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Summer 2011 Departures, Starring A Look Back At Bojan

SEVILLE, SPAIN - MARCH 13:  Bojan Krkic of Barcelona celebrates scoring his sides opening goal during the la Liga match between Sevilla and Barcelona at Estadio Ramon Sanchez Pizjuan on March 13, 2011 in Seville, Spain.  (Photo by Jasper Juinen/Getty Images)

It was announced on July 22 that Bojan Krkić, Catalan native and here to fore FC Barcelona lifer, is taking his talents to the Eternal City. AS Roma are paying €12 million to secure his services for two seasons, at which point Barcelona will be obligated to buy him back for €13 million, UNLESS Roma are willing to pay an additional €28 million to acquire him permanently.

 

Star-divide

 

Bojan’s relationship with Pep Guardiola, who was also his coach with Barça’s B squad, has grown frosty in recent years, as he’s not received the time on the pitch that he feels he’s due- he played 1,459 minutes in 2007-08 season, a figure that has fallen to 702, then 988 and 928 minutes over the past three. Additionally, he’s felt slighted that Guardiola passed him over for even token appearance in each of the club’s last two Champions League finals, opting instead for players that had made lesser contributions in the tournament’s earlier stages.

"As a fan, Guardiola is the best coach in the world, but personal things that have happened to me were hurtful," Bojan said. "He was not fair with me on several occasions, and this is one of the reasons that I decided to leave."

Given this tenuous condition into which Bojan’s relationship with Pep Guardiola has fallen, the move is likely in the best interest of all parties involved.

From the club’s perspective, the transaction is essentially a loan that injects liquidity into the coffers in the short term. Barring staggering progress in his development, it’s highly unlikely that Roma will be willing to pay an additional €28 million to keep Bojan in the fold. As a result, the deal amounts to Barcelona availing themselves of the next two years of Bojan’s salary (estimated to be ~€6 million) and boosting liquidity by €12 million, in exchange for a payment of €1 million two years from now. Meanwhile, Roma adds a young (he’ll turn 21 on August 28), talented and reasonably priced attacker- one with considerable top-flight experience- for two years, culminating in a deferred payment that nets them 15-20% of his salary for that period.

For the player himself, the deal represents an opportunity to become a fixture at a top European club and "be happy about football again." He will do so under the tutelage of highly respected FC Barcelona alumni, Luis Enrique and Ivan De La Peña. It is speculated that Enrique, a former Barcelona B squad coach, will be Guardiola’s eventual successor on the Barcelona sideline which, combined with the aforementioned terms of the deal, leaves the door open for a Gerard Pique-esque return to the Camp Nou.

In the aftermath of the announcement, Adi-Oula Sebastian posted an article- which I greatly encourage you to read, if you’ve not already done so- in which he voiced his full-throated support for Bojan’s departure. He does so on the grounds that he simply lacked the quality to command the playing time he desires (with Barcelona, at least), adding that his ties to the region and the club have afforded him more opportunities than his performances warranted. From an objective and analytical position, I agree with every one of Sebastian’s points.

Want more playing time? Earn it.

Unable to leapfrog the likes of Samuel Eto’o, Lionel Messi, Pedro and David Villa to become a fixture in the starting 11? No one’s problem but your own.

Feeling slighted by being left standing on the sidelines of the Champions League final? Man up and enjoy your winner’s medal. (I should note that I do understand Bojan’s gripe a bit here)

With all of that said, however, I am happy for Bojan. Perhaps not for the reason that you would expect. I certainly wish him well in Italy and hope that he maximizes the opportunity that he’ll be granted. That he’s a diminutive attacker with a game stylistically similar to that of Lionel Messi should work in his favor- that is, on any team that does not already count Messi in its ranks. However, I am most happy for Bojan Krkić not for what lies ahead, but for what he’s already experienced.

Irrespective of the heights to which he is able to one day elevate his career, the feeling that accompanied every goal Bojan scored at Camp Nou, especially during his first two top-flight seasons will likely rank among the best of his life. That he’s the youngest player ever to suit up, and score, for Barcelona in La Liga is certainly impressive, but what I am talking about cannot be quantified. A local boy joining Barcelona’s youth ranks at just nine years of age, Bojan was provided the emotional climax of sparking the euphoria and basking in the unconditional love of scores of thousands of local fans, of which he was once a part. That they took place predominantly in less prioritized fixtures and competitions is irrelevant. Looking at him, looking at the crowd, the only thing that mattered was that it was happening at all, and that all involved were granted permission to savor this moment.

