£1.94m loss on double deal

Newly promoted Watford are preparing for life in the Premier League under new head coach, yes they have the same as we do, 50-year-old Spaniard Quique Sanchez Flores.



They have already made four signings, 27-year-old Lithuanian goalkeeper Giedrius Arlauskis from Steaua București on a free transfer, 28-year-old Austrian defender Sebastian Prödl from Werder Bremen on a free transfer, 23-year-old Czech Republic striker Matěj Vydra from Udinese for an undisclosed fee and 31-year-old Greek left-back José Holebas from Roma for a fee believed to be £1.78 million (US$23.34m - AUS$30.19m - €2.5m).

Étienne Capoue will be joining them shortly, personal terms have all been agreed, the only delay to the deal is their negotiations to take 24-year-old Frenchman Benjamin Stambouli as well. It is much the same situation as we had with Swansea City last year, do you negotiate a price for each or do you negotiate a combined fee.

Benji is one of the players we don't mind if we keep and don't mind if we lose either, Watford are keen to take him so it may well be in our best interests to accept a deal for him where we lose little or nothing.

Étienne Capoue cost Tottenham £7.81 million (US$12.19m - AUS$15.97m - €11m)
Benjamin Stambouli cost Tottenham £4.13 million (US$6.43m - AUS$8.55m - €5.79m)
Total: £11.94 million (US$18.62m - AUS$23.52m - €16.79m)

If the dual deal goes through and we know to our cost anything can go wrong we are said to be receiving £10 million (US$15.57m - AUS$20.71m - €14.01m).

The financial loss of the pair would be limited to £1.94 million (US$3.05m - AUS$2.81m - €2.78m) and leaves us requiring further midfield reinforcements.