| €5m according to the BBC to get O’Neil 17:33 - Jun 23 with 5480 views | itfcjoe |
Should make people stop saying that this was the lazy, or easy option.
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| €5m according to the BBC to get O’Neil on 19:06 - Jun 23 with 1246 views | chicoazul |
| €5m according to the BBC to get O’Neil on 19:01 - Jun 23 by BlueMoon |
Have they mentioned salary? Hopefully it’s a reduction on Kieran’s - that was £3M / year wasn’t it? |
He was on much more than that. |  |
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| €5m according to the BBC to get O’Neil on 19:10 - Jun 23 with 1226 views | StokieBlue |
That's astonishing.
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| €5m according to the BBC to get O’Neil on 19:14 - Jun 23 with 1211 views | Swansea_Blue |
| €5m according to the BBC to get O’Neil on 19:10 - Jun 23 by StokieBlue |
That's astonishing.
SB |
Isn’t it just. I hope MA ends up very smug when this works out, but on paper it seems a ridiculous ‘deal’. Right up there with spending >£10M in the Championship for players who had quite little impact. |  |
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| €5m according to the BBC to get O’Neil on 19:15 - Jun 23 with 1195 views | WeWereZombies |
| €5m according to the BBC to get O’Neil on 17:56 - Jun 23 by brazil1981 |
If anywhere near true I would imagine it’ll be hugely performance related! If GON keeps us up he’ll deserve it! |
It's compensation to Strasbourg for the loss of a manager so I doubt it is anything other than a one off payment regardless of how he fares at Town. In accounting terms it is a sunk cost and hits the profit and loss account as soon as it is committed to, no depreciation or amortisation is applicable. |  |
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| €5m according to the BBC to get O’Neil on 19:16 - Jun 23 with 1192 views | JakeITFC |
I can’t find a definitive list but that must put him top 10 or so in terms of most expensive premier league manager hires ever (on a purely compensation only perspective)? |  | | |
| €5m according to the BBC to get O’Neil on 19:24 - Jun 23 with 1158 views | SuffolkPunchFC |
| €5m according to the BBC to get O’Neil on 18:13 - Jun 23 by Freddies_Ears |
If it is €5m and he is on a three-year contract, then we will amortise @ €1.67m (£1.5m, roughly) a year. |
You can’t amortise compensation payments. It all appears in the accounts for the year it was payed. |  | | |
| €5m according to the BBC to get O’Neil on 19:24 - Jun 23 with 1158 views | management |
| €5m according to the BBC to get O’Neil on 18:52 - Jun 23 by DJR |
If, as seems likely, McKenna takes a job at some stage, the suggestion is that we will get £8 million, so we will make a profit on the deal. |
My understanding is that it depreciates per month by 650k thus in Winter the amount would be approx 4m and in June 27 would be nil. | | | |
| €5m according to the BBC to get O’Neil on 19:35 - Jun 23 with 1122 views | SuffolkPunchFC |
| €5m according to the BBC to get O’Neil on 19:01 - Jun 23 by BlueMoon |
Have they mentioned salary? Hopefully it’s a reduction on Kieran’s - that was £3M / year wasn’t it? |
I’ll first caveat this with ‘nobody knows for sure’, but McKenna’s salary, after relegation clauses kicked in, was reported in the only article on Championship managers base remuneration as ~£1M for 25/26.
Rumours higher than this are normally pushed by some that have an agenda, and based on what was rumoured for 24/25 in the PL.
Presumably it would have increased again with promotion, if he’d hung around, but is looks likely that it was much less than some would like to claim it’s been for the past 12 months.
I suspect O’Neil will have a base that is a very small number of millions plus significant performance bonuses. | | | |
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| €5m according to the BBC to get O’Neil on 19:39 - Jun 23 with 1107 views | SuffolkPunchFC |
| €5m according to the BBC to get O’Neil on 19:16 - Jun 23 by JakeITFC |
I can’t find a definitive list but that must put him top 10 or so in terms of most expensive premier league manager hires ever (on a purely compensation only perspective)? |
I found a list for 24/25 which put him at about 12th out of 15 for the season in the PL. The other 5 were listed an unknown. It would have also reduced significantly for 25/26 (base). | | | |
| €5m according to the BBC to get O’Neil on 19:45 - Jun 23 with 1073 views | itfcsuth |
I don’t think it’s the lazy option, I think it’s lazy to say it’s the lazy option actually, because when you look into GON, and do a bit of a check on him, you can see there are clear pointers as to why he would be an attractive option.
It should be very much a blank slate for him, he’s had successes and failures as most have, looking forward to seeing what he does and can bring to the club, should have the absolute backing of all, and I’m sure he will.
The fee is what the fee is, £4.3m will prove to be a masterstroke or disasterstroke, but that is what Ashton is paid the big bucks for, to make them decisions. [Post edited 23 Jun 19:47]
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| €5m according to the BBC to get O’Neil on 19:49 - Jun 23 with 1056 views | DJR |
| €5m according to the BBC to get O’Neil on 19:04 - Jun 23 by SuperKieranMcKenna |
I thought that was only binding for the 12 months following his resignation, so would expect he’d sit it out to be a free agent? |
I must admit I hadn't picked up on the 12 month time limit. |  | | |
| €5m according to the BBC to get O’Neil on 20:21 - Jun 23 with 991 views | Leaky |
| €5m according to the BBC to get O’Neil on 18:52 - Jun 23 by DJR |
If, as seems likely, McKenna takes a job at some stage, the suggestion is that we will get £8 million, so we will make a profit on the deal. |
That's if we get £8m, the closer it gets to time running down we may take less. May depend on how O'Neil does at Celtic or West Ham if they are adrift of promotion. |  | | |
| €5m according to the BBC to get O’Neil on 20:40 - Jun 23 with 936 views | itfc_statman |
So an awful appointment is now an expensive one too.
