Master Bates Posted 8 January, 2009 Share Posted 8 January, 2009 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/ Link to comment Share on other sites More sharing options...
Ponty Posted 8 January, 2009 Share Posted 8 January, 2009 Yeah, let's say, for argument's sake, that the club brought in an income of £10,000,000... then it's saying that wages were £8,100,000. Does that help? Link to comment Share on other sites More sharing options...
Mole Posted 8 January, 2009 Share Posted 8 January, 2009 (edited) 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 8 January, 2009 by Mole Link to comment Share on other sites More sharing options...
Ponty Posted 8 January, 2009 Share Posted 8 January, 2009 I think that trying to make any of them look bad is like shooting fish in a barrel, Stanley. The Echo must love it. Link to comment Share on other sites More sharing options...
dubai_phil Posted 8 January, 2009 Share Posted 8 January, 2009 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! Link to comment Share on other sites More sharing options...
Minty Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
chuz Posted 8 January, 2009 Share Posted 8 January, 2009 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... Link to comment Share on other sites More sharing options...
Mole Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
Greenridge Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
Teddy Nutkins Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
Scummer Posted 8 January, 2009 Share Posted 8 January, 2009 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? Link to comment Share on other sites More sharing options...
Mole Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
slickmick Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
hughieslastminutegoal Posted 8 January, 2009 Share Posted 8 January, 2009 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". Link to comment Share on other sites More sharing options...
Dicko Posted 8 January, 2009 Share Posted 8 January, 2009 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 Link to comment Share on other sites More sharing options...
warsash saint Posted 8 January, 2009 Share Posted 8 January, 2009 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 Link to comment Share on other sites More sharing options...
Minty Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
Paul Chuckle Posted 8 January, 2009 Share Posted 8 January, 2009 BWP was also brought in by Lowe just before he left as we used the Coca Cola money to buy him Link to comment Share on other sites More sharing options...
Dicko Posted 8 January, 2009 Share Posted 8 January, 2009 BWP was also brought in by Lowe just before he left as we used the Coca Cola money to buy him I think we received £250k from Coca-Cola and BWP cost £750k Link to comment Share on other sites More sharing options...
hugh Posted 8 January, 2009 Share Posted 8 January, 2009 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 ..... Link to comment Share on other sites More sharing options...
NickG Posted 8 January, 2009 Share Posted 8 January, 2009 football finance expert on radio yesterday said that clubs need to be aiming at 40% of turnover as wages up to 45%. so guess 81% is pretty bad! They did quote Hearts running at 145%! Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 No mention of Directors Wages I notice Link to comment Share on other sites More sharing options...
NickG Posted 8 January, 2009 Share Posted 8 January, 2009 Andrew Davies was our highest paid player? Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 How is he doing at stoke Link to comment Share on other sites More sharing options...
trousers Posted 8 January, 2009 Share Posted 8 January, 2009 No mention of Directors Wages I notice Aye....Funny that.... Link to comment Share on other sites More sharing options...
NickG Posted 8 January, 2009 Share Posted 8 January, 2009 one start, sub twice. Link to comment Share on other sites More sharing options...
fos1 Posted 8 January, 2009 Share Posted 8 January, 2009 (edited) 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 8 January, 2009 by fos1 Link to comment Share on other sites More sharing options...
Wade Garrett Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
trousers Posted 8 January, 2009 Share Posted 8 January, 2009 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.... Link to comment Share on other sites More sharing options...
Greenridge Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
Danny Posted 8 January, 2009 Share Posted 8 January, 2009 Didn't it come out from Dave Jones that the 81% figure was a bit misleading for some economic reason. Well he was the Finance Director at the time, so it's hardly surprising he's saying that. Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
Wade Garrett Posted 8 January, 2009 Share Posted 8 January, 2009 Well he was the Finance Director at the time, so it's hardly surprising he's saying that. He did give a plausible reason, I just can't remember what it was. It more or less cleared Rupert's smear about this matter. Link to comment Share on other sites More sharing options...
Charlie2008 Posted 8 January, 2009 Share Posted 8 January, 2009 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! Keep the faith and COYR! Link to comment Share on other sites More sharing options...
trousers Posted 8 January, 2009 Share Posted 8 January, 2009 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...) Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 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 Link to comment Share on other sites More sharing options...
Wade Garrett Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 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.” Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 8 January, 2009 Share Posted 8 January, 2009 He did give a plausible reason. He did offer a seemingly reasonable explanation, however, I simply interpreted as we took a huge gamble on getting promotion but we didn't and now we are in the ****e, he referred to it as a 'blip' Link to comment Share on other sites More sharing options...
Wade Garrett Posted 8 January, 2009 Share Posted 8 January, 2009 He did offer a seemingly reasonable explanation, however, I simply interpreted as we took a huge gamble on getting promotion but we didn't and now we are in the ****e, he referred to it as a 'blip' I thought it was more of an accounting issue. Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 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 Link to comment Share on other sites More sharing options...
Teddy Nutkins Posted 8 January, 2009 Share Posted 8 January, 2009 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? Link to comment Share on other sites More sharing options...
trousers Posted 8 January, 2009 Share Posted 8 January, 2009 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. etc, etc Cheers Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 [/b] Would Lowe have this information deliberately leaked to discredit his new mate...........................who knows? Or we are going into administration and it is not his fault Link to comment Share on other sites More sharing options...
Rebel Posted 8 January, 2009 Share Posted 8 January, 2009 I think we received £250k from Coca-Cola and BWP cost £750k and to think we got rid of Dexter Blackstock as result of bringing in BWP - probably a much cheaper and a better player! Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 and to think we got rid of Dexter Blackstock as result of bringing in BWP - probably a much cheaper and a better player! Yes I agree but Burley never gave him a real chance Link to comment Share on other sites More sharing options...
trousers Posted 8 January, 2009 Share Posted 8 January, 2009 (edited) 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 8 January, 2009 by trousers Link to comment Share on other sites More sharing options...
John B Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
Rebel Posted 8 January, 2009 Share Posted 8 January, 2009 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 Link to comment Share on other sites More sharing options...
Sundance Beast Posted 8 January, 2009 Share Posted 8 January, 2009 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. Link to comment Share on other sites More sharing options...
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