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fleckneymike

Nice little earner for Nuge

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Posted

Just as he will be when it all goes tits up at QPR...

Saw a press conference with him at the start of the season where in the space of ten minutes he tried to distance himself from any financial dealings yet then proceeded to say what they paid for Remy and how much he thought was a reasonable amount for Newcastle to pay to take him on loan.

It won't though, will it?

They will continue to win every game 1-0 and then Harry will get the England job eventually

Posted

The figures in the upper echelons of football are like Monopoly money.

Literally, the bulk of them must wake up everyday and have to pinch themselves.

A note to the kids/lads who idolise these players... They are so far removed, financially, from Joe Public that it must be like living in another world to most of us.

Fair play, to be a top player demands natural ability and a major work ethic. These fellas are fit as fook. Apparently, on a par with the Royal Marines, for example. So I don't argue that they shouldn't be paid well. But these figures are, dare I say it, obscene?

Just a personal view.

 

They are obscene but it's not their fault. It is to an extent that they employ agents to do their negotiating but players wages have come as a result of the popularity of football and nothing more.

Posted

Just as he will be when it all goes tits up at QPR...

Saw a press conference with him at the start of the season where in the space of ten minutes he tried to distance himself from any financial dealings yet then proceeded to say what they paid for Remy and how much he thought was a reasonable amount for Newcastle to pay to take him on loan.

It won't though, will it?

They will continue to win every game 1-0 and then Harry will get the England job eventually

At least he wont be able to buy anyone

Posted

Anyone who is slagging David Nugent off doesn't have a ****ing clue. The outstanding debt owed to players was along the lines of £26 million and collectively they brought that figure down to around £7 million. Nugent is legally owed money, he's just become a father and for all you know he could have a career ending injury in training on Monday and that's him done. You want someone to blame for how much money is in football, players are at the bottom of that list. Supply and demand, if you were being offered that money to do your job, you would take it so don't be hypocritical.

Posted

As much as I love Nugent, he is an utter cunt for taking money (that he doesn't need) off a struggling club.

 

Not really, he signed a contract, he played the games, they didn't pay, they owe him money the fact he doesn't need it is irrelevant. I'm currently chasing up £1,000 I'm owed by a company that is struggling, but I worked hard and they have treated me badly by not paying me. I'm not going to be destitute if I don't get the money, but I earned it.

 

As for Nuge, I would respect him if he said "keep it, you need it more than me", but he probably has very little dealings with money, he will have an agent and an accountant sorting all the money out for him, and they aren't going to say keep the 143k, as the agent will take a cut of that and the accountant would be a shit one if he didn't chase the money. Not going to call him a cvnt for wanting money he is owed and he has accepted their payment plan which is obviously not ideal for him, and you don't know how much money was lost as part of the administration process.

Posted

For me it is completely relevant that he doesn't need the money. Not legally, but morally yes.

 

Nuge is raking in the average annual wage every two weeks don't forget.

 

How do you know he doesn't need the money? People live within their means, he has higher expenditures to reflect his higher wages.

Posted

How do you know he doesn't need the money? People live within their means, he has higher expenditures to reflect his higher wages.

He could always sell a range rover if he was ever struggling?

Posted

I do see that but the club (not these owners in fairness) lived so far beyond their means it's untrue. The players were offered this money and haven't been paid it. Just a shame the current regime has to pick up the bill.

 

Absolute joke how some clubs have been run.

Thinking you could get a few laughs out of how we have been run.

Praps a good job FFP has come in to stop us doing the same.

Posted

While the players are of course entitled to this money, wouldn't it be better for all parties to defer the payments for a few years, let Portsmouth flourish under a sound ownership model and get this money when the club gets back to the Championship. Squeezing a League 2 club like this is likely to result in another stint in administration, another points deduction and, at best, another season in League 2, at worst, relegation from the Football League. I'm guessing there would be more than a few missed payments if that scenario plays out.

