Freddy's sell on clause...

Blue_Shrimper1959 · May 19, 2008

Message Removed.

EastStandBlue · May 19, 2008

The way I remember it is that it's 25%, but off any profit made by Wolves. So, if he were to go for £2m, the profit would be £500k, leaving us with £125k from the sale.

BoyWonder2 · May 19, 2008

I'm pretty sure the sell on fee was a percentage of the total transfer fee recieved by Wolves, not a percentage of profit made.

Andy_S · May 19, 2008

http://www.southendunited.premiumtv.co.uk/page/NewsDetail/0,,10444~1068008,00.html

Above is the story when we sold Freddy. The last paragraph mentions the sell on, but it says nothing about it relating to the profit they make. :unsure:

EastStandBlue · May 19, 2008

I recall the Wolves article spreading more light on the clause... I'll see if I can dig it out.

Andy_S · May 19, 2008

Who knows if we'll ever know the truth!

Bluesmanager · May 19, 2008

The way I undesrtand it is that it's 25% of the total cash (though that's mostly from Football Manager).

bomma77 · May 19, 2008

Ron Martin's going to sign him for Southend, that's why we've had a big clear out of some of the higher paid players.

Blue Streak · May 19, 2008

The London Paper (free newspaper handed out at London Stations each evening) quotes QPR as being interested in him. Now they have some serious money so £2m might be batting a little low. Wait and see.
QPR are also quoted as wanting Kevin Phillips, as well as Eastwood.

MrB · May 19, 2008

bomma77 said:
Ron Martin's going to sign him for Southend, that's why we've had a big clear out of some of the higher paid players.

So if we pay £10m for him, we could get £2.5m as part of the sell on clause. Woo hoo, free money! Let's pay £15m!

Harold Bishop Killer · May 20, 2008

MrB said:
So if we pay £10m for him, we could get £2.5m as part of the sell on clause. Woo hoo, free money! Let's pay £15m!

But that would involve having 10 million in the first place.

Plus we pay ten million and get Freddy + 2.5 million. That equals to us shipping out 8.5 million. Something doesnt add up here!

:unsure: :doh:

MrB · May 20, 2008

Yeah, I must be a bit dim or summink.

sufcforever · May 20, 2008

Staines Shrimper said:
...anyone know how much it was in the end? As it could have significant influence as to our spending power this summer- if he goes to coventry for quoted £2 million!

i do believe it was 25% of whatever the final fee paid is :)
thats quite a bit of cash for RM to spend bringing in a few new players

Mick · May 20, 2008

It is usual (and logical) for a sell-on clause to relate to profit.

Cases where the sell-on relates to whole fees are normally when the original sale price is very low.

Mick · May 20, 2008

Backpacking Shrimper said:
But that would involve having 10 million in the first place.

Plus we pay ten million and get Freddy + 2.5 million. That equals to us shipping out 8.5 million. Something doesnt add up here!

:unsure: :doh:

See you didn't pack your calculator !

fredheim_holm · May 20, 2008

Backpacking Shrimper said:
But that would involve having 10 million in the first place.

Plus we pay ten million and get Freddy + 2.5 million. That equals to us shipping out 8.5 million. Something doesnt add up here!

:unsure: :doh:

A fitting last sentance, BS.

GNH · May 20, 2008

Backpacking Shrimper said:
But that would involve having 10 million in the first place.

Plus we pay ten million and get Freddy + 2.5 million. That equals to us shipping out 8.5 million. Something doesnt add up here!

:unsure: :doh:

Wooshhhhhhhhhhhhhhhhhhhhhhhh :tumbleweed:

keefmoon · May 20, 2008

We sold him to Wolves for 1.5mill and he hasn't hit a cow's **** since August.
Why does everyone think that someone now wants to pay 2mill and more for him?!
Crazy. Wolves, given his record there, will be lucky to get a million for him.