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He had a 3 years contract so 2:5 yrs to pay up , ? 30k pw so getting on for 4m
Hurst would have been on nowhere near that and I would be surprised if there was not some kind of break clause given the punt the club were taking on him.
Best guess would be that we pay up a years notice for all. Summing to about 500k all-in.
He had to be on at least 20k so that's still over 2.5m ?
Wasn't Mick on something closer to 15k p/w at best? I am working on the assumption PH got about half that.......which is about x25 more than he deserved.
There was a pay-off but not a huge one from what I gather. There'll have been a clause in the contract about a termination I assume.
I was told from a reliable source that he had a clause in his contract regarding our position at a certain milestone into the season which meant we could get shot virtually for nothing.
Wasn't Mick on something closer to 15k p/w at best? I am working on the assumption PH got about half that.......which is about x25 more than he deserved.
He was about 250k a year!
#SellUpMarcusEvans
#LambertOUT
// Sent from my iphone - which explains all the felling spuck ups
I was told from a reliable source that he had a clause in his contract regarding our position at a certain milestone into the season which meant we could get shot virtually for nothing.
I heard that too from a source at the club. Compensation would have been factored in by our league position when getting dismissed.
He had a 3 years contract so 2:5 yrs to pay up , ? 30k pw so getting on for 4m
Few sacked managers gets their contract paid up in full. Often a years money is paid until they find a new job. There will sometimes be a clause in a manager's contract that if they leave of their own accord they have to pay and if the club terminate the contact the club have to pay. I know of one man who was going to go to a club abroad and the deal said that if he left before the end of the contract he would pay €500,000. In the end the deal collapsed and he didn't go but this would have been the arrangement had he joined.
I was told from a reliable source that he had a clause in his contract regarding our position at a certain milestone into the season which meant we could get shot virtually for nothing.
I had heard similar and also a rumour that if we were bottom nothing would be paid out which, given what I've been told about a not enormous compensation payment having been due, I don't think can have been true.
Would surprise me if the point in the season when the axe came was a designated point for a break, I assume the international break would have been if such a clause existed. Think there will have been pay-offs to the other staff as well.
I had heard similar and also a rumour that if we were bottom nothing would be paid out which, given what I've been told about a not enormous compensation payment having been due, I don't think can have been true.
Would surprise me if the point in the season when the axe came was a designated point for a break, I assume the international break would have been if such a clause existed. Think there will have been pay-offs to the other staff as well.
As it was not for breach of contract then the club will be liable to the rest of his contract - that is not compensation by the way.
This is not usually paid as one lump sum but as per the original contract ie most likely monthly.
However two points should be noted. Any further managing contract would see that amount deducted from the contract he had with the club ie if he was o 10k a week with us, becomes manager at x club on 5k per week we would only be liable for the difference, 5k until his contract with us would have expired.
Wages within football a fairly well skewed towards bonuses, so wages quoted are all too often the maximum that could be earned. So what will be paid out to the Hurst and the others will be the basic wage.
I had heard similar and also a rumour that if we were bottom nothing would be paid out which, given what I've been told about a not enormous compensation payment having been due, I don't think can have been true.
Would surprise me if the point in the season when the axe came was a designated point for a break, I assume the international break would have been if such a clause existed. Think there will have been pay-offs to the other staff as well.
the version of the story Id heard,and Ive no idea if its anymore accurate than anyone elses, is October was a key break month in the contract, if he'd still been here next week, it would have cost alot more to pay off than him departing this week.
which clearly suggests the contract had targets and break clauses, all of which no doubt impacted on the amount of payoff.
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