Posted

Players walking away from the money would be ridiculous. They signed a contract and it is not up to them to take the hit for poor management of a club.

In addition, with the current economic climate of very low interest rates, many of the players, even with the sums involved will need the money after their retirement.

Guest Col city fan
Posted

Thinking you could get a few laughs out of how we have been run.

Praps a good job FFP has come in to stop us doing the same.

I was thinking exactly the same thing buddy..

:thumbup:

FFP in its own way has probably stopped the club getting into even more debt. I'd far rather see the club run how it is now than how it was under Sven.

Posted

Usually when a player transfers to a club they have a couple of choices, if Club A offers more in wages than club B to entice a player there. The they cannot afford the player I have no sympathy with the club.

If Nugent had gone somewhere else he may have earnt less per week initially but that would have added up to a lot more than what he has got out of Pompey.

One day clubs will learn to live wothin their means and not hire Harry Potter

Posted

Anyone who is slagging David Nugent off doesn't have a ****ing clue. The outstanding debt owed to players was along the lines of £26 million and collectively they brought that figure down to around £7 million. Nugent is legally owed money, he's just become a father and for all you know he could have a career ending injury in training on Monday and that's him done. You want someone to blame for how much money is in football, players are at the bottom of that list. Supply and demand, if you were being offered that money to do your job, you would take it so don't be hypocritical.

Players are at the bottom of the list in terms of money in football? How do you work that one out? Maybe the guys at the lower end of the league might be, but our boys are doing ok. Just look at the car park on match day. And as for career threatening injury, they re well taken care of with insurance to cover their losses.

I agree they should be compensated for their losses in terms contracts lost thru liquidation, but if when they go onto another pro contract the should automatically stop receiving from the original club, in the same way they would if they were sold.

Posted

Players are at the bottom of the list in terms of money in football? How do you work that one out? Maybe the guys at the lower end of the league might be, but our boys are doing ok. Just look at the car park on match day. And as for career threatening injury, they re well taken care of with insurance to cover their losses.

I agree they should be compensated for their losses in terms contracts lost thru liquidation, but if when they go onto another pro contract the should automatically stop receiving from the original club, in the same way they would if they were sold.

Agree entirely.

Nugent's contract expired at Pompey. They didn't get a penny out of him in transfer fees. He sat out his contract and took up a huge deal with us instead.

As somebody else has suggested, some sort of deferral until Nugent retires or Pompey reach the Championship might be more appropriate. Nugent is owed that money, both legally and morally, and he has a right to it. But it doesn't seem right that the genuinely exciting attempts to re-ignite that club are being hampered by these back payments at the moment.

Posted

Players are at the bottom of the list in terms of money in football? How do you work that one out? Maybe the guys at the lower end of the league might be, but our boys are doing ok. Just look at the car park on match day. And as for career threatening injury, they re well taken care of with insurance to cover their losses.

I agree they should be compensated for their losses in terms contracts lost thru liquidation, but if when they go onto another pro contract the should automatically stop receiving from the original club, in the same way they would if they were sold.

He meant they are at the bottom of the list on who to blame

Posted

I was thinking exactly the same thing buddy..

:thumbup:

FFP in its own way has probably stopped the club getting into even more debt. I'd far rather see the club run how it is now than how it was under Sven.

I thought FFP was dreampt up to stop the pompey type business model.

The same model our owners seem to have had the blue prints for.

 

Never have and never will buy into our owners.

They are not here for the club at all just themselves and what they can make.

King Power Shite all over instead of propper sponsors and at what price?

Posted

in terms of bankruptcy law you have a pecking order - secured bond holders, unsecured bonds holders then other creditors.  Players should rank pretty lowly in an actual liquidation.  It all depends on whether you are bought by new owners in administration or are liquidated.   If you are liquidated the old club literally doesn't exist and the contracts are terminated.

 

Presumably the new owners agreed to all the prospective pay-outs when they bought the club.

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