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Article in the Echo RE Wages


Master Bates

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Is it me, or doesn't the first line make sense? I thought income was money in? I feel dumb today :(

 

THE Daily Echo can today reveal some of the high salaries that resulted in Saints’ wage bill soaring to 81 per cent of the club’s total income last season.

 

http://www.dailyecho.co.uk/sport/saints/news/4030894.Saints__wage_bill_shocker/

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LOL, so the the Echo is back to it's old tricks of printing Lowe spin.

 

Why has this story come out now?

 

P.S the period the article refers to is the era when Wilde abandoned the club to his Execs.

 

Lowe is obviously getting desperate. During the Saintforever days his PR company even posted on this websites predessor when Lowe was on the ropes. We've seen it all before and no-one is going to fall for it.

Edited by Mole
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Lol we have two articles of players having a say which we comment on and turns the forum into even more depressing reading and then somebody leaks this information.

 

Why am I not surprised, and what on earth were so called professional administrators thinking?

 

Yes we wanted to get good players in and some of them were VERY good, but it's a bit like deciding you need a new Bentley when you've already maxed out your credit cards.

 

Someobdy declared war though and the Echo is lapping up being the battle-ground

 

Next installment please!

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It should read 81% of turnover, as it does later in the article.

 

Interesting article... nice to see some wage figures given a lot of the speculation that flies around (although I still wouldn't read it as gospel of course). Irrespective of who is in charge or made the decisions, some of those wages seem entirely inappropriate both in terms of the players' worth, and our financial situation.

 

This kind of thing reinforces my concern that the major financial damage to the club has already been done and that administration is inevitable. I hope that's not the case of course but you can't help but worry, can you? I'm really not interested in whose 'spin' it is, or who is to blame... bottom line is that our football club is in a sorry state thanks to a variety of people.

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Interesting to see a bit of a fight back by the club, who presumably were the only people who could leak this. Is this an attempt to alienate the senior players further by revealing what they are earning?

 

One thing that does bother me though is the assertion that Lowe had nothing to do with any of this. Did he not set the benchmark by bringing Rasiak here - I cannot believe his salary would have been different on loan to what it is when he signed and as I recall we signed him on loan with a view to a permanent deal...

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Interesting to see a bit of a fight back by the club, who presumably were the only people who could leak this. Is this an attempt to alienate the senior players further by revealing what they are earning?

 

No, it was a party political broadcast by the Lowe Party.

 

Lowe is getting desperate.

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Lol we have two articles of players having a say which we comment on and turns the forum into even more depressing reading and then somebody leaks this information.

 

Why am I not surprised, and what on earth were so called professional administrators thinking?

 

Yes we wanted to get good players in and some of them were VERY good, but it's a bit like deciding you need a new Bentley when you've already maxed out your credit cards.

 

Someobdy declared war though and the Echo is lapping up being the battle-ground

 

Next installment please!

 

Nail on head. These numbers can have only come from the Club. The sad decline of our once proud club continues unabated. It's like a mouse in it's last lifeless moment being played with by some fat cat.

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If the intension was to discredit Leon Crouch, then i think they have failed. The damage was done by leaving the Exec's to run Wilde, (pun-intended). From what i can gather Leon was adjusting the situation when everything changed again.Time to come to the front Michael Wilde and explain.You owe all the supporters an answer.

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If the club has leaked this info, as seems likely, would they not be liable to face legal action from the players concerned?

 

I'm pretty sure employers aren't allowed to release individual players' salaries into the public domain. Imagine if your boss went round telling people what you earn, would you be happy?

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If the intension was to discredit Leon Crouch, then i think they have failed. The damage was done by leaving the Exec's to run Wilde, (pun-intended). From what i can gather Leon was adjusting the situation when everything changed again.Time to come to the front Michael Wilde and explain.You owe all the supporters an answer.

 

You've hit the nail on the head. Wilde appointed the Execs and the players were signed under Wildes Execs. Crouch is the one who loaned Rasiak etc out to reduce the wage bill.

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Interesting to see a bit of a fight back by the club, who presumably were the only people who could leak this. Is this an attempt to alienate the senior players further by revealing what they are earning?

 

One thing that does bother me though is the assertion that Lowe had nothing to do with any of this. Did he not set the benchmark by bringing Rasiak here - I cannot believe his salary would have been different on loan to what it is when he signed and as I recall we signed him on loan with a view to a permanent deal...

 

 

If £10,000 a week is true. Not what I have heard, but i guess the Echo's information is more credible.

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Interesting that the article says nothing about wages depending on appearances, so, on the face of it there was no reason not to play experienced players (apart from form/injury) when not out on loan.

