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Post by southportox on Feb 1, 2011 12:15:58 GMT
Excuse my ignorance but who is responsible for loan players wages. Matt green for instance, are we still liable for some of his wages or what percentage and what do we pay for our loanees. Also why do clubs declare an undisclosed transfer fee ?
Dave
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Post by moobs on Feb 1, 2011 12:26:21 GMT
I'd be surprised if we loaned him out to a rival club and still paid part of his wage.
Pretty sure Cheltenham are picking up the full tab
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Post by dabigfella on Feb 1, 2011 12:44:12 GMT
It's more usual to only pay part of a players wages when he comes to a club in a league (or leagues) lower than his own. Going the other way (or sideways in this case) usually means the other club plays all the wages.
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Post by druid on Feb 1, 2011 12:49:53 GMT
I believe the mechanics of it is that Green will still be paid by OUFC, who will then invoice Chelt for him. (This is why MacLean was not paid before Xmas whilst playing for us, despite us paying for his services).
The proportion of the wage met by each club varies with each loan deal, I would agree that Chelt are prob picking up all of Greens wage. We are certainly not paying 100% of MacLeans wage. The deal that took Bellamy to Cardiff was VERY favourable, and due to Cardiffs finances at the time, quite contentious among other Championship clubs. I believe that Man City have now said they will no longer subsidise other clubs to that extent.
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Post by basingstokeox on Feb 1, 2011 12:56:55 GMT
I believe the mechanics of it is that Green will still be paid by OUFC, who will then invoice Chelt for him. (This is why MacLean was not paid before Xmas whilst playing for us, despite us paying for his services). The proportion of the wage met by each club varies with each loan deal, I would agree that Chelt are prob picking up all of Greens wage. We are certainly not paying 100% of MacLeans wage. The deal that took Bellamy to Cardiff was VERY favourable, and due to Cardiffs finances at the time, quite contentious among other Championship clubs. I believe that Man City have now said they will no longer subsidise other clubs to that extent. Man city are paying 85% of his wages!!!!!!!!! Yep i'd call it a subsidy!!!!!
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Post by basingstokeox on Feb 1, 2011 12:57:46 GMT
Dont agree with undisclosed fees as should be open and above board not cloak and dagger
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Post by Marked Ox on Feb 1, 2011 13:34:10 GMT
Dont agree with undisclosed fees as should be open and above board not cloak and dagger The problem if disclosed is that the selling club, especially if a large fee, will find other clubs inflate their demands knowing how much this club has. The info often comes out anyway in the accounts when they are published but just not at the time of the transfer. Playing devil's advocate, why do we as supporters need to know the amount/terms at the time of the transfer or even at all? I do agree that we need to know the overall financial situation of the club and short/medium/long term strategy for financial and club development. I'm just not sure we need to know the detail of each transfer at the time other than to satisfy our curiosity about the club. I do think that the club should do a summary of the accounts (after they are published) and make it available on the club's website which should include such information as the overall fees spent/received on transfers.
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Post by southportox on Feb 1, 2011 17:25:11 GMT
I believe they only become availiable some time later ie related to the relevant tax year so would only be posted related to the published tax return. Other clubs can guess at a price which would probably not be to far of the mark. Crawley pay over the odds. Swindon got between 1.75 and 2 million for Austin. Football should be open and I agree with basingstokeox that the fans should know what is happening and no
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Post by Marked Ox on Feb 2, 2011 17:39:09 GMT
I believe they only become availiable some time later ie related to the relevant tax year so would only be posted related to the published tax return. Other clubs can guess at a price which would probably not be to far of the mark. Crawley pay over the odds. Swindon got between 1.75 and 2 million for Austin. Football should be open and I agree with basingstokeox that the fans should know what is happening and no Why should we know the actual terms or amounts of a transfer deal? People keep saying it should be disclosed but what is the purpose of knowing them now? What do we (as supporters) gain other than satisfying pure curiosity? Why is it important to know the details of a transfer deal now rather than when the accounts are released, what do you actually gain other than, as said, satisfying curiosity? I keep reading this comment about football clubs should be open about transfer deals but nobody has actually said why, other than basically saying they should know now. I do believe we should have a summary of the club's overall financial situation regularly, including an overall summary of income and expenditure etc. Supporters don't tend to ask for details of income from gate receipts or money raised from Executive Box sales, so why are transfer deals different? As for agents/clubs guessing that is the point, it is a guess and there is a difference between knowing and guessing.
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Post by Marked Ox on Feb 3, 2011 17:04:27 GMT
Bump.
Can those asking for disclosed transfer terms please answer the above questions as I'm interested as to the reasons why other than our individual and collective curiosity for info about the club.
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Post by scoob on Feb 4, 2011 10:27:27 GMT
Good questions Marked Ox and its interesting that you have not received a response. Many football fans expect owners to pump in millions of their own cash into clubs then expect them to disclose fine details about their investment. There is no compulsion to disclose anything other than what is required in the accounts and for the smaller clubs that is minimal information (ie balance sheet only). I certainly do not see why player's wages should be disclosed. Would anyone on this forum like it if their salary details were disclosed to everyone?
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Post by bicesterox on Feb 5, 2011 0:06:37 GMT
They can know mine, then they'd know why I cannot make EVERY away game with kids to feed and missus to keep in handbags [why does she need as many bags as I've got OUFC shirts?]
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