Vardy's V9 Academy Forced To Close

[ElusiveEd]

https://www.dailymail.co.uk/sport/football/article-7952539/Leicester-striker-Jamie-Vardys-academy-forced-close-2020-lack-cash.html

[fuchsntf]

10 minutes ago, ElusiveEd said:

https://www.dailymail.co.uk/sport/football/article-7952539/Leicester-striker-Jamie-Vardys-academy-forced-close-2020-lack-cash.html

Shame it was a Good idea....t

Disappointing  some other, Sponsors or players couldnt support it, that said with coaches,and facilities it wouldnt be low running costs..

[CUJimmy]

Bit of an implication in the article that cost is an issue.  Maybe once our new training centre is up and running it could move here.  We get first dibs on the talent though.

[ElusiveEd]

Always had a feeling, given as the owners/management was kept "In house" with it being Rebekah and his agent on the books., that it was a tax efficient way of keeping a sizeable chunk of his earnings within.

[CUJimmy]

5 minutes ago, ElusiveEd said:

Always had a feeling, given as the owners/management was kept "In house" with it being Rebekah and his agent on the books., that it was a tax efficient way of keeping a sizeable chunk of his earnings within.

Lots of professional sportspeople do similar things.  Golfers are a great example.

 

There will be tax advantages but I like to think most are doing it as a way to put something back into a sport that has been very good to them.

[ElusiveEd]

Just now, CUJimmy said:

Lots of professional sportspeople do similar things.  Golfers are a great example.

 

There will be tax advantages but I like to think most are doing it as a way to put something back into a sport that has been very good to them.

And there was me thinking the Vardashians were out for themselves. 

[CosbehFox]

5 hours ago, fuchsntf said:

Shame it was a Good idea....t

Disappointing  some other, Sponsors or players couldnt support it, that said with coaches,and facilities it wouldnt be low running costs..

It wasn’t. It was replicating the same thing which happens season after season but making it all go through one agent 

[adejo92]

Shame, there's some decent Sunday League kids out there for our No. 1 replacement. 

[Chrysalis]

Not long after the child was born this pops up. 

 

I kind of go with the tax reduction and funnelling players through agent idea.  If his heart was 100% in it and was no financial incentive I expect they would have found a way.

 

But also don't be surprised if a late investment happens following this story and the cancellation gets cancelled.