Cheers for that. | | | |
| €5m according to the BBC to get O’Neil on 20:41 - Jun 23 with 936 views | NthQldITFC |
Five million?
Can't believe no-one's made the obvious connection yet, though I haven't checked in the Politics section...
(This ^ is a joke - I'm liking O'Neal more and more) |  |
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| €5m according to the BBC to get O’Neil on 20:47 - Jun 23 with 917 views | victorysquad |
difficult to pay anyone too much less without insulting them / de-motivating them fro the off. Especially after McKenna's contract value was widely known. | |
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| €5m according to the BBC to get O’Neil on 20:58 - Jun 23 with 872 views | stonojnr |
do you mean the compensation to Strasbourg, as I suspect, or the contract he is on ? as people do seem to be confusing the two.
4.3million GBP, its like only a few weeks back people were saying 8million wasnt a deal breaker or something like that ;) | | | |
| €5m according to the BBC to get O’Neil on 21:07 - Jun 23 with 863 views | suffolkpoker |
| €5m according to the BBC to get O’Neil on 17:49 - Jun 23 by tractordownsouth |
A very big investment. The same as a 25m signing on a 5-year deal in the accounts? |
Worse in our accounts as GON has no sell on value. It’s a huge investment and show of intent to gwt our man |  |
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| €5m according to the BBC to get O’Neil on 21:41 - Jun 23 with 808 views | andyblue231 |
We did it guys. We stole march on absolutely no-one, beat off zero competition and finally nailed our guy. A guy who joined his previous club 6 months ago on a free, made almost no impression whatsoever and who no-one was remotely bothered to lose.
That man is GON. Now the 10th most expensive manager in UK football history.
That's now £13.5 million pounds on Akpom, Kipre and O'neill.
Mark Ashton is an idiot prince and he will destroy us all. [Post edited 23 Jun 21:43]
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| €5m according to the BBC to get O’Neil on 21:57 - Jun 23 with 772 views | Mark |
There will presumably be costs to pay off McKenna's coaching staff too, whereas if he went to Fulham we would have received compensation. |  | | |
| €5m according to the BBC to get O’Neil on 22:04 - Jun 23 with 739 views | bluebud |
| €5m according to the BBC to get O’Neil on 21:41 - Jun 23 by andyblue231 |
We did it guys. We stole march on absolutely no-one, beat off zero competition and finally nailed our guy. A guy who joined his previous club 6 months ago on a free, made almost no impression whatsoever and who no-one was remotely bothered to lose.
That man is GON. Now the 10th most expensive manager in UK football history.
That's now £13.5 million pounds on Akpom, Kipre and O'neill.
Mark Ashton is an idiot prince and he will destroy us all. [Post edited 23 Jun 21:43]
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....and was interviewed for the last budgie job too |  | | |
| €5m according to the BBC to get O’Neil on 22:29 - Jun 23 with 688 views | FrimleyBlue |
| €5m according to the BBC to get O’Neil on 21:07 - Jun 23 by suffolkpoker |
Worse in our accounts as GON has no sell on value. It’s a huge investment and show of intent to gwt our man |
Does it come out of our psr pot or is it funds used like stadium developments |  |
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| €5m according to the BBC to get O’Neil on 22:43 - Jun 23 with 662 views | SuffolkPunchFC |
| €5m according to the BBC to get O’Neil on 22:29 - Jun 23 by FrimleyBlue |
Does it come out of our psr pot or is it funds used like stadium developments |
It’s no longer PSR, but yes it’s a cost towards SCR.
Edit: but will have insignificant impact for us given our currently extremely low wage bill in PL terms. [Post edited 23 Jun 22:45]
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| €5m according to the BBC to get O’Neil on 09:23 - Jun 24 with 478 views | Cheltenham_Blue |
| €5m according to the BBC to get O’Neil on 18:57 - Jun 23 by Guthrum |
When you say 'doesn't exactly scream success', what does that mean? Success in the forthcoming season will be avoiding relegation. O'Neil has done that twice with teams either newly promoted (like us) or struggling. |
I assume Kesgrave means that O'Neil hasn't won anything major, or is not a much wanted manager by more established Premier League sides. Something like that.
You know, exactly the sort of manager a side with one Premier league season in twenty five years should be able to attract. [Post edited 24 Jun 9:23]
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| €5m according to the BBC to get O’Neil on 09:24 - Jun 24 with 469 views | Benters |
| €5m according to the BBC to get O’Neil on 17:38 - Jun 23 by bazza |
In Ashton we trust !! Welcome Gary !! Uppa towen !! |
It’s an uppie from me! |  |
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| €5m according to the BBC to get O’Neil on 09:31 - Jun 24 with 430 views | WolfieAtTheBack |
| €5m according to the BBC to get O’Neil on 17:54 - Jun 23 by Kesgrave_Exile |
No it shows that was a f***ing stupid option. €5m is a ridiculous amount for a manager with a CV.that doesn't exactly scream success. |
You have to give him a chance now though at least until Christmas.
If we are bottom at the end of the year we can all pile on accordingly, but, until then it is not allowed I am afraid. [Post edited 24 Jun 9:32]
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