ARE PLAYERS STILL MAKING $800,000 WEEKLY IN THIS SHUTDOWN
Posted: Tue Apr 21, 2020 2:49 am
Without weekly tickets sales, TV, Season ticket and merchandising if any won’t cover salaries
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PACTA SUNT SERVANDA- we are slaves to our contract. It’s businessjette1 wrote:Without weekly tickets sales, TV, Season ticket and merchandising if any won’t cover salaries
there are conditions deemed act of God and this falls under suchfuriously frank wrote:PACTA SUNT SERVANDA- we are slaves to our contract. It’s businessjette1 wrote:Without weekly tickets sales, TV, Season ticket and merchandising if any won’t cover salaries
Thats not how a force majeure clause works.jette1 wrote:there are conditions deemed act of God and this falls under suchfuriously frank wrote:PACTA SUNT SERVANDA- we are slaves to our contract. It’s businessjette1 wrote:Without weekly tickets sales, TV, Season ticket and merchandising if any won’t cover salaries
Don't know the intricacies of UK law but using the 1966 Transatlantic Fin. case if the season is canceled due to government restrictions remaining, there could be a case for using the force majeure.danfo driver wrote:Thats not how a force majeure clause works.jette1 wrote:there are conditions deemed act of God and this falls under suchfuriously frank wrote:PACTA SUNT SERVANDA- we are slaves to our contract. It’s businessjette1 wrote:Without weekly tickets sales, TV, Season ticket and merchandising if any won’t cover salaries
kalani JR wrote:
Don't know the intricacies of UK law but using the 1966 Transatlantic Fin. case if the season is canceled due to government restrictions remaining, there could be a case for using the force majeure.
https://law.justia.com/cases/federal/ap ... 12/264117/
Thats an issue of debate.The affected party will argue that its an 'unexpected' event and the other party will argue that a transmission of illness is not an unexpected event. Its not like we have not had a significant disease spread before, and not even too ling ago.There is an unexpected event - Covid
Finally performance is impracticable
While I don’t feel sorry for the so called big institutions I’m nonetheless with majority of the populace whom already feel that athletes are overpaid. Another school feel that their risks are worth every penny especially in America style violent football. No soccer player would morally make that argument seating at home collecting 80,000 weekly pay, contract apart - knowing fully well that your average fan Who buys stickers Season in season out or the stadium vendors make About or below minimum wage. The institution you speak about are those fan base hence they are not institutions at all. How many clubs are listed on the stock exchangedanfo driver wrote:There are a few issues. First, courts read force majeure clauses narrowly. And construction of the clause is very important. i.e- the way the clause is drafted is very important to its application.
Keep in mind, as well that clubs do have insurance policies. I dont really undertand why fans are feeling sorry for these big institutions.
kalani JR wrote:
Don't know the intricacies of UK law but using the 1966 Transatlantic Fin. case if the season is canceled due to government restrictions remaining, there could be a case for using the force majeure.
https://law.justia.com/cases/federal/ap ... 12/264117/Thats an issue of debate.The affected party will argue that its an 'unexpected' event and the other party will argue that a transmission of illness is not an unexpected event. Its not like we have not had a significant disease spread before, and not even too ling ago.There is an unexpected event - Covid
Finally performance is impracticable
How is performance impracticable? I think you are reading that clause to mean that performance, in this case, has to do with playing matches. Performance in that specific narrow clause of the contract has to do with payment of salary. The club will have to show that the club is unable to pay salaries. And in order to be unable to pay salaries, the club will have to open its books to show its financial incapacity. While many clubs have suffered serious financial damage, I can assure you that paying salaries is within their capacity at the moment. Additionally, the government has a public policy interest to make sure that employees get paid their salaries. Its not the employees fault that the employee is rich and their salary is high! The government wants people to get paid! If they dont get paid, they become a burden to the state.
Trust me, these clubs all have top top law firms representing them. if they could get around this, they would have done so long ago, rather than begging some players and blackmailing others to reduce their salaries.
The Ajax kid who collapsed on the pitch and went into comma, with his career finished, was he overpaid?jette1 wrote: While I don’t feel sorry for the so called big institutions I’m nonetheless with majority of the populace whom already feel that athletes are overpaid.
Aside from the Ajax guy, Marc Vivien Foe, Okwaraji, Aaron Ramsey and Djibril Cisse who saw his leg crushed twice!Another school feel that their risks are worth every penny especially in America style violent football.
You assume that players get paid for the work they do on a daily basis. A contract relies on the word done, during the life of the contract.No soccer player would morally make that argument seating at home collecting 80,000 weekly pay, contract apart -
First of, season tickets do not pay player's salaries. Secondly, the fan and the vendors should go and play football as well, so they can get paid a footballer's salary. No one has ever stopped a fan or vendor from trying to become a footballer. Additionally, no one has ever forced a fan to buy a season ticket. If you dont want to buy season ticket, watch the game on streaming. I have never bought season ticket in my life. In fact, the only time I have ever paid to watch my home team, Bendel Insurance, was because my father bought a ticket for me. Other times, I climbed fence to see the game.knowing fully well that your average fan Who buys stickers Season in season out or the stadium vendors make About or below minimum wage.
