CANARYKING 707 Posted August 26, 2015 Anybody else read the back page on the money City owe on transfers ? No wonder we''re skint! £1.1 m still owed to Brugge for Vadis, £1.3m to Palerno for Lafferty and the figures for Miquelon are bonkers. Share this post Link to post Share on other sites
CANARYKING 707 Posted August 26, 2015 Sorry meant Miquel Share this post Link to post Share on other sites
Chip20 69 Posted August 26, 2015 I haven''t read it but is there any explanation about what it actually means? Are they add-ons based on appearances or just a case of we didn''t have the money up-front at the time and it all still needs to be settled? Share this post Link to post Share on other sites
Thisisbabyish 0 Posted August 26, 2015 Finance!Who in their right mind would walk into a Mercedes dealership and actually layout 50k on a car!Same principles with footballers, the money is doing far more for the club in the bank.Standard business practice Share this post Link to post Share on other sites
King Klose 0 Posted August 26, 2015 As per with The Sun, probably all made up anyway. As you say, standard practice with every club, but it mentions somewhere that Miquel is unlikely to play for Norwich again. Well, he''s already left, quite some time ago in fact. Share this post Link to post Share on other sites
Wacky Waving Inflatable Arm Flailing Tube Man 4,615 Posted August 26, 2015 As has been previously said, most big transfers are done in installments. Premier League clubs (and ones with parachute payments) can get away with it because they know they''re only 12 months away from a guaranteed windfall.The biggest question is why we spunked a couple of million on Miquel. It was obvious at the time that he had Martin, Turner, Bennett, Cuellar and Hooiveld ahead of him, plus Bassong still contracted but in exile, so why on earth we decided to buy him for biggish money (at the time) I have no idea. I''m knocking Miquel here, as it wasn''t his decision to sign him when we already had more centre backs than we could shake a stick at, but it probably is the worst piece of transfer business we''ve done in recent times. Share this post Link to post Share on other sites
Thisisbabyish 0 Posted August 26, 2015 Think they would have learned their lesson with Ayala Share this post Link to post Share on other sites
Rich T The Biscuit 676 Posted August 26, 2015 I hope Newton hasn''t read that article, our wasted £17m might have just got worse..... Share this post Link to post Share on other sites
