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Champagne Drinker  Posts: 2,345
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Sorry, the scheme wasn't set up for any business whatever the size. It was setup to benefit employees and keep them in work when they would otherwise have been made redundant.
Which is exactly why the government has instructed companies to re-engage staff that had left their businesses since 28th February so they can use the scheme.
It's not for the benefit of business. It's for the benefit of individuals.
Interesting. In the case of PL clubs you are saying its not a benefit for the business? Couple of ex players thinking its not the right thing to be doing: https://www.goal.com/en-ie/new.....5u0wxeo1s0idwyq2glz6Good article here around a conversation with a current player. https://www.football365.com/news/feature-premier-league-player-wage-cut-matt-hancockThink most people would agree with the last reponse. “It’s not complicated, Clubs pay non-playing staff wages in full for the duration. The Premier League or whoever has the power, takes the players and directors’ wage bill for three months and donates it to essential workers and the NHS. Six months if it goes on longer. That’s it. Not hard. No fuss and bother. Just do it. The lads will probably be glad to have the pressure taken off them. Then we’ll go round Hancock’s house and get his money off him. The twit.” |
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“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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| GollyGTFC |
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The PFA have made a very important point. If Premier League players take the suggested pay cut (30%) it works out at a combined £500m and that means the taxman (ultimately the NHS) lose out on £200m in income tax receipts and that's before you add-on employers contribution.
It seems barmy that certain ex-players are furious that clubs are using the furlough scheme for non-footballing staff as it will potentially cost the taxpayer tens of millions, but are quite happy for pay cuts to be agreed that will cost the taxpayer hundreds of millions.
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Champagne Drinker Posts: 2,345
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The original question was around a club using the Coronavirus Job Retention Scheme.
Nothing to do with the 30% pay cut.
The average footballer on just £2,000,000 a year PAYE gets his 12 monthly payslips and a net pay of just £1,071,140.00 a year to scrape by on.
It would make far more sense for him to donate the £50,000 funds (30% of one gross month) to a medical charity of his choosing using Gift Aid or via a 3rd party.
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“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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| MarinerDevil |
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The whole point of the furlough scheme is to maintain demand in the economy by incentivising employers to keep people earning - and therefore spending - throughout the lockdown.
Many clubs (or any other businesses) who couldn't ordinarily afford to keep paying employees are rightfully using this to keep staff on.
However, most clubs' biggest earners will obviously be their playing staff, so they really should be first in line for pay cuts/furloughing - if this really is about keeping clubs afloat.
Liverpool are essentially saying that they're fine to keep paying six figure sums to their players but fancy letting the taxpayer save them a bit of money elsewhere. Bit cheeky by anyone's standards.
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| Marinerz93 |
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The whole point of the furlough scheme is to maintain demand in the economy by incentivising employers to keep people earning - and therefore spending - throughout the lockdown.
Many clubs (or any other businesses) who couldn't ordinarily afford to keep paying employees are rightfully using this to keep staff on.
However, most clubs' biggest earners will obviously be their playing staff, so they really should be first in line for pay cuts/furloughing - if this really is about keeping clubs afloat.
Liverpool are essentially saying that they're fine to keep paying six figure sums to their players but fancy letting the taxpayer save them a bit of money elsewhere. Bit cheeky by anyone's standards.
Some good points there MarinerDevil, the scheme also aids the recovery of companies once we are back up and running by making sure companies have the skilled staff in their roles instead of the need to implement training and other costs that could see the economy recover a lot slower, more for industry me thinks but does suit other sectors. The thing that is on mind mind during this time is can the government keep this going, should we be locked down until September, will we end up giving up some holidays to make this cost effective and surely a tax increase once we are back up and running to pay this back will be on the cards too, maybe an increase of National Insurance too. |
| Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.
Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock. |
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Champagne Drinker Posts: 2,345
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The whole point of the furlough scheme is to maintain demand in the economy by incentivising employers to keep people earning - and therefore spending - throughout the lockdown.
Many clubs (or any other businesses) who couldn't ordinarily afford to keep paying employees are rightfully using this to keep staff on.
However, most clubs' biggest earners will obviously be their playing staff, so they really should be first in line for pay cuts/furloughing - if this really is about keeping clubs afloat.
Liverpool are essentially saying that they're fine to keep paying six figure sums to their players but fancy letting the taxpayer save them a bit of money elsewhere. Bit cheeky by anyone's standards.
Supporter group against this too. https://www.theguardian.com/fo.....over-staff-furloughshttps://www.goal.com/en/news/s.....3dsnfaj12pig4xih600tGood to see fans protesting against this. |
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“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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Champagne Drinker Posts: 2,345
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I really don't understand why so many people seem to think football clubs are a special case and shouldn't be furloughing staff.
Every business in the country is entitled to use the furloughing scheme to retain staff that aren't required at the moment and would be laid off otherwise. LFC should be applauded for topping up salaries so their furloughed staff will be receiving 100% of their usual salaries.
The Premier League and it's club make huge contributions in tax payments to this country. Why shouldn't they be able to use a scheme that many multi-national businesses that divert their profits to countries with more favourable tax rates can use?
There's a scheme. It's open to all businesses. You can't pick and choose. If there wasn't that scheme then there would be several million employed people being made redundant instantly and claiming universal credit along with the 1 million or so self-employed people that have started claims in the last few weeks.
Well they obviously reconsidered & reversed the decision. Good victory for the fan pressure groups and PR damage limitation for the club. https://www.bbc.co.uk/sport/football/52191140 |
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“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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| Gaffer58 |
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On a similar vain, companies are getting a rates and tax holiday or whatever, understandable if your shop,company is closed so no income coming in but, evidently all supermarkets and other shops,companies that have remained open, thus still having an income and hopefully making a profit are also receiving the tax brakes, although such as Tesco say the last few weeks has been better then Christmas, so let’s get the supermarkets to make a contribution towards the NHS.
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Champagne Drinker Posts: 2,345
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“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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| Gaffer58 |
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Brandy Drinker Posts: 2,986
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And would Ashley be getting rid of Newcastle, and it’s been reported it’s a cash sale, if this virus had never happened. At least he’ll have some money to pay his workers.
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