30 Jan 2018 11:17:14
I saw a report saying Real Madrid might be in a bit of financial trouble because of their stadium name sponsor (or something) falling through and they will need to sell players to recoup some of the €400mil, so surely they won’t be able to afford Salah? here’s to hoping anyway 😅.

1.) 30 Jan 2018
30 Jan 2018 11:20:03
They'll get bailed out by the Spanish government (again) .

2.) 30 Jan 2018
30 Jan 2018 11:35:50
Rumour has it that in the attacking positions they want hazard, Kane and Salah.
Spurs will probably demand a very high fee for Kane (if they let him go), and likewise Chelsea for Hazard, and we know Salahs value is going to increase hugely if he continues to play the way he has been.
The ageing (and fading) Ronaldo will ask for very large wages from any interested clubs, and the permanently injured Bale's fee will probably be in the region of £100m plus, all of which makes it difficult to envisage there being lots of takers for either player.

So you can't help but wonder how Real are going to finance a complete new forward line of world class superstars that might cost a combined £500 million.
I do wonder if even Real will have the resources to pay for all three of the stars they are rumoured to be going after this summer.
Player sales maybe?

3.) 30 Jan 2018
30 Jan 2018 11:50:19
Real Madrid is the largest footballing brand in the world, they have not spent a lot of money in previous windows.

Expect them to have the cash reserves to do as they wish.

{Ed001's Note - they don't have large cash reserves, but they are able to draw on large amounts of credit to use for transfers.}

4.) 30 Jan 2018
30 Jan 2018 12:15:47
Yes Ed don't they in a very leaned wording take what their future earning are and loan against those, they have done this previously with "galactico" signings haven't they.

Guess the tree has been taken down now ed?

{Ed001's Note - all clubs do that mate, transfers are never paid with from cash in the bank, except in very rare circumstances, such as a team that has had financial difficulties. One of the best sources I used to have many years ago was a 'friend' who used to be one of the decision makers on these loans for a private financial institution. She opened my eyes to a lot of the financial side of the game, and how so many businesses operate on an overdraft. I have only had an overdraft once, when the bank made an error and sent me a letter, which they charged me £7 for to tell me that I was £6.33 overdrawn due to this letter that they were sending me to tell me that I was now overdrawn. Which was confusing. What was even more confusing was that over the next few days I received about 50 more of the same letters, with a £7+interest increase in the overdraft I had due to the fact that they had sent me a letter and charged me for it. The best bit was that the bank were very 'good' about it, they told me they would not charge me interest on the overdraft but I still had to pay for the letters! I think you can imagine my reply and I immediately went across the road and opened an account with a different bank. Two days later the two banks only went and announced a merger! Sorry got sidetracked then.

Basically most businesses in Europe, whether football clubs or otherwise, tend to operate off an overdraft. Arsenal are a very obvious exception. When they need funding for something big, like a player, they see certain financial institutions for short term loans against future income, which is what she dealt with. I remember when Spurs, who were one of her clients, were hawking round Europe trying to find a striker, and she could tell me exactly how much they were willing to spend as she was the one providing the funds!

The tree got ripped down straight after we lost to Swansea. I was in need of something else to tear down after the WBA result!}

5.) 30 Jan 2018
30 Jan 2018 12:17:31
Do they end up actually paying this line of credit back Ed? Seems they’ve been drawing on it for years!

{Ed001's Note - yes mate, they do, it is Barca that has built up significant and overwhelming debt burdens. However the banks are afraid to force them to repay as they would then find half of Spain would take their money out!}

6.) 30 Jan 2018
30 Jan 2018 12:26:10
The report was suggesting that they would not be abandoning their transfer targets, but would need to sell to buy, now that the naming has fallen through.

The names they mentioned were Ronaldo, Bale and Isco as likely departures. I guess you can add Benzema and James Rodríguez to that. Pretty impossible to price all 5 due to each of them having some negatives due to age, wages, lack of playing time and injuries.

But Real Madrid tend to get what they want so I can see it happening. Biggest question is who can afford Fee and Wages of any of those names, certainly a big investment for any club.

So unless there is a serious change over the next 5 months losing Salah will be a serious threat. This would not just be a money move now, it would be an opportunity to be part of a new project at one of the biggest clubs in the world. Easy sell for his agent and the buying club.

7.) 30 Jan 2018
30 Jan 2018 12:44:13
Was this lady "friend" a very special friend, Ed001? Was this lady "friend" our very own Ed002 or one of his many many wives?

8.) 30 Jan 2018
30 Jan 2018 12:47:05
Cheers Bud as always a good insight.

Bank are great aren't they I work in finance buddy so I know the pains!

9.) 30 Jan 2018
30 Jan 2018 12:58:45
Just a “friend” eh Ed? 😜.

{Ed001's Note - well yes, until she got married. Her hubby objected to her having other 'friends' after that. Miserable bugger.}

10.) 30 Jan 2018
30 Jan 2018 12:52:05
I was under the impression that Madrid were after Hazard and Neymar for the wide positions and that it was Salah who asked his agent to contact Madrid, not the other way round.

Don't get me wrong, I think Madrid would be interested in Salah if they cannot get their first choice players, but I don't think he is top of their list.

Feel free to correct me if i'm wrong Eds (it's happened plenty of times before)

{Ed001's Note - that sounds pretty close to me mate.}

11.) 30 Jan 2018
30 Jan 2018 13:09:31
Hazard, Kane and Salah? They won’t get all 3, probably only one, and guess which one they will get.

{Ed001's Note - Kane?}

12.) 30 Jan 2018
30 Jan 2018 14:30:02
cant see them getting Hazard or Kane . and if we got a very high price for Salah, it would be very tempting for the club .

13.) 30 Jan 2018
30 Jan 2018 14:38:52
It would be more tempting to me to watch them with Salah playing.

14.) 30 Jan 2018
30 Jan 2018 16:50:27
Don’t Madrid own loads of land that they sell off to finance transfers? Or has that all gone now?

{Ed001's Note - they sold the training ground, massively overpriced, in a one off deal that also saw the govt give them a brand new better training ground too.}

15.) 30 Jan 2018
30 Jan 2018 17:28:38
they are 'royal' madrid for a reason.

16.) 30 Jan 2018
30 Jan 2018 18:33:18
You got stuffed Ed01.

when the banks were charging for "letters" a guy I know argued the toss with them that legally their time (to write the letter) was no more valuable than his and he in turn was charging them to reply to each letter. in the end he just had to pay the overdraft not the charges.

17.) 30 Jan 2018
30 Jan 2018 18:42:53
Ed002 told me transfers were paid by cheque 🤨.