Furloughing staff

tototoner

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PR disaster tbh. You can’t furlough staff, whilst continuing to pay players and directors millions. Absolute joke decision.
Simon Jordan said earlier that the main reason we are doing it is to put pressure on the players to free up cash to help the non-playing staff.

Not sure i buy that but that was his argument
 

Shadydan

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Simon Jordan said earlier that the main reason we are doing it is to put pressure on the players to free up cash to help the non-playing staff.

Not sure i buy that but that was his argument
Daniel Levy pretty much insinuated that in his comments.

Player's don't want to help the playing staff seeing as the owner is worth over £6B, he really ought to put his hand in his pocket tbh.
 

Yid-ol

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Daniel Levy pretty much insinuated that in his comments.

Player's don't want to help the playing staff seeing as the owner is worth over £6B, he really ought to put his hand in his pocket tbh.
But with FFP can he just pay the wages? I would see that as money being pumped into the club and needs to come from income within the club.

They should just tell everyone at the club is getting a 20% decrease in wages to make it fair, but I know it's harder with players and not a proper PAYE contract.
 

Yid-ol

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Are the same people now having the same argument on the same subject in 8 different threads now?
Fuck, I'm only in 6 of them, where are the other 2 so I can participate! :cautious:

Probably overlapping in the ENIC thread and PL season being suspended I guess? Can't see anywhere else.
 

Shadydan

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But with FFP can he just pay the wages? I would see that as money being pumped into the club and needs to come from income within the club.

They should just tell everyone at the club is getting a 20% decrease in wages to make it fair, but I know it's harder with players and not a proper PAYE contract.
Not sure £2-3m would put us in danger of breaking any FFP rules tbh
 

SpunkyBackpack

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Fuck, I'm only in 6 of them, where are the other 2 so I can participate! :cautious:

Probably overlapping in the ENIC thread and PL season being suspended I guess? Can't see anywhere else.
Opposition fans, Corona, Have you missed football, Red Dead Redemption 2, Cookery and probably Username changes
 

Yid-ol

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Not sure £2-3m would put us in danger of breaking any FFP rules tbh
But I thought they couldn't just put money into the club? And that's why city have been done, as they were doing it via paying sponsors to the pay more to them than agreed?

I might be wrong as trying to find something about this just now to say one way or the other.
 

Yid-ol

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Opposition fans, Corona, Have you missed football, Red Dead Redemption 2, Cookery and probably Username changes
How the fuck did red dead redemption 2, cookery and username change get onto that...second thoughts, I don't want to know :LOL: :cautious:
 

tobi

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It doesn't bother me and it doesn't change my opinion about the club.
 

MK Yid

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But I thought they couldn't just put money into the club? And that's why city have been done, as they were doing it via paying sponsors to the pay more to them than agreed?

I might be wrong as trying to find something about this just now to say one way or the other.
Of course the owners can put money into the club whenever they want.
It is just that money does not count towards FFP (it is not a P&L transaction)
However from an FFP point of view, it is calculated over 3 years, stadium costs, youth development etc. are added back, players costs are amortised etc.
We could have losses of half a billion this year and still be within FFP.
They could choose to fund the wages, with no FFP restrictions whatsoever. (and I think lost income due to this virus, will be an allowable deduction for FFP anyway, UEFA will adjust the rules for that), it is just that our club put profits before employees, and its "customers"
There was no need for any staff to take a 20% reduction, all that is doing is giving more long term to the shareholders, taking money away from the country and taking money away from the individuals.
The business is not under any threat of going under.
 
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Bobbins

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Yeah this is annoying, why do we have a whole new thread outside the existing ENIC thread for this?
 

Rocksuperstar

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I'm furloughed as of 5pm Thursday, but I said I would only accept it if we could call it something else as the word has, easily, jumped into third spot of "worst words in the English language" imo.

I hit the thesaurus and found "Fired" and "Freed" as the top two options, neither of which seemed like they would go down well in a meeting, so I settled with using a similar but different word each time I refer to it. Glancing back at my inbox this week, so far it's been; formula, furrowed, flowered, fluoride and fancypantsed - nobody has corrected me, even once.
 

SpunkyBackpack

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I'm furloughed as of 5pm Thursday, but I said I would only accept it if we could call it something else as the word has, easily, jumped into third spot of "worst words in the English language" imo.

I hit the thesaurus and found "Fired" and "Freed" as the top two options, neither of which seemed like they would go down well in a meeting, so I settled with using a similar but different word each time I refer to it. Glancing back at my inbox this week, so far it's been; formula, furrowed, flowered, fluoride and fancypantsed - nobody has corrected me, even once.
You've been fancypantsing for years now, that's not a new thing.
 
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