Jump to content

We will receive 20% of any fee Reading get for Lucas Joao


Recommended Posts

And, whilst Joao has performed well, it has been claimed that the financial situation at Reading means they are likely to cash in on the Portuguese attacker, who is one of few in the squad that can command a big fee.
 

Let’s hope PSG come in with a £1000000000000000 bid then to bring on spendagedan this summer. 😃

 

Edited by OwlerIT2
  • Haha 3
Link to comment
Share on other sites

How longs left on his contract 

 

probably just entering his last year now so is he doubtful if they get more than 5/6 million 

 

I just don’t see many teams outside the premiership paying fees anymore in today’s climate 

 

either way 20% of 5 mil will cover 2 weeks of losses from the covid season 

Link to comment
Share on other sites

Wish they'd sold him for 8 figures when he was on fire before his bad injury, will be a fraction of that now especially if they're desperate for cash.

 

We had a sell on for Chris Brunt as well. He ended up staying at WBA for years and then retiring. 

 

 

Edited by alanharper
  • Haha 1
Link to comment
Share on other sites

Reading FC will miss out on a chunk of money from the possible sale of Lucas Joao due to a transfer agreement made with the striker’s former club Sheffield Wednesday.

The Royals are understood to be willing to listen to offers this summer for the 28-year-old they signed from the Owls in 2019. Due to the club’s precarious financial situation, selling one of their highest earners in Joao would be seen as an ideal solution.

Reading must cut down their wage bill by £5million – from £21million to £16million – in order to meet the criteria set out in a business plan imposed by the EFL for breaching Profitability and Sustainability regulations, which must be adhered to by the end of June. Although selling Joao would help towards that, Reading will not be able to pocket all of the transfer fee.

 

According to Yorkshire Live, when Reading signed Joao from the Owls the League One side inserted a 20 per cent sell-on clause as part of the deal. Therefore, Royals will have to hand over 20 per cent of the transfer money received from selling the Angolan to his former club.

Link to comment
Share on other sites

 

3 hours ago, OwlerIT2 said:

Let’s hope PSG come in with a £1000000000000000 bid then to bring on spendagedan this summer. 😃

 

 

That is one quintillion quid in case anyone is wondering. That would mean that the fee Wednesday would receive would be about double the GDP of the entire world.

 

He has had a good season to be fair.

  • Thanks 1
  • Haha 3
Link to comment
Share on other sites

25 minutes ago, BOOFABI said:

 

 

That is one quintillion quid in case anyone is wondering. That would mean that the fee Wednesday would receive would be about double the GDP of the entire world.

 

He has had a good season to be fair.

Which would make us the worlds second richest club after Reading and bankrupting PSG. 

Im in lol

  • Like 1
Link to comment
Share on other sites

3 minutes ago, elyowl1 said:

Which would make us the worlds second richest club after Reading and bankrupting PSG. 

Im in lol

 

Exactly, we could buy every club on earth several times over and win be Champions league runners up to Reading, who could then easily buy us.

  • Haha 1
Link to comment
Share on other sites

If we buy him for £10M and pay it off over 6 seasons, but record the 20% fee as income for the current season, will it help us next year with FFP? 

 

:Chansiri:

Edited by bobness
  • Haha 1
Link to comment
Share on other sites

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...