Grays_1890
Chris Jones
there’s a pub/restaurant down the road from me called the Arkle Manor.
I've been to a pub named that near Box Hill, post golf
there’s a pub/restaurant down the road from me called the Arkle Manor.
I've been to a pub named that near Box Hill, post golf
yeah that one.
yeah that one.
2 years, so we have to go through this all again next summerHow long is left on his contract? There has to be a point where it is more efficient to pay him off, assuming he'd agree. As per @superspurs we probably pay a good portion of his wages whilst he's on loan. There is also the cost of arranging the loans, be that what we pay agents (or consultants ) to find a loan, legal fees in drawing up contracts (yes, probably relatively straightforward but still a cost) and not least, the cost of time that Levy and/or other staff could be better spending elsewhere. We need to draw a line under this one.
How long is left on his contract? There has to be a point where it is more efficient to pay him off, assuming he'd agree. As per @superspurs we probably pay a good portion of his wages whilst he's on loan. There is also the cost of arranging the loans, be that what we pay agents (or consultants ) to find a loan, legal fees in drawing up contracts (yes, probably relatively straightforward but still a cost) and not least, the cost of time that Levy and/or other staff could be better spending elsewhere. We need to draw a line under this one.
Think he's got 2 years left on his contract, at £200k/wk, which makes it a little over £20m to pay it off in its entirety. Ouch. Why should he settle for less? On one hand, there'd be the prospect of a nice juicy signing-on fee...but there's no way any other club would be prepared to pay those wages based on recent performances.How long is left on his contract? There has to be a point where it is more efficient to pay him off, assuming he'd agree. As per @superspurs we probably pay a good portion of his wages whilst he's on loan. There is also the cost of arranging the loans, be that what we pay agents (or consultants ) to find a loan, legal fees in drawing up contracts (yes, probably relatively straightforward but still a cost) and not least, the cost of time that Levy and/or other staff could be better spending elsewhere. We need to draw a line under this one.
It would cost around £40m to pay him off. Half of that is wages due and half on his current book value. Sadly, loaning him out is still preferable
I think that's a slightly misleading way of looking at it. His remaining £20m book value is there whether we loan him our out or cancel his contract or have him rotting in the reserves, right? So it's really just the wages that are the question. Though to be fair I agree he's unlikely to accept anything other than full wages payout, so it probably is financially better for us to loan him twice and at least get some of that wage cost reduced.
If we cancelled his contract, it would all appear in this year's accounts. Although, we would save the wages next year.
Levy and staff have been redrawing the lines... That's what they do. It is common knowledge that Levy drives hard bargain and values the deal size more than the team's readiness to compete.How long is left on his contract? There has to be a point where it is more efficient to pay him off, assuming he'd agree. As per @superspurs we probably pay a good portion of his wages whilst he's on loan. There is also the cost of arranging the loans, be that what we pay agents (or consultants ) to find a loan, legal fees in drawing up contracts (yes, probably relatively straightforward but still a cost) and not least, the cost of time that Levy and/or other staff could be better spending elsewhere. We need to draw a line under this one.
No, it's a narrative put out by the media, it doesn't matter whether it's true or not, nor the context of the deal.It is common knowledge that Levy drives hard bargain and values the deal size more than the team's readiness to compete.