The thing all of you are missing is that Igor may want to stay and smack in the 20 goals that will see us promoted next year....negative Charlton fans eh?
UNDISCLOSED is the norm so doubt we will get definitive confirmation.
If it were to be true surely others in the club with experience Murray / Parkes etc could have observed if privy to the detail and offered opinion. Not to say the management didn't ignore though.
I doubt Meire is seen as a soft touch by agents given preference for intra network deals. Equally true that 'network' resources would be able to offer guidance.
Just feasible the club chose to negotiate this but must have been a conscious decision if so.
But let's be honest what value does he truly have or indeed most of the squad relative to reducing the wage bill.
I have this insane hope that it's a standard clause in all regime business deals, and we'll find that we can be released from regime ownership for free on relegation...
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 stack 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.
But let's be honest what value does he truly have or indeed most of the squad relative to reducing the wage bill.
Whatever value he has now is neither here nor there. The point is, what the hell are they thinking putting a release clause like that in his contract?
Presumably it would be seen as the easiest way of getting the wages down i.e. his agent has a freehand to find him his next club. Maybe that allowed us to get him in the first place.
It's a moot point he has given no value this season at all because of injury. No one to blame for that just the risk of signing any player on any terms.
I'm not defending it just observing it probably makes no difference in reality.
But let's be honest what value does he truly have or indeed most of the squad relative to reducing the wage bill.
Whatever value he has now is neither here nor there. The point is, what the hell are they thinking putting a release clause like that in his contract?
Presumably it would be seen as the easiest way of getting the wages down i.e. his agent has a freehand to find him his next club. Maybe that allowed us to get him in the first place.
It's a moot point he has given no value this season at all because of injury. No one to blame for that just the risk of signing any player on any terms.
I'm not defending it just observing it probably makes no difference in reality.
Fair point. It just defies belief though. The player is an asset on the balance sheet, they are effectively destroying the value of the company in their over-riding obsession with getting the payroll on budget.
But let's be honest what value does he truly have or indeed most of the squad relative to reducing the wage bill.
Whatever value he has now is neither here nor there. The point is, what the hell are they thinking putting a release clause like that in his contract?
Presumably it would be seen as the easiest way of getting the wages down i.e. his agent has a freehand to find him his next club. Maybe that allowed us to get him in the first place.
It's a moot point he has given no value this season at all because of injury. No one to blame for that just the risk of signing any player on any terms.
I'm not defending it just observing it probably makes no difference in reality.
Beg to differ on the blame.
He was forced to play through a nasty achillies injury last year and he has never been the same since. I'd say whoever was wheeling him out while he was injured last season needs to take responsibility for what has happened to him.
As others have said, looked okay for first 11 games of last season. Yes his injuries haven't been managed well, however we don't know if what we saw in those 11 games or so was a little purple patch or what we would've got on a consistent basis. IMO it was a purple patch. One thing a player never loses is his touch, Igor's looked atrocious when he came back.
Would've been good to get some money for him but he's just another failed player associated with this regime. We need a massive clear out to get rid of all the negative memories from RD. I can't see us getting anything from him if he stays
There is, of course, the possibility that this isn't true. Because a Belgian hack tweets -source, one is tempted to ask - it doesn't necessarily mean it's the case.
I guess the logic is to get players with potentially high wages off the wage bill if we are relegated (I recall when we got relegated from the PL sending Marcus Bent out on loan for the season to get his wages off the payroll)
Two flaws
1) No chance of recovering any transfer fee 2) No incentive for a cynical/unhappy player to give 110% to stave off relegation if they can earn a nice transfer (and signing on fee) from relegation...
I guess the logic is to get players with potentially high wages off the wage bill if we are relegated (I recall when we got relegated from the PL sending Marcus Bent out on loan for the season to get his wages off the payroll)
Two flaws
1) No chance of recovering any transfer fee 2) No incentive for a cynical/unhappy player to give 110% to stave off relegation if they can earn a nice transfer (and signing on fee) from relegation...
Saw him in his first game for Charlton in pre-season friendly at Pompey - looked sh1t-hot - scored a cracking goal, and gave their defence a torrid time - never really been the same since.
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 stack 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.
Put straight on that by Airman.
Ok, he beat me to it . I do understand people's fears though about RD being vindictive and raising the club to the ground but he stands to lose a lot more by going down that route albeit still pocket change to him.
He is a 'successful' businessman though and will want the best result minimising any losses as much as possible. Even in a worse case scenario and I said this at the outset of the protests, if it has to be AFC Charlton then so be it as shocking as that outcome may be.
But let's be honest what value does he truly have or indeed most of the squad relative to reducing the wage bill.
Whatever value he has now is neither here nor there. The point is, what the hell are they thinking putting a release clause like that in his contract?
Presumably it would be seen as the easiest way of getting the wages down i.e. his agent has a freehand to find him his next club. Maybe that allowed us to get him in the first place.
It's a moot point he has given no value this season at all because of injury. No one to blame for that just the risk of signing any player on any terms.
I'm not defending it just observing it probably makes no difference in reality.
Beg to differ on the blame.
