Harry Souttar

[Reynaldo]

3 minutes ago, Pita said:

Leaving it to Rudkin has cost Top millions of pounds. Top is blind if he can’t see that we all can 

It’s probably in the hundreds of millions if you look at what we’ve done since Vichai died. 
 

Imagine that in any other industry, costing your boss hundreds of millions of pounds, yet still keeping your job 

[FoxinNotts]

2 hours ago, jonny_wright said:

Was talking to one of his team last weekend, Leicester cannot afford to keep him, he doesn’t have a relegation clause in his contract and will join Sheffield United in the coming weeks for a fee in the region of £3m - we aren’t in a position to negotiate for more as they know under no circumstances can he stay at Leicester due to his wages 

We are in a position to negotiate, as there is still a contract in place between two parties.

We have to negotiate to the book value.

If that agreement can't be reached, he stays, and we pay his wages (at the ridiculously high level)

We won't go into admin based upon the Souttar details/deal alone. The risk will be balanced over all the outs and ins to happen over the pre-season. Hard work for LCFC ahead this summer.

Edited 3 hours ago by FoxinNotts

[jonny_wright]

14 minutes ago, Stavros81 said:

Not having a relegation clause in his contract 😂 Does it surprise me? No! Those 2 are slowly destroying the existence of our football club. 

I’d imagine only the players signed after the first relegation would have a league 1 wage reduction clause, hazard a guess Souttar and VK don’t 

[jonny_wright]

2 minutes ago, FoxinNotts said:

We are in a position to negotiate, as there is still a contract in place between two parties.

We have to negotiate to the book value.

If that agreement can't be reached, he stays, and we pay his wages (at the ridiculously high level)

We won't go into admin based upon the Souttar details/deal alone. The risk will be balanced over all the outs and ins to happen over the pre-season. Hard work for LCFC ahead this summer.

I said to him, do you think we can get £5m, he said no chance! United looking to pay half that 

[HankMarvin]

Doesn’t make sense anyway, long term contract (3 plus years) signed before 2025 are subject to exemptions from SCMP in league one if the club has just been relegated from the championship 

Edited 2 hours ago by HankMarvin

[Claudio Fannieri]

15 minutes ago, jonny_wright said:

I said to him, do you think we can get £5m, he said no chance! United looking to pay half that 

Our only hope is he stays fit and has a decent World Cup and attracts interest from elsewhere and drives the price up to already offset any outstanding book value and interested parties cover his full wage. 

[FoxinNotts]

14 minutes ago, jonny_wright said:

I said to him, do you think we can get £5m, he said no chance! United looking to pay half that 

Thing is though mate, I don't know who on Souttars team you're talking to, but if the buyer (Sheff Utd for example) isn't willing to meet what we need (ie bare minimum) he won't be sold.

 

It's a balance to be met across all out goings this pre season. If we can get a couple of million over on another deal, then we could accept a couple under on the Souttar deal.

[Finnegan]

2 hours ago, ClaphamFox said:

A £3m fee would mean letting go of our best centre half for a PSR loss. If he genuinely does not have a relegation clause then it may have to be done, but that one would sting. 

 

2 hours ago, Les-TA-Jon said:

Currently got a book value of approx £5.5m - so a nice £2.5m loss for Topkin...

 

The book value loss in year doesn't really matter in the same way this year.

 

Buying a player for £15m, getting almost no play time out of him and selling him for £3m is all round terrible, mind.

 

[ClaphamFox]

5 minutes ago, Finnegan said:

 

 

The book value loss in year doesn't really matter in the same way this year.

 

Buying a player for £15m, getting almost no play time out of him and selling him for £3m is all round terrible, mind.

 

Presumably it would matter if we sold him before June 30 as we'll still be operating under PSR until then? If we sold him from July 1 onwards, it wouldn't matter as much apart from, as you say, being terrible business.

[JimJams]

Doubt Sheffield Utd wouldn't go higher than £3mill.  And I doubt we'd have a figure ready on him before he's even gone to the World cup where bang average players can get big moves from a few decent showings.  We've not even appointed a gaffer yet, do we really think they've sorted out the fees on a transfer for a player they probably forgot exists?

 

 

 

And while we're on the subject, announce Harry Souttar, player manager LCFC 26/27.

Edited 2 hours ago by JimJams

[hackneyfox]

2 hours ago, jonny_wright said:

He’s currently earning £37,500 a week, which won’t drop in league 1, he didn’t know anything about other players, but he did say Rudkin was an unreasonable person to deal with, lots of players are extremely unhappy at being kept at the club against their wishes, and the said one of 2 things will happen in the coming seasons, either Rudkin goes or we enter administration- he said Top will be ultimately left with no choice. 

I very much doubt Sheff U will be matching that.

How does a player know whether or not we may enter administration, I seriously doubt they have anymore idea of the financial setup than we do.

