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Igor Vetokele - Relegation Clause = Free Transfer This Summer

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  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
    Igor had to make money somehow. He was going to get feck all out of the last two!!
  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
    I've heard of relegation clauses, whereby players relegated with their team from the FAPL take a cut in salary.

    I am not aware (but could easily be only that) of a good FAPL player whose team is relegated and then is allowed to go on a free despite still being on contract. Anyone?


    Agreed.
  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
    I've heard of relegation clauses, whereby players relegated with their team from the FAPL take a cut in salary.

    I am not aware (but could easily be only that) of a good FAPL player whose team is relegated and then is allowed to go on a free despite still being on contract. Anyone?


    Hermann hriedersson had such a clause, or rather, his release clause is now £0 so clubs don't have to negotiate a fee for the player. By if no one comes in for him he'll still be a Charlton player.
  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
    I've heard of relegation clauses, whereby players relegated with their team from the FAPL take a cut in salary.

    I am not aware (but could easily be only that) of a good FAPL player whose team is relegated and then is allowed to go on a free despite still being on contract. Anyone?


    Hermann Hreidarsson
  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
    I've heard of relegation clauses, whereby players relegated with their team from the FAPL take a cut in salary.

    I am not aware (but could easily be only that) of a good FAPL player whose team is relegated and then is allowed to go on a free despite still being on contract. Anyone?


    Thanks Prague, yes, this was my point, never heard about relegation triggering a release clause allowing a player to leave for free (obviously heard of "Relegation" and "Release" Clauses).

    Hermann Hreidarsson would make sense in that he was aging and probably on high wages. I know that Portsmouth had a hard time paying him once they started tumbling. As various people (Lucky and Prague I believe) have pointed out, Igor is the type of player that you would think Roland's business model is built on. Get him young and raw from a small European league. Give him a couple years of first team football, help round out his game, then sell on at a profit.

    The other potential example that comes to mind is when Newcastle didn't insert relegation clauses into their players' contracts in the build-up to the 2008-9 season. That was due to some combination of ineptitude and hubris, which would ring true here...
  • Stig said:

    Reliably informed that Teixera has exactly the same clause.

    If true, this is a far bigger cock up. At least when Vetokele was signed it was in the close-season and they may have genuinely believed that there was no danger of relegation. When Tex signed we were in the danger zone, shipping goals, unable to score and looking favourites to go down.
    The clause was probably the only reason Tex signed in the first place.
  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
    I've heard of relegation clauses, whereby players relegated with their team from the FAPL take a cut in salary.

    I am not aware (but could easily be only that) of a good FAPL player whose team is relegated and then is allowed to go on a free despite still being on contract. Anyone?


    Roger Johnson probably owes most of his clubs money!
  • Could it be that the £3m (or whatever) that Igor allegedly cost us is installment based over the 5 year period - most likely is as that's the way most player purchases work. And that built in is the agreement that if relegated then Igor is free to leave but either that the installments terminate at that point or the balance is picked up by the club that he goes to? Without seeing the details of the contract most of this is pure speculation.
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  • cafc-west said:

    Could it be that the £3m (or whatever) that Igor allegedly cost us is installment based over the 5 year period - most likely is as that's the way most player purchases work. And that built in is the agreement that if relegated then Igor is free to leave but either that the installments terminate at that point or the balance is picked up by the club that he goes to? Without seeing the details of the contract most of this is pure speculation.

    For FFP the lifetime of the contract is taken into account I think. So if he cost us £3m and signed a 4 year deal, in terms of our expenditure per season would be £750k

    I could be massively wrong though, that's just how I've interpreted it. Don't have any answers for the rest of what you're asking though
  • There's a world of difference between a relegation clause for a club like us in the Premiership and one for us in the Championship though.
  • At least we are not Villa.

    Collymore tweet
    Adama Traore wages to go from £2m PA to £3m PA despite our relegation.

    Another stroke of Paddy Reilly/Tom Fox pure genius.