I think you have jumbled your question. When a club is listed on the stock market, it is likely owned by fans. However, most clubs are privately owned. Owned by rich men who have insured their clubs and are collecting insurance pay out.The institution you speak about are those fan base hence they are not institutions at all. How many clubs are listed on the stock exchange
You are pretty resolute in your religion and that's admirable and credit worthy to you however the unfortunate cases aren’t true representation of the general reside. Custodians and window washers or taxi drivers and military personal also die on the job but don’t cry me a river for them plsdanfo driver wrote:The Ajax kid who collapsed on the pitch and went into comma, with his career finished, was he overpaid?jette1 wrote: While I don’t feel sorry for the so called big institutions I’m nonetheless with majority of the populace whom already feel that athletes are overpaid.
let me paint a picture for you. If a player's performance brings in 100%, the club's take 70-80% and give the player less than 30-20%. It reminds me of how law firms bill clients and pay associates. They bill a client $450-$890 per hour for the work an associate does. On pay day, the Associate is probably making between $80-$150 per the hour the associate billed and the law firm pockets the rest.
Let me tell you the secret, absolutely NO PROFESSIONAL IN THIS WORLD is overpaid!
Aside from the Ajax guy, Marc Vivien Foe, Okwaraji, Aaron Ramsey and Djibril Cisse who saw his leg crushed twice!Another school feel that their risks are worth every penny especially in America style violent football.
You assume that players get paid for the work they do on a daily basis. A contract relies on the word done, during the life of the contract.No soccer player would morally make that argument seating at home collecting 80,000 weekly pay, contract apart -
How about those Americans who are sitting at home collecting unemployment checks, after being laid off? Should they be made to work before they get their unemployment payment? Also, what should the club do with the Insurance monies the club is collecting from insurance payment?
First of, season tickets do not pay player's salaries. Secondly, the fan and the vendors should go and play football as well, so they can get paid a footballer's salary. No one has ever stopped a fan or vendor from trying to become a footballer. Additionally, no one has ever forced a fan to buy a season ticket. If you dont want to buy season ticket, watch the game on streaming. I have never bought season ticket in my life. In fact, the only time I have ever paid to watch my home team, Bendel Insurance, was because my father bought a ticket for me. Other times, I climbed fence to see the game.knowing fully well that your average fan Who buys stickers Season in season out or the stadium vendors make About or below minimum wage.
I think you have jumbled your question. When a club is listed on the stock market, it is likely owned by fans. However, most clubs are privately owned. Owned by rich men who have insured their clubs and are collecting insurance pay out.The institution you speak about are those fan base hence they are not institutions at all. How many clubs are listed on the stock exchange
Let me also make this clear, I couldn't care less if the clubs were owned by the fans. My investments are also suffering the dire financial climate, that is the circumstances of the time in which we live.
jette1 wrote: You are pretty resolute in your religion and that's admirable and credit worthy to you however the unfortunate cases aren’t true representation of the general reside. Custodians and window washers or taxi drivers and military personal also die on the job but don’t cry me a river for them pls
whats your pointdanfo driver wrote:It seems Mesut has made use of a fraction of his 350k. I suspect this was from his check, which he received last week, and not the one from yesterday.
https://www.dailymail.co.uk/sport/footb ... madan.html
What shocks me is the sanctimonious fans who pretend that they dont know how the sports work. I tried to explain it using the law firm model, but still, some dont get it.Bigpokey24 wrote:nobody should take any paycut.. forget all these firms, when time come to pursue folks dem no send...milk them as much as you come
So what if they were? Why does it bother you?jette1 wrote:Without weekly tickets sales, TV, Season ticket and merchandising if any won’t cover salaries
Amazon, uber, ab&b,facebook etc dont produce the contents they profit on either but they provide the platform so did you just wake up from under a rock and become players advocatedanfo driver wrote:What shocks me is the sanctimonious fans who pretend that they dont know how the sports work. I tried to explain it using the law firm model, but still, some dont get it.Bigpokey24 wrote:nobody should take any paycut.. forget all these firms, when time come to pursue folks dem no send...milk them as much as you come
The players bring in 100% of the cash! Without them, that money doesnt come in. Instead, the club pays the player probably only 5% or less of that 100%. Not only do they get attacked for taking a fraction of the money they bring in, now, you want them to further cut down the fraction. When the players are in financial difficulties, do the clubs take a "cut" and provide the player with more money? Eboue was homeless and broke, his former clubs didnt do shaggga about it! smh
what?jette1 wrote:Amazon, uber, ab&b,facebook etc dont produce the contents they profit on either but they provide the platform so did you just wake up from under a rock and become players advocatedanfo driver wrote:What shocks me is the sanctimonious fans who pretend that they dont know how the sports work. I tried to explain it using the law firm model, but still, some dont get it.Bigpokey24 wrote:nobody should take any paycut.. forget all these firms, when time come to pursue folks dem no send...milk them as much as you come
The players bring in 100% of the cash! Without them, that money doesnt come in. Instead, the club pays the player probably only 5% or less of that 100%. Not only do they get attacked for taking a fraction of the money they bring in, now, you want them to further cut down the fraction. When the players are in financial difficulties, do the clubs take a "cut" and provide the player with more money? Eboue was homeless and broke, his former clubs didnt do shaggga about it! smh