If his tearful goodbye- with Carles Puyol and Xavi, the emotional anchors of Barça’s recent run of greatness, in attendance- is any indication, this may not be lost on him. While he may not possess the quality to make a meaningful impact on this side, and though I certainly feel the club was justified in moving him, I find it difficult not to be happy for the teenager that I saw experience those moments.

While Bojan’s exit is certain to garner the lion’s share of the attention, it’s worth noting that he was by no means Barça’s lone departure. A quick look at a noteworthy quartet:

Gabi Milito- After four years, 10 trophies (La Liga three times, the Champions League twice, the Spanish Super Cup twice and the Copa del Rey, World Club Cup and European Super Cup once each) and a string of frustrating injuries, FC Barcelona and Gabi Milito struck a deal to release the Argentinean from his contract, which was slated to run through the end of June 2012. Milito, who recently took part in the Copa America with Argentina, took the field 75 times for Barcelona after his summer 2007 move from Zaragoza, a whopping 42 of those appearances coming in his inaugural campaign with the club.

Sadly, despite repeated attempts to regain top form, the knee injury in the 2008 Champions League semifinal against Manchester United that sidelined Milito for a year and a half also brought to a close his days as a meaningful factor on the Barcelona defense.

For a look at possible additions that could help to bolster the Barça back line, check out Arron Duckling’s piece from last Friday.

Jeffrén Suárez- Like Bojan, Jeffrén’s days at Camp Nou have drawn to a close, as the talented lefty winger (also like Bojan) has set off in search of more meaningful minutes on the pitch. He joined Barcelona’s youth program in 2004, before gaining promotion to the B side in 2006, with whom he scored 14 goals in 82 appearances. A year later he was promoted him to the first team. In five seasons, he made 35 appearances for the squad, scoring three goals- all in league play. The highlight of his Barcelona tenure came on November 29, 2010, when Jeffrén came on as a substitute el Clásico at the Camp Nou to score the final goal in a 5-0 drubbing of Real Madrid.

Though he signed a contract that was due to keep him at the club through June 2012, it was announced on August 4 that Barcelona had reached an agreement with Sporting Club de Portugal (SCP) for the sale of Jeffrén Suárez. The stated price for the 23 year-old is €3.75 million, plus a €200,000 bonus. He has since signed a five-year contract with SCP, with a buy-out clause that could go as high as €30 million. Under terms of the agreement, Barcelona has the option to reacquire Jeffrén for €8million in 2012 and €12 million in 2013. Barcelona will also receive 20% of the proceeds of any future sale of the player by SCP in excess of €3.75 million.

Martín Cáceres- This may not be remembered too favorably in the annals of FC Barcelona transfer history. Cáceres joined the club in June 2008, leaving Villareal for a reported fee of €16.5 million.

Due to injury as well as coaching decisions, he made just 13 appearances for Barcelona in 2008-09. This would prove to be his lone campaign with the club. In August 2009, he was loaned to Juventus, with the Italian club having an option acquire him permanently at season’s end for ~€12 million. He scored in his league opener with the team, and look to be earning a regular spot on the side. However, he was plagued by injuries for the remainder of the season, and ultimately returned to Spain.

The following August, Cáceres was loaned out again, this time within La Liga, to Sevilla. Sadly, Cáceres’ season was once again cut short due to injury. On May 1, 2011, he suffered a lacerated kidney after a reckless challenge by Almería’s Michael Jakobsen. This time, however, his injury did not stand in the way of a permanent move for the 24 year-old Uruguayan, as on May 31, 2011, Sevilla agreed to pay €3 million, plus €1.5 million in variables, to secure his services on a permanent basis.

Oriol Romeu- On August 4 2011, Chelsea announced they’d acquired Romeu for €5 million, and subsequently signed him to a four-year contract. The deal includes buyback-clauses of €10 million after the first season and €15 million after the second.

