[Link] All KI Transfer Rumours

Some people are going on about Ki as if he was Crosas or Donati. He is far superior to them and was a better Celtic player than both combined.

Ki was MOTM in the Broony game at Ibrox when we had 10 men.

 

Dont agree with the ki bashing going on. Also dont agree with the praise mccourt gets in comparison. If mccourt was better than ki swansea would want mccourt, but they dont, cause nobody wants him. Why so many people kiss his * is beyond me

 

[ame="http://www.youtube.com/watch?v=gJzGHieVeR4"]Korean Football Player :: Ki Sung-Yueng - YouTube[/ame]

Just watch the first couple of minutes of this and say he wasn't some player. I love all our midfielders but I think Ki is the best when he's on form and although I like Kayal and Wanyama more, objectively I have to say I think Ki will go on to have the best career.

Anyway good luck to him, I for one will be genuinely upset to see him go.

 

I'm hearing a lot of talk about servicing the debt, however I've also heard differing stories regarding the debt - ranging from £950k to £7m...

A quick Google search shows that, as of Feb 2012, Celtic were reporting a bank debt of £7m - but that was 6 months ago...

So how much have Celtic wiped off the debt in the past 6 months and what does our debt currently stand at???

Even if the bank debt is £7m - then the sale of Ki (at £6.3m) pretty much takes care of that...

If one of the earlier posts is bang on and we brought in £1m from the Real friendly, plus the money already brought in from the 2 European ties played and the 2 about to be played (seen £5m reported in an earlier post) + the guaranteed £7m from the Europa league (at very least) means that we SHOULD be in a position to make at least 2 decent signings - perhaps even 3...

To lay it out;

Outgoing;
Debt = £7m

Incoming;
Ki = £6.3m (initially)
Real game = £1m
4 Qualifiers = £5m
Europa = £7m
Total = £19.3m

So, £12.3m left over once debt is paid off (should it still be the £7m reported in Feb)

And if all goes to plan and we get past Helsingborgs, then add another £8m onto that figure!!!

Plus, we have released a whole team full of players, so we have reduced our ongoing operational costs.

Overall, we are performing well as a business, are on a sound financial footing and, IMO, are in a position to recruit the 3 players on top of Lenny's list;

Rhodes - £4m
Henricksen - £2m
CB - i.e. Ciani - £2m

So bring in these 3 and we are still running at a profit of at least £4.3m.

In actual fact, looking at the above figures we could probably afford to do all of the above AND keep Ki - even if it were to just keep the Celtic name current amongst the Asian fan base (although I'm pretty sure we're already looking for our next recruit from the East)

But then, maybe the stories are true - perhaps Ki did want to move on, or maybe the board want to bring in as much as possible to ensure we are in the black for the foreseeable future...

Either way, as long as we continue to operate in a sensible fashion - both on and off the park - plus we recruit the right player from Eastern market for our next Mr Marketability, then we'll be doing more than fine!!!

Hail Hail

 

Exactly. Ki always looks for opening as opposed to pointless square passes. Loads of top teams are interested for a reason. And whilst we're discussing Atletico Madrid, can no one remember Kayal ducking and costing us the game at home ? If Ki done that people would still be slating him.

 

Is Dobbie still part of the deal. I hope so, - he's magic

 

Was that * * Ki that told Kayal to duck

 

Ki MOTM at the shitpit is a myth.

Everyone around me was screaming for him to get taken off the day on many an occasion.

 

We should have held out for more than £6m but all in all it's quite a good deal for us. Hopefully that can be reinvested into the squad on a new CB and striker.

 

dillusional

 

Agree..except I believe he is delusional

 

Wouldnt say he was delusional at all, Kayal's a much better player, and there's not many games i can say that Ki has had a huge influence on..... i think he'll flourish in the EPL with a bit more space and a bit less aggression...


Good luck to him.

 

Delusional how?

 

I've heard fans at matches shout many a ridiculous thing.

It's widely acknowledged on this forum (with the benefit of hindsight) that the Ibrox game was one of Ki's finest performances for us.

 

Just for the record.

Anyone that has seen Ki's twitter or anything else will see that he has said that he did not say he wants to leave.

He said if the club accepts his bid, he will accept to leave.

* press twisting words.

