Thetownend.com

25% => News => Topic started by: News Monkey on Saturday, July 21, 2012, 06:00:06



Title: Adver News: Wray keeping tight hold of purse strings
Post by: News Monkey on Saturday, July 21, 2012, 06:00:06
Wray keeping tight hold of purse strings
           
           



  SWINDON Town chairman Jeremy Wray has hinted that manager Paolo Di Canio may have to temper his desire to spend to fit in with the Robins’ budget for the remainder of the summer.

           

http://www.thisisswindontownfc.co.uk/news/headlines/9830408.Wray_keeping_tight_hold_of_purse_strings/?ref=rss
           
           
           


Title: Re: Adver News: Wray keeping tight hold of purse strings
Post by: Jackstfc on Saturday, July 21, 2012, 21:19:20
Just had a quick look at the Annual Report and admittedly it was a quick look... £1.3m loss : much larger than the previous year yet JW's salary went up from £122k (2010) to £156k this year. Quite a percentage increase ?
He has done a good job but did he need to take such a hike up in pay ?


Title: Re: Adver News: Wray keeping tight hold of purse strings
Post by: SuggWillSugg MBE on Saturday, July 21, 2012, 21:23:59
Just had a quick look at the Annual Report and admittedly it was a quick look... £1.3m loss : much larger than the previous year yet JW's salary went up from £122k (2010) to £156k this year. Quite a percentage increase ?
He has done a good job but did he need to take such a hike up in pay ?

Probably because he became chairman rather than director? That would be my guess.


Title: Re: Adver News: Wray keeping tight hold of purse strings
Post by: Weasel on Saturday, July 21, 2012, 21:29:06
Worth every penny. One of our best signings in recent memory.


Title: Re: Adver News: Wray keeping tight hold of purse strings
Post by: Jackstfc on Saturday, July 21, 2012, 21:32:59
Good point - fair play to him in that case. We can see success comes at a price (this year) and I would rather remain stable than go for the Championship boom and bust - just hope any more success doesn't push us too much financially.


Title: Re: Adver News: Wray keeping tight hold of purse strings
Post by: Shaw Rosso on Saturday, July 21, 2012, 21:35:15
Just had a quick look at the Annual Report and admittedly it was a quick look... £1.3m loss : much larger than the previous year yet JW's salary went up from £122k (2010) to £156k this year. Quite a percentage increase ?
He has done a good job but did he need to take such a hike up in pay ?

Seeing as most of our players are on 520k per year i would think he probably feels a little hard done by


Title: Re: Adver News: Wray keeping tight hold of purse strings
Post by: Samdy Gray on Saturday, July 21, 2012, 21:40:24
Wray didn't get paid a penny.

That salary is Watkins'.