Guest milne_afc Posted May 25, 2019 Share Posted May 25, 2019 Lets hope Bournemouth does not get creative and a do a player plus cash swap. ie Harry Wilson etc. The other variable is what happens if Tottenham makes a swoop for Wilson and Brooks would Fraser still be available. Should be interesting to see how this plays out... Hopefully some of this potential cash is reinvested in first team if a deal goes thru.STFU Link to comment
G31DON Posted May 25, 2019 Share Posted May 25, 2019 closest service station to my location 2 Link to comment
boboisared Posted May 26, 2019 Share Posted May 26, 2019 I've noticed the English press running with the transfer clause piece now. Link to comment
aberdeen1970 Posted May 26, 2019 Share Posted May 26, 2019 Lovely jubbly. Get the wee cunt sold Link to comment
the sheep Posted May 26, 2019 Share Posted May 26, 2019 Some one should have a word with the wee guy and tell him to push for the Arsenal gig and there will always be a job for him back here at Aberdeen when his career is nearing its end. Link to comment
aberdeen1970 Posted May 28, 2019 Share Posted May 28, 2019 Craig Broon in the paper today mentioning the 20% clause Link to comment
maryhilldon Posted May 28, 2019 Share Posted May 28, 2019 Craig Broon in the paper today mentioning the 20% clauseBigging himself up looking for brownie points? Link to comment
aberdeen1970 Posted May 28, 2019 Share Posted May 28, 2019 Bigging himself up looking for brownie points?Aye a wee bit Link to comment
Betty Swallicks Posted May 28, 2019 Share Posted May 28, 2019 Craig Broon in the paper today mentioning the 20% clause Dottery old cunt will have no recollection of Fraser. Link to comment
Betty Swallicks Posted May 28, 2019 Share Posted May 28, 2019 Disagree - Fraser is the CEO He'll not know him either after a long weekend. Link to comment
fine-n-dandy Posted May 28, 2019 Share Posted May 28, 2019 How much tax would the club have to pay on the money from a sell on clause I wonder.Capital gains? More than Rangers did I know that much Link to comment
TheRock Posted May 28, 2019 Share Posted May 28, 2019 I don't think capital gains tax applies to businesses, although maybe there's an equivalent. Link to comment
Don Shula Posted May 28, 2019 Share Posted May 28, 2019 How much tax would the club have to pay on the money from a sell on clause I wonder.Capital gains? More than Rangers did I know that much I don't think capital gains tax applies to businesses, although maybe there's an equivalent. Vat maybe? Here's the boring explanation!! Aberdeen are a company so pay corporation tax, which is a tax on profits (after adjusting for various items) and don't pay capital gains tax. However if you have made losses in the past then you can typically use these losses to offset future profits and avoid paying tax. At the end of last year Aberdeen had almost £25Million of tax losses brought forward so it will be a loooooooong time until AFC ever pay tax to HMRC, if ever. There is VAT on transfer fees so what we receive for Fraser will depend on what Bournemouth receive. If they sell for £30M plus VAT then we will receive £6M plus VAT. The VAT is a bit of a red herring as that is money that is received and then paid over to HMRC so we would clear £6Million (likely over a number of years I would expect). If Bournemouth receive £30M including VAT then that is the equivalent of £25M plus VAT so we would get £5M plus VAT so would clear £5M. Hopefully that is not clear as mud!! 2 Link to comment
