So "find a way" means £5million? Well, that's me convinced.
Rangers v Celtic
- Thread starter Ciaran
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Yes I do. Ange has over a year left on his contract so Celtic are being compensated to release him.He has less than 12 months left on his contract.
Do you think Levy is going to pay 5 x what he is currently on?
You clearly don't know Levy.
It's not a buy out clause
It's the asking price for a manager with over a year left on his contract
It's the Telegraph that's reporting £5m
A rolling year contract, just by definition can never have "over a year left".
I like Mindy.
As your keeper has just told us all, the 12 months resets on the 1st of every month, therefore the 12 month rolling contract reset to 12 months, 4 days ago. That means he will have 12 months minus 4 days left on his contract, which is less than a year, YOU ****ING IDIOT!!!!
I still like Mindy.
Then it can never have less than a year if that's your understanding
What I know is that it's much like a fixed term contract that has a clause to roll on for another year at a fixed point in time.
So in when Celtic announced Angefest in Australia its probably around the month or so after renewal clause
Therefore if Ange signed in August and it's rolled over in say February then he has over a year in his contract. The remaining time up to the roll over date then the roll over year.
And you seem to be missing out the 12 months part or the "12 months rolling contract", which I am guessing is pivotal in meaning that it is impossible to have more than a year on your contract.
It is reset on the 1st of every month unless one of the parties says otherwise, so of course it can be less than a year.
I like Mindy, but he is dense as ****.
Good comeback, have you ever thought about being a lawyer?
Nobody is negotiating their contract every month
"However, this is not the case: a 12 Month Rolling Contract is a 12 Month Fixed-term Contract, as defined in the second section above, that includes clauses under which each party can ask the other to renew it, or “roll it over”; either party can decide not to renew and there is no obligation on either side to pay compensation in such a case.
Thus, a typical Fixed-term Rolling Contract will normally include a date at which both parties should indicate whether they wish the contract to roll over at the termination date; this will often be set some months earlier than termination rather than being something like 30 days and allows each party sufficient time to find alternative employment or employees.
There is no limitation to what clauses can be added to such fixed-term rolling contracts and it is perfectly possible to add events such as promotion or relegation to the rollover decision.
Of course a normal Fixed-term Contract can be renewed when it ends but the benefit of the Rolling Fixed-term Contract is that both parties declare their intentions well in advance. Many a football manager/coach has been left in limbo until late in the season by indecisive club owners and Chairmen; the rolling contract helps to minimise this by allowing discussions between both parties to occur early and plans to be laid."
They don't negotiate it, unless one of the parties want the 12 months to run down and one just says, I want to quit or I don't want to employ you anymore.
**** up you idiot
I'm leaving
Don't
Ok
"Negotiations"
Now read the rest of that post