Current Avatar:
No Avatar image uploaded
No Avatar image uploaded
Liverpool Rumours Member Posts
AdamH's Profile
AdamH's Posts and Other Poster's Replies To AdamH's Posts
To AdamH's last 5 banter posts
To AdamH's last 5 banter replies
AdamH's banter posts with other poster's replies to AdamH's banter posts
10 Jan 2019 11:30:20
Hi Eds and Red's happy new year and all that jazz :)
I have a question regarding transfers, how are they conducted? Do clubs send reps out to meet other reps etc?
Sorry it's not Liverpool related I just like learning about the inner workings!
{Ed002's Note - The process should be along the lines of: Clubs will typically informally ask an agent (a) if the player is going to be available, and (b) would the player consider a move to the club. There may be some broad discussion on the sort of deal that would be offered but no more than that. If the answer is yes, it is then necessary for the club to approach the player's club to ask if they would be willing to sell and if they would grant permission to speak to a player's agent formally about a transfer and possibly even the player about actually making a move. This will typically involve either broadly (through an offer) or actually agreeing a fee and responsibility for any significant costs (agents fees etc.). Once this has happened the club will be able to speak to the player's agent and perhaps the player himself to look at the package that will be involved. Many players are looked at and discussed at a high-level with agents and clubs; a subset of those have an offer placed; a subset of those involve discussions with the player's club; a subset of those involve discussions over terms, and; a subset of those go ahead.
Agents will often try and get more specific details of wages and other financials before they should - but most clubs are happy to follow this process. Players will often talk to other players about moves but, whilst wrong, is tolerated as it would be impossible to manage.
Alternatively, a selling club may ask an agent to find a new club for a player and he will talk directly to poetntial selling sides about the fee, personal terms and interest.
The rest of the time agents will be on fishing trips trying to find interest in their players.
In terms of what happens when the negotiations take place, broad agreement (player available and open to discussions, understanding of the price) will already have been reached. The clubs will meet to discuss the details of the transfer fee, other costs associated with the move and the structure of the payments and any additional fees (e.g another €5M for winning the Champions League etc.) but this does not take a "few days".}
1.) 10 Jan 2019 16:53:01
Good question great reply.
2.) 10 Jan 2019 15:48:58
On the talk of transfers ed2, with the English clubs seemingly having to pay a higher price for players do any of the English clubs go through a 3rd party to try and keep their name out of negotiations to get a better price, Not saying there's a conspiracy or anything like that but I remember seeing after United signing fred and martial before that their clubs coming out saying along the lines of they asked a higher price to try their luck and got it.
{Ed002's Note - no that would not work.}
3.) 11 Jan 2019 00:20:25
If you get time eds 002 could you add the article on true costs of transfers to this thread, I think they'd work well together, cheers.
{Ed002's Note - It might be an apt time to explain again about the cost of transfers (excluding wages). What is paid by the buying club would typically include:
(a) Transfer fee - the big number.
(b) Any levy applied by the local FA – 5% for the EPL.
(c) Tax due on the transfer fee – typically this will be VAT (at varying rates across Europe) some or all of which should be reclaimable.
(d) Agent fees – this may be to one or more agents (as an example, Liverpool have spent £40M plus VAT on agent fees over the past three years leading to this window).
(e) Tax due on the agent fees – typically this is VAT at the local rate where the agent bills from – it is not reclaimable.
(f) Intermediary fees – this may be to one or more sponging leeches (what do you mean you have a super agent?) .
(g) Tax due on the Intermediary fees – typically this is VAT at the local rate where the Intermediary bills from – it is not reclaimable.
(h) Signing on fee to the player (possibly including non-reclaimable VAT if the player is VAT registered).
(i) Legal fees.
(j) VAT on legal fees which is reclaimable.
(k) Moving/relocation costs for the player.
(l) VAT on moving/relocation costs which is reclaimable.
(m) Paying up insurance costs to the selling club (sometimes waived).
What is paid by the selling club would typically include:
(a) If the player is under 24 and moving between different football associations, a Solidarity contribution paid to his previous clubs responsible for his training - this is 5% of the transfer fee received (apportioned 5% of the contribution for each year from the season of his 12th birthday to the season of his 15th birthday and 10% of the contribution for each season from his 16th to 23rd birthdays).
(b) If the player moves to a higher category club (all clubs being categorised 1 to 4) then Training Compensation is due for the period of age 12 to 21. Compensation is due to all clubs when the player turns from amateur to professional and thereafter only when he moves from his final training club to another club. The initial training compensation is levied at the training costs associated with Category 4 clubs. The subsequent figure is agreed between the sides or tribuneral if necessary.
(c) Any monies owed to the player if he did not request a transfer – again this is 5% of the transfer fee received.
(d) Any monies owed to the player in terms of his contract (typically outstanding owed wages (not future wages) and bonuses).
(e) Any money contractually due to a previous club as the result of a sell-on clause.
15 Nov 2018 12:46:52
Hi Eds,
I know its not really a Liverpool thing but are able to say what Željko BuvaÄ is doing now?
Thanks.
{Ed002's Note - He turned down a management role and is not doing anything right now.}
1.) 15 Nov 2018 19:30:10
Breathing? Eating? Sleeping?
2.) 15 Nov 2018 16:43:23
Thanks for the reply Ed002.
{Ed002's Note - You are welcome.}
04 Jul 2019 11:17:43
What website is it please?
03 Dec 2018 08:54:20
It's nice to be winning games that in the past would of hurt us, lots of luck with the goal but good on Origi for gambling and thanks to Pickford for the assist. what was he thinking!
And Man Utd slipping up again on Saturday made it a great weekend for football!
15 Nov 2018 16:43:23
Thanks for the reply Ed002.
{Ed002's Note - You are welcome.}
21 Aug 2018 11:01:52
Sad news Salah, hope your road to recovery is a quick one and justice is served to the perpetrators.
Been meaning to make an account a could not think of a better reason. YNWA.