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Post by pucklegas on Apr 8, 2020 19:02:03 GMT
Contentious subject I know but why are we not using this like other clubs?
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Post by timsburygas on Apr 8, 2020 19:08:17 GMT
As all the ITK brigrade insist we are close to insolvency you would have thought the club would jump at taking some tax payers money.
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Post by axegas on Apr 8, 2020 19:15:48 GMT
I wouldn't blame Rovers too much if they did like a lot of clubs in our league have already done so. There's certainly a business case for using the scheme it as it would save us a lot of money and could serve to protect a lot of jobs. But morally, it puts a strain on public finances and possibly puts footballers in a precarious position when it comes to paying expensive mortgages, it would be quite a big pay cut for them if the club isn't topping up the rest.
So fair play to Wael if he decides to cover wages for the affected period himself, he would certainly go up in my estimations if he choose to do so.
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Post by pucklegas on Apr 8, 2020 19:20:01 GMT
I wouldn't blame Rovers too much if they did like a lot of clubs in our league have already done so. There's certainly a business case for using the scheme it as it would save us a lot of money and could serve to protect a lot of jobs. But morally, it puts a strain on public finances and possibly puts footballers in a precarious position when it comes to paying expensive mortgages, it would be quite a big pay cut for them. So fair play to Wael if he decides to cover wages for the affected period himself, he would certainly go up in my estimations if he choose to do so. Government pay 2500 a month then we can pay the rest to top up their wages , as others have done it dont see why we would nt.
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Post by axegas on Apr 8, 2020 19:26:57 GMT
I wouldn't blame Rovers too much if they did like a lot of clubs in our league have already done so. There's certainly a business case for using the scheme it as it would save us a lot of money and could serve to protect a lot of jobs. But morally, it puts a strain on public finances and possibly puts footballers in a precarious position when it comes to paying expensive mortgages, it would be quite a big pay cut for them. So fair play to Wael if he decides to cover wages for the affected period himself, he would certainly go up in my estimations if he choose to do so. Government pay 2500 a month then we can pay the rest to top up their wages , as others have done it dont see why we would nt. Perhaps they realise that funding footballers wages isn't the best use of taxpayer money?
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Post by Gassy on Apr 9, 2020 8:42:16 GMT
If we did this, I guarantee there would be uproar on here from people moaning that:
- Wael isn't committed to the club - Why should my taxes pay for them? - He doesn't have any money - Wael is going to let us die
Take a pick
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Post by Gas Go Marching In on Apr 9, 2020 8:49:50 GMT
If we did this, I guarantee there would be uproar on here from people moaning that: - Wael isn't committed to the club - Why should my taxes pay for them? - He doesn't have any money - Wael is going to let us die Take a pick To be fair it's a reasonable question from the OP and one I know I would like to know the answer to. What are the pros and cons? Without knowing the details it would seem like a no brainer to furlough but I don't know if there are any implications of doing that.
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Post by Parrot on Apr 9, 2020 8:55:47 GMT
My guess is that we have already / shortly will (But not made public) but Wael will make up the balance
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Post by Deleted on Apr 9, 2020 8:56:32 GMT
I wouldn't blame Rovers too much if they did like a lot of clubs in our league have already done so. There's certainly a business case for using the scheme it as it would save us a lot of money and could serve to protect a lot of jobs. But morally, it puts a strain on public finances and possibly puts footballers in a precarious position when it comes to paying expensive mortgages, it would be quite a big pay cut for them if the club isn't topping up the rest. So fair play to Wael if he decides to cover wages for the affected period himself, he would certainly go up in my estimations if he choose to do so. Of all the shameful things about this club there is some pride to be taken in the fact that Wael continues to fund the club in this time. A cursory glance at Otib shows their continuous delight in what a basket case we are but the big elephant in the room is their refusal to look at their own house which contains a billionaire tax dodger relying on the tax payer to pay his staff. You literally couldn’t make it up. What an absolute sh** house of an owner. I hope all these billionaires asking for bail outs and relying on the tax payer are the first put up against the metaphorical wall when all this is over and we figure out who the real pillars of our society and heroes are.
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Post by lastminutewinner on Apr 9, 2020 10:43:08 GMT
Morals will get you nowhere in football. Other clubs (rival clubs at that) are benefitting and probably not 25M (allegedly) in debt.
No-brainer - we go bust nobody will remember we paid players wages in full until the end.
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Post by dragonfly on Apr 9, 2020 12:10:37 GMT
Surely this is confirmation of a trend from Wael which is to lose as much money as it is prudent to do so.
