I have seen a lot of comments on here saying we should sell Torres. I know there are still a few Torres sympathizers but I think the majority of fans are ready for Torres to move on. I also think Torres' skill set will fit in much better in La Liga or Serie A and it would be better for him to move to one of those leagues. We all know about his obscene FFP hit but what are our real options with selling/loaning him and what would it mean to the player and the club. Here is how I see it. Jake, if I am wrong feel free to correct me in the comments
1) Loan- It doesn't seem like anyone is going to have the money or interest to purchase him so a loan would make sense. I know inter seemed to be interested early but I have a feeling that Torres rejecting them had to do with them offering low wages. So what would happen if we loan torres? Lets say that inter or valencia came in and agreed to cover 125K/week of wages with no sign on fee. Chelsea would save 6.5M pounds in wages. Torres FFP hit would decrease by that amount but Chelsea would still be on the hook for 12M pounds in transfer fee amortization and the 60K/week wage subsidy. Some will point to the savings being worth it. I see myself as someone who is fed up with Torres but his work rate, experience, commercial appeal and lack of off the field problems don't make this a good option for Chelsea
2) Sell him- Lets say Chelsea convince Torres he will not play. At this point, Torres is maybe willing to go down to 150K/week in wages if he can get an additional year added and move to a club like inter and valencia. Even with commercial appeal, that is a lot for those clubs and I would expect the fee to be low if anything. Well what if Chelsea agreed to a free transfer if there was no wage subsidy needed? Chelsea would have his wages taken off for the next 2 season but his amortized transfer fee would be accelerated to this year with a 18.72M pound loss being booked since it is not offset with a transfer fee. However, we will clear roughly 18.5M pounds off of next years FFP books.
The way I see it, if we want to win now, selling Torres is not an option. Our FFP hit would remain the same for this season and we would lose a player with experience. We could loan him but we might end up replacing him with a guy who has a similar FFP hit to the savings we would get (roughly 6.5M) and that player might be on the books longer. If winning this year is most important, keeping Torres makes sense unless the player is willing to accept a paycut or a team is willing to make Chelsea a good offer
If the team still view this as a 3-5 year project to conquer Europe, selling Torres now makes sense, even if we have to give him away on a free. Luis' transfer gave us a 36.5M pound one time profit this year. What are the odds we pocket a profit like that next year? pretty slim. Why not use that profit and keep Torres' FFP hit for the year roughly the same (his wages would be cleared for next 2 years but we would pay the next 2 years transfer fee amortization this year which is basically a wash) and clear that 18.5M pounds off of next years wages?
It is an interesting conversation and I think that at the end of the day, Torres stays one more year before moving on to a team in la liga for his final ride.