  • I've tried to politely ask Sven Klaes on Twitter WHY RD would agree to such a clause. I wasn't the first, and if others do the same, maybe Sven will say more about it . He would want to show that he has not been sold a dummy rumour.
  • Actually looking at SK's Twitter feed again, nowhere does he say that there is a "relegation release clause". Somebody else refers to it, they seem to assume that this is what SK means. But SK may simply be suggesting that CAFC are letting him go for free. Possibly because they have doubts about his ongoing fitness.
  • Missed It said:

    Missed It said:



    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.

    If he has a free transfer deal on relegation his asset value on the balance sheet is presumably written down to zero even if he stays, because he has no value.
  • The only way anyone with half a brain (so ruling out Squirrel Face) would agree to such a release without a fee was if the terms were the player was released with no obligation on the club to continue paying a salary. So he becomes a free agent and the club is not stuck with a big wage. You have to wonder how many of the squad have release/transfer clauses which are triggered by our relegation. Cannot imagine Lookman signed a long-term contract without such a safety net, given where we were at the time.
  • Chris Parkes made it clear at the Bromley meeting that players contracts do have relegation clauses, with wages being reduced.
    Seeing as he dealt with contracts for many years I can't see him agreeing to such a clause in Igor's contract. Mind you with KM at the helm, who knows!
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  • Actually looking at SK's Twitter feed again, nowhere does he say that there is a "relegation release clause". Somebody else refers to it, they seem to assume that this is what SK means. But SK may simply be suggesting that CAFC are letting him go for free. Possibly because they have doubts about his ongoing fitness.

    Good point, and I also asked him about it. He just infers that Igor will leave for free this summer. Good critical reading there.

    I think at this point we should probably treat this with some skepticism.
  • IT_Andy said:

    Chris Parkes made it clear at the Bromley meeting that players contracts do have relegation clauses, with wages being reduced.
    Seeing as he dealt with contracts for many years I can't see him agreeing to such a clause in Igor's contract. Mind you with KM at the helm, who knows!

    Chris doesn't agree the terms or amounts, that's not his role. He draws up the contracts and gets them signed.

    Chris did say that some players have contracts where their wages drop if we are relegated but not all.
  • LoOkOuT said:

    Chris' opinion is not important. We need to hear from Sue!

    She thinks Katrien has been unfairly treated and Roland is doing well, we're just going through a rough patch
  • The only way I can believe that there is any credibility to this story is that the final instalment of his transfer fee (and probably a hefty chunk of it) was contingent on Charlton not been relegated. I should imagine there was also a contingency in the contract that the selling club would have received an extra fee if Charlton were promoted. With relegation Charlton have the option of paying the final instalment but with his injury record and wages have decided to cut their losses.
  • Haven't we got Super George coming back to do that very thing you say?
  • cafc-west said:

    Could it be that the £3m (or whatever) that Igor allegedly cost us is installment based over the 5 year period - most likely is as that's the way most player purchases work. And that built in is the agreement that if relegated then Igor is free to leave but either that the installments terminate at that point or the balance is picked up by the club that he goes to? Without seeing the details of the contract most of this is pure speculation.

    In that case instalments would appear in the 2014/15 accounts under trade creditor payments due after more than one year. There aren't any.
  • SDAddick said:

    PWR beyond first page.

    I've tweet Louis and Sven about this, but I've never heard of such a clause. Only thought is they want him off the wage bill. I'm fucking flabbergasted.

    The only thing I can add is that this is another sign that this isn't necessarily about the money for Roland, it's about Power. Power, after all, is the means, not the ends.

    You've never heard of a relegation release clause? it's pretty common. Like a scoring bonus. Or clean sheet bonus.
    I've heard of relegation clauses, whereby players relegated with their team from the FAPL take a cut in salary.

    I am not aware (but could easily be only that) of a good FAPL player whose team is relegated and then is allowed to go on a free despite still being on contract. Anyone?


    Agreed.
    Ah, but don't forget The Krankies wanted to do it their way !
  • Why does anyone care how much players are sold for. It's not the club's money.

    The 90% surely just see this as another silver lining to their cloudy hope of resignation causing RD to sell.
  • PL54 said:

    Why does anyone care how much players are sold for. It's not the club's money.

    The 90% surely just see this as another silver lining to their cloudy hope of resignation causing RD to sell.

    Fair enough point about it not being the clubs money.
    For someone that does want to achieve a minimal loss football business...it is a bit of a let down and something that should be ridiculed.
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