Damien Comolli - General manager (42 Viewers)

[Badass J Elkann]

It doesn't work like that

The only amounts we made pure profits on were Mbangula and Savona thats about 25 mill
the plus valenza on Weah and Alberto Costa were fairly minimal at best.
I repeat again our books will not read 50 mill net however you look at it.

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Our books do read +50 mil. There are different types of accounting sheets being formed... Not just the good old plusvalenza but also cash flow etc... Didn't you have some businesses? Then you should know this stuff...

So final time; yes or no? And again you may your reasons.

Thank fuck you're not my accountant. There's my answer.

If I sold you a car for £1000 and you sold that same car on for £1001 you are not £1001 richer.

 

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[Robee]

The only amounts we made pure profits on were Mbangula and Savona thats about 25 mill
the plus valenza on Weah and Alberto Costa were fairly minimal at best.
I repeat again our books will not read 50 mill net however you look at it.

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Thank fuck you're not my accountant. There's my answer.

If I sold you a car for £1000 and you sold that same car on for £1001 you are not £1001 richer.

Boy o boy. The 1000 dollar that has been spent years ago is long gone. If you sell the car that has been written off now for 1001 dollars, you add a 1001 dollars gross in your account. But this comparison is not even close to the discussion, just another avoiding manoeuvre to save face because you know you'd have to answer with a very simple 'no'.

If you only count in profits from an accountacy standpoint, you're never making any money. You need to cut it out somewhere.

Weah has been here for a few years and was cheaper then we sold him for so not even close to minimal.

 

[Badass J Elkann]

Might as well just say fuck it. Lets just spend 100 mill on players this summer. It won't matter next summer if we sell them only for 20 mill. We are 20 mill Richer and you're wondering why the fuck UEFA are knocking at your door...

 

[Robee]

Might as well just say fuck it. Lets just spend 100 mill on players this summer. It won't matter next summer if we sell them only for 20 mill. We are 20 mill Richer and you're wondering why the fuck UEFA are knocking at your door...

Wtf are you smashing around like a mad man dude, lol. Got whacked in the head now did ya?

 

[Badass J Elkann]

Says the one who thinks money has some sort of expiry date and it doesn't matter what you spend, whatever you receive is profit no matter what.

 

[JuveJay]

Our books does not read +50 mill though does it? Alberto Costa would not have happened without taking Joao Mario as the counter part so there's his value to our net costing to take into account. Again you literally fail to understand we did not in any way shape of form receive 50 mill when you take the cost behind each of the operations into account

From Google AI for reference:

Football clubs record capital gains on player sales by comparing the sale price to the player's remaining amortised value (or net book value) in their accounts. Any amount received above the player's remaining book value is recognized as a gain in the income statement for that period. This gain contributes directly to the club's profit and is calculated by deducting the player's remaining book value (based on their original registration cost and the length of their contract) from the transfer fee received.
How it works (Capitalisation and Amortisation Method)
This is the most common method for professional football clubs.

1. Player Registration Cost:
When a club buys a player, they record this fee as an asset on their balance sheet.

2. Amortisation:
This cost is then spread out (amortised) over the length of the player's contract. For example, a £50 million player on a five-year contract would have £10 million added to their book value each year.

3. Sale:
When the player is sold, the club receives a transfer fee.

4. Calculating the Gain:
Net Book Value: The club determines the remaining value of the player's registration in their accounts.
Gain Calculation: The transfer fee received is compared to this net book value.
Profit Recognition: If the transfer fee is greater than the net book value, the difference is recorded as a capital gain.

Example
A club buys a player for £80 million on a four-year contract.
After two years, the player's amortised value (book value) is £40 million.
The club then sells the player for £50 million.
The capital gain is £10 million (£50 million sale price - £40 million net book value).

Key Points
Profit is not always the difference between the original purchase price and the sale price; it's the difference between the sale price and the remaining book value.
Capital gains are recognized in the period of the sale, directly impacting the club's profit.
This method helps present a more realistic financial view of the club's performance, showing the profit made relative to the player's currently valued asset.

 

[Robee]

Says the one who thinks money has some sort of expiry date and it doesn't matter what you spend, whatever you receive is profit no matter what.

Dude, you're completely off of what I said. You're just inventing stuff here. Stay off the crack dude...

If you buy a player, which is what I was talking about, plusvalenza talk is useless and you know it or you don't and then you're plain stupid. Pick your poison.

Also the book value does go down to zero after a few years, usually the length of the contract 'tho. But again, I'm talking buying, not selling.

 

[Badass J Elkann]

Dude, you're completely off of what I said. If you buy a player, which is what I was talking about. Plusvalenza talk is useless and you know it or you don't and then you're plain stupid. Pick your poison.

Oh you're changing your tune again, nice editing with the posts too.

 

[Knowah]

Now this is a conversation to read as a third party. Almost don't want to stick your head in it.

 

[DeviAngel]

I remember last year a member from here wrote: Giuntoli is going all in, if this signings flop we are done and finished for the next 2-3 years.

