[Football] Undisclosed

[MrSnuggles]

Why are the majority of our signing fees 'undisclosed', not just in this window but previous ones also? Just curious!!

 

[Smirko]

Because they do not want to disclose them, perhaps?

 

[MrSnuggles]

Thanks for that Smirko! Very enlightening!

 

[spence]

I don't know why either. Most of the time the deal is leaked anyway making it pointless.

 

[Seasider78]

Why are the majority of our signing fees 'undisclosed', not just in this window but previous ones also? Just curious!!

I am guessing so when we buy future players other clubs do not use the fee quoted to inflate their price and likewise when we sell they don’t know how much money we have in our pockets

 

[Bod]

Tax dodge?

 

[Weststander]

Both clubs agree secrecy, for commercial reasons.

But I have faith in the figures eventually stated by the BBC, Argus and broadsheets. Sometimes the club later give the media a clue, to get it out there in quashing wild exaggerations with "The club have let it be known that figures quoted are wide of the mark" or "Press reports stating a club record fee was paid are incorrect".

A year later, the published company accounts give accurate information on aggregate sums paid in a season and post balance sheet, in the notes to the accounts and directors report.

 

[Saunders]

The same reason why poker players wont show you the hand they had if they fold. Unless they want to **** with your thinking.

 

[ac gull]

so nobody knows

 

[GT49er]

Because they do not want to disclose them, perhaps?

Well, yes maybe you've got something nobody's ever thought of there........



It is bloody annoying though. Surely the financial details are included in the paper work handed in to the authorities - why can't they just pass a rule that says it must be disclosed - and then disclose it?

 

[Dorset Seagull]

I am guessing so when we buy future players other clubs do not use the fee quoted to inflate their price and likewise when we sell they don’t know how much money we have in our pockets

You would think all clubs would do the same for the same reason but don’t seem to

 

[doogie004]

so nobody knows

Tony does


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[Luke93]

Thanks for that Smirko! Very enlightening!

It is literally the reason why...

 

[drew]

Tony does


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And I think the FA will know as I believe the details of all transfers/contracts have to be lodged with them.

 

[Saunders]

You would think all clubs would do the same for the same reason but don’t seem to

Not all clubs have a poker player as an owner

 

[DavePage]

There are good reasons, which shall remain undisclosed

 

[PILTDOWN MAN]

Bloom’s wealth is also undisclosed perhaps it’s how he prefers to do business.

 

[Husty]

Well, yes maybe you've got something nobody's ever thought of there........



It is bloody annoying though. Surely the financial details are included in the paper work handed in to the authorities - why can't they just pass a rule that says it must be disclosed - and then disclose it?

Why do you need to know so badly?

 

[Johnny RoastBeef]

Why do you need to know so badly?

I'd like to know, but at the end of the day it doesn't really matter who spent what.

This piece from planetfootball.com looks at the correlation between amount spent and final league position.

https://www.planetfootball.com/in-depth/investigating-whether-link-transfer-spend-pl-position/

Wolves and Fulham beware, splashing the cash don't mean a thing. Although last year we were the expception, 15th highest spenders who finished 15th.

 

[Worried Man Blues]

So we can't say £4m was a hell of a waste of money for that! Now we just move on.