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Jobe Bellingham - Signed

MustardAndOnions said:
I'm delighted but it is a slightly strange move as you say they have a fairly young side and he supports them.
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Not strange at all. He knows Speakman and Dodds from his Birmingham days. Jude thinks a lot of Dodds and they still keep in touch. Jobe will take his brother and family's advice on board.

We have fantastic facilities up here, we have the youngest team in the football league and narrowly missed out on a playoff final.

Our average attendances are over 39k.

Unsure how it's strange. It's a step up.
 
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gipetto said:
Not strange at all. He knows Speakman and Dodds from his Birmingham days. Jude thinks a lot of Dodds and they still keep in touch.

We have fantastic facilities up here, we have the youngest team in the football league and narrowly missed out on a playoff final.

Our average attendances are over 39k.

Unsure how it's strange. It's a step up.
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I’m a Sunderland fan mate, you don’t have to sell the club and what we are doing to me

They’ve just been bought and do back young players and he is supports them

All I’m saying
 
MustardAndOnions said:
Right yep I hear you.

Hard for me, the layman, to understand exact details I guess but I just take it for granted we can’t go overboard these days
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It’s called asset amortisation. Buy an asset and its value reduces by a certain amount each year. For a footballer it’s based on the length of the contract. So buy a footballer for £10m on a 2 year contract, put him on £1m a season, and you lose £6m on your P&L each year. Buy the same footballer for the same transfer fee and on the same wage, but put him on a 10 year contract, and you only lose £2m on your P&L each year - so you have £4m extra to spend.

In the first example the overall cost is £12m, spread over 2 years. In the second example the overall cost is £20m spread over 10 years.

This is why Chelsea are getting away with spending crazy sums of money - they are putting their players on ridiculously long contracts.
 
Kent Boy 2 said:
It’s called asset amortisation. Buy an asset and its value reduces by a certain amount each year. For a footballer it’s based on the length of the contract. So buy a footballer for £10m on a 2 year contract, put him on £1m a season, and you lose £6m on your P&L each year. Buy the same footballer for the same transfer fee and on the same wage, but put him on a 10 year contract, and you only lose £2m on your P&L each year - so you have £4m extra to spend.

In the first example the overall cost is £12m, spread over 2 years. In the second example the overall cost is £20m spread over 10 years.

This is why Chelsea are getting away with spending crazy sums of money - they are putting their players on ridiculously long contracts.
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Ah ok yep, thanks for that, kind of makes sense yeah, those 8 year deals make sense then for Chelsea!

I guess the risk of that you might end up with a player who didnt turn out as well as you thought on a long deal unable to sell.
 
Dexter said:
Hard to imagine this signing is part of our data driven approach. Feels like going back in time and signing lads because they’ve played for people at the club before, and an of course the extra tax for the Bellingham name.
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Playing something like 26 championship games while your 16 or 17 suggests some special potential.
 
Know nothing about him other than who is brother is

Is he any good? What type of midfielder is he? Better than dan neil?
 
Cjg5x said:
Mental if you think that mind.

We’ve been tracking him for a year, he’s played a good amount of minutes for Birmingham this year despite them having one of the strongest midfields in the league in my opinion.

Not saying he’s going to be as good as his brother but at 17 years old to play as much as he has and to captain England under 18’s then he’s surely got something about him other than his last name.
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If you can even cope at 17 you're well on target to be a good player . I hope this is a lightbulb moment for Chris Rigg, sensible young talent is coming in , not out .
 
MustardAndOnions said:
Ah ok yep, thanks for that, kind of makes sense yeah, those 8 year deals make sense then for Chelsea!

I guess the risk of that you might end up with a player who didnt turn out as well as you thought on a long deal unable to sell.
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Correct. If they are a flop and you want rid, then you are writing off the full transfer fee and paying off a much longer term contract.
 
I absolutely love what the club are doing. Many years in the premier league signing journeymen plodders on big money almost killed us, everyone will laugh but Stewy and Salmon pant’s mentioned the Dortmund model in their first press conferences and it’s taken for them to leave for us to actually adopt that model. Sign young and talented players from academies and develop them and sell them on. For any youngster out there, seeing someone like Jobe Bellingham coming here has to be a lightbulb moment for them, everyone outside of our club will laugh and say you won’t achieve nothing with kids, but the approach we are taking is sensible and the right one. Huge credit to Speakman and Dodds for this and many other young lads they’ve brought in, we haven’t signed any duds a few lads are taking longer to develop than others but this is a very exciting time for the club and us as fans
 
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