Know his 2 brothers... both sex mad... Eddie and poppy... They mate about with the reah twins from Wales... Gonna and dia....
Yeah aware of that and agree with what you have put (that’s why I used squad not money), you also have to throw in a signing on fee(if they can get one), which might counter any wages if they stay. Looking forward to this month as it should once and for all out the Owners intentions either way.
Are you suggesting that when clubs sell a player, if he hasn’t requested a transfer they still pay his wages?
Yes, they do. That's why actual transfer requests are relatively rare. Like I said though, that vast, vast majority of time the club and player will come to an agreement that is suitable for both club and player(I've been told that it is usually between 40% and 60% of the outstanding value). It's why you get some players seemingly moving clubs every 18 months or so, as they get a lump sum from their old club(eventually), a nice signing on fee from their new club and the wages from their new contract. I actually got told this while on holiday with a family member who is a pro and a number of his teammates. They said that a former Reds striker was well known in the game at being prolific at working "the system" and probably trebled his career earnings by doing this(manufacturing transfers without formally requesting a move)... edit: I should add, that apparently certain clubs do structure their contracts slightly differently and have a sort of "bonus" that is paid upon completion of a contract or upon a (non requested) transfer away. I'm not sure is the player would also be due his outstanding wages in addition to this. I'll ask next time I'm around my brother in law.
Correct, what would be happening is the club would have already spoken with say Pinillos and said look you’re not in our plans, let’s make an agreement to free you up to start looking etc, which is where you’re 40-60% kicks in.
Yep, that's the way I've been told it works most of the time. I actually only found out about this a few years ago, when my brother-in-law was out of favour at a club and wanted a move. Some clubs had made bids(one being Barnsley by all accounts) but where rejected, which he was really pissed off about. I naively asked why he didn't go to the chairman and demand to leave, in which he told me that would cost his a six-figure sum, although I didn't find out exactly why until the holiday we had the other year. I know it will sound crazy to some, and another example of money in football going mad. But we all(myself included) slag players off when they don't want to honour their contracts, but this is there to ensure there is also an incentive for the club to honour them too. An example they gave at the time was a young prospect who had signed for them for 5 years, on(I think)£5k a week. After a year, the club decided they had dropped a bollock and wanted him out, and told him he would rot in the reserves if he didn't leave(ruining a promising career). The trouble was, at this point, the biggest wage he could find was about £2k a week. If the club hadn't been forced to pay him the lions share of his outstanding contract, he's have lost £3k a week, through no fault of his own.
That doesn’t explain why a player moving to a club paying a higher wage, also gets a pay-off from their old club.
happy new year shed -- er we don't have such twins in Wales - all the Taffs are good clean living boys - I hope!
Why shouldn't he? As long as he hasn't asked to move, or manufactured a move in a dodgy manner(which is where the system is ****, in my opinion), he isn't the one who has broken the contract, hence he is due the full value(or whatever they agree).
many thanks for that, football is indeed a strange industry. I was aware if a player requested a transfer he wouldn’t get his 10% of the fee (or whatever % his contract said) I wasn’t aware they were entitled to weekly wages once sold unless the selling club agreed to cover a portion out of goodwill, as you explained to move a player on. I’m not sure any other industry contract would be similar.
No worries, mate! Like I say, I never realised this until actually sitting down to speak with a group of players myself. I don't think it's that they get paid weekly in addition to to their new club wage, though. From how I understand it, if they are on £5k a week, and have 2 years left to run, in theory, they will be due a lump sum payment from the old club of around £520k to cover the remaining wages "owed". Normally they club and player will agree to a settlement though of somewhere in the middle to wrap the matter up quickly. I agree though, it's a unique industry when it comes to finances. Just talking to a mate about this earlier, and he's said if you wanted to know any more detail tr and get your hands on one of the first few "Secret Footballer" books. Apparently it goes over these types of situations in there.
It's called a loyalty bonus and is an agreed figure set out in the contract they sign when joining. They'll receive it if sold without their request. It's not existing wages, it's a set fee. Pretty much like the set fee of compo when a manager is sacked.
I think the "loyalty bonus" is something different. The lads I spoke with specifically said they would forfeit the remainder of their contracted wages should they formally request a transfer, as opposed to negotiating a settlement of usually 40%-60% should a transfer be arranged without the request. Who knows, it may just be certain clubs who structure their contracts that was and It may just be a coincidence that all the player's clubs(I think they were spread across 4 at the time) all worked the same way. I rule anything out when it comes to football finances.
To be fair, the explanation I've offered is what a player once told me who retired the last decade, so you might be right. Either way, I wish I hadn't been awful at football!