Chen’s signings already pay him: – 10.07 million

first_imgRubén Duarte0.4 Beautiful12.5 Total102.7 Raúl de Tomástwenty-one NamePrice Álvaro Vázquez3 Borja Iglesias10 Marc Navarrotwo Vargas10.5 Oier1.5 Darder8 Jury1.5 NamePrice Didac0.25 Mamadou2.3 Cabrera9 Javi Fire0.75 Embarba10 Oscar Duarte1.15 Jordanone Roberto Jimenez3 Borja Iglesias28 Jordan (c. Future sale)2.4center_img PURCHASES SALES David Lopez4 In just three weeks, since the signing of Raúl de Tomás became official on January 9 until Oier Olazabal arrived, on the 31st, Chen has invested more in signings than ever, concentrating on just one market and just four players (the two mentioned, plus Adrián Embarba and Leandro Cabrera) almost 40 percent of the money that, since its landing in January 2016, had been used in reinforcements. And the most striking: four years later, Chen gets paid. The difference between your investment in incorporations, that now increases to 102, millions of euros, and Revenue from transfers, amounting to 92.63 million since last summer, it’s from 10.07 ‘kilos’.This is an exceptional behavior for an emergency situation (“Chen prefers to spend the money to stay than to go up,” Vice President Carlos García Pont explained on a couple of occasions). And this is how Espanyol has become the LaLiga team that has most invested in signings in this winter market, and surpassing the following one in more than ten million, Real Madrid and its 30 by Reinier Jesus. Anyway, surely this huge expense even enters the plans of the Chinese tycoon. Álvaro González4 Javi Fireone Baptistao7 Gerard Morenotwenty Aaron Martin9 Buying and selling in the Chen era As unperturbed as his pose, which hardly knocks down with a smile in his few public appearances (and null press conferences), he had been the policy of signings of Chen Yansheng in Espanyol. Fully fulfilled his already famous 50-40-10, consisting of reinvesting each sale half in a signing, 40 percent in repairing debt and one tenth in improving the club. Until, en the winter market that ended last Friday, the owner of Espanyol decided to throw the house out the window. Caicedo2.5 Pau (future sale clause)1.08 Baptistao6 Calero8 Naldo2.5 Piatti1.3 Chest0.7 Total92.63 Balance-10.07 It is no coincidence that, before the winter market, the Espanyol had a budget of 20.64 million (before taxes) for this year, a record higher than the sum of all the benefits of the last decade. This course is also exceptional in television, commercial income and, in general, all the derivatives of participating in the Europa League and of having Wu Lei on the roster. A mattress with which to face those signings unthinkable in any other season.Even so, Chen would not even get the accounts out after disbursing 41.5 million in three weeks, in a year in which he will also convert 50 million of the club’s debt with his company into shares. His unwavering policy of 50-40-10, once the sports situation is resolved, suggests that a sale will be made before the end of the exercise, on June 30. It has been and it will be.last_img read more

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first_imgTeam Record LW 1. Hart 14-41 Indians back with a vengeance after loss to Burroughs. 2. Canyon 16-32 Nine-game winning streak snapped by Burbank. 3. Newbury Park 12-65 LMU-bound Kavita Goss leads Panthers to 6-0 Marmonte start. 4. Notre Dame 9-44 Div. I prospect C.J. Hill among area’s best point guards. 5. La Canada 12-43 Rebounded from Monrovia loss to rout Blair of Pasadena. 10. Burbank 11-9NR Upset Canyon to move into four-way tie for Foothill lead. THEY SAID IT “Right after I got off the phone, I thought, ‘Good for Burroughs (of Burbank), bad for Valencia.’ ” – Valencia coach Jerry Mike after congratulating Burroughs coach Vicky Oganyan on the Indians’ upset of No. 1 Hart, which responded with a 47-point rout of Valencia. SEVEN-DAY FORECAST POTENTIAL HERO Knight of Palmdale junior forward Jahne Williams looks to lead the Hawks in Tuesday’s Golden League showdown against Lancaster. Williams is averaging 16.6 points and 11.5 rebounds for Knight (10-10, 3-2), a third-year, seniorless program that needs a victory over the Eagles (10-4, 3-1) to bolster its hopes for a second-place finish. POTENTIAL UPSET Defense could be the decisive factor for No. 8 Simi Valley (13-5, 4-2) in tonight’s Marmonte League clash with No. 3 Newbury Park (12-6, 6-0). The Pioneers lead the league in team defense, surrendering only 42.9 points per game, but it’ll tough trying to contain Newbury Park star Kavita Goss, who is averaging 18.3 points per game. GAME OF THE WEEK Hart of Newhall at Canyon of Canyon Country, Friday, 5 p.m. It’s No. 1 (Hart) against No. 2 (Canyon), and both are coming off upset losses in Foothill League play. Hart rebounded from its 54-53 loss to Burroughs of Burbank by beating Valencia and Oaks Christian of Westlake Village by a combined 63 points. Junior forward Nicole Leon averages 14.5 points and 7.3 rebounds for Canyon, which won nine in a row before a 38-35 defeat to Burbank. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGift Box shows no rust in San Antonio Stakes win at Santa Anita Records through Monday 6. Chatsworth 11-78 Chancellors seek sole possession of first tonight vs. Cleveland. 7. Burroughs 11-8NR Toppled No. 1 Hart and then-No. 8 Saugus. 8. Simi Valley 13-510 Marmonte showdown tonight vs. Newbury Park. 9. Palmdale 9-9NR Closing in on fourth straight Golden title. last_img read more