Let me spin it this way.......On the bright side Roland does not get any money for him..
I thought exactly the same the more cash he looses the better!!
Perhaps Katrien Meire will finally get the fucking sack after losing EUR 3,000,000 of skinflint Duchatelet's money. Awesome contract negotiations Kat, you drooling halfwit!
You do not think for one minute RD allowed KM to negotiate a contract worth 3m euros without consulting him do you?
Well, its supposed to be the the one job that she actually does. If not, she is even more pointless than I could have imagined.
Tbf I doubt anyone would have been prepared to stump up much for him but the fact KM rubber stamped this contract is just further proof she's not fit for purpose.
True or not Igor has been just like Roland and the Puppet a let down and all smoking mirrors---- probably break his finger signing a new contract for someone else
If he had a 3 year deal, then with 1 year left this summer his value would be far less than what we paid for him, especially with the way he's played since the injury
I'm still holding out hope that this is just incorrect.
However, if it is true, I'm imagining Igor's agent raised the idea of a relegation release clause and Katrien, being a thick lawyer with absolutely no knowledge of how football works got confused and put it in as zero. Alternatively she stuck it in there as a way of sweetening Igor on joining the club, because as we know, they don't plan for relegation. 'What's this clause here Katrien?' 'It doesn't matter, because teams literally never get relegated. It will never, ever come up.'
On the plus side I imagine Roly will shit a lung when he realises what's happened. Fingers crossed eh
Makes a bit more sense now trying to loan him out to Bolton eariler in the season. She probably thought cash in now, though the daft bint failed to remember that Bolton didn't have a pot to pee in.
If he had a 3 year deal, then with 1 year left this summer his value would be far less than what we paid for him, especially with the way he's played since the injury
It's a FIVE year deal to 2019. I suspect Charlton will be delighted to get him off the wage bill, but if this report is accurate it's effectively an incentive for failure.
More generally I suspect agents have been running rings round Meire.
Let me spin it this way.......On the bright side Roland does not get any money for him..
It's just more debt for the club that we can't recoup. This 3 million euros is what Katrien would deem as "investment" in the club but in reality it's a further 3 million euros we owe him (plus interest).
At the very least this is the sort of thing that drives us the asking price for the club.
He can load up the debt as much as he wants no one in their right mind is going to pay anywhere near the £38m he purportedly wants, so the level of write off is getting bigger all the time.
But its still debt owed by 'us' to him - he could pull the plug and sell all assets to recoup his debt. Shocking.
Let's be fair, he's been shit and stealing a living since his first dozen games for us. He deserves more abuse than what Makienok actually endures. Just another who didn't give a shit about the shirt
Let me spin it this way.......On the bright side Roland does not get any money for him..
It's just more debt for the club that we can't recoup. This 3 million euros is what Katrien would deem as "investment" in the club but in reality it's a further 3 million euros we owe him (plus interest).
At the very least this is the sort of thing that drives us the asking price for the club.
He can load up the debt as much as he wants no one in their right mind is going to pay anywhere near the £38m he purportedly wants, so the level of write off is getting bigger all the time.
But its still debt owed by 'us' to him - he could pull the plug and sell all assets to recoup his debt. Shocking.
He really can't, because they aren't worth half of that and he has to pay the old board £7m first.
Maybe he can move with his wife and new kid to Belgium and play for stvv or to Ujpest.
It's a shame though because I remember his first few games before his first injury and he was dynamite.
The same sort of expectation you got when Lookman got the ball in his first few starts.
But 18 months of non performance through repeatedly mismanaged injuries, and time for decently prepared teams to work him out have taken their toll.
Whether he can become the same or better player than he was then is very questionable as is whether he would be good against the cluggers and refs in league 1.
I may take him as a reserve striker into my virtual championship club but I'd pay around £200k I think.
Too broken and not sufficiently focussed to pay more.
Let me spin it this way.......On the bright side Roland does not get any money for him..
It's just more debt for the club that we can't recoup. This 3 million euros is what Katrien would deem as "investment" in the club but in reality it's a further 3 million euros we owe him (plus interest).
At the very least this is the sort of thing that drives us the asking price for the club.
He can load up the debt as much as he wants no one in their right mind is going to pay anywhere near the £38m he purportedly wants, so the level of write off is getting bigger all the time.
But its still debt owed by 'us' to him - he could pull the plug and sell all assets to recoup his debt. Shocking.
