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PostPosted: Tue Mar 28, 2006 1:06 pm 
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Harry Vallence
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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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PostPosted: Tue Mar 28, 2006 1:19 pm 
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Bruce Doull
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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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PostPosted: Tue Mar 28, 2006 1:55 pm 
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Ken Hunter
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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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PostPosted: Tue Mar 28, 2006 2:52 pm 
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Robert Walls

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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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PostPosted: Tue Mar 28, 2006 2:55 pm 
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Harry Vallence
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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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PostPosted: Tue Mar 28, 2006 3:18 pm 
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Trevor Keogh

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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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PostPosted: Tue Mar 28, 2006 4:09 pm 
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Bruce Doull
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Forgot about that - rough morning.

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PostPosted: Tue Mar 28, 2006 4:10 pm 
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Bruce Doull
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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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PostPosted: Tue Mar 28, 2006 6:16 pm 
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Harry Vallence
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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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PostPosted: Tue Mar 28, 2006 7:34 pm 
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Bruce Doull
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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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