Joao Carvalho

[wassy04]

In theory his book price will now be available to invest- whatever that actually was!

If theoretically we had 6m left of the 15m and they paid 6m we are saving 3m on this years accounts. 

If they spent 3m we would be in the same position as we would've been from keeping him in these accounts (and better off next year)

All hypothetical and I know Sniff is adamant the fee was never that high in the first place so this is probably irrelevant but it's good to understand the accounting