Three Words.
Harry Bleedin' Redknapp
Spurs MASSIVE profits indicate he is not the problem
Three Words.
Harry Bleedin' Redknapp
Spurs MASSIVE profits indicate he is not the problem
I was kidding. In response to the previous comments.
However, I do think that some blame can be apportioned to him in the cases of West Ham, Portsmouth and Southampton. He might not control the purse strings, but he should be asking questions of what he can afford and spend wisely.
I was kidding. In response to the previous comments.
However, I do think that some blame can be apportioned to him in the cases of West Ham, Portsmouth and Southampton. He might not control the purse strings, but he should be asking questions of what he can afford and spend wisely.
Administrator can't cancel contracts - they are a legally binding agreement. Only way to get out of them is to (partially) pay them up, persuade the person with the contract to go or for the entity which made thr agreement to cease to exist.
It looks like the only place they can make real savings, as the club don't even appear to own the ground, is by cutting staff wages. That isn't as easy as it sounds, employment law would surely require contracts to be paid up or redundancy payments to be made...the figure quoted is that they have 600 members of staff, which does seem a lot to me.
I assume that figure of 600 staff would include alot of part time staff that they need to have on matchdays such as programme sellers, caterers, ticket turnstile operators, etc so it would be hard to get rid of them all.
Others in that 600 staff figure might include those in their youth set up/ academies, either coaching or young prospects for the future as well as their reserves or Ladies teams. Other clubs in trouble in the past have often abandoned these areas as cost cutting exercises. - possibly some of the first cost saving cuts that will be made? and how many more young English players may quit the game because of this?
I assume that figure of 600 staff would include alot of part time staff that they need to have on matchdays such as programme sellers, caterers, ticket turnstile operators, etc so it would be hard to get rid of them all.
Others in that 600 staff figure might include those in their youth set up/ academies, either coaching or young prospects for the future as well as their reserves or Ladies teams.
Portsmouth on brink of new takeover - Telegraph
I don't understand why anyone would want to even consider touching Portsmouth with a rotten barge pole.
Speaking about the expected nine-point deduction for entering administration, Mr Androniko said: "Yes, it is a Premier League rule but that rule has never been tested, and that's what I will do."
If a player can give notice and leave a club before his contract has run its course (like Sol Campbell at Notts County and due to employment law allowing this) can't the clubs also give players a period of notice and get rid of them in that way rather than having to pay up the entire contract or reach a compromise compensation payment?
If a player can give notice and leave a club before his contract has run its course (like Sol Campbell at Notts County and due to employment law allowing this) can't the clubs also give players a period of notice and get rid of them in that way rather than having to pay up the entire contract or reach a compromise compensation payment?