Another native Catalan, though acquired from Espanyol’s youth academy in 2004, Romeu worked his way up the Barça ladder. After more than four years in the youth academy, he joined the reserve team, for whom the versatile (predominantly defensive) midfielder made 49 appearances, scoring one goal. He made his first senior appearances in a friendly against Kuwait team Kazma Sporting Club, and soon after in the 2009 FIFA Club World Cup, in Abu Dhabi. He made his official competitive debut for Barcelona on August 13 2010, in the first leg of the Spanish Supercup against Sevilla. He played the full 90 minutes in the 1–3 away loss. He made just one more official competitive appearance for the club, on May 15, 2011. Romeu made his first La Liga appearance, playing the last 10 minutes of a 0–0 home draw against Deportivo de La Coruña.

In lieu of rushing through the other side of the transfer ledger, I’ll be returning later in the week with a look at FC Barcelona key additions, err, addition of the summer of 2011.

Until next time…

 

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I wonder,

Do you think Bojan will be first choice in the Roma squad? I know that they have been busy with transfer’s.

by meadow on Aug 8, 2011 11:21 PM CEST via mobile reply actions  

Nice and emotional

but business is business!
One thing I have to admit though, no, make it 2 things, first, Pep is very business oriented and me, not always throwing accolades towards him, made me realized just that, thank you for that. Second point, he DID get a lot of playing time considering his seniority and experience, like what? put Messi and Villa on a side and have Bojan come in? would you?

But the most of what got from your analysis is the following:
I thought FCB made a bad deal with Roma here, financially may be so, they don’t gain much, not at least in the short term. But I think the real benefit is really for Bojan to perform because, he can either come back to Barca as a looser, or stay at Rome proving of what he is worth as a winner. So after all , the bottom line is, Pep still wants him to succeed. I feel like tapping his head for that, lol

by hobo_barca on Aug 9, 2011 1:29 AM CEST reply actions  

Bojan deal from the Barca perspective

First, thanks for the thoughtful feedback.

I agree wholeheartedly that Bojan had plenty of opportunities in Barcelona, and given his perfiormance and the arsenal of attacking ntalent already on the squad, his departure from the team was something of a necessity.

Where I do disagree with you a bit is in the assessment of the deal as it pertains to FCB. Perhaps I should have expanded on this in the article.

It would appear that the club is not receiving much in exchange for Bojan, but in fact, given the economic climate increased liquidity may command a great premium than does two years of Bojan’s on-field production. Additionally, in the likely scenario that Roma do not pay the additional E28M fee to keep him, the net result of the deal is that Barcelona has simply borrowed E12M for 2 years at a sub-5% rate, which these days is more than 1% lower than the 10-year yield on Spanish government bonds, and likely well below the prevailing corporate rate in the country.

Finally, should Bojan blossom into a player deemed to be worthy of an additional E28M, while Barcelona does stand to take something of a hit in terms of talent, but none the less, the E40M that they would have received for him would certainly have to be considered a fair price.

by Emile Avanessian on Aug 9, 2011 2:01 AM CEST reply actions  

Emile, get your facts straight

it’s the other way around, Barcelona did not borrow E12M, they lend them to Roma for Bojan
Instead of trying to be fancy with your language, be more precise with your facts

by hobo_barca on Aug 9, 2011 6:52 AM CEST up reply actions  

I'm confused

Roma is the one paying 12M to Barcelona. Barcelona haven’t paid Roma anything.

If you look at it as a loan deal, Barcelona aren’t lending any money, they’re using Bojan as collateral to borrow 12M. If and when they pay back that 12M (plus 1M interest), they get the collateral (Bojan) back.

Sorry if I’m wrong, Hobo, but to me what you said sounds like Barça have paid Roma so that Bojan can play in Rome, which doesn’t make sense.

by Al Benson on Aug 9, 2011 7:06 AM CEST up reply actions  

well

from what i see the E12M is not due for another 2 years, meaning FCB is not getting and cash soon, so, I suppose in accounting terms this means loaning the money

by hobo_barca on Aug 9, 2011 7:12 AM CEST up reply actions  

Let me be clear

Evidently I was unclear once again. What I was stating in my previous comment is the following: at the present time, Bojan is moving from Barcelona to AS Roma. As part of the transaction, Roma is sending E12M to Barcelona, not the other way around. Thus, Barcelona see a positive cash flow of E12M.

Assuming Bojan’s performance does not warrant the expenditure of an additional E28M by Roma to complete and permanent transfer, Barcelona will take him back and convey to Roma E13M.

