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SomeMichaelGuy wrote:

EDIT: I spent ages trying to get this image to upload and Ted makes me look like an idiot by posting the text. Life is hard, sorry!

By lunchtime on transfer deadline day, Alvaro Negredo was bound for Valencia. A conference call between executives at Manchester City had confirmed the move, with manager Manuel Pellegrini having the final say.

Negredo had made an outstanding start to his career in the Premier League, but then his stay turned sour. It was a personal financial matter and nothing to do with football, but it meant Negredo and his wife, Clara, were no longer happy in their new country. It is even possible to spot the moment when Negredo’s dissatisfaction begins and his form falls off a cliff. He scores 26 goals up to January 21, and none after.

Pellegrini’s view was a compassionate one. He knew Negredo’s departure would leave City short up front, but felt the player was as good as lost to the club, even if he stayed. It would be kinder to let him go home. If required, Yaya Toure or David Silva could be pushed into a more forward role. Anyway, the offer from Valencia was a good one: £25million, plus add-ons. With an eye on the demands of financial fair play, this was sensible business for City.


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Blue Since 76 wrote:I wonder if that's a typo and should have said personal family matter? I very much doubt he's earning any more at Valencia than he was doing here

kennyboy wrote:1. Isnt his leg broken..?
2. Only a loan, he could return? Maybe not when I read his letter..

Foreverinbluedreams wrote:

kennyboy wrote:1. Isnt his leg broken..?
2. Only a loan, he could return? Maybe not when I read his letter..

He broke a bone in his foot, it will almost have healed by now so just fitness conditioning to get back up to speed.

Apparently it's a loan with a compulsory obligation to buy for a set price. Not sure what that's all about but guessing it has something to do with Valencia balancing books for FFP purposes.

Scatman wrote:

Foreverinbluedreams wrote:

kennyboy wrote:1. Isnt his leg broken..?
2. Only a loan, he could return? Maybe not when I read his letter..

He broke a bone in his foot, it will almost have healed by now so just fitness conditioning to get back up to speed.

Apparently it's a loan with a compulsory obligation to buy for a set price. Not sure what that's all about but guessing it has something to do with Valencia balancing books for FFP purposes.

Surely if it a compulsory obligation to purchase then the accountancy treatment would treat it as a sale by MCFC with the balance merely outstanding to be paid next year.

Foreverinbluedreams wrote:

Scatman wrote:

Foreverinbluedreams wrote:

kennyboy wrote:1. Isnt his leg broken..?
2. Only a loan, he could return? Maybe not when I read his letter..

He broke a bone in his foot, it will almost have healed by now so just fitness conditioning to get back up to speed.

Apparently it's a loan with a compulsory obligation to buy for a set price. Not sure what that's all about but guessing it has something to do with Valencia balancing books for FFP purposes.

Surely if it a compulsory obligation to purchase then the accountancy treatment would treat it as a sale by MCFC with the balance merely outstanding to be paid next year.

Honestly haven't got a scooby mate. I'm no bean counter.

Mikhail Chigorin wrote:

Foreverinbluedreams wrote:

Scatman wrote:

Foreverinbluedreams wrote:

kennyboy wrote:1. Isnt his leg broken..?
2. Only a loan, he could return? Maybe not when I read his letter..

He broke a bone in his foot, it will almost have healed by now so just fitness conditioning to get back up to speed.

Apparently it's a loan with a compulsory obligation to buy for a set price. Not sure what that's all about but guessing it has something to do with Valencia balancing books for FFP purposes.

Surely if it a compulsory obligation to purchase then the accountancy treatment would treat it as a sale by MCFC with the balance merely outstanding to be paid next year.

Honestly haven't got a scooby mate. I'm no bean counter.

Isn't income only regarded as income when it (finally) comes in ??

Mind you, depending on the span of our financial year (is it something like July to the following June ??), it might only be a deferred payment within that period.

Slim wrote:So next season when we are not under FFP restrictions, we will have another £25M plus Micah's purchase to add to the transfer kitty.