Page 2 of 2
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:26 am
by Newcastleclaret93
Jakubs Tash wrote: ↑Mon May 16, 2022 9:24 am
Collins hasn’t played the number of games required yet to command the big fee some people are taking about which is why it would make absolutely zero sense to sell him this summer. He looks a real talent but needs to play more games before being touted as such a high price.
I agree, but I guess it totally depends on the clubs finances.
If he needs to be sold to help pay of the debt then I’m sure he will be.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:28 am
by warksclaret
With more performances like yesterday there will not be many takers.When he started playing for us I thought he was sensational but yesterday he was totally lacking in confidence, and when he comes back to defend he tries to be too clever and becomes a liability. He also goes down injured at the slightest touch. He could turn out to be the critical factor in keeping us up with several goals, but I have seen a different player since Wolves away last December
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:29 am
by agreenwood
Ignore Newcastle, he’ll spend the summer simultaneously posting about the dire state of our finances and demanding that we spend fortunes on his transfer threads.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:29 am
by Jakubs Tash
For a forward/winger, can somebody tell us how many times Maxwel Cornet has taken a player on? How many times has he got the ball in a wide area, 1v1, and gone at his opponent?
Genuinely can’t remember him doing this once.
I like him and think he’s a good player in the right system but I expect more from him in general play as an attacking force for us.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:29 am
by jedi_master
Newcastleclaret93 wrote: ↑Mon May 16, 2022 9:26 am
I agree, but I guess it totally depends on the clubs finances.
If he needs to be sold to help pay of the debt then I’m sure he will be.
Only clubs that would take Collins for the fee it would need at this stage would be big, big sides buying him for the future, in my opinion. If that’s the case a sale at £20m with season loan back might be possible.
Let’s just hope all of this discussion is irrelevant in a weeks time.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:30 am
by Newcastleclaret93
agreenwood wrote: ↑Mon May 16, 2022 9:29 am
Ignore Newcastle, he’ll spend the summer simultaneously posting about the dire state of our finances and demanding that we spend fortunes on his transfer threads.
What a weird take.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:30 am
by arise_sir_charge
If he goes this summer the £40m before we even answer the phone.
He’s a phenomenal talent.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:31 am
by Newcastleclaret93
jedi_master wrote: ↑Mon May 16, 2022 9:29 am
Only clubs that would take Collins for the fee it would need at this stage would be big, big sides buying him for the future, in my opinion. If that’s the case a sale at £20m with season loan back might be possible.
Let’s just hope all of this discussion is irrelevant in a weeks time.
Yes hopefully so. Beat villa and we’re safe
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:32 am
by agreenwood
You say weird. I say likely.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:34 am
by JohnMcGreal
£17.5m is the maximum we can get but it wouldn't be a massive surprise if our owners accepted a bid for a few million less, given the financial situation.
If we do go down we won't be in a position to drive a hard bargain. Every man and his dog know we're desperate for money.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:35 am
by Newcastleclaret93
agreenwood wrote: ↑Mon May 16, 2022 9:32 am
You say weird. I say likely.
I think we are all very aware that next to no money will be spent this summer. As others have said even if we stay up they reckon we would only spend 20m
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:36 am
by warksclaret
Cornet was sensational in his first half a dozen games, but since Wolves away he has been a shadow of that player. Badly lacking in confidence and freezing when he gets a chance. He had two great opportunities yesterday, the first a one on one, the second when he worked it to his right and from 10 yards the ball hardly reached the goal line. He is also a liability when he comes back to defend, trying to be clever in getting himself out of trouble. I think we would struggle to get £17.5m. Having said that his goals could still keep us up
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 9:43 am
by Iloveyoubrady
He has had some poor games for us but in the right system with quality around him he’d be absolutely class. Got the attributes to be a proper winger in a 433. He’s all about excellent movement and two good feet technically. Not one to take people on really.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 10:19 am
by arise_sir_charge
Note to self, avoid these threads it’s full of people howling at the moon.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 10:19 am
by NewClaret
agreenwood wrote: ↑Mon May 16, 2022 9:18 am
Just out of interest, are the mainstream media running any stories about the catastrophe that will be Everton’s finances if they are relegated?
Their reduced income won’t touch the sides of their humongous wage bill. They were already trying to reduce costs last summer.
Nope.
Think we’ll have a fair bit of this between now & Sunday.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 10:41 am
by ClaretPete001
jedi_master wrote: ↑Mon May 16, 2022 9:24 am
I agree, but the difference (compared to us anyway) is Everton have multiple saleable assets.
Richarlison they’d likely get £60-80m for, Calvert-Lewin has had a crap season but they’d still expect £30m+. Then you have Pickford, Mina, Keane, Godfrey, Alli, Gordon, Iwobi etc - some of them are terrible but they’d easily be able to be flogged. You’d expect they can offset any loans/reduction in income whilst spending the most of any relegated club on transfers with sales. I might be wrong, just how I see it.
We’ve only really got Cornet, McNeil, Pope and Collins. Weghorst we’ll struggle to shift (type of player who would get shipped to some Turkish club on loan for the remainder of his contract, I can feel it!), Taylor might get a go off someone too perhaps, Brownhill gets random links every now and then but I doubt this would be big money.
Good point but it isn't just that...