The net effect of the two moves is that Barcelona receives E12M today, with the expectation that they will repay E13M (the original amount, plus 8.25%) in two years. Thus, they are able to utilize the E12M in liquidity in exchange for what effectively amounts to an 8.25% interest rate over two years.

by Emile Avanessian on Aug 9, 2011 7:09 AM CEST up reply actions  

but..

what you are missing Emile is that Barca will not see those E12M for another 2 years according to the deal contract, did you know that?

by hobo_barca on Aug 9, 2011 7:20 AM CEST up reply actions  

I am not aware of this being the case

This is not to say that it is not so, simply that I was not aware of that and have not been able to an article or website that states this is the case. If you could post a link to such an article it would be much appreciated.

by Emile Avanessian on Aug 9, 2011 7:32 AM CEST up reply actions  

it is the case

I believe posting here implies you have the knowledge of the subject you are posting on, hence, I suggest you do more research, as I had done before replaying

by hobo_barca on Aug 9, 2011 7:47 AM CEST up reply actions  

Guys

I believe its euros not British pounds, never mind. I do, however, find it hard to believe that Barca HAS to buy him back in two years. I would think its the other way around. Barca can choose to pay 13 million and get him back or Roma has to pay 28 to keep him.

by Inder Methil on Aug 9, 2011 7:21 AM CEST up reply actions  

oops

saw the pounds symbol, my bad:)

by Inder Methil on Aug 9, 2011 7:37 AM CEST up reply actions  

i'm pretty sure

In essence, we pay a million to buy Bojan back (saving on his salaries, which according to Emile would be 6 million over two years?) so that would mean saving 5 million Euros over two years right? or Roma keep him by paying us 28+ 12= 40 million euros. Seems like we got a good deal, save on a players salary (one who wasnt cut out for Barca but will improve) and avoid keeping an unhappy player on the bench. Pretty sure he will play regularly since Luis Enrique is the coach.

by Inder Methil on Aug 9, 2011 7:42 AM CEST up reply actions  

Barcelona has to buy him back

the deal made with Roma includes an obligatory buyback clause at €13 million. But if Roma wants to block the clause they have to pay the €28 million.

Senior Editor at Barca Blaugranes. Follow me on Twitter @bcernensek

by Bostjan Cernensek on Aug 9, 2011 10:47 AM CEST up reply actions  

please don't

he’s just terrible

Overworked, chronically bored and incredibly self-absorbed Editor-in-Chief of SB Nation’s FC Barcelona Blog, Barca Blaugranes. If I didn’t unnerve you now, you can also follow me on Twitter @JubeiKibagame

by Adi-Oula Sebastian on Aug 9, 2011 11:26 AM CEST up reply actions  

Two years is a long time

with regular playing time he could gain the confidence he needs to become a great striker

Senior Editor at Barca Blaugranes. Follow me on Twitter @bcernensek

by Bostjan Cernensek on Aug 9, 2011 12:44 PM CEST up reply actions  

I think there is certainly another part of the Bojan deal to be considered

It’s quite possible that Bojan simply doesn’t come to terms with Barcelona after the buyback id triggered. While the club is obligated to sell him, EU law puts the final say right into the hands of Bojan. Also, I’d be curious to see where you read they they are forced to buy him back (sorry if I missed that somewhere, but most Roma sites reported nothing of that kind). With most deals, it’s very possible that Barca simply do nothing and Bojan is simply gone for the initial fee.

by Stephen Schmidt on Aug 9, 2011 4:55 PM CEST up reply actions  

Here's the link on the official FC Barcelona site
The Italian outfit will pay 12 million for the player and the agreement includes an obligatory repurchase clause to be exercised by FC Barcelona at the end of the 2012/13 season, for a cost of 13 million.

- FCBarcelona.com

Overworked, chronically bored and incredibly self-absorbed Editor-in-Chief of SB Nation’s FC Barcelona Blog, Barca Blaugranes. If I didn’t unnerve you now, you can also follow me on Twitter @JubeiKibagame

by Adi-Oula Sebastian on Aug 9, 2011 5:54 PM CEST up reply actions  

That's why i'm the Chief ;)

