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Posts
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Everything posted by benjii
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Thump a whore. (don't really)
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TBF McGoldrick played a lot better than Saga yesterday.
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Andy Goode and Paul Sackey were in Cardiff Oceana last night (and I suspect some of the others were too). I cannot confirm if either of them had pizza or KFC but I had some chips. I can confirm that no one started on them for being out after losing. Fact.
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Hoping to witness my second Saints win of the season...... but prepared to just have a bit of a laugh and a beer or two.
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You have to put it in perspective though - that will buy you a house in Pontypool.
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Perhaps a full time CEO might be a step in the right direction too?!
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Yes Correct. Correct. Correct. Correct. Dinlo.
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Di Stefano is ****ing ancient. Some of you lot need to get some perspective.
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Korma have a go if you think you're hard enough.
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It's unfair to pillaury the players like this.
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I heard that Steve Morgan was looking to buy an oil rig and a yacht so I actually think this has some mileage.
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Worst speculative punt ever!
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Generally, I do agree. Was playing devil's advocate to a certain extent.
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Can you supply the stats for how often this atmosphere was the decidiing factor in the team winning please? That ought to settle the argument. Cheers.
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It is only justifiable to blame the fans if you think all fans are brainless morons incapable of rational decision making. With that in mind, you may, dear reader, gain some insight into the mindset of those that persist with this manifestly ludicrous and absurd theory.
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When they were once again on the gravy train of the same company, which happens to be in serious finanical difficulty, and in which they were signifcant shareholders. I'm sure you're aware that companies turn to their shareholders for funding? It would, as I said above, at the very least be a public show of commitment and faith in their own ability if they offered an unsecured loan on a real-terms interest-free basis.
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In the year ended 30th June 2008 £600,000 was paid out for "Compensation for loss of office" with respect to directors. That year saw the departure of Hone, Hoos, Dulieu, Oldknow... etc. in addition to Crouch. Who got what is unknown (in the same way that Lowe and Cowen's share of the £563k is unknown).
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No conspiracy, just trumped-up incompetent egomaniacs out of their depth IMO.
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You should probably edit the end of that methinks....
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Who knows? We have no idea what their contractual terms are. Well, I don't - does anyone else? It would be interesting to know if the previous payments were existing contractual entitlements or the result of a compromise agreement being reached as part of their resignation (don't forget, they would have been booted out at a shareholders' vote if they hadn't resigned, so their only compensation would have been any contracutal entitlement already due, had the vote gone ahead). It's true to say that it is unusual for high level employees to leave an organisation without some sort of compromise agreement (which will involve a payment being made) being put in place. It would, however, be poor governance for a company which is, at the public admission of the very directors in question, in perilous financial circumstances to offer lucrative service agreements to directors which could only be terminated on onerous terms. Isn't Lowe part-time though? And Cowan is a non-exec. It would be extraordinary if they were contractually entitled to a large pay-off now.
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It would be very unlikely if there was any obligation to pay it back.... therefore one might conclude it is very unlikely that any of it has been paid back. I have suggested in the past that, in my opinion, it would be nice if it could at least be loaned back to the club on favourable terms. That would also exhibit that the directors at least had a little faith in their own ability to make a positive impact.
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From memory I believe the accounts refer to total payments in respect of directors' terminations in the relevant period of £563,000. If anyone is inclined to check that, there are links to the figures on the OS somewhere.
