Rodriguez To West Ham How Could It Possible?JG Funding HP?
In an attempt to secure the services of a 'marquee' player West Ham United are going to have to push the boat out, and the proposed move to sign James Rodriguez from Real Madrid is certainly a statement of intent, if indeed it transpires to be as real as it currently seems. Splashing out around £65 Million is a massive investment as well as being a humungous gamble, especially for a club like West Ham who have only recently managed to claw themselves out of a mountain of debt inherited by the two Davids, Sullivan & Gold. Should this deal, or one of the many others mooted, go ahead how can West Ham United afford it? Well there are lies and damn lies when it comes to the funding of football transfers, the payment structure can vary wildly depending on which country your club is doing business with. The legendary 'undisclosed' fee is generally used to disguise some form of higher purchase payment that has been mutually agreed, a structure that is set up to give maximum tax benefits to al those involved, and a structure that can effectively 'hide' where and when the payments for a player have been made. Any potential deal for James Rodriguez would most definitely be financed by JG Funding or one of their various offshore companies, a facility that West Ham United as well as Everton and Swansea and several other teams use to borrow money against potential TV revenue. Real Madrid are able to offer very convenient terms on outward player transfers because of their controversial state backed 'allowances' that mean they do not need all the payment up front, indeed payment plans of up to two and a half years are not unknown, but there would still be the need to make up any short fall by using JG Funding. We are of the opinion that while the offer for James Rodriguez is genuine, that there are even bigger fish to fry, and recent mutinous mutterings from Diafra Sakho and the potential move of Enner Valencia to Swansea or Lazio coupled with a 'slight discomfort' being flagged up by perennial injury statistic Andy Carroll means that there is definite need for reinforcements. Unfortunately new quality players do not come cheaply except in rare circumstances, and if Hammer are to progress they will have to put up or shut up, despite worrying when the 'Tally Man ' eventually calls. - Ed
