• Duane Rollins

      Covering the world’s game from a Canadian perspective, the 24th Minute has been at the forefront for Toronto FC coverage since 2008. It is the source for breaking news, analysis and all things Canadian soccer.

    • Michael Crampton

      Mike Crampton has been an avid follower of Canadian club soccer and participant in the emergent Canadian soccer supporters scene for over a decade. When not playing, watching, or writing about the game he continues to serve the grassroots as an administrator at the local level. You can follow Mike on Twitter @BHTC_Mike

    • James Grossi

      James began covering the game in 2011 after a slow process of two decades saw him gradually consumed by it. He contributes to The Shin Guardian, Waking the Red, and had a piece featured in Issue Two of The Blizzard, as well as maintaining his own site, Partially Obstructed View. He covers the rest of MLS in the hope of providing context to fans on the edge.

    • Plata's transfer fee

      Canadian Soccer News has learned that Toronto FC paid a transfer fee of $500,000 for Joao Plata.

      Information obtained from a well placed staff member suggested that the transfer fee was per-determined prior to Plata going on loan with MLS in 2011 and that all clubs were aware of the fee when he was available to be drafted. It's likely that the fee is what allowed Plata to drop to the third round of the SuperDraft.

      CSN was told that Paul Mariner and Aron Winter were unaware of the fee when they drafted Plata.

      Generally, transfer fees are either paid down through allocation money, or the fee is distributed over a player's entire contract. In the latter's case, Plata's cap hit would be higher than his actual salary throughout his time in Toronto.

      Regardless, it would appear that the signing of Plata has further handcuffed Toronto's ability to sign more players in 2012. There is some indication that the signing of Geovanny Caicedo would have helped to reduce that fee but that has yet to be confirmed.

      CSN will have more on this story and its inner workings in the days ahead
      Comments 33 Comments
      1. DirtyTackles's Avatar
        DirtyTackles -
        Disaster.I like Plata but he's not terribly consistent tactically.
      1. Fhurion's Avatar
        Fhurion -
        Ouch. This club appears hopelessly stuck with poor player personnel decisions. Hopefully they begin to rectify that with the alleviation of JDG's salary and cap hit at the end of this season, if not sooner.As for Plata, he's a good, raw talent and still very young: perfect for being groomed into the 4-3-3 system. This fee will seem paltry if he can become a mainstay with the club for years to come. Here's hoping they treat him with care and, for now at least, use him in his ideal spot as a second half game-changer.
      1. Unregistered's Avatar
        Unregistered -
        you deserve butter
      1. Unregistered's Avatar
        Unregistered -
        What, TFC placating fans at the expense of sound personnel decision making... say it ain't so.
      1. Unregistered's Avatar
        Unregistered -
        So a team can't just pay the transfer fee in one shot? That seems absurd but I could see that in MLS otherwise wealthier teams would have an advantage
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by Unregistered View Post
        So a team can't just pay the transfer fee in one shot? That seems absurd but I could see that in MLS otherwise wealthier teams would have an advantage
        Yes but not really. If you pay it one shot, that's 500k off the salary cap for that season. You can do it but you'll cripple yourself. All transfers/buy-outs come off the cap. It's very restricitive but it's that way on purpose to keep the playing field level.

        Blizzard
      1. Unregistered's Avatar
        Unregistered -
        so how did LA get away with payin 5 mill for robbie keeno. (they did pay 5 mill right not sure if that correct)
      1. Unregistered's Avatar
        Unregistered -
        A 500k transfer fee??? That kind of money could've been used to keep a player of...oh lets just say, MVP quality here at HOME. I smell another team blow up if this streak doesn't end soon.
      1. Brenton's Avatar
        Brenton -
        So who at TFC knew if Winter and Marriner didn't? Upper management didn't tell the coach/manager?
      1. Unregistered's Avatar
        Unregistered -
        I don't understand how both Mariner and Winter were unaware of the transfer fee when all the clubs were aware of it.
      1. McGuire's Avatar
        McGuire -
        Quote Originally Posted by Unregistered View Post
        so how did LA get away with payin 5 mill for robbie keeno. (they did pay 5 mill right not sure if that correct)
        You do realize Robbie Keane's a DP right?
      1. Unregistered's Avatar
        Unregistered -
        Is it just me, or is $500,000 not much in terms of a transfer fee in footballing terms? I don't see the problem with this. In fact, it points to MLS moving in the right direction if they are going to start spending money on transfer fees. Teams all over the world in every different level do it.
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by Unregistered View Post
        I don't understand how both Mariner and Winter were unaware of the transfer fee when all the clubs were aware of it.
        Remember, they'd been on the job for about a week when the Draft went down. Certainly SOMEBODY should have known, but it was such a gong show in mgt at the time, i can't say I'm surprised.

        C.
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by Unregistered View Post
        Is it just me, or is $500,000 not much in terms of a transfer fee in footballing terms? I don't see the problem with this. In fact, it points to MLS moving in the right direction if they are going to start spending money on transfer fees. Teams all over the world in every different level do it.
        Considering the entire team's pay cap is 2.8 mil I'd say 500k is pretty high.
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by Unregistered View Post
        Yes but not really. If you pay it one shot, that's 500k off the salary cap for that season. You can do it but you'll cripple yourself. All transfers/buy-outs come off the cap. It's very restricitive but it's that way on purpose to keep the playing field level.

        Blizzard
        Thanks Blizzard, that explains it very well to me.
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by unregistered View Post
        yes but not really. If you pay it one shot, that's 500k off the salary cap for that season. You can do it but you'll cripple yourself. All transfers/buy-outs come off the cap. It's very restricitive but it's that way on purpose to keep the playing field level.

        Blizzard
        bbtb?
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by Unregistered View Post
        bbtb?
        He'll no. I'm the real one.
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by McGuire View Post
        You do realize Robbie Keane's a DP right?
        that doesnt matter part of his salary still goes against the cap DP or Not
      1. Unregistered's Avatar
        Unregistered -
        Impossible they did not know. Every loan deal in MLS has an option to buy. ONLY if you exercise the loan buy out option do you have to pay. This is a choice, not a surprise.

        Every player coming via loan has these buyout options.

        The loan buyout (transfer fee) is why it took so long to sign him. Same as Ecks. They did a 'share the follow on transfer fee' deal eventually for Plata. This LOWERS the transfer fee paid and LOWERS the cap hit over the contract term. This is tricky to negotiate and requires skill and trust from the lenders (LDU)

        This whole article makes very little sense. Signing a player makes it hard to sign more players? D'uh? ANY player signed makes it harder to sign more players. Your implication that Winter et al don't consider the Cap is laughable. You think getting Ecks to rip up his Burnley contract that paid him 500k pounds annually was not replaced with something more cap friendly? Every incoming player has a cost.

        So Caicedo. LDU offers him to TFC (ALWAYS A LOAN WITH OPTION TO BUY - AN MLS DEAL) and somehow this extra player expense would have lowered the Plata cost ? You would need to show me that arithmetic. TFC sent him back to LDU because of the package of cost,performance and player attitude. Same as always.

        seriously - maybe the better story is why your source is feeding you crap to discredit Winter et al and or why you choose to go with the crap.

        You can do better Duane

        BeachTory
      1. Unregistered's Avatar
        Unregistered -
        Quote Originally Posted by Unregistered View Post
        that doesnt matter part of his salary still goes against the cap DP or Not
        Yes, the whole $150k last year

        http://www.goal.com/en-us/news/1110/...transfer-to-la

        Beachtory
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