fine-n-dandy Posted May 28, 2019 Share Posted May 28, 2019 Here's the boring explanation!! Aberdeen are a company so pay corporation tax, which is a tax on profits (after adjusting for various items) and don't pay capital gains tax. However if you have made losses in the past then you can typically use these losses to offset future profits and avoid paying tax. At the end of last year Aberdeen had almost £25Million of tax losses brought forward so it will be a loooooooong time until AFC ever pay tax to HMRC, if ever. There is VAT on transfer fees so what we receive for Fraser will depend on what Bournemouth receive. If they sell for £30M plus VAT then we will receive £6M plus VAT. The VAT is a bit of a red herring as that is money that is received and then paid over to HMRC so we would clear £6Million (likely over a number of years I would expect). If Bournemouth receive £30M including VAT then that is the equivalent of £25M plus VAT so we would get £5M plus VAT so would clear £5M. Hopefully that is not clear as mud!!Maybe a lil boring but then tax shit always is unless it’s involving the death of Rangers.All very informative though thanks & good news that because we were so bad & poorly managed in the past we can benefit from that now. Forward planning & all that. Shrewd fkr that Milne cunt eh Link to comment
aberdeen1970 Posted May 28, 2019 Share Posted May 28, 2019 Hopefully he moves early in the window so we might be able to benefit a wee bit in this window ourselves Link to comment
G31DON Posted May 28, 2019 Share Posted May 28, 2019 English transfer window closes much earlier than our one, I believe. Link to comment
Tord31 Posted May 28, 2019 Share Posted May 28, 2019 oh yea forgot about that.... 8th August Link to comment
G31DON Posted May 28, 2019 Share Posted May 28, 2019 Arsenal to win tomorrow to get in the champions league money trough. 32 million pound bid phoned in on the plane back from Baku. Tasty. 1 Link to comment
CityCentre Posted May 29, 2019 Author Share Posted May 29, 2019 Arsenal to win tomorrow to get in the champions league money trough. 32 million pound bid phoned in on the plane back from Baku. Tasty. That would be ideal, even if we got £2m of that this summer would make a huge difference. Link to comment
Reliablesource Posted May 29, 2019 Share Posted May 29, 2019 Don't usually give a flying fuck up who wins when a couple of guff clubs go at it but I'm hoping for an arsenal win tonight. Link to comment
Site Sponsor Dom Sullivan Posted May 30, 2019 Site Sponsor Share Posted May 30, 2019 Arsenal to win tomorrow to get in the champions league money trough. 32 million pound bid phoned in on the plane back from Baku. Tasty.Are you Dad in disguise? Well and truly fucked that theory 1 Link to comment
CalgaryDon Posted May 30, 2019 Share Posted May 30, 2019 Are you Dad in disguise? Well and truly fucked that theory I can see Chelsea signing Fraser. He'd be a good replacement of Hazard. I'm hoping the bids reach 40 million - Wolves, Tottenham, Chelsea, Arsenal, Newcastle, Liverpool and Manchester Utd all have declared an interest in him this summer. I doubt McInnes would see any of that money as it'll got straight towards the new stadium. Link to comment
dazzy_deff Posted May 30, 2019 Share Posted May 30, 2019 I can see Chelsea signing Fraser. He'd be a good replacement of Hazard. I'm hoping the bids reach 40 million - Wolves, Tottenham, Chelsea, Arsenal, Newcastle, Liverpool and Manchester Utd all have declared an interest in him this summer. I doubt McInnes would see any of that money as it'll got straight towards the new stadium.Unless they win the third appeal, chelsea won't be signing anyone this summer. Link to comment
Poodler Posted May 30, 2019 Share Posted May 30, 2019 Can Chelsea recall their 40 loan players instead of buying folk? Link to comment
dj_bollocks Posted May 30, 2019 Share Posted May 30, 2019 I doubt McInnes would see any of that money as it'll got straight towards the new stadium. F*ck me, this seems to be a standard trope these days... Of course he'll see some of it, just don't be expecting to go on a £5 million spending spree either... Same with the McKenna money when he's sold... 25% of the profits would be a fair and reasonable amount to expect to go into the transfer kitty based on the board's claim that any fee received for players (Hayes, Rooney etc) has gone back into the playing budget... Whilst it would be naive to assume DMc would get all of the RFC (ooooh...) it's what he ends up doing with it that worries me more... Link to comment
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now