[HoustonFox]

Why would we have to sell him so quickly for that amount? Wouldn’t we want to see if he gets in the World Cup squad, maybe does ok and then has another couple of people after him? Just because he was at Sheff U before, doesn’t meant they are only team he goes to and we have to accept their bid 

[hackneyfox]

1 hour ago, st albans fox said:

 

Interesting 

I remember a Percy article from that period which specifically stated that souttar and VK were the only players with effective relegation clauses (like 50% drop) because they were signed when we were clearly in relegation trouble.  I suppose it could be that they were given 37.5k/week deals on the basis that we could be relegated and those would be increased if we survived. 

 

and if 37.5k/week is unsustainable next season then we will only have the kids and have to sell everyone else! 

 

1 hour ago, st albans fox said:

Don’t understand this

rudkin being here isn’t the reason why we’d enter administration - him leaving doesn’t suddenly cast a rainbow across our finances

 

he’s a big reason why we’re in this mess but his departure isn’t a magic wand!  
 

the only way it makes sense is If there are investors who are refusing to put their money in unless he leaves. 

 

Let's be honest who actually knows what is happening with contracts/salaries/possible admin.

 

Somoene posts their thoughts, the next perSOn mentions that post and then IT'S A FACT!!!

 

Those I'm more inclined to believe (but not 100%) say that we haven't spoken to Russel Martin but how many times is being repeated that we have been in advance talks with him.

 

Think it's probably best for your/my mental health to stay off here until something actually happens and it's worth discussing, until then it's all bollocks interspersed with accusations of being a KPFC fan.

[kenny]

2 hours ago, st albans fox said:

 

Interesting 

I remember a Percy article from that period which specifically stated that souttar and VK were the only players with effective relegation clauses (like 50% drop) because they were signed when we were clearly in relegation trouble.  I suppose it could be that they were given 37.5k/week deals on the basis that we could be relegated and those would be increased if we survived. 

 

and if 37.5k/week is unsustainable next season then we will only have the kids and have to sell everyone else! 

Or we included relegation from the prem but not the championship as well.

[LCFCJohn]

1 hour ago, jonny_wright said:

I’d imagine only the players signed after the first relegation would have a league 1 wage reduction clause, hazard a guess Souttar and VK don’t 

 

12 minutes ago, kenny said:

Or we included relegation from the prem but not the championship as well.

I have no idea what is in players contracts obviously. But this comes up a lot.

 

It would just surprise me if it was so specifically a relegation wage reduction in event of relegation to x league rather than relegation generally. It is not unheard of for clubs to drop twice in a row or quick enough succession that would cover the duration of a players contract.

 

I just really would have expected it to be a case of, and using made up numbers for ease, but £80k p/w, 25% reduction on relegation so £60k p/w when relegated from the PL then further 25% down to £45k p/w…

[Les-TA-Jon]

55 minutes ago, Finnegan said:

The book value loss in year doesn't really matter in the same way this year.

 

Buying a player for £15m, getting almost no play time out of him and selling him for £3m is all round terrible, mind.

 

I'm not sure the new spending rules mean clubs can ignore book values. The new rules are about player costs vs player income, equity injection and % of turnover. 

 

There's some debate as to whether book value losses count as a player cost or not. 

[moore_94]

27 minutes ago, kenny said:

Or we included relegation from the prem but not the championship as well.

I am sure it was said somewhere that everyone again has relegation clauses for League One as well

 

They are just standard in contracts, even Spurs players had them

[ACF]

People are still talking about “if he gets into the World Cup squad”

 

He will be starting for the Socceroos. He will be the best CB in a group they can finish top 2 in. He will add value to that £3m valuation immediately. 

[Broof]

1 hour ago, FoxinNotts said:

Thing is though mate, I don't know who on Souttars team you're talking to, but if the buyer (Sheff Utd for example) isn't willing to meet what we need (ie bare minimum) he won't be sold.

 

It's a balance to be met across all out goings this pre season. If we can get a couple of million over on another deal, then we could accept a couple under on the Souttar deal.

The problem we have is that all deals have to run through one man who does not know what he's doing. The first deal we make will be millions under* with the idea that we can make it up later, with no real idea where. They'll then move on to the next player with a similar attitude. All of a sudden we need to sell Souttar for £10m and we're ****ed in every direction. What do they do then? 

 

*like Monga for £10m with no sell on clause

[lookwhaticando]

3 hours ago, jonny_wright said:

lots of players are extremely unhappy at being kept at the club against their wishes

Some of those ***** are being kept at the club against OUR wishes. 

[Tommy Fresh]

2 hours ago, jonny_wright said:

I said to him, do you think we can get £5m, he said no chance! United looking to pay half that 

Some good people around him then, telling people this amount of detail 

[Tommy Fresh]

1 hour ago, kenny said:

Or we included relegation from the prem but not the championship as well.

Surely they'd just say x amount decrease upon relegation