tans
You spin me right round baby right round
 Offline
Posts: 26743
|
 |
« on: Wednesday, April 25, 2012, 12:43:57 » |
|
|
|
|
|
|
Logged
|
|
|
|
Cibocchi_Is_God
Offline
Posts: 486
The Italian Stallion
|
|
« Reply #1 on: Wednesday, April 25, 2012, 12:48:49 » |
|
So this will kind of benefit us? I didnt read the whole thing... But the threshold in league one is 20% higher than in league two, so therefore we will be able to spend 20% more on wages? Or have I got that wrong?
|
|
|
|
|
Logged
|
|
|
|
Trashbat?
Offline
Posts: 1655
|
|
« Reply #2 on: Wednesday, April 25, 2012, 12:52:23 » |
|
So this will kind of benefit us? I didnt read the whole thing... But the threshold in league one is 20% higher than in league two, so therefore we will be able to spend 20% more on wages? Or have I got that wrong?
10%, as we operated at 55% this year and its 65% in league 1 next year. Certainly makes the stadium plans a very important part of the future with the revenue streams we can create from the redevelopment. |
|
|
|
|
Logged
|
|
|
|
Peter Venkman
Past glories motivate us when times are bleak.
Offline
Posts: 64639
Perfection is not attainable
|
|
« Reply #3 on: Wednesday, April 25, 2012, 12:52:29 » |
|
So this will kind of benefit us? I didnt read the whole thing... But the threshold in league one is 20% higher than in league two, so therefore we will be able to spend 20% more on wages? Or have I got that wrong?
10% more than currently, we are 55% now and it will raise to 65% next season. |
|
|
|
|
Logged
|
From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
|
|
|
|
Flashheart
|
|
« Reply #4 on: Wednesday, April 25, 2012, 12:57:50 » |
|
Under the regulations, from the 2014-15 season, clubs in the Championship who record total losses of over £6million will be hit with either a transfer embargo or a fine that could run in to millions. How are they defining debt? What I mean is that although we may have recorded debt of 10m, the holding company owe nothing (as far as I know) to anybody outside of the football club. |
|
|
|
|
Logged
|
|
|
|
Samdy Gray
Dirty sneaky traitor weasel
Offline
Posts: 27180
|
|
« Reply #5 on: Wednesday, April 25, 2012, 12:59:42 » |
|
Wow. Fining loss-making business millions of pounds. I know it's supposed to be a detterent, but which genius came up with that idea?
|
|
|
|
|
Logged
|
|
|
|
Cibocchi_Is_God
Offline
Posts: 486
The Italian Stallion
|
|
« Reply #6 on: Wednesday, April 25, 2012, 13:01:43 » |
|
Ah silly me! Thought it said 75% - Still puts us a in a pretty strong position considering we could reduce our wage bill significantly already...
|
|
|
|
|
Logged
|
|
|
|
Peter Venkman
Past glories motivate us when times are bleak.
Offline
Posts: 64639
Perfection is not attainable
|
|
« Reply #7 on: Wednesday, April 25, 2012, 13:14:02 » |
|
Ah silly me! Thought it said 75% - Still puts us a in a pretty strong position considering we could reduce our wage bill significantly already...
We could easily drop a large percentage of this seasons wages by releasing players from their contract that is true but we currently don't know if the contact pay-off's incurred would be included in the wage total for the year, in which case we would be no better off. Also you have to take into account most players will be on contacts that give them a wage rise per promotion which I would be surprised if it was less than a 10% pay rise, instantly nullifying any gain from the extra 10% allowance in wages. |
|
|
|
|
Logged
|
From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
|
|
|
Cibocchi_Is_God
Offline
Posts: 486
The Italian Stallion
|
|
« Reply #8 on: Wednesday, April 25, 2012, 13:26:32 » |
|
We could easily drop a large percentage of this seasons wages by releasing players from their contract that is true but we currently don't know if the contact pay-off's incurred would be included in the wage total for the year, in which case we would be no better off.
Also you have to take into account most players will be on contacts that give them a wage rise per promotion which I would be surprised if it was less than a 10% pay rise, instantly nullifying any gain from the extra 10% allowance in wages.
I see. I've not really much idea with regards to contracts and footballing finances/law but I surely if a player agrees to mutual termination his contract can be ripped up for nothing? Or a fraction of what he is owed? Although I actually think some of our deadwood are saleable, if not in England than abroad. For example if we were to try and rid of say, Esajas, I think there could actually be some interest. Simply because he has had experience in England and given games could probably do a job in the lower leagues. Same could be said of Kerrouche, he had relative success this year and so would attract interest from league two clubs. Although we may not get a fee, we may be able to rid of them without having to pay them off... |
|
|
|
« Last Edit: Wednesday, April 25, 2012, 13:29:28 by Cibocchi_Is_God »
|
Logged
|
|
|
|
Trashbat?
Offline
Posts: 1655
|
|
« Reply #9 on: Wednesday, April 25, 2012, 13:32:54 » |
|
We will also see (hopefully) increased revenue in League 1, so the 65% should be quite a bit larger than 55% of league 2 revenue.
|
|
|
|
|
Logged
|
|
|
|
Simon Pieman
Original Wanker
Offline
Posts: 36334
|
|
« Reply #10 on: Wednesday, April 25, 2012, 17:41:09 » |
|
Wow. Fining loss-making business millions of pounds. I know it's supposed to be a detterent, but which genius came up with that idea?
Teams only get fined if they go up to the premiership. In reality they just get less tv money. |
|
|
|
|
Logged
|
|
|
|
Samdy Gray
Dirty sneaky traitor weasel
Offline
Posts: 27180
|
|
« Reply #11 on: Wednesday, April 25, 2012, 19:16:17 » |
|
Ah makes sense now.
|
|
|
|
|
Logged
|
|
|
|
|
