COXY HAS OFFICIALLY GONE

[jonny72]

Whaty what what?

Its in today's Adver - we only paid £120k for Cox.

[flammableBen]

+ another 600k as part of the sell on.

If Reading valued him at 400, then they've done rather well with the 720k they've got so far.

[strooood]

+ another 600k as part of the sell on.

If Reading valued him at 400, then they've done rather well with the 720k they've got so far.

No not really, they valued him at 400k when he was an unproven youngling 18 months ago. Now he has scored loads of goals and will be competing directly with them for promotion to the Premier League next season.
They would now value him a lot higher than 720k I'm sure. We're certainly the winners in this situation.

[flammableBen]

Oh don't get me wrong, I'm not saying they've done us out of anything. Just that the risk of a sell on clause has worked out nicely for them. I'm sure they often end up worthless with young players.

[michael]

Looks like Fitton is starting to realise that a certain amount of investment in good players is required to eventually make the books balance. A good Youth team alone is not going to run this club on and off the pitch.

At the start of last season our first team saleable assets amounted solely to Simon Cox.

At the start of this season they will be Cuthbert and Morrison, as well as possibly this player from "a much bigger club".

In that respect, things are looking better for the club.

[pauld]

I think he's always realised that, the combination of the two was very much the strategy set out at last year's AGM that set off the ridiculous "Swindon are a selling club" headlines

[leefer]

Looks like Fitton is starting to realise that a certain amount of investment in good players is required to eventually make the books balance. A good Youth team alone is not going to run this club on and off the pitch.

At the start of last season our first team saleable assets amounted solely to Simon Cox.

At the start of this season they will be Cuthbert and Morrison, as well as possibly this player from "a much bigger club".

In that respect, things are looking better for the club.

Good post...also add Greer to that list if he stays fit..with Thompson and Macklin close behind,Thompson especially is being watched by Prem clubs galore,down to them to take make the most of any games they may play.

[michael]

+ another 600k as part of the sell on.

If Reading valued him at 400, then they've done rather well with the 720k they've got so far.

I reckon that £600k figure is wrong anyway.

There is no way we'd pay Reading 40% (assuming 40% is the sell on figure) of the transfer fee, it would have to be 40% of any profit made.

By my calculations, we gave Reading £552k, with another £160k to come if the £400k worth of clauses are met