Also bid is 6.3 million pounds cash, with extra's that should raise it to around 8.5/9 million depending on exchange rates and performance based additions.

The deal is far from accepted and Swansea still to speak to Ki or his reps about the move and personal terms.

So its a good deal but people on here saying he never had a decent performance, the lad posted the video on both ki threads it was 14 minutes of mostly him in a celtic shirt ripping clubs apart with his passing.

I think he will flourish at Swansea and hopefully he go's on to have the career a dedicated professional like him deserves.

 

Exchange rates?? Personally i like Ki, always have and believe he will go on to have a great career. However if we are getting 6M+ as well as an extra 1.5M or so that is rumored to be ad ons and a % of a future fee that is a fantastic deal for the deal. I wish Ki all the best and hope he goes on to ram all the unfair and unjustified criticism down the throats of the people on here who can not spot talent when they see it.

 

Yep, transfer fee's are usually paid from offshore to offshore account to avoid full capital gains tax as well as any VAT/ that may be inclusive.

These accounts are multi currency and the amount of money made from arbitrage currency switching on these sums can pay Scott Browns wages for a few months.

Example, both the Euro and Dollar have switched over 0.10 -0.15 of their own currency against the Pound in the past 6 months. As transfer fee's are invoiced with usually a payment period of up to 12 months from the player leaving date clubs will often arrange invoice and payment dates to coincide with favorable rates.

Example, a 6 million fee paid with a 0.8 p currency swing could be like earning 8 pence to the pound vs the paying currency over the initial amount. Meaning there is a fair whack of change to be made by playing this correctly.

Completely off topic I know, but its what happens.

TL;DR - Clubs don't get paid the full amount the next day, it can take up to 12 months to be paid on an invoice sent for a player sale. Clubs switch money from offshore account to offshore account. Many use multi currency to make money on exchange rates.

 

Could this not work both ways though? Either way if the rumoured deal is true and we qualify we should be very comfortable finaclly and shoudl go out and get the center back and forward we need. Agin, looking forward to see him at Swansea.

 

It can, but invoice and payment dates are dictated by the invoicing club. thus making them in the driving seat. Both clubs can play the game this way, sure. But if a paying club does not pay in time, interest is charged, it is up to the selling club to date the invoice at the correct favorable date.

Last we heard Celtic were running at 7 million pounds of debt, this was just 6 months ago. The assumption is it might have crept up a bit more. Ki's money, as Lennon has stated could be used to service this.

Leaving him with the CL money to make any last minute business. Celtic never speculate to accumulate, this bothers me, even though we have shed a hefty amount off the wage bill compared to last season and now raking in this money from the transfers out.

It tells me we are bracing for bad financial news in terms of P&L.


The sad side of the Ki deal is this, no doubt after his performances in the Olympics, whatever club he plays for will make more this coming year from him commercially than we did last, which was rumored to be around 2 million pounds. With 18 months left on his deal, work out what we are losing from selling him, We are not gaining that much financially so dare I say we will not be seeing much of the Ki money going into the transfer kitty, I think any incoming will still depend on the CL money.

So, rumored debt. - in excess of 7 million.

Ki transfer - 6.2 million.

Hit on commercial income over 18 months at the rumored figure of last year, 2 million over 18 months is 3 million, + no doubt that figure will be higher due to his raised profile as well.

Looking at still some debt to chip away at.

No doubt, people on here will turn a blind eye to the above.


EDIT - just to add.

I would think everyone would agree rushing to buy players in the last few days of the window is not a successful strategy, we will be left to do this. Paying over inflated prices of players clubs clearly don't want. This is what we WILL do, should we qualify for the CL.

Secondly - I am not suggesting we keep Ki, I am suggesting we do what is right for the club, I understand not everyone see's things as I do, I am more worried about Celtics financial future and prosperity of the clubs balance sheet to secure a good future than who we buy or sell in the current climate. However it does not make me any less of a fan, I just see it in a different light. Both at the end of the day spell long term success for the club.

Lastly - I do not have this hardon for Ki everyone thinks I do. I think by the above it can be pointed out where I see his value to our great club. Commercially, yes I think his style of play is something I enjoy to watch compared to some. But as said, I think the above settles any opinions on how I see him vs our club.