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 Post subject: Our Trading Restrictions
PostPosted: Wed Oct 19, 2005 3:07 pm 
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Harry Vallence

Joined: Thu Apr 28, 2005 10:49 am
Posts: 1651
Much has been said about our lack of achievement during the trade period. However there has been a lack of discussion about what really determines your trading capability - cash! IMHO the club is still in financial strife and is struggling to make ends meet. The biggest cost to the club is players wages and perhaps this is what influenced its trading strategy - to keep costs down.

The following shows what l believe the club has saved (and yes more could of been saved if they had of shifted Lance/Fev off). Note these are my estimations and posters like Synbad, BlueVain, Bluemark may have more accurate details:

Wages Cost Savings:

Campo $500,000 (no contract 2006)
Lance $100,000 (wage drop)
McKernan $240,000 (finished paying his wages)
Beaumont $150,000 (finished paying his wages)
Morrell $120,000 (no contract 2006)
Clarke $100,000 (no contract 2006)
Johnson $120,000 (no contract 2006)
Norman $100,000 (no contract 2006)

Total $1,430,000

Additional Wages Cost

Fevola $200,000 (wage increase)
Saddington $220,000 (new contract 2006)
Waite $120,000 (wage increase)
Walker $100,000 (wage increase)
Scotland $ 50,000 (wage increase)
Livo $ 50,000 (wage increase)
DeLuca $ 50,000 (wage increase)

Total $790,000

IN my estimations we may have saved around $640,000. This will be offset obviously by contracting Lappin (if he stays), Teague (who wants an increase) and the possible recruitment of Dylan McClaren to start off with. Cash is tight and the $640,000 will help with our wages bill moving into 2006.


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 Post subject:
PostPosted: Wed Oct 19, 2005 3:17 pm 
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Alex Jesaulenko
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Joined: Sat Feb 26, 2005 9:00 am
Posts: 23123
Back in 2003 we had a massive amount of money promised in player contracts, about $12.5M.

By 2004 money contracted to players had dropped down to under $9M.

Through retirement of players and the offering of shorter 'market' based contracts, it seems like things are getting better.

Those numbers are just from memory, would have to check the club annual reports to confirm.

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 Post subject:
PostPosted: Wed Oct 19, 2005 3:25 pm 
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Bruce Comben
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Joined: Mon Feb 28, 2005 8:48 am
Posts: 44
RW

I think you are on the money :wink:

12 more months of this crap :roll:

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 Post subject:
PostPosted: Wed Oct 19, 2005 5:19 pm 
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Alex Jesaulenko
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Joined: Mon Mar 07, 2005 7:13 pm
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Location: Missing Kouta
Wasn't Harford also under contract for 2005 despite retiring last year :?:


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 Post subject:
PostPosted: Wed Oct 19, 2005 5:30 pm 
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Harry Vallence

Joined: Tue Mar 01, 2005 8:50 am
Posts: 1237
Good analysis, but you have forgotten to add in the minimum wage (aboput $50k each) for the four draftees.

SG

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 Post subject:
PostPosted: Wed Oct 19, 2005 6:26 pm 
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Mike Fitzpatrick

Joined: Mon Feb 28, 2005 5:28 pm
Posts: 4958
Interesting thread Rod.

The additional cost of this years draftees will probably be offset by further delistings to established players such as Bannister.

You forgot to add that Bowyer has retired.


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 Post subject:
PostPosted: Thu Oct 20, 2005 9:24 am 
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Harry Vallence

Joined: Thu Apr 28, 2005 10:49 am
Posts: 1651
Posters please feel free to add Bowyer, Harford, additional rookies, etc salaries.


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 Post subject:
PostPosted: Thu Oct 20, 2005 10:53 am 
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Ken Hands
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Joined: Tue Mar 01, 2005 7:27 am
Posts: 431
Location: Glen Iris
Livo $ 50,000 (wage increase) ?
DeLuca $ 50,000 (wage increase) ?
Geez, can I get a job at Carlton.
You go backwards and get a $50K increase.?

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 Post subject:
PostPosted: Thu Oct 20, 2005 12:52 pm 
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Robert Walls

Joined: Mon Feb 28, 2005 4:28 pm
Posts: 3768
Humpers wrote:
The additional cost of this years draftees will probably be offset by further delistings to established players such as Bannister.



Not if he's already contracted.


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 Post subject:
PostPosted: Thu Oct 20, 2005 1:07 pm 
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Ken Hunter
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Joined: Mon Feb 28, 2005 8:32 am
Posts: 10625
Between Bower & Harford's salaries we should cover our four National draftee's.

We are under the cap and have room to move but no takers. :shock:


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