Eastwood.....the saga continues

[norwich nolegs on tour]

Latest rumour from Carrow Rd is that Geoff King is not interested in a straight cash transfer,but might be interested in player plus cash deal i.e Paul Mc.veigh plus cash,but his wage demands might be the sticking point.

 

[AmericanShrimper]

Keep Freddy!!

 

[Angell Delight]

No I'm sorry that can't be right IMO, surely the club would prefer a straight cash deal to an exchange? Doesn't make sense for Blues to rebuff a straight cash offer and insist on a swap - surely they'd be open to either a straight cash deal or either?!

 

[Andy_S]

I'm pretty sure Paul McVeigh was told he was being released by Norwich a while ago, so in that case you're talking b******s.

 

[Norwichsufc]

Quote[/b] (Andy_S @ June 17 2005,19:10)]I'm pretty sure Paul McVeigh was told he was being released by Norwich a while ago, so in that case you're talking b******s.

Can't agree more, Nolegs!!!!!!!!!!!
Utter B****cks.
Perhaps there are less gullible supporters on this forum than the "Pink Un"

 

[Upminster Blue]

Quote[/b] (Angell Delight @ June 17 2005,18:52)]No I'm sorry that can't be right IMO, surely the club would prefer a straight cash deal to an exchange? Doesn't make sense for Blues to rebuff a straight cash offer and insist on a swap - surely they'd be open to either a straight cash deal or either?!

A swap deal makes financial sense given that Grays are on a cut of any fee.

Assuming for illustration purposes Grays are on a 50% cut and the straight cash price for Freddy is £500k, we'd only see £250k.  Supposing we then use all of the £250k to sign a replacement we'd then end up with:

- no Freddy  

- a replacement striker valued at £250k; and
- no cash from the deal

However, in a swap deal the player we get in exchange will eat in to Grays share of the fee, effectively subsidising the fee for the player received.  For example, taking the above scenario we'd end up with:

- no Freddy;
- a replacment striker valued at £250k; and
- £125k in the bank (£250k net transfer fee less Grays' 50% share).

 

[Andy_S]

Grays get a tiny cut, if any, from a sell on. It's no where near anything like 50%.

 

[Upminster Blue]

Quote[/b] (Andy_S @ June 17 2005,20:43)]Grays get a tiny cut, if any, from a sell on. It's no where near anything like 50%.

I was just using 50% to simplify the example. I hope it's nowhere near as much as that but there have been several posts quoting up to 60%.

A high percentage would explain our reluctance to sell.

 

[Andy_S]

I understand you were using it as an example, but as I said, Grays will get very little, if any from a sell on. It's not as big an issue as perhaps people think.

 

[McNasty]

Quote[/b] (Andy_S @ June 17 2005,20:53)]I understand you were using it as an example, but as I said, Grays will get very little, if any from a sell on. It's not as big an issue as perhaps people think.

If this is true, which I doubt , then the Grays executive who sanctioned the Fredy sale "with little, if any sell-on " as part of the deal would get the sack if he worked for me.

 

[Shrimper_JH]

Freddy aint for sale end of chat as far as I'm concerned!!

 

[blueheaven]

Everyone is for sale - at the right price.

 

[norwich nolegs on tour]

Quote[/b] (Andy_S @ June 17 2005,19:10)]I'm pretty sure Paul McVeigh was told he was being released by Norwich a while ago, so in that case you're talking b******s.

McVeigh still has 12 months left on his contract,it would be more accurate to say that he has been told that he no longer figures in Worthington's plans.Again the major sticking point seems to be whether Southend can find the dosh for wages.

 

[Spaceman Spiff]

A major sticking point seems to be that its utter sloblock...

 

[Angell Delight]

There is NO WAY Uncle Ron would have sanctioned such a massive sell-on for Grays - my guess is its somewhere between 20-25%....may even be lower. Do you know the figure Andy_S?

 

[Shrimper_JH]

Quote[/b] (blueheaven @ June 18 2005,07:53)]Everyone is for sale - at the right price.

Obviously, but although Freddy is highly rated, no club would pay over a million for someone with half a season under his belt in the professional game, and it will take silly money into the millions for uncle ron to say yes.

 

[blues_r_best]

If Norwich really want Freddy, Ashton and £300,000 would seal the deal.

 

[Guest]

Realistically I'd be surprised if Ron turned down a bid of more than £1m for Freddy, but in any case no club outside the premier league or maybe the top few championship sides would have the cash needed to prise him off us without using most or all of their budget so we shouldn't worry.

Freddy's going nowhere.

 

[Shrimper2thecore]

Why would McVeigh or Ashton, want to consider league 1?

 

[BoyWonder2]

The Ashton comment was made tongue in cheek. Ashton is being looked at by a few Premier$hite Clubs again.

Also, they'd only be dropping down one division, following Norwichs' relegation.