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HertsGTFC |
October 24, 2020, 12:02am |
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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.
I see what your saying but though I have no reason to join his fan club I don’t believe the order of priority is... 1 Sell best players 2 Keep club alive 3 Buy more better players 4 Pay off JF Numbers 1 & 2 are for sure top of the agenda and maybe rather than signing the next big thing IH was just trying to make sure we stay alive beyond what was it Phil Day said March 2021? Either way well done to Mattie and his family who are sensible enough to know he has a bit to do just to ensure his next move is the right one.
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| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style |
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pen penfras |
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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.
It was mentioned at a fan forum, that the repayment didn't come out of the Bogle transfer fee, but came out of the other income that was part of FFP and couldn't be spent on the playing squad. Whether that money would have been better invested elsewhere than paying off loans is a different argument. Both need to happen.
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28195 |
October 24, 2020, 10:51am |
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Guest User |
It reads as though his dad is running an academy and his own career seemed to fizzle out quite early, also, he was at the top quite young. No surprise he wants his son to climb to success.
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ginnywings |
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Recovering Alcoholic
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I hope Pollock goes on to better things and we make a chunk of cash from him; it's a good model to have for teams like us, and something we should have been doing for a long time, like Peterborough have been doing for a while now. They have just shifted on Ivan Toney for 10 million, and he's not the first they have made a lot of money on.
I think Woods is doing a great job, and hopefully we will get a reputation for developing young players to play higher up the pyramid.
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KingstonMariner |
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Meths Drinker
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It was mentioned at a fan forum, that the repayment didn't come out of the Bogle transfer fee, but came out of the other income that was part of FFP and couldn't be spent on the playing squad.
Whether that money would have been better invested elsewhere than paying off loans is a different argument. Both need to happen.
FFP. Financial Fair Play? Agree with your last comment.
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| Through the door there came familiar laughter, I saw your face and heard you call my name. Oh my friend we're older but no wiser, For in our hearts the dreams are still the same. |
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pen penfras |
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FFP. Financial Fair Play?
Agree with your last comment.
Yes, financial fair play. Or whatever it's actual name was.
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RichMariner |
October 24, 2020, 11:10pm |
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I don't deny that some young kids are being paid a few grand a week but I really doubt the amounts that are being quoted on here. A kid on £8k a week 10 years ago?
I know the Prem is awash with cash but these clubs know they can pick up these kids for a pittance. Say Mattie is on £700 a week here — why would you chuck £8k a week at him? You'd probably get him to sign for far less per week, with the promise of a much bigger contract if he fights his way into the first team.
Give them a huge pay packet up front and no wonder they fall out of love with the game - they earn enough to pay off a mortgage before they've even played for the first team.
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forza ivano |
October 25, 2020, 10:59am |
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I don't deny that some young kids are being paid a few grand a week but I really doubt the amounts that are being quoted on here. A kid on £8k a week 10 years ago?
I know the Prem is awash with cash but these clubs know they can pick up these kids for a pittance. Say Mattie is on £700 a week here — why would you chuck £8k a week at him? You'd probably get him to sign for far less per week, with the promise of a much bigger contract if he fights his way into the first team.
Give them a huge pay packet up front and no wonder they fall out of love with the game - they earn enough to pay off a mortgage before they've even played for the first team.
The figures i quoted for the West ham reserve are true.I also have a friend who signed for that obnoxious Scottish c*nt at Crawley and was on £5k a week in division 2
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KingstonMariner |
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Meths Drinker
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Yes, financial fair play. Or whatever it's actual name was.
FFP is about limiting expenditure isn’t? Why would we be getting extra money under the scheme?
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| Through the door there came familiar laughter, I saw your face and heard you call my name. Oh my friend we're older but no wiser, For in our hearts the dreams are still the same. |
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jamesgtfc |
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I seem to recall Slade saying he enquired about a Premier League reserve player but his wages were astronomical.
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