Isegrim 8893 Posted August 30, 2005 Share Posted August 30, 2005 RNS Number:6028QNewcastle United PLC 30 August 2005 30 August 2005 NEWCASTLE UNITED PLC Transfer Agreement - Albert Luque The Directors of Newcastle United PLC are pleased to announce that agreement has been reached with Deportivo La Coruna whereby Newcastle United has purchased the registration of Albert Luque (27) for a fee of €14.7m. The player has agreed personal terms and signed a 5 year contract ending in June 2010. That's 10'009'230 GBP. Link to comment Share on other sites More sharing options...
muthaf***in toon lover 0 Posted August 30, 2005 Share Posted August 30, 2005 Is this not dependant on whether or not we keep any accounts in Euros? I would expect a large company dealing with business in Europe would always keep a large amount of Euros, purchased when exchange rates were favourable to allow us to compete on a better footing with other European clubs. If this was the case we could have secured him for as little as £8,400,000 if funds were secured at best rate. I'm not doubting what you've posted, just wondering. Link to comment Share on other sites More sharing options...
Brock Manson 0 Posted August 30, 2005 Share Posted August 30, 2005 5 year contract Flippin heck! Link to comment Share on other sites More sharing options...
Rob W 0 Posted August 30, 2005 Share Posted August 30, 2005 Is this not dependant on whether or not we keep any accounts in Euros? I would expect a large company dealing with business in Europe would always keep a large amount of Euros, purchased when exchange rates were favourable to allow us to compete on a better footing with other European clubs. If this was the case we could have secured him for as little as £8,400,000 if funds were secured at best rate. I'm not doubting what you've posted, just wondering. 23107[/snapback] I would expect a company some of whose directors go whoring in Spain and one of who l"lives" in Gibraltar to use ALL those Euros myself............. I wouldn't want Doug to have to pay any bank charges Link to comment Share on other sites More sharing options...
Craig 6315 Posted August 30, 2005 Share Posted August 30, 2005 Didn't someone say that when we signed Shearer, the final figure was actually nearer to £17.5m?? Link to comment Share on other sites More sharing options...
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