He was forced to play through a nasty achillies injury last year and he has never been the same since. I'd say whoever was wheeling him out while he was injured last season needs to take responsibility for what has happened to him.
Doubt in this day and age any player is ever forced to play !
Do agree that our recent record on injuries raises questions on our back room staff responsible but imagine it's too subjective a topic to ever be proven right or wrong on.
I think the real issue here is whether RD will fund relegation or not I.e. will he offload to offset financial losses or will he only offload where players want out. I'm not optimistic as to the answer.
Saw him in his first game for Charlton in pre-season friendly at Pompey - looked sh1t-hot - scored a cracking goal, and gave their defence a torrid time - never really been the same since.
Well then hopefully he stays for the next relegation and then we'll really see the best of him.
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?
You'd think that, wouldn't you? The ex-directors had to agree to roll it over, as they had in 2010 with the spivs. The interesting thing is that rumour has it neither Meire nor Duchatelet understood the implications until recently. But I guess that's what you get when you do your own due diligence.
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?
You'd think that, wouldn't you? The ex-directors had to agree to roll it over, as they had in 2010 with the spivs. The interesting thing is that rumour has it neither Meire nor Duchatelet understood the implications until recently. But I guess that's what you get when you do your own due diligence.
Oh no! That's terrible news just made my night Airman;
I'm not going to credit Meire with the foresight to say this was intentional, but it might actually work in our favour as the more of our 'big earners' we can get off our books right away the better.
Hardly any of them have any resale value, especially as clubs will know we are desperate to shift them and they have largely either been flops or injured all the time. Last time we went down we were stuck with players we couldn't sell on premier league or top end Championship wages and it definitely hindered our ability to rebuild the team like we would have liked.
Igor is, of course, one of the few that , in an ideal world, we'd probably like to keep but I'm sure he'd have left on the cheap anyway.
The trouble is, I don't trust this lot at all with any rebuild, but my hope is that this will help the new owners (I really hope there will be new owners) clear the decks quickly and cheaply ready for the aforementioned rebuild.
Assuming it is true, seems bizarre even for our incompetant so called CEO to agree to a clause like that in the contract of a big money signing, he may not be seen as a major loss to us now two years on but she could not have known that at the time, he is still the most expensive player we have signed since they arrived and he may be able to walk out the door for nothing.
Everyone's assuming he'll be off, but the other side of the equation is salary. I don't know how much he's on, but given his injury history, do we think he can get more somewhere else? If he can't he may as well collect his money being injured here.
Comments
If it were to be true surely others in the club with experience Murray / Parkes etc could have observed if privy to the detail and offered opinion. Not to say the management didn't ignore though.
I doubt Meire is seen as a soft touch by agents given preference for intra network deals. Equally true that 'network' resources would be able to offer guidance.
Just feasible the club chose to negotiate this but must have been a conscious decision if so.
But let's be honest what value does he truly have or indeed most of the squad relative to reducing the wage bill.
Whatever value he has now is neither here nor there. The point is, what the hell are they thinking putting a release clause like that in his contract?
I have nearly always found the opposite in my long term relationships. I keep the budget and mostly find any excesses the missus brings in.
But I wouldn't generalise though, that's probably just me
I bet the only player she signed who doesn't have the clause is Roger Johnson!
It's a moot point he has given no value this season at all because of injury. No one to blame for that just the risk of signing any player on any terms.
I'm not defending it just observing it probably makes no difference in reality.
He was forced to play through a nasty achillies injury last year and he has never been the same since. I'd say whoever was wheeling him out while he was injured last season needs to take responsibility for what has happened to him.
Would've been good to get some money for him but he's just another failed player associated with this regime. We need a massive clear out to get rid of all the negative memories from RD. I can't see us getting anything from him if he stays
Two flaws
1) No chance of recovering any transfer fee
2) No incentive for a cynical/unhappy player to give 110% to stave off relegation if they can earn a nice transfer (and signing on fee) from relegation...
He is a 'successful' businessman though and will want the best result minimising any losses as much as possible. Even in a worse case scenario and I said this at the outset of the protests, if it has to be AFC Charlton then so be it as shocking as that outcome may be.
Do agree that our recent record on injuries raises questions on our back room staff responsible but imagine it's too subjective a topic to ever be proven right or wrong on.
I think the real issue here is whether RD will fund relegation or not I.e. will he offload to offset financial losses or will he only offload where players want out. I'm not optimistic as to the answer.
terrible newsjust made my night Airman;i suspect JBGs 20k a week is not sustainable
Hardly any of them have any resale value, especially as clubs will know we are desperate to shift them and they have largely either been flops or injured all the time. Last time we went down we were stuck with players we couldn't sell on premier league or top end Championship wages and it definitely hindered our ability to rebuild the team like we would have liked.
Igor is, of course, one of the few that , in an ideal world, we'd probably like to keep but I'm sure he'd have left on the cheap anyway.
The trouble is, I don't trust this lot at all with any rebuild, but my hope is that this will help the new owners (I really hope there will be new owners) clear the decks quickly and cheaply ready for the aforementioned rebuild.
What a unique form of negotiation.