He really can't, because they aren't worth half of that and he has to pay the old board £7m first.
I thought the £7m was only due on promotion to the premier league.
Let me spin it this way.......On the bright side Roland does not get any money for him..
It's just more debt for the club that we can't recoup. This 3 million euros is what Katrien would deem as "investment" in the club but in reality it's a further 3 million euros we owe him (plus interest).
At the very least this is the sort of thing that drives us the asking price for the club.
He can load up the debt as much as he wants no one in their right mind is going to pay anywhere near the £38m he purportedly wants, so the level of write off is getting bigger all the time.
But its still debt owed by 'us' to him - he could pull the plug and sell all assets to recoup his debt. Shocking.
He really can't, because they aren't worth half of that and he has to pay the old board £7m first.
I thought the £7m was only due on promotion to the premier league.
Fixed charge on the assets, like a mortgage on a house. They get the first £7m if sold.
That will be a couple of million off the asking price for the club then ? How much money have they wasted ?
Charlton paying 3% interest on the Vetekele transfer, for a player who is going to walk away for free. How about reducing that from the 58 million debt owed ?
Let me spin it this way.......On the bright side Roland does not get any money for him..
It's just more debt for the club that we can't recoup. This 3 million euros is what Katrien would deem as "investment" in the club but in reality it's a further 3 million euros we owe him (plus interest).
At the very least this is the sort of thing that drives us the asking price for the club.
He can load up the debt as much as he wants no one in their right mind is going to pay anywhere near the £38m he purportedly wants, so the level of write off is getting bigger all the time.
But its still debt owed by 'us' to him - he could pull the plug and sell all assets to recoup his debt. Shocking.
He really can't, because they aren't worth half of that and he has to pay the old board £7m first.
I thought the £7m was only due on promotion to the premier league.
Fixed charge on the assets, like a mortgage on a house. They get the first £7m if sold.
In which case, should this not have been paid off when Roland bought the club?
Let me spin it this way.......On the bright side Roland does not get any money for him..
It's just more debt for the club that we can't recoup. This 3 million euros is what Katrien would deem as "investment" in the club but in reality it's a further 3 million euros we owe him (plus interest).
At the very least this is the sort of thing that drives us the asking price for the club.
He can load up the debt as much as he wants no one in their right mind is going to pay anywhere near the £38m he purportedly wants, so the level of write off is getting bigger all the time.
But its still debt owed by 'us' to him - he could pull the plug and sell all assets to recoup his debt. Shocking.
How can he sell all assets if the former directors have a charge over the Land and buildings? Somone the another day drew a good analogy with a game of poker and that is exactly what we have here, Douchbag is fast approaching the point when he decides to fold rather than keep funding a lost cause.
Furthermore It has been said many times that the club is worth more as a going concern than it being run down and wound up.
Comments
Would imagine a number of players have relegation clauses allowing them to talk to other clubs but allowing them to leave for free? That's crazy.
So probably right.
If it wasn't so tragic it would be funny
Frees up valuable wages to give Sarr a well deserved pay rise.
However, if it is true, I'm imagining Igor's agent raised the idea of a relegation release clause and Katrien, being a thick lawyer with absolutely no knowledge of how football works got confused and put it in as zero. Alternatively she stuck it in there as a way of sweetening Igor on joining the club, because as we know, they don't plan for relegation. 'What's this clause here Katrien?' 'It doesn't matter, because teams literally never get relegated. It will never, ever come up.'
On the plus side I imagine Roly will shit a lung when he realises what's happened. Fingers crossed eh
More generally I suspect agents have been running rings round Meire.
Shocking.
Shocking!
It's a shame though because I remember his first few games before his first injury and he was dynamite.
The same sort of expectation you got when Lookman got the ball in his first few starts.
But 18 months of non performance through repeatedly mismanaged injuries, and time for decently prepared teams to work him out have taken their toll.
Whether he can become the same or better player than he was then is very questionable as is whether he would be good against the cluggers and refs in league 1.
I may take him as a reserve striker into my virtual championship club but I'd pay around £200k I think.
Too broken and not sufficiently focussed to pay more.
Charlton paying 3% interest on the Vetekele transfer, for a player who is going to walk away for free. How about reducing that from the 58 million debt owed ?
Furthermore It has been said many times that the club is worth more as a going concern than it being run down and wound up.