 

So not playing them looks to be nothing more than an effort to hack them off so they leave, maybe not the best policy. Certainly won't get them chomping at the bit to report themselves fit after "injury".

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Those figures are startling

 

However, when you add them all together, they are still easily covered by the sale of Kenwyne to Sunderland.

 

So, the £27.5M debt is Rupert's fault as much as anyone's

The man is an absolute tosser if he claims it's all down to his period in the background

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I'm pretty sure employers aren't allowed to release individual players' salaries into the public domain. Imagine if your boss went round telling people what you earn, would you be happy?

 

 

Most probably the aim .... trying to get these players wound up & hopefully off the wage bill

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Simon Carter's follow-up is quite good IMO:

 

http://www.dailyecho.co.uk/sport/saints/news/4030898.Is_Lowe_gamble_a_cost_cut_too_far_/

 

It doesn't really say anything new but it does sum things up quite well.

 

Agreed. The two articles need to be looked at together. While the first is really just putting Rupert's side, as the figures are startling, the second is a good summation of how we see things at the club.

 

At this rate I will start reading the Echo again .....

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No mention of Directors Wages I notice

 

No mention of just under £500,000 that Cowans and Lowe received as pay off two years ago, with the club in so much debt perhaps Cowans and Lowe would like to repay this money back into the coffers !!! seeing that they are both back taking a wage out of the club yet again.

Edited by fos1
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Is it me, or doesn't the first line make sense? I thought income was money in? I feel dumb today :(

 

THE Daily Echo can today reveal some of the high salaries that resulted in Saints’ wage bill soaring to 81 per cent of the club’s total income last season.

 

http://www.dailyecho.co.uk/sport/saints/news/4030894.Saints__wage_bill_shocker/

 

Are the Echo and/or the Club not in breach of the Data Protection Act here?

 

p.s. the Echo website appears to have gone bang.....hmmmm....

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How is he doing at stoke

 

Pointless dig. He was easily our best player in his time here and now playing in the Premier League.

 

Strange that the release of these figures by the club has the finger pointing at Dave Jones and Michael Wilde. RL is obviously in a desperate position and clearly happy to throw his allies to the wolves in a bid to save his skin.

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Didn't it come out from Dave Jones that the 81% figure was a bit misleading for some economic reason.

 

Shows how desperate Lowe is getting, and how toothless the Echo are.

 

Why I find it quite interesting how Wilde has ruined our club when Lowe who has assisted gets all the blame.

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Agreed. The two articles need to be looked at together. While the first is really just putting Rupert's side, as the figures are startling, the second is a good summation of how we see things at the club.

 

At this rate I will start reading the Echo again .....

 

Agree with this whole-heartedly. Some of the comments after the second article are top class also and made me LOL, something I don't do enough these days! :D

 

Keep the faith and COYR!

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Pointless dig. He was easily our best player in his time here and now playing in the Premier League.

 

Strange that the release of these figures by the club has the finger pointing at Dave Jones and Michael Wilde. RL is obviously in a desperate position and clearly happy to throw his allies to the wolves in a bid to save his skin.

 

No it was a serious point as I have been wondering lately how he was getting on in the Premiership

 

I know he was a good player but really too costly in the present situation

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Why I find it quite interesting how Wilde has ruined our club when Lowe who has assisted gets all the blame.

 

 

It must keep you up at night, poor Rupert.

 

So it was Wilde who went through managers like he was hiring and firing at MacDonalds, got us relegated, and took a good few thousand off the gate when he decided to come back.

 

Wilde is also to blame as well though, the jellyfish bastard.

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Anyone got a copy of the article? I can't access the Echo website any more (it's enough to make one start a conspiracy theory...) ;)

 

THE Daily Echo can today reveal some of the high salaries that resulted in Saints’ wage bill soaring to 81 per cent of the club’s total income last season.

 

The figures show that eight first team squad players were earning about £70,000 a week between them.

 

Strike trio Grzegorz Rasiak, Stern John and Marek Saganowski would have been on £26,000 a week between them – more than £100,000 a month and about £1.2m per year – had they all stayed for the 2008/09 season instead of being sent out on loan.

 

Rasiak was on £10,000 a week at Saints with John and Saganowski on £8,000 a week.

 

The most amazing sums, though, show that midfielder Jason Euell was given a two-year contract with a £10,000 a week salary and a £200,000 signing on fee for BOTH his two seasons at St Mary's.

 

That means Saints will be paying the former Wimbledon, Charlton and Middlesbrough player a startling £720,000 for each year of his contract.

 

In addition, Andrew Davies was on slightly more than £10,000 a week after completing his move from Middlesbrough during the last January transfer window.

