Details of Ash's Transfer

Just announced on the LSE.

24 January 2007

Watford Leisure PLC ("Watford Leisure" or the "Company")

Player Transfer

Watford Leisure announces that yesterday it completed the transfer of Ashley
Young from Watford FC to Aston Villa FC. The amount payable to the Company's
subsidiary, Watford Association Football Club Limited, is £8.0 million, payable
in instalments over the course of the next 12 months, plus potential payments of
up to £1.65 million contingent on domestic and international appearances. The
transfer also includes a sell-on clause.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1390592&source=RNS

 

Installments as usual. Hopefully we're getting a decent downpayment. I'm surprised Villa agreed to a sell-on clause too. I'd have thought they'd have bought that out by paying over the odds as they have?

 

I was surprised that there was sell-on but we don't know the details. Could be carp.

 

I can't see it being more than 10% because of the already inflated transfer fee. The statement itself shouldn't be carp though as it's a financial legal requirement so they can hardly mislead the SE!

 

I meant the percentage. Like you I think that it will be about 10%, max 20%.

Still ,when he signs for Real Madrid at the end of next season to join Ronaldo for £30 million, it will still be handy. Although can you imagine the whingers saying that we shoudn't have sold him to Villa

 

Lol. Villa will probably free transfer him in four years time just to spite us, having withdrawn him from every England squad going

 

That is fine, he can resign for us and we can make another shed load of money.

 

What if they have to pay someone to take him? Do we pay 10%?

 

You should all know my views by now

As much as I like the lad, I think he has been vastly overated, therefore IMHO we have a made a financial killing on the deal.

I would not be surprised if we had the oportunity to buy him back in a few years, at less than half the price.