Paully Posted June 30, 2020 Share Posted June 30, 2020 Link to post Share on other sites More sharing options...
TK-421 Posted June 30, 2020 Share Posted June 30, 2020 Sounds as if they’re extending use of the furlough scheme until the eve of next season for all staff, players included, but they’re not topping up the outstanding 20%. Of course, the furlough scheme only pays 80% of the wages up to around £3k per month, so some of their players are going to be massively out of pocket. They'll have to start putting something in soon, as the government contribution starts reducing to 60% from August, isn't it? They could be screwed if there are still no crowds by October when the Furlough scheme is due to end, and they have to start paying everyone in full again. Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 From Netflix to love island. Such a desperate attempt to stay relevant. Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 Sounds as if they’re extending use of the furlough scheme until the eve of next season for all staff, players included, but they’re not topping up the outstanding 20%. Of course, the furlough scheme only pays 80% of the wages up to around £3k per month, so some of their players are going to be massively out of pocket. They'll have to start putting something in soon, as the government contribution starts reducing to 60% from August, isn't it? They could be screwed if there are still no crowds by October when the Furlough scheme is due to end, and they have to start paying everyone in full again. Footballers contracts are funny. As an employee in any other industry you could walk away and find alternative employment. If a player could do that then thry could lose just about anyone on their books. Link to post Share on other sites More sharing options...
TK-421 Posted June 30, 2020 Share Posted June 30, 2020 Wealdstone, you say? I can imagine someone wont be happy about that! Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 Rumours thry are closing down the academy. Not even dropping it down a level or 2, but full on closure. Link to post Share on other sites More sharing options...
gjohnson Posted June 30, 2020 Share Posted June 30, 2020 Colback signed for these yet? Link to post Share on other sites More sharing options...
Disco Posted June 30, 2020 Share Posted June 30, 2020 Rumours thry are closing down the academy. Not even dropping it down a level or 2, but full on closure. The academy manager left today. Sticking the knife into their staff too so they don’t get addicted to furlough. https://www.sunderlandecho.com/sport/football/sunderland-afc/sunderland-afc-extend-furlough-scheme-staff-and-players-will-no-longer-top-staff-salaries-2899202 Link to post Share on other sites More sharing options...
Judge Holden Posted June 30, 2020 Share Posted June 30, 2020 Colback signed for these yet? Theres absolutely no way Sunderland could afford Colbacks wages. Link to post Share on other sites More sharing options...
Guest Posted June 30, 2020 Share Posted June 30, 2020 Sounds as if they’re extending use of the furlough scheme until the eve of next season for all staff, players included, but they’re not topping up the outstanding 20%. Of course, the furlough scheme only pays 80% of the wages up to around £3k per month, so some of their players are going to be massively out of pocket. They'll have to start putting something in soon, as the government contribution starts reducing to 60% from August, isn't it? They could be screwed if there are still no crowds by October when the Furlough scheme is due to end, and they have to start paying everyone in full again. Footballers contracts are funny. As an employee in any other industry you could walk away and find alternative employment. If a player could do that then thry could lose just about anyone on their books. Could be a new 'Bosman' if someone challenges this maybe. But aye, Academy will probably be shut down. I don't think they own the Academy of Light and training facilities anymore. Link to post Share on other sites More sharing options...
Dr.Spaceman Posted June 30, 2020 Share Posted June 30, 2020 Colback signed for these yet? Theres absolutely no way Sunderland could afford wages. Link to post Share on other sites More sharing options...
Sima Posted June 30, 2020 Share Posted June 30, 2020 They'll sign anyone with a bit of 'celebrity'. Look for moves for Ralf Little and Mark Wright in the coming days. Link to post Share on other sites More sharing options...
Judge Holden Posted June 30, 2020 Share Posted June 30, 2020 Colback signed for these yet? Theres absolutely no way Sunderland could afford wages. Drink it in buddy, drink it in. Link to post Share on other sites More sharing options...
relámpago blanco Posted June 30, 2020 Share Posted June 30, 2020 Can't wait for the summer if the takeover goes through. They'll be struggling to bring people in on free transfers and we'll be breaking our transfer record. Link to post Share on other sites More sharing options...
madras Posted June 30, 2020 Share Posted June 30, 2020 Colback signed for these yet? Theres absolutely no way Sunderland could afford Colbacks wages. He could probably buy them though. Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 Sounds as if they’re extending use of the furlough scheme until the eve of next season for all staff, players included, but they’re not topping up the outstanding 20%. Of course, the furlough scheme only pays 80% of the wages up to around £3k per month, so some of their players are going to be massively out of pocket. They'll have to start putting something in soon, as the government contribution starts reducing to 60% from August, isn't it? They could be screwed if there are still no crowds by October when the Furlough scheme is due to end, and they have to start paying everyone in full again. Footballers contracts are funny. As an employee in any other industry you could walk away and find alternative employment. If a player could do that then thry could lose just about anyone on their books. Could be a new 'Bosman' if someone challenges this maybe. But aye, Academy will probably be shut down. I don't think they own the Academy of Light and training facilities anymore. Interesting to think a new ruling could come in to play, I’m surprised it hasn’t been discussed more openly. If they don’t own them then they are in serious trouble. Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 Rumours thry are closing down the academy. Not even dropping it down a level or 2, but full on closure. The academy manager left today. Sticking the knife into their staff too so they don’t get addicted to furlough. https://www.sunderlandecho.com/sport/football/sunderland-afc/sunderland-afc-extend-furlough-scheme-staff-and-players-will-no-longer-top-staff-salaries-2899202 I think the combined rumour was he’s leaving and it’s shutting down. What came out later was he’s left, praised for keeping the L1 status and everyone is furloughed right through. So no one is exactly sure what is going but I believe if the academy isn’t staffEd in the summer then they’ll at least lose their L1 status. How true that is idk. Link to post Share on other sites More sharing options...
