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| Anyone else had this thought??? http://www.talkingcarlton.com/phpBB3/viewtopic.php?f=2&t=9003 |
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| Author: | steve [ Tue Mar 28, 2006 1:06 pm ] |
| Post subject: | Anyone else had this thought??? |
Collo recently brought up the issue of Kouta's contract again. The club has been stating that they'll be cashflow neutral next year. The club had an operating loss of around $1 million last year. Anyone else thinking that this grand 3 year plan was to cut costs year 1, and then wait until Kouta's contract expired, and then hey presto, we're cashflow neutral. If so it's a pretty pissweak plan... |
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| Author: | jimmae [ Tue Mar 28, 2006 1:19 pm ] |
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Can't remember the exact figures but Kouta is supposedly earning $1 million this year. The cap is heading towards 7 million, and you have to spend over 90% of the cap total or it's a breach of rules. 1/7 * 100 = about 14.3% That's not the plan. |
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| Author: | dannyboy [ Tue Mar 28, 2006 1:55 pm ] |
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I was thinking I reckon Collo and the board and stealing money! And Kouta never injured his knee and SOS could have played til he was 50 if he wanted to. |
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| Author: | BlueWorld [ Tue Mar 28, 2006 2:52 pm ] |
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jimmae wrote: Can't remember the exact figures but Kouta is supposedly earning $1 million this year. The cap is heading towards 7 million, and you have to spend over 90% of the cap total or it's a breach of rules.
1/7 * 100 = about 14.3% That's not the plan. Only 1/2 of that goes into the cap though. |
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| Author: | steve [ Tue Mar 28, 2006 2:55 pm ] |
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You have to spend 92.5% of the cap, so using the previous maths and adjusting it for Kouta's veteran status: 0.5/7*100 = 7.14% which is less than 7.5% you are not obliged to spend. In theory it could be the plan. |
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| Author: | ballistic blues [ Tue Mar 28, 2006 3:18 pm ] |
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John Elliot was using The Carlton Football Clubs money to fight his own legals battles now that im sure of. |
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| Author: | jimmae [ Tue Mar 28, 2006 4:09 pm ] |
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Forgot about that - rough morning. |
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| Author: | jimmae [ Tue Mar 28, 2006 4:10 pm ] |
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steve wrote: You have to spend 92.5% of the cap, so using the previous maths and adjusting it for Kouta's veteran status:
0.5/7*100 = 7.14% which is less than 7.5% you are not obliged to spend. In theory it could be the plan. The cap is 6.8 though isn't it? Or 6.3? If it's 6.3 that's more than the minimum. |
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| Author: | steve [ Tue Mar 28, 2006 6:16 pm ] |
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ok, but the point is, from where I'm sitting at the moment, this seems to be at least a large part of the plan... |
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| Author: | jimmae [ Tue Mar 28, 2006 7:34 pm ] |
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It certainly would take a chunk away but then you've go to consider all these young players coming through, contract extensions, contract renewals. After this season quite a few of them could be well within their rights to expect a pay rise. So it might work out no different. |
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