 

Centre half Wayne Thomas, who is expected to miss the entire 2008/09 campaign through injury, was being paid just under £8,000 a week Rudi Skacel, who cost Saints £1.6m when he was signed from Hearts in the summer of 2006, is on a similar-sized salary to Thomas.

 

Bradley Wright-Phillips, meanwhile, was being paid £6,500 a week.

 

On top of all that, Saints have to pay the employers’ national insurance contributions of 12.5 per cent – meaning they pay an extra £90,000 just for Euell, though obviously the players concerned do not get that money.

 

All the above players were signed between June 2006 and January 2008 – a time in which current PLC chairman Rupert Lowe was away from the club.

 

The regime put in place by Michael Wilde was instead running the club and organising player contracts.

 

As revealed in Saints’ annual accounts released in early December, player and coaches wages leapt from 45 per cent of turnover in the financial year ending June 2007 (£10.5m wage bill) to a staggering 81 per cent of turnover 12 months later (£12.1m).

 

Saints had a total turnover of just £14.9m in the financial year ending June 2008, compared to £23.3m the previous year.

 

Though the club brought in £12.7m from selling players in 2007/08, they still reported a loss of £4.9m.

 

Lowe said: “To run a player/coach wage bill of 81 per cent speaks for itself. The only justification for this would have been promotion, but in the event we narrowly avoided relegation.”

 

A club spokesman said: “We won’t comment on individual player contracts.”

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It must keep you up at night, poor Rupert.

 

So it was Wilde who went through managers like he was hiring and firing at MacDonalds, got us relegated, and took a good few thousand off the gate when he decided to come back.

 

Wilde is also to blame as well though, the jellyfish bastard.

 

That is what I am saying but I think Wilde is more to blame for the current situation it was him who brought Lowe back.

 

I never thought Lowe would return as upsets supporters like yourself.

 

But as he does not care about being popular is probably the best guy in the current abysmal situation

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Pointless dig. He was easily our best player in his time here and now playing in the Premier League.

 

Strange that the release of these figures by the club has the finger pointing at Dave Jones and Michael Wilde. RL is obviously in a desperate position and clearly happy to throw his allies to the wolves in a bid to save his skin.

 

Would Lowe have this information deliberately leaked to discredit his new mate...........................who knows?

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Why does the Echo article refer to the current player's wages in the past tense? "so and so's wage WAS blah, etc...". Ok, I appreciate the wages were established in the past but they are what they are currently being paid so it seems strange to refer to current wages in the past tense....

 

Perhaps the person who leaked this to the Echo knows something about the short term (non)future of the club?

Edited by trousers
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Why does the Echo article refer to the current player's wages in the past tense? "so and so's wage WAS blah, etc..."

 

Perhaps the person who leaked this to the Echo knows something about the short term (non)future of the club?

 

I think they are referring to the figures which were in the annual report which was for last season

 

THE Daily Echo can today reveal some of the high salaries that resulted in Saints’ wage bill soaring to 81 per cent of the club’s total income last season.

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I think we received £250k from Coca-Cola and BWP cost £750k

 

Andrew Davies was our highest paid player?

 

problem is we really needed a good young centreback at the time - and we still do

 

yet again Mills and Cranie probably would have been much cheaper options - and probably just as good - not to mention Baird

 

perhaps we should have played Cranie and Mills and offered them decent contracts (so they wouldn't have left us on tribunal fees) and not wasted our money on Thomas amd Davies

 

maybe we should have kept Baird as well - in the long run he would have been a much cheaper option than Thomas or Davies even though at the time we needed the cash from his sale

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Pointless dig. He was easily our best player in his time here and now playing in the Premier League.

 

Strange that the release of these figures by the club has the finger pointing at Dave Jones and Michael Wilde. RL is obviously in a desperate position and clearly happy to throw his allies to the wolves in a bid to save his skin.

 

Is it a pointless dig rather than a relevant question just because it doesn't suit your own pointless agenda? Its the same old song from the anti-Lowe camp who are happy to rant unjustified about Lowe and the board and yet expect those who support the club to justify every comment and still be ridiculed.

 

This forum with the return of the sanctimonious Duncan Holley and the pious ramblings of Wheeler not to mention the lunacy of the likes of Stanley and SaintRobbie it really is becoming a parody of a forum for debate and perhaps the whiole site should be relabelled 'Muppet Show'.

 

Thankfully the most venomous and unhinged characters are not representative of the 12,000 fans who are still going to games and clearly don't post on this site but who knows what damage they are capable within their 'social circles'. The Beautiful South? Not for much longer if the lunatics once again try to take over the asylum instead of seizing on every little rumour or morsel of gossip to bring down their own house. You're in danger of turning this club into a house of cards unless you are able to assess the situation with an iota of balance and subjectivity.

 

Many of you should try typing your words without showering your monitors in spit.

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