- Jan 18, 2011
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He's non playing staffWell maybe now would be the time he announced under the circumstances he would be repaying the £3m bonus he gave himself (or donate it), and at the same time reduce his own salary by 20%
He's non playing staffWell maybe now would be the time he announced under the circumstances he would be repaying the £3m bonus he gave himself (or donate it), and at the same time reduce his own salary by 20%
Well, he might be able to justify it financially, but cutting these wages by 20% and dipping into the public purse seems miserably mean spirited, especially in the light of his bonus. Says everything about the club and its priorities I'm afraid.
Well, he might be able to justify it financially, but cutting these wages by 20% and dipping into the public purse seems miserably mean spirited, especially in the light of his bonus. Says everything about the club and its priorities I'm afraid.
When every other club goes bust due to paying their staff during this difficult time, us and Newcastle can play a 2 team Premier League - we may even win a trophy at last!
If that money does make a difference then I'm aligned with what PeeEyeEmPee said:
"If it were, then that would mean spectacular mismanagement on the part of Levy and the rest of the board. It's their job to ensure the club is on a sound footing financially, not ours or the government's. And for the past however many years, that's pretty much all they've been telling us they're doing. "
Maybe insurance companies won't cover it?
We would come third in a two team leagueYou know we would still find a way to lose
how the hell can you man manage a pandemic that has no timescale on it. I posted a reply to pee about money we won’t receive if the season becomes null and void, the cost of those losses will be anything from 100-150m. You also have to tie in possible refunds, and the fact we won’t be selling season tickets or anything premium until an end date is insight.
tell me how anyone man manages for that. If you know your going to be making or possibly making significant losses you make cuts according wherever possible to make those losses less hurtable that’s man management
So other clubs are doing the ‘right’ thing. Well done them but I really couldn’t give a toss about them. All I’m interested in is our club still being around after all this and if that means making decisions that people don’t like then so be it. None of us know how long this will last. Most of don’t have a clue about running a small business let alone a multi million pound one. We could be bleeding money for all we know and the income tap has been turned off overnight so it is having an effect on us. And as far as the players go, the PFA are even telling them to stand firm and not accept any pay cuts. Only time will tell who did the right thing and the right thing for one club might not suit another. I think one thing is certain though, there will be some clubs going to the wall over this along with many other businesses, taking people with them along the way, spurs fans included. So in the scheme of things us furloughing 550 staff really isn’t the scandal some people are making it out to be.
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I actually don’t have an issue with furloughing employees. There is probably nothing for them to do at the mo...... but wait until the playing staff have done the same thing. TERRIBLE PR
Think you've hit a nail there morally I can see why people don't like it but in the interests of our club he's doing what he needs to do. Gonna take a wild swing and say that those complaining that he's doing this which in turn could potentially save us millions are the same ones who want him to spend big money on players in the summer - can't have it both ways.
I could turn this around though and say:
Gonna take a wild swing and say that those saying Levy is doing the right thing by letting the Government pay staff salaries are the ones who constantly cry about Tory cuts and there being no money for critical services - can't have it both ways.
As I said before, if we were having this conversation in a few months time my position might soften a bit. It's the fact we've dipped into taxpayers money so quickly.
We might need the money in the future but should only take what we need right now. If we absolutely need £1M a month right now then I stand by my comments about Levy mismanaging the business.
If we're taking the money because we MIGHT need it in future then that is the exact same thing as panic buying! The prudent thing for people to do is clear the shelves of pasta, tinned tomatoes, flour etc in case they MIGHT need it. They're legally allowed to do it. However, I think everyone agrees, people who do that are utter c***s and as they deprive others who DEFINITELY need it. This money has to come from somewhere so every penny we pocket now just in case we need it will deprive someone down the line of something they need.
You keep swinging away, one day you might actually hit something
so you would be willing to gamble with peoples jobs in the future rather than taking the safe way out now, because I can guarantee we will more likely be talking about this in 2 months. If we find out in 2 months that the season is null and void will you be okay with not being refunded for a quarter of your season ticket because we carried on paying 550 people wages when we could of prevented it.
actual fact don’t answer that, as your answer would be that ENIC are rich enough let them pay for it out of their own pocket