WarrenBartonCentrePartin Posted June 30, 2020 Share Posted June 30, 2020 They’re becoming self-aware! Link to post Share on other sites More sharing options...
Stifler Posted June 30, 2020 Share Posted June 30, 2020 Sounds as if they’re extending use of the furlough scheme until the eve of next season for all staff, players included, but they’re not topping up the outstanding 20%. Of course, the furlough scheme only pays 80% of the wages up to around £3k per month, so some of their players are going to be massively out of pocket. They'll have to start putting something in soon, as the government contribution starts reducing to 60% from August, isn't it? They could be screwed if there are still no crowds by October when the Furlough scheme is due to end, and they have to start paying everyone in full again. Footballers contracts are funny. As an employee in any other industry you could walk away and find alternative employment. If a player could do that then thry could lose just about anyone on their books. Could be a new 'Bosman' if someone challenges this maybe. But aye, Academy will probably be shut down. I don't think they own the Academy of Light and training facilities anymore. Interesting to think a new ruling could come in to play, I’m surprised it hasn’t been discussed more openly. If they don’t own them then they are in serious trouble. They do own them, they are just secured against the loan they got from FPP. Link to post Share on other sites More sharing options...
Newcastle Fan Posted June 30, 2020 Share Posted June 30, 2020 Can't wait for the summer if the takeover goes through. They'll be struggling to bring people in on free transfers and we'll be breaking our transfer record. Wasn't that what happened last summer? Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 Can't wait for the summer if the takeover goes through. They'll be struggling to bring people in on free transfers and we'll be breaking our transfer record. Wasn't that what happened last summer? Shit Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 Sounds as if they’re extending use of the furlough scheme until the eve of next season for all staff, players included, but they’re not topping up the outstanding 20%. Of course, the furlough scheme only pays 80% of the wages up to around £3k per month, so some of their players are going to be massively out of pocket. They'll have to start putting something in soon, as the government contribution starts reducing to 60% from August, isn't it? They could be screwed if there are still no crowds by October when the Furlough scheme is due to end, and they have to start paying everyone in full again. Footballers contracts are funny. As an employee in any other industry you could walk away and find alternative employment. If a player could do that then thry could lose just about anyone on their books. Could be a new 'Bosman' if someone challenges this maybe. But aye, Academy will probably be shut down. I don't think they own the Academy of Light and training facilities anymore. Interesting to think a new ruling could come in to play, I’m surprised it hasn’t been discussed more openly. If they don’t own them then they are in serious trouble. They do own them, they are just secured against the loan they got from FPP. We only have the dons word for that right now. God knows what he’s done to try and keep fpp at the table. Wouldn’t surprise me one bit that they’ve sold those assets outright. The bewks have been well and truly cewked. Link to post Share on other sites More sharing options...
midds Posted June 30, 2020 Share Posted June 30, 2020 Every single piece of news that comes out of that place is negative and screams that they're absolutely, completely, totally fucking potless. Like using some ticket money to refund other ticket money. Selling off nearly all of the young prospects for buttons. Downgrading the academy in the pipeline, furloughing as many for as long as possible etc. No idea what their plan is to stay afloat but I don't even think they've bottomed out yet, it'll get worse in the next few months if they can't pay their bills. Awful news. Link to post Share on other sites More sharing options...
Dokko Posted June 30, 2020 Share Posted June 30, 2020 Every single piece of news that comes out of that place is negative and screams that they're absolutely, completely, totally fucking potless. Like using some ticket money to refund other ticket money. Selling off nearly all of the young prospects for buttons. Downgrading the academy in the pipeline, furloughing as many for as long as possible etc. No idea what their plan is to stay afloat but I don't even think they've bottomed out yet, it'll get worse in the next few months if they can't pay their bills. Awful news. It’s funny when they keep saying ‘and I thought we hit rock bottom when...’ unable to realise more is coming their way. The bigger they are, the harder they fall, and these fuckers have fell through a gigantic sinkhole with all the things that apparently make them a big club weighing them down further. Mark Campbell is sniffing again and apparently in advanced talks. Out of the fire and in to the furnace. Link to post Share on other sites More sharing options...
relámpago blanco Posted June 30, 2020 Share Posted June 30, 2020 Can't wait for the summer if the takeover goes through. They'll be struggling to bring people in on free transfers and we'll be breaking our transfer record. Wasn't that what happened last summer? Shit Great summers every year now. Link to post Share on other sites More sharing options...
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