15% Sell On Clause For Stones

Discussion in 'Bulletin Board ARCHIVE' started by Dr Zazlos, Jul 31, 2015.

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  1. Wes

    Westie Well-Known Member

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    Re: What happens to our sell on clause if say

    OK, thanks.

    But who calculates the value of the player that's given as part exchange?

    £25m in cash pluss a player for £5m that is really worth £10.

    We lose £750,000 :-(
     
    Westie, Jul 31, 2015
    #21
  2. LDR

    LDRed Well-Known Member

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    Re: What happens to our sell on clause if say

    I love these threads. 5% 10% 15% 20% 25% 100%
     
    LDRed, Jul 31, 2015
    #22
  3. Wes

    Westie Well-Known Member

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    Re: What happens to our sell on clause if say

    I shall start writing X%, that should cover all possibilties. :)
     
    Westie, Jul 31, 2015
    #23
  4. Gor

    Gordon Ottershaw Well-Known Member

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    Re: What happens to our sell on clause if say

    That will be the benefit of more clubs making bids for him. If Chelsea and Man City make £34m bids, whereas Man United make a cash plus player bid that is accepted, it would be reasonable to assume that Everton and Man United's value of the player is £34m less whatever cash they pay.
     
    Gordon Ottershaw, Jul 31, 2015
    #24
  5. Gally

    Gally Administrator Staff Member Admin

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    Its not VAT exempt. It's how VAT works. You pay VAT on the things you buy for your business (Input VAT) and you charge VAT on things you sell (Output VAT)

    If you generate more output VAT than Input VAT you owe the difference to HMRC and vice versa
     
    Gally, Jul 31, 2015
    #25
  6. dreamboy3000

    dreamboy3000 Well-Known Member

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    Re: What happens to our sell on clause if say

    Exactly. If they do a deal of cash plus Evans what's to stop Everton coming to a deal with Man United to purposely underestimate the value of Evans so United pay less hard cash and Everton less money to us so both them clubs have a win/win situation and we lose out.
     
    dreamboy3000, Jul 31, 2015
    #26
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