O/T - Matt Targett

Apparently moving from Villa to Newcastle for a fee of ..................................................................................wait for it........................................ £15m!

Stupid money for an average PL full-back, even allowing for the fact it's Newcastle. Illustrates for me how out of touch with reality the PL is.

 

If you think a team signing a left back with a good number of premier league games under his belt for 15 million is bad, wait until you see how much Man United paid for Maguire a few years ago. That will really show you how bad the market is...............

Money has poisoned football for years, this deal is nothing compared to a lot of what goes on in the world. EFL players have sold for triple that fee. Not to mention the wages and signing on fees at 'elite' clubs like P$G etc.

 

after Man U letting Paul Pogba leaving for a free transfer after paying £90 Million then nothing should surprise you. More money than sense the lot of them. Football is ruined

 

What I like about Newcastle is they get their targets in early.

 

Matt Targett is a decent full back

 

Heard that Maximillian Albert George is one of those Wanted. Decent player apparently.

 

He had a decent season in fantasy league

 

£150m with his wages…. clever Accountants managed to write if off over 6 seasons.

Unreal

 

Seems reasonable for Premier League player with plenty of experience

 

It’s not really clever, a player purchased for £100m on a five year contract comes at a cost of £20m pa plus the agreed salary.

When clubs show in their accounts player amortisation this is the total of each player’s initial cost divided by their contract length.

United show amortisation in their last accounts of £120m, Barnsley, £2.5m.

 

I don't think you could have picked a worse example to demonstrate the obscene amounts of money being thrown around to be honest.

£15m for a vastly experienced Premier League full back, who's been on the fringes of the national team in the past, is not that bad.

Burnley allegedly want £40m for Nick Pope. That's obscene.

 

The thing thats even more disgusting, and is really harming clubs below PL level was the loan fee charged last season. £3m!

 

I think his example does demonstrate the obscene amounts of money in the top flight and though probably not by intention, your reaction shows how much we're desensitised to it. £15m is a massive amount of money. And that's just one player and not an especially significant one.

£15m for a full back is crazy, or it should be. Then you've got the wages and signing on fees and bonuses and endorsements. And on top of all that, the hours done are akin to a part timer.

The world is broken.

 

I think it’s always quite interesting to put these amounts in the context of tickets sales.

Signing a player for £15m with wages will equate to around £3.75m of depreciation and £5m pa wages, call it £9m pa over a four year contract.

Based on a ticket price of £40 and 20 games a season it takes over 11000 fans to fund that one player.

That’s where the riches of the premier league kicks in and TV money. £9m pa is less than 8% of the central distribution.

Or in other terms around 90000 barrels of oil.

 

Reads good … sort of !!!!!

I don’t even know what amortisation means.
Joking apart I get your drift but he has still cost them £160m over five/six years

 

He certainly has and it just shows how the gap is growing when clubs like United can spend such eye watering amounts on a player who managed 154 appearances. Or put another way about £1m per appearance. Football is well and truly broken.

 

You look at the wasteful largesse of football, not to mention the consumption that occurs at and to games or at PL level, while watching on the goggle box, and as much as we all love (to some degree) our team and probably to a lesser degree the notion of the sport, it's vulgar in the extreme.

I spoke with a neighbour on Monday and she'd volunteered at a soup kitchen the day before. 600 people (95% men) go through that soup kitchen every day. They are homeless. And classed as not ready for housing. yet on this particular day that overlapped the Jubilee, only 80 went through their doors. Because the police had been instructed to move them on as it wasn't a good look for the tourists.

The chasm between the biggest haves and the least have nots is extraordinary.

A bit of a tangent perhaps there, but imagine how far that £15m might go if it were used for a greater good.

 

If there way to directly spend it on the people who need it, maybe. The way the world works at the minute means it would be funnelled through a charity paying a CEO a six figure sum, maintaining an office in a city centre somewhere, spending a fortune on their digital branding. By the time that 15 million reaches the cause it’s supposed to, I bet two thirds of it have been swallowed up in costs.

I mean, 5 million would still help a lot of people, but it’s just sad the way the world works.

 

There's certainly some aspect of that, but there's also a large swell of people, small companies, groups and networks trying to help and donate food, time and money. The crying shame is that such a thing even has a place in 2022 England.

 

Absolutely. Desensitised is completely right. I think what I meant was, £15m is well below the 'going rate' for any Premier league footballer now. For example, West Ham are forking out £34m for a defender with no English league experience, who's the same age as Targett. He's a full international (albeit for Morocco), but he certainly seems like more of a gamble.