Stones to Citeh £53 million

Discussion in 'Bulletin Board ARCHIVE' started by Dragon Tyke, Jul 14, 2016.

  1. Dragon Tyke

    Dragon Tyke Well-Known Member

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    just seen this on facebook... Barnsley news now... anyone else with more info??
     
    Dragon Tyke, Jul 14, 2016
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  2. kektyke

    kektyke Well-Known Member

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    kektyke, Jul 14, 2016
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  3. Wat

    Watcher_Of_The_Skies Well-Known Member

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    Watcher_Of_The_Skies, Jul 14, 2016
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  4. Wat

    Watcher_Of_The_Skies Well-Known Member

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    £53m at 15% is just shy of £8m.
     
    Watcher_Of_The_Skies, Jul 14, 2016
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  5. JamDrop

    JamDrop Well-Known Member

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    Don't forget to subtract the money we got upfront as its 15% of the profit. Still a tidy sum though :)
     
    JamDrop, Jul 14, 2016
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  6. twi

    twillo Well-Known Member

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    I'll take £7.5 million
     
    twillo, Jul 14, 2016
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  7. wal

    walestyke Active Member

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    Don't think we will get hat much. It must be subject to vat at 20% so that will have to come off. Unless anyone can tell me different
     
    walestyke, Jul 14, 2016
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  8. JamDrop

    JamDrop Well-Known Member

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    If that's true that leaves us with around 6 million once that has been taken off and then the upfront money coming off too. I'd still take it :)
     
    JamDrop, Jul 14, 2016
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  9. twi

    twillo Well-Known Member

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    The up front money was £3 million. That won't get taken off the money we get, it'll get taken off the £53 million so won't make much difference percentage wise. So we'll get 15% of £50 mill which is £7.5, plus the 20% VAT. Looking at £6 million on the dot.
     
    twillo, Jul 14, 2016
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  10. Men

    Menai Tyke Well-Known Member

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    Which is way more than we would have ever got by selling him directly.
     
    Menai Tyke, Jul 14, 2016
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  11. JamDrop

    JamDrop Well-Known Member

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    I'd heard the amount £2.2 million banded about but, anyway, as I said - around £6million. I know I accidentally put 'then' but as you can see by the amount I gave I calculated it correctly (based on assumptions which probably means we are all way out!)
     
    JamDrop, Jul 14, 2016
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  12. twi

    twillo Well-Known Member

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    Haha probably!
     
    twillo, Jul 14, 2016
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  13. gooderzone

    gooderzone Well-Known Member

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    Pardon my ignorance but has anyone got any solid proof that we are entitled to 15% of the profit? I've heard the figure for years and years, but I must have missed the evidence.
     
    gooderzone, Jul 14, 2016
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  14. JamDrop

    JamDrop Well-Known Member

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    I'm hoping that there will be apologies to Cryne if Stones is sold and we get a nice windfall. The number of threads on here complaining about the amount was crackers.
     
    JamDrop, Jul 14, 2016
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  15. JamDrop

    JamDrop Well-Known Member

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    Cryne has said it a number of times. We also get a percentage (I think 15% again) of any profit that Everton get from future sales of him. The chances of him selling again for drastically more than £53million and Everton having a large sell-on clause included in the Man City deal are slim at best though. (I think that's how it works, there's definitely something about future sales, I presume it must be out of Everton's profits as we can't have sell-on clauses for his future with other clubs).
     
    JamDrop, Jul 14, 2016
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  16. gooderzone

    gooderzone Well-Known Member

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    Who has Mr Cryne told this to? Certainly in the interviews I've heard I've never heard him mention it.
     
    gooderzone, Jul 14, 2016
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  17. jedstar

    jedstar Well-Known Member

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    At the fan forum in Redfearns at the beginning of last season.
     
    jedstar, Jul 14, 2016
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  18. gooderzone

    gooderzone Well-Known Member

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    Thank you
     
    gooderzone, Jul 14, 2016
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  19. Jimmy viz

    Jimmy viz Well-Known Member

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    In the no 7 last year and the fans forum.
     
    Jimmy viz, Jul 14, 2016
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