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Post by lastminutewinner on Apr 9, 2020 12:19:39 GMT
Sunderland have done this and they can afford to spunk 5 million on crap like Will Grigg
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Post by Kingswood Polak on Apr 9, 2020 13:47:22 GMT
My guess is that we have already / shortly will (But not made public) but Wael will make up the balance It was on points west, Tuesday at 18:30 and said Yeovil were doing it and we were doing it but with some and not all Cheltenham are not and City would not comment on it
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Post by Deleted on Apr 9, 2020 14:07:04 GMT
I don't think players pay tax via traditional PAYE, so tax on their wages is not payed via the football club. Footballers tax is likely paid by the players via their own accountant, using various tax loopholes etc.
Edit - Furlough is PAYE only
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Post by Deleted on Apr 9, 2020 14:09:02 GMT
Morals will get you nowhere in football. Other clubs (rival clubs at that) are benefitting and probably not 25M (allegedly) in debt. No-brainer - we go bust nobody will remember we paid players wages in full until the end. Yes, of course there are no morals in football, but right now, who even cares about football? It’s the apex of decadent society and I’m not so sure it will be able to rely on it’s core audience as it has done in the past. I genuinely think that the bad PR coupled with people having different priorities in life will mean that football is not the money making machine it once was when all this is over. As such, I’m glad that Rovers are at least taking a stand. There is more to life than football, much more, as we are just beginning to realise. Let the likes of Lansdown grub around in the dirt for all the tax payers money he can get his little billionaire’s hands on, I really do think that when this is all over there will be a reckoning for those that abused the furlough system and that we the tax payer and our kids will be paying for for years to come.
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Post by Kingswood Polak on Apr 12, 2020 13:49:52 GMT
Morals will get you nowhere in football. Other clubs (rival clubs at that) are benefitting and probably not 25M (allegedly) in debt. No-brainer - we go bust nobody will remember we paid players wages in full until the end. Yes, of course there are no morals in football, but right now, who even cares about football? It’s the apex of decadent society and I’m not so sure it will be able to rely on it’s core audience as it has done in the past. I genuinely think that the bad PR coupled with people having different priorities in life will mean that football is not the money making machine it once was when all this is over. As such, I’m glad that Rovers are at least taking a stand. There is more to life than football, much more, as we are just beginning to realise. Let the likes of Lansdown grub around in the dirt for all the tax payers money he can get his little billionaire’s hands on, I really do think that when this is all over there will be a reckoning for those that abused the furlough system and that we the tax payer and our kids will be paying for for years to come. I think that many will just be so happy to be able to go to a match again and I think more will actually come to a match than watch it on TV. I have read so many posting that they have cancelled or are cancelling their sky subscriptions. I think this could be a blessing but also fear for the clubs who could, very easily, not make it through a more prolonged period of this. As for life in general, I would like to think that some lessons have been learned but I’m not exactly feeling positive about this. People love their gadgets and “stuff” very much & I doubt that will change but I hope it does. It’s the age old battle between want & need. I had 3 older brothers so I had hand me down clothing but we always had lots to eat. I’d like to see people buying British goods too, over the cheaper alternatives. I hope it happens and that we really have learned from this
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Post by garystash on Apr 12, 2020 18:58:57 GMT
Contentious subject I know but why are we not using this like other clubs? Because the debt being created is owed to our owner at 6% interest.
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Post by timsburygas on Apr 12, 2020 19:26:36 GMT
I don't think players pay tax via traditional PAYE, so tax on their wages is not payed via the football club. Footballers tax is likely paid by the players via their own accountant, using various tax loopholes etc. Edit - Furlough is PAYE only All footballers are paid their wages by the clubs through PAYE, it’s a league rule, money earns outside of wages ie image rights and the like don’t have to be, that won’t affect many in league 1&2. If someone is furloughed it means they are laid off, can not have anything to do with the business, so players can’t train, can’t attend clubs for team meetings etc, just have to sit at home and wait for a call to come back into employment.. What clubs are doing is furloughing club staff grounds man, shop workers, catering staff etc and asking players to take reduced salary’s.
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Post by teanbiscuits on Apr 12, 2020 22:33:05 GMT
I wonder how this issue impacts on financial fair play? Potentially clubs taking advantage of the government incentives could benefit from having more money available next season than other clubs.
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Post by daniel300380 on Apr 12, 2020 22:47:16 GMT
I don't think players pay tax via traditional PAYE, so tax on their wages is not payed via the football club. Footballers tax is likely paid by the players via their own accountant, using various tax loopholes etc. Edit - Furlough is PAYE only All footballers are paid their wages by the clubs through PAYE, it’s a league rule, money earns outside of wages ie image rights and the like don’t have to be, that won’t affect many in league 1&2. If someone is furloughed it means they are laid off, can not have anything to do with the business, so players can’t train, can’t attend clubs for team meetings etc, just have to sit at home and wait for a call to come back into employment.. What clubs are doing is furloughing club staff grounds man, shop workers, catering staff etc and asking players to take reduced salary’s. Clubs are doing it to players as well. Plymouth Argyle did to staff and player's. Not sure about other clubs. But it said on the local news here a week or 2 ago.
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