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Post Info TOPIC: How to bankrupt a football club..


Club Legend

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How to bankrupt a football club..
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Just start paying these sort of wages and hope you have got the money to do so...Good luck to H&W and pity the players who have already signed for less

 

http://www.portsmouth.co.uk/sport/football/non-league-football/hawks-targeting-proven-quality-and-experience-1-3891849



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Good lord, that much !! Mind you, they should have the money from the Liverpool game of a few years back ... can't see how they would have blown the best part of £300-500,000 in the meantime ... makes it all the more surprising they have been in the bottom half three years running.

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We may not have all the money BUT we have something money can't buy.....Team Ethic......They WANT to play as a team rather than a bunch of overpaid individuals!!

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Agreed ... that will win through 90% of the time.

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Kevin wrote:

Good lord, that much !! Mind you, they should have the money from the Liverpool game of a few years back ... can't see how they would have blown the best part of £300-500,000 in the meantime ... makes it all the more surprising they have been in the bottom half three years running.


 Since Liverpool, they have done a lot of work on their ground and infra-structure rather than blowing it on excessive wages. However it appears that there is a new money man who wants to blow his dough on giving players silly money. Expect to see plenty of football mercenaries heading there!! 

 



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First X1 Player

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up to £1000 p/w for a striker in Conf South? .. sure the players getting £300 p/w in the team will love that

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£1,000 a week?!

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troll catcher

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grays, hornchurch, weymouth, fisher

weve been here seen this before. gotta feel sorry for the fans, good chance of success but toss of a coin if the club has to start again in 2 or 3 years time based on previous shiiiit or bust attempts.

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There are so many others who have done it. Some have even had medium term success but have ended in strife (Rushden and Diamonds being a prime example). Crawley and Fleetwood are 'living the dream' at present, but have they got the infeastructure to maintain it if their backers pull out?

Havant (and Eastleigh) should be in the mix next season however I would think that out of the seven clubs who were in with a realistic promotion chance (either automatic or via play-offs) in the season just gone, our budget was the lowest. 

We have lost two key players to Woking, and an excellent goalkeeper. However Jamie Day and his management team have the ability to find good players, get the best out of them, and install a good team spirit so I'm not too worried about clubs who may try to buy the league.



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' We have lost two key players to Woking, and an excellent goalkeeper. However Jamie Day and his management team have the ability to find good players, get the best out of them, and install a good team spirit so I'm not too worried about clubs who may try to buy the league. '

Excellent comment Mark and so true.  Do you think that Welling might be able to ' buy the League ' one of these days? wink biggrin biggrin





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I wouldnt want to.....I think its great when the teams that think we are LITTLE Welling get beaten by us.........

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I have always said "there is little satisfaction in buying success, but a terrific amount when you achieve it through your own efforts".

My trust is in Jamie Day, Barry Ashby, Dean Frost, Stacey Beckham and Dave Lawson, who IMO are one of the best management teams around.

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First X1 Player

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Eric Brackstone wrote:

I have always said "there is little satisfaction in buying success, but a terrific amount when you achieve it through your own efforts".

My trust is in Jamie Day, Barry Ashby, Dean Frost, Stacey Beckham and Dave Lawson, who IMO are one of the best management teams around.


 I quite agree Eric, my only fear is..............

If we do acheive any think like the success we had last season will we be able to keep Daisy et al. Another season of success could easily see a league club coming in for them.



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Baz at the Bar wrote:
Eric Brackstone wrote:

I have always said "there is little satisfaction in buying success, but a terrific amount when you achieve it through your own efforts".

My trust is in Jamie Day, Barry Ashby, Dean Frost, Stacey Beckham and Dave Lawson, who IMO are one of the best management teams around.


 I quite agree Eric, my only fear is..............

If we do acheive any think like the success we had last season will we be able to keep Daisy et al. Another season of success could easily see a league club coming in for them.


 Won't that always be the case?  We have quality players and quality management and are over-achieving massively when finishing high up the table.

The fact is, Welling United is a club in debt and needs ro resolve that before spending the money on budget that should be used on reducing them.

I would prefer to never go up rather than to go into a CVA whereby decent people don't get their money back.

Dover and Farnborough, amongst others, should not have been allowed to do what they have done and the fact that Hornchurch are now back makes me want to vomit.



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If I was prepared to pay £1000 a week at this level (which is unrealisitic) the last thing I would do is shout from the rooftops. Will have all the wrong types trying to get in there.

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If you read the Non League Paper today, you will see a player drop them right in the doo doo. Think Boston United etc etc.

Could be a big points deduction and fine for them.

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JgFc wrote:

If you read the Non League Paper today, you will see a player drop them right in the doo doo. Think Boston United etc etc.

Could be a big points deduction and fine for them.


 Why have they done it this way? Why not just pay him £425 a week and pay him a signing on fee with bonuses and put it through the books rather than hide some of the payments in 'sponsorship'? They have said they are willing to pay ridiculous sums, why do it in an underhand manner?



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JgFc wrote:

If you read the Non League Paper today, you will see a player drop them right in the doo doo. Think Boston United etc etc.

Could be a big points deduction and fine for them.


Pride comes before a fall

Bragging about being able to spend £1k p/w on a striker and about £450 p/w+ for other players at this level was always going to backfire. Let's be realistic here , their supporters would not cover wages through the gates even including local business sponsorship etc. Never in a million years in that's what they are offering.

The piece in the NLP was no great surprise that dirty employment tactics were being applied at that club.

I agree with Danson Mark .. I'd rather not go up then go into CVA and face humiliation and / or extinction.



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Club Captain

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What was the title of the article? I have been "trawling" through the links and can;t find it.

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rwfaz wrote:

What was the title of the article? I have been "trawling" through the links and can;t find it.


 It's front page headlines in the 3rd June issue of the NLP. Tom Davis is the player concerned (Carshalton Athletic mid-fielder) who has stated the facts of the 'illegal payments' offered to him in return for signing for Havant & W.

The NLP states that they have seen documents from the club to Davis offering the 'payments' in writing. Is that asking for trouble or not???

I think so!!! Evidently they are tempting the player with a four-figure signing on fee, a family holiday every year, and private medical insurance. They also say that he will be paid an additional £200, on top of his official £250 wages, paid into a bank account of his choice. Deep poop around the corner I reckon.



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Danson Mark wrote:
JgFc wrote:

If you read the Non League Paper today, you will see a player drop them right in the doo doo. Think Boston United etc etc.

Could be a big points deduction and fine for them.


 Why have they done it this way? Why not just pay him £425 a week and pay him a signing on fee with bonuses and put it through the books rather than hide some of the payments in 'sponsorship'? They have said they are willing to pay ridiculous sums, why do it in an underhand manner?


The article states that all the 'extras' would be paid direct by Fallon's company and not the club. So if he spits his dummy (again) and pulls out his money (again) the club is only liable for £225?

Given Boston were allowed to keep their promotion to the FL and were deducted only four points can you really see Havant getting anything more than a slap on the wrists and a meagre fine? Which would be a real kick in the teeth to us, Farnborough et al who lost five points for non-disclosure of debts.



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The vice-chairmans reply in their local newspaper

 

http://www.portsmouth.co.uk/sport/football/non-league-football/hawks-chief-hits-back-at-illegal-payment-claim-1-3915419



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