Why hasn’t a Prem club furloughed it’s players?
Discussion
They are contracted not employed, (although the vast majority will receive pay via UK PAYE), they are not PAYE 'employees', in fact they are assets that are depreciated on a balance sheet, eg a 30 million £ signing on a 3 yr contact is 10 mill a yr on write down.
No pay = no contract, free agent...
No pay = no contract, free agent...
From what I have read there is a risk of being in breach of contract and players simply leaving
Then there is the morally corrupt side of things
As an example the Leeds United players voluntarily deferred wages so that the club would not have to lay off any of the club's 250 staff
Other clubs are calling for transfer embargoes against the club for not being able to pay all of their bills because of it
Then there is the morally corrupt side of things
As an example the Leeds United players voluntarily deferred wages so that the club would not have to lay off any of the club's 250 staff
Other clubs are calling for transfer embargoes against the club for not being able to pay all of their bills because of it
Thankyou4calling said:
.
Perhaps clubs aren’t as stretched as they make out.
Any thoughts?
Say you have a top four club PLAYER wage bill of 300million pa +, and income OVERALL of 40 million a month, the income stopped completely in March, and you only had 100m in the bank, and the tv companies now want 40m back, and you can't sell tickets because no fans...Perhaps clubs aren’t as stretched as they make out.
Any thoughts?
Choices eh....
Gassing Station | Football | Top of Page | What's New | My Stuff