Everton are located in a large urban area - have just short of 40,000 home attendances and a new ground pending.
As an investment proposition it is another ball game. Plus no one really believes they will go down.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 10:44 am
by ClaretPete001
In terms of Cornet, I think he is a PL player. Tough season for him but you can see he has all the attributes to succeed in the PL.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 10:53 am
by Elizabeth
The only matter of interest to me is Cornet giving 100% commitment over the last 2 games
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 11:06 am
by Quickenthetempo
Stay away from the Turf on Sunday if you're all going to be this negative. Jesus wept.
Give your heads a wobble.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 11:13 am
by NewClaret
Very few attacking players come to the Prem & score 8 goals (& counting, hopefully) in their first season.
If he scores 10 he’ll have given us a Chris Wood return in his first year despite AFCON and a few nightly injuries and frankly playing in a side struggling at the foot of the table.
Either way, he’ll get better as he as he gets more experience at this level, and in a better side he’d likely score a lot more goals. Hopefully that’s with us and a strengthened team next year.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 11:54 am
by CrosspoolClarets
Newcastleclaret93 wrote: ↑Mon May 16, 2022 9:24 am
That 65m won’t be paid in one chunk. Be lucky if we even get 50% of that upfront.
As we know most deals are spread over the length of the contract. We would have to sell more players so that get more upfront money.
As Wood’s sale has proved, it is common for clubs to take out a further deal with an institution to get the sale effectively upfront for presumably a x% fee. So if we sell players for £70m, the cash flow may benefit by, say, £65m.
So those finances would sort themselves fairly easily - the hard bit is having a top 2 squad afterwards. There is also of course the small thing about a further part of the club’s sale to transact, not hard to imagine a further loan to administer that though I’m unsighted on the contractuals, particularly if we are in the league below.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 11:58 am
by Zlatan
I'm surprised anyone is surprised at this
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 12:38 pm
by kaptin1
The headline number can be very misleading and only tells part of the story when comparing one transfer to another. Scheduling of payments plus performance related add ons can make a big difference. If Cornet’s release clause was £17.5m in cash payable on day one the that would be a lot more onerous for someone to meet then equal instalments over four years, for example.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 12:39 pm
by Jakubclaret
Zlatan wrote: ↑Mon May 16, 2022 11:58 am
I'm surprised anyone is surprised at this
No one is, it’s the figure that’s the talking point whether it’s sets right in particular too low.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 12:43 pm
by Jakubclaret
JohnMcGreal wrote: ↑Mon May 16, 2022 9:34 am
£17.5m is the maximum we can get but it wouldn't be a massive surprise if our owners accepted a bid for a few million less, given the financial situation.
If we do go down we won't be in a position to drive a hard bargain. Every man and his dog know we're desperate for money.
That would be a likely scenario if only 1 club were genuinely interested but at that amount set to trigger it could generate more interest thus increasing the leverage in negotiating an higher transfer fee.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 12:44 pm
by jdrobbo
HAVE WE ALREADY BEEN RELEGATED???
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 12:49 pm
by Newcastleclaret93
jdrobbo wrote: ↑Mon May 16, 2022 12:44 pm
HAVE WE ALREADY BEEN RELEGATED???
I think the title answers your questions.
“In the event of relegation”
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 12:49 pm
by Jakubclaret
jdrobbo wrote: ↑Mon May 16, 2022 12:44 pm
HAVE WE ALREADY BEEN RELEGATED???
I must have missed posters stating we were already relegated, it’s just hypothetical bite sized snippets of discussion exploring what would happen if we were relegated in terms of cornets release clause fee.
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 1:03 pm
by ClaretPete001
I'm not a psychologist but I'm come to reflect that some people on here cannot cope with any kind of negativity.
One can only assume what kind of devastation would occur should said individuals descend the stairs (there are no bungalows in this metaphor) only to find their normal morning breakfast of Sugar Puffs has been eaten and not replaced.
It reminds me of that movie where the guy is refused a Whammyburger breakfast because of the time and then goes on a murderous shooting spree intent on ending the lives of anyone who comes into range.
I can well imagine one or two so enraged by comments on UTC forum that they get the bus into Burnley with a high powered rifle and start shooting people at random in the town centre.
Just feel how bad some of you negative b*stds would feel then...!
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 1:31 pm
by GodIsADeeJay81
Well that escalated quickly...
Re: Cornet has a 17.5m release clause in the event of relegation.
Posted: Mon May 16, 2022 1:36 pm
by Chester Perry
CrosspoolClarets wrote: ↑Mon May 16, 2022 11:54 am
As Wood’s sale has proved, it is common for clubs to take out a further deal with an institution to get the sale effectively upfront for presumably a x% fee. So if we sell players for £70m, the cash flow may benefit by, say, £65m.
So those finances would sort themselves fairly easily - the hard bit is having a top 2 squad afterwards. There is also of course the small thing about a further part of the club’s sale to transact, not hard to imagine a further loan to administer that though I’m unsighted on the contractuals, particularly if we are in the league below.
That is all well and good but what about the outstanding transfer payments to the clubs we bought Cornet, Weghorst and Collins from not to mention any sell on rights
- the accounts show we only paid a quarter of his fee upfront for Collins and there are likely to be conditional payments not just related to the division he plays in - he has played a lot of games this season.