for Porro and his help was needed? He takes full responsibility for everything that happens at this club good and bad.

He would have been kept in the loop, but doesn't mean he's involved in it. I thought the last season or two he had stepped back and let others deal with it and said there is x amount to spend.

 

[Nick-TopSpursMan]

 

[Yid-ol]

Ffs levy!
Sorry getting in before all the other moaners.

 

[RobjDerby]

He would have been kept in the loop, but doesn't mean he's involved in it. I thought the last season or two he had stepped back and let others deal with it and said there is x amount to spend.

Spence was Levy… that was simple too right?

 

[mil1lion]

So people in here wanted levy away from transfer dealings. He steps away to let others do it! Great....right?!.....RIGHT?!!!

No

The transfer goes tits up at the end, levy gets the blame for 1) the transfer failing, that he didn't deal with and 2) now he should have had overview of it! Seriously, you could make this shit up.

I just want someone who when it comes to a first team player with a reasonable release fee gets it done at the start of the window. I don't mind negotiating for less important players but we're still short of first team quality. It's just the same old with us, skimping on every deal and never pushing the boat out. We always end up short in every window because of transfers like this. Even if it gets done we still need a few more first team players if we want to give Conte a chance. It's such a horrible mix having a manager who wants to win titles and a chairman who always leaves us short.

 

[Yid-ol]

Spence was Levy… that was simple too right?

I don't remember much of his transfer. Just that it was a long term signing than a one now for Conte.

Was there issue with it or not?

 

[spurs mental]

I've defended his role here today on this deal but in all honesty this wouldn't shock me in the slightest.

 

[Yid-ol]

I just want someone who when it comes to a first team player with a reasonable release fee gets it done at the start of the window. I don't mind negotiating for less important players but we're still short of first team quality. It's just the same old with us, skimping on every deal and never pushing the boat out. We always end up short in every window because of transfers like this. Even if it gets done we still need a few more first team players if we want to give Conte a chance. It's such a horrible mix having a manager who wants to win titles and a chairman who always leaves us short.

The fee of 45 million would come out in one go, which is the issue of the release clause. If we did that we probably (going by ITK on the funds we had at the start of the window) wouldn't have had funds for anything else, or potentially the 45 million to start with!

And I get the frustration, as we all feel the same, we lack quality throughout the squad and need better players. But some of the reactions on here jump from 0 to 100 in a blink of an eye!