Look what happened …

 

[Robee]

Point simply is nobody would be happy if we bought any of those 4. Let alone pay 50 million for it. Could we have gotten a few million more. Sure, especially for the Mbangula transfer imho but it's not "terrible" business. We lost 4 so-so players (at least at this moment in time - not ignoring their age) and have gotten 50 million for it. Nothing to cheer about, nothing to moan about as a whole.

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I remember last year a member from here wrote: Giuntoli is going all in, if this signings flop we are done and finished for the next 2-3 years.

Look what happened …

Yeah, Comolli just said FFP will especially be a problem for the 26-27 season. So we're not off the ice yet, as it seems. So not selling/extending Vlahovic and having to buy another striker will fuck us over.

 

[DanielSz]

Sold Savona for about the same amount as Giuntoli sold Huijsen. #levels

 

[mondo1]

After Comolli’s words, it’s mercato chiuso. And give. How bad our financial outlook is in terms of FFP rules, looks like next seasons summer mercato will (somehow) be even worse than this years lol.

The banter era just keeps on getting better.

But people told me our finances are great ?! We won’t have any issues with FFP and saved so much and plusvalenza


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[Robee]

Oh you're changing your tune again, nice editing with the posts too.

Hahaha, dude. You're so fucking drunk. Can't think of another reason.

 

[JuveJay]

I remember last year a member from here wrote: Giuntoli is going all in, if this signings flop we are done and finished for the next 2-3 years.

Look what happened …

Wait until Comolli gets some money next summer and does the same. This cycle of splurging and scraping has gone on since Paratici's mess.

 

[mondo1]

Hahaha, dude. You're so fucking drunk. Can't think of another reason.

Dude youre always happy - we sign Luiz for 50 mil you are happy we sell him a year later for 30 you’re happy.

He maybe drunk but boy you’re on drugs


Buying players for big money and sell them two years later for less money maybe not a capital loss but it’s still no business model

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[Robee]

Dude youre always happy - we sign Luiz for 50 mil you are happy we sell him a year later for 30 you’re happy.

He maybe drunk but boy you’re on drugs


Buying players for big money and sell them two years later for less money maybe not a capital loss but it’s still no business model

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No, I explain why it happens. Different thing to being happy about it. I've made that pretty clear now a few times bit some don't grasp that difference.

I just don't endlessly whine about things that have happened and can't be changed. That doesn't help the club nor your own mind.

Not it's def not a succesful business model and with every managerial change, I hope that changes too.

What we need to regain is a position of power. Not having to buy and sell is everything. Look at PSG in the Muani deal. They can continue to ask 60 mil without getting nervous because they simply don't need to sell...

But reality remains as it is for now.

 

[Badass J Elkann]

Dude youre always happy - we sign Luiz for 50 mil you are happy we sell him a year later for 30 you’re happy.

He maybe drunk but boy you’re on drugs


Buying players for big money and sell them two years later for less money maybe not a capital loss but it’s still no business model

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'Yes but the 50 mill spent is irrelevant because it's in the past, we ultimately made 30 mill!'

 

[mondo1]

No, I explain why it happens. Different thing to being happy about it but some don't grasp that difference.

I just don't endlessly whine about things that have happened. That doesn't help the club or your own mind.

Not it's not a business model and with every managerial change, I hope that changes too.

What we need to regain is a position of power. Not having to buy and sell is everything. Look at PSG in the Muani deal. They can continue to ask 60 mil without getting nervous because they simply don't need to sell...

But reality is as it is and you can do two things; continue to whine about it or just silently act on it.

It’s not like these things are years in the past, it’s the same fuckin story every summer. This club operates without a plan for years now.

Yeah I’m sorry but that may never happen for Jj again. The league is still in decline and so is Jj - without a crazy rich owner this is the future. Next year Jj has to sell Yildiz - it’s just the reality.

But to answer your question I guess hardly anyone would want those 4 to be bought for 50 mil - but I didn’t want Koop Nico Luiz Kelly and cabal for 200+ mil either


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[Robee]

It’s not like these things are years in the past, it’s the same fuckin story every summer. This club operates without a plan for years now.

Yeah I’m sorry but that may never happen for Jj again. The league is still in decline and so is Jj - without a crazy rich owner this is the future. Next year Jj has to sell Yildiz - it’s just the reality.

But to answer your question I guess hardly anyone would want those 4 to be bought for 50 mil - but I didn’t want Koop Nico Luiz Kelly and cabal for 200+ mil either


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We have another new management in place. It's not even fully there and we've barely spent a penny this summer. So as far as I'm concerned it's completely different to last season.

We've brought David on a Bosman, JM in a profitable swap seal and paid a hefty fee for Conceicao only.

Everybody agrees we've overspent for Nico, Kelly and Koop, I guess. DL probably too but he was great in the Prem 'tho. Cabal was pretty good value for money imo, too bad he got injured.

We have a crazy rich owner 'tho and he has pumped in a lot of money already too. But the mismanagement ruined it.