Bale and Ndombélé
7 min read
I had a lovely day in Dover on Wednesday, sitting on the front and enjoying the sound of the sea.
It is being upgraded so I'll be taking further trips there to enjoy the sun.
What have I got for you in Tottenham Tittle Tattle today?
In a nutshell Gareth Bale and Tanguy Ndombélé.
Bale would be willing to take a pay cut to return to the club we are told, and I’ve been told Real Madrid are willing to pay up to 40% of his wages.
Let me start by sating we are strapped for cash right now with the stadium not earning and I have written about our financials so you can all grasp the basics of our situation.
Gareth Bales's name crops up every window and has cropped up yet again.
Do we talk about him with Real Madrid and his agent, yes we do.
We are constantly (each window) seeing what the situation is, what could possible be done.
The world and his wife know Real Madrid want Gareth Bale off their books but his financial arrangements make that so difficult.
Many of his sponsorship deals are tied to him being a Real Madrid player.
Thus is he leaves the Spanish club he loses a chunk of sponsorship, for which, of course, his agent, Jonathan Barnett, will be getting a cut.
Thus, there is too much self interest with his agent to force a move away.
I'm not suggesting that is the case,just throwing it out there as a possibility.
He has tried to leave for a lucrative deal in China, but apart from that he has been happy to just stay there and collect the cash.
Yes, he'd rather be playing but admitting you would rather be on the golf course with your mates than on the football field doesn't go down well with the manager Zinedine Zidane.
They have a terrible relationship, they do not like each other, but when it comes to training Zidane has no complaints at all.
So Bale is putting in the work on the training field, he just isn't being given the opportunity to play.
And when he does play he has no confidence, the crowd are on his back making him feel even worse and play even worse.
It is a vicious circle and highlights one of the problems with negative fans.
They do not help a team be successful, a club has to achieve success despite them.
Of course the financial set up in Spain is geared towards 2 clubs winning everything so success is all but guaranteed.
That isn't the case at Spurs for instance, so fans do play their part both on and off the field, they do affect a players mentality, which in turn affects performance.
Bale hasn't played since football resumed, just sat on the bench twice.
He has played 171 LaLiga games scoring 80 goals and having 46 assists, a goal every 156 minutes.
In June he played 100 minutes of football against the teams in 15th and 18th in the table at the time.
That is all he has played since February.
Bale is sick of being on the bench and seems to feel if he isn't going to play then there is little point as you won't be brought on anyway.
He is 31 now, will be 33 in July 2022, the year his contract runs out.
He would probably then head to China where the money is to end his career.
Suggestions have been made for a loan deal with an option to buy at between £10-15m but I'd be loaning him for 2 years and having Madrid pay part of his wages.
Let's look into this a little shall we.
His annual salary was 15m EUR in 2019.
That is 288,462 per week.
The important point here is that that is BEFORE bonuses are paid.
After bonuses it is over 500,000 EUR per week, reports suggest it is over 600,000 EUR AFTER tax.
It sounds like he is on more than 15m EUR to me or the bonus payments are over 100% of his salary.
So by not playing him, Zidane is saving Real Madrid money.
Next, and rather importantly, he has commercial contracts that are tied to him being a Real Madrid player.
If he moves then that is the end of those contracts.
So when you look at Gareth Bale's finances, it becomes difficult to see where he could move too, hence he hasn't.
If Real Madrid are prepared to pay 40% of his wages, that will only be 40% of his basic wage, not his bonuses.
Time to play.
I must stress I haven't looked into his wages,bonuses etc but using general figures to paint a picture for you.
If we took Bale on loan and paid a £200,000 basic, Real Madrid would pay £80,000 leaving his wage to us of £120,000 plus bonuses, say 70%, that's an extra £140,000 per week.
Total £280,000 per week cost to us and an overall weekly wage of £340,000.
His basic before bonuses at Real Madrid is £288,462 making him the second highest paid player at the Spanish club.
A player like Tanguy Ndombélé would have to go to reduce the wage bill.
Remember though, the last deal his agent agreed was a £1m per week deal with Chinese Super League side Jiangsu Suning, so what are the chances of signing him on just £280,000 per week!
You can start to see why signing him is out of the price range of clubs.
What we can pay, even if he was our highest earner, is chicken feed compared to what the Chinese will pay.
Real Madrid blocked that move, Bale it seems is getting his own back by saying he'll stay until his contract finishes.
Any deal would have to be tied together with a lot of commercial sponsorship deals to even begin to be feasible.
If Bale were to leave as Real Madrid want then they have to pay the remainder of his wages, although players normally accept 75%.
If we say Bale is on 500,000 per week, that's 26m EUR a year, 52m EUR over 2 years.
75% of that would be 39m EUR and that's before the loss of commercial income.
Clearly Real Madrid don't want to pay that and so bale is staying put until they do pay up, possibly in another year perhaps.
I haven't spoken much, indeed not at all, about Tabguy Ndombélé discussions with Inter Milan so thought I had better for you as there seems to be some misinformation out there.
My understanding is that we asked for Milan Škriniar in any Ndombele deal, we weren't offered him as widely reported.
Inter turned that proposal down, wanting cash only for him.
Have we spoken to Inter Milan about him?
Yes we have.
Is he for sale?
Yes he is, but only if we can get the right deal.
We will not lose money on him and we don't want players with a couple of playing years left.
Inter turned that proposal down, wanting cash only for him.
That is why the question has been raised about buying him late in the window, which would then mean we don't sign Kim Min-jae.
Spurs prefer 25-year-old (26 in February) Škriniar or 27-year-old (28 in November) Marcelo Brozovic, a defensive midfielder to complement Pierre-Emile Højbjerg.
The Italian side have offered us old men with little shelf life left like 31-year-old (32 in February) Ivan Perišić, a player with perhaps 3 years left at the top level and a winger which isn't really essential for us either.
Spurs prefer 25-year-old (26 in February) Škriniar or 27-year-old (28 in November) Marcelo Brozovic, a defensive midfielder to complement Pierre-Emile Højbjerg.
Tanguy Ndombélé is a 23-year-old (24 in December) and therefore has more years playing time in front of him, more time to grow his value and give Inter Milan a profit on their investment.
Inter are offering Spurs players whose value will not rise in value, so we won't be able to recover the transfer fees or make a profit on them, plus they'll need replacing soon.
That messes up our finances for future transfer windows when we have to replace players without getting much income for them as we have done with Christian Eriksen and Jan Vertonghen.
Much as fans don't like it, you have to have income from player sales to buy more players.
Chelsea have spent £144m this year but have sold over £200m of players in the last year.
Every club wants cash for players rather than swaps but hardly anyone has cash to spend, something has to give.
COYS
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