Overworked, chronically bored and incredibly self-absorbed Editor-in-Chief of SB Nation’s FC Barcelona Blog, Barca Blaugranes. If I didn’t unnerve you now, you can also follow me on Twitter @JubeiKibagame

by Adi-Oula Sebastian on Aug 9, 2011 5:57 PM CEST up reply actions  

Arr, i never like to quote Goal.com

I do frequent the site but I think they are just terrible

Overworked, chronically bored and incredibly self-absorbed Editor-in-Chief of SB Nation’s FC Barcelona Blog, Barca Blaugranes. If I didn’t unnerve you now, you can also follow me on Twitter @JubeiKibagame

by Adi-Oula Sebastian on Aug 9, 2011 6:07 PM CEST up reply actions  

I know it's Goal.com

but they explained the trade best

Senior Editor at Barca Blaugranes. Follow me on Twitter @bcernensek

by Bostjan Cernensek on Aug 9, 2011 7:15 PM CEST up reply actions  

Agreed

They are so unreliable in their sourcing that it drive me crazy.

by Stephen Schmidt on Aug 9, 2011 7:54 PM CEST up reply actions  

Man that would get messy

As Barca would not pay the money, but would have a legal case, and probably make Bojan or Roma pay that E28 million. Seriously, Barca utilise their lawyers at every opportunity

Senior Editor on Barca Blaugranes.

If you really want you can follow my random musings on Twitter @aduckling_10

"I’m normally not a praying man, but if you’re up there, please save me, Superman."

by Arron Duckling on Aug 9, 2011 6:41 PM CEST up reply actions  

I don't think there would be much of a case

The EU has upheld a players right fairly often to reject any move they wish (100% of the time in fact), and they’ve also ruled it illegal to insert a clause in a players contract forcing them to waive that right. I’d assume there is some sort of clause in the agreement between Roma and Barca which deals with this particular situation. As you said, Barca’s lawyers are good. I’d assume they took care of this fairly obvious potential problem before it has the chance to happen. I can’t see why we’d ever hear the details of it now though.

by Stephen Schmidt on Aug 9, 2011 7:58 PM CEST up reply actions  

I think Bojan would be happy to return

As the likely thing is for both him and Enrique to return in 2013 or whenever, though he does like Barca, just would need assurances from Pep. Though it is scary how many companies Barca are in litigation with

Senior Editor on Barca Blaugranes.

If you really want you can follow my random musings on Twitter @aduckling_10

"I’m normally not a praying man, but if you’re up there, please save me, Superman."

by Arron Duckling on Aug 9, 2011 8:27 PM CEST up reply actions  

I really think it will just depend on the situation

If Pedro, Messi, and Sanchez are joined by someone else that’s likely ahead of Bojan, I can’t imagine he’d want to go back to 5th or 6th choice. If they don’t add I could certainly see the appeal.

by Stephen Schmidt on Aug 9, 2011 8:47 PM CEST up reply actions  

exactly

Crystal balls at the ready everyone ;)

Senior Editor on Barca Blaugranes.

If you really want you can follow my random musings on Twitter @aduckling_10

"I’m normally not a praying man, but if you’re up there, please save me, Superman."

by Arron Duckling on Aug 9, 2011 9:54 PM CEST up reply actions  

litigation

who are they litigating with? and why?

by hobo_barca on Aug 10, 2011 3:05 AM CEST up reply actions  

Well

Sogecable, Mediapro, Espanyol for Raul Baena, Cadena COPE, Arsenal and many more.

All for money they feel they are owed

Senior Editor on Barca Blaugranes.

If you really want you can follow my random musings on Twitter @aduckling_10

"I’m normally not a praying man, but if you’re up there, please save me, Superman."

by Arron Duckling on Aug 10, 2011 11:23 AM CEST up reply actions  

I'm still bitter about Bojan leaving

I die a little inside everytime a La Masia graduate leaves… Except Cesc… He can stay in London for all I care…

The more you drink, the less gruesome I look.
Barca Blaugranes- SB Nation's FC Barcelona blog
@shadowking011

by Paul Udani on Aug 9, 2011 2:38 AM CEST reply actions  

I die a little inside everytime a La Masia graduate leaves

Also, I love being bitter…

The more you drink, the less gruesome I look.
Barca Blaugranes- SB Nation's FC Barcelona blog
@shadowking011

by Paul Udani on Aug 9, 2011 2:47 AM CEST up reply actions  

so melanchonic

I know, but you have to let it go at some point, future will tell us of he is, or who he is

by hobo_barca on Aug 9, 2011 8:10 AM CEST up reply actions  

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