Pollock

Quoted from Northbank Mariner

Sure that's wasn't Tony Currie??.

R Russ!

Quoted from Northbank Mariner

Sure that's wasn't Tony Currie??.

Tony Currie on his day was a great player, I can’t recall wether it was him or Stan Bowles who had a mare when they came to BP in the early 80’s. Both got a “warm welcome”. 😉

Quoted from RichMariner

If he goes to a Premier League club now, his wages won't be much more than he's on now.

A couple of years ago I worked with a bloke who’s lad had (a few years earlier) played in the U23s for a (then) PL club and England U17s. He was a very highly rated young player and was on a multi year contract at his club on in excess of £5,000 per week. No player has earned anything like that at Town since the 2000s. Last I heard he was playing non-league in S Yorks after growing frustrated with professional football.

When I first saw this to be honest I was a bit p1ssed off as we could lose one of our best assets before we settle the squad and he’s ready.

Though on reflection manager/director tries to sell an asset to reinvest 100% of the net fee into improving the squad then that shows the tree benefit if having IH at the club.

As long as we get a good price, minimises agents fees  and the pipeline of replacements takes us forward then it’s better than where we’ve been surely?

I believe his dad is his agent.

Quoted from HertsGTFC

When I first saw this to be honest I was a bit p1ssed off as we could lose one of our best assets before we settle the squad and he’s ready.

Though on reflection manager/director tries to sell an asset to reinvest 100% of the net fee into improving the squad then that shows the tree benefit if having IH at the club.

As long as we get a good price, minimises agents fees  and the pipeline of replacements takes us forward then it’s better than where we’ve been surely?

The chances of that happening though are pretty slim with £1.6m* of Benign Debt and the current circumstances.

* 2019 accounts, so may be out of date - haven't seen 2020 accounts.

Quoted from KingstonMariner

The chances of that happening though are pretty slim with £1.6m* of Benign Debt and the current circumstances.

* 2019 accounts, so may be out of date - haven't seen 2020 accounts.

In accounting terms benign debt usually gets serviced out of distributable profit after a buffer has been imposed. In the current crisis I’d think the buffer would be pretty big before the directors could take any remuneration including loan repayments.

As much as it’s “fashionable“ to refer to this there is no evidence that player sales would service JF’s debt before reinvestment or in the worst case scenario club survival.

History could go on to prove IH may be lots of things but I’m 100% confident one of them won’t be an income generator for JF.

Quoted from LH

A couple of years ago I worked with a bloke who’s lad had (a few years earlier) played in the U23s for a (then) PL club and England U17s. He was a very highly rated young player and was on a multi year contract at his club on in excess of £5,000 per week. No player has earned anything like that at Town since the 2000s. Last I heard he was playing non-league in S Yorks after growing frustrated with professional football.

Adam Drury was said to be on £10k pw. at man city, whilst I know of a West ham reserve who was on similar money, despite never playing for the first team and then moved to Bolton for much higher wages.

Quoted from forza ivano

Adam Drury was said to be on £10k pw. at man city, whilst I know of a West ham reserve who was on similar money, despite never playing for the first team and then moved to Bolton for much higher wages.

I think this lad was on something more like £8000 a week but wasn’t sure. This is going on ten years ago now. He’s never needed mortgage put it that way - although his dad is very upset that he gave it all up as he’s still having to pay one! Regardless playing kids football at the top is far more lucrative than playing week in week out in League Two and fair play to Mattie for grinding it out for us for that.

Quoted from HertsGTFC

In accounting terms benign debt usually gets serviced out of distributable profit after a buffer has been imposed. In the current crisis I’d think the buffer would be pretty big before the directors could take any remuneration including loan repayments.

As much as it’s “fashionable“ to refer to this there is no evidence that player sales would service JF’s debt before reinvestment or in the worst case scenario club survival.

History could go on to prove IH may be lots of things but I’m 100% confident one of them won’t be an income generator for JF.

Every season we’ve been back in the League (except maybe last - as I said haven’t seen the accounts) we paid money back to JF. Some out of profits and some out of the Bogle money. Director’s debts were reduced from player sales and operating revenue. There’s no other way that money could have been paid back unless Old Shutup has got a magic money tree like Rishi Sunak. I’d say that was evidence enough.

I’m not saying JF would take the money out this year because of the situation we find ourselves in. I said that new player purchases will be a down the list of priorities and behind keeping the club afloat and repaying JF.