• TheUltimateScotsman@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    paying ridiculous amounts with money loaned from banks.

    That’s how most of these transfers are paid though. It’s particularly obvious with release clauses.

    Clubs offer better value for transfer with a significant amount upfront. The buying club hasn’t got that money but the interest they pay will be lower than the premium the selling club wants for more installments. Take out a loan and it’s ok. Clubs are fairly low risk in terms of lending. Even a club massively in debt will almost always pay their loans eventually.

    • Frankenstein_3@alien.topB
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 year ago

      This is true. What my point was no loan has ever been taken to pay wages. As far as I am aware. I would be open to stand corrected with valid sources though.

        • Frankenstein_3@alien.topB
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          Ohh yeah, sorry. I am at work and saw wages pop up in some comments, and replied as per that. But I do agree, loans are taken to pay for transfer fees. It’s standard for every major transfer irrespective of the club.

            • TigerBasket@alien.topB
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 year ago

              People don’t read articles here, or anywhere on reddit tbh. One of my professors has his tests just be like from the first 3 pages of each textbook chapter, and people still don’t read it. It’s like 5 minutes of work lol.