It's a rolling contract, with a three year term, though I'm not sure of the mechanics of how that actually works.
So both parties have to agree to 'roll' the contract for next season ? And if so I assume the date for that is June 30th ?
I would expect the contract to explain what happens if either party wishes to end the contract before its renewed. Clauses about termination would seem sensible.
He signed his initial contract on 8th June, but I've no idea what the actual dates on the contract are.
If the Allams didn't spend any money on player recruitment would they be able to pocket enough to match the supposed £100 million they are asking for to sell the club? I know that £170 million is what promotion was said to be worth through the play-offs. So, how much of that would have to go on salaries for the existing squad, money still outstanding for past players bought, etc?
If we didn't sign a single player and just went with what we've already got, they could probably pull out up to £40m, which is only half their debt (as listed in the last accounts). Though we'd almost certainly be relegated, which would make it difficult to get back their other £40m and pretty much impossible to make a profit.
Someone did, they sacked the manager and took over themselves, though I can't remember who. It was someone dodgy who was trying to buy another club that was in difficulty, I seem to remember Oxford being involved, but I can't find anything on it now.
Here's one recently http://www.telegraph.co.uk/sport/fo...an-Lee-Power-appoints-himself-as-manager.html
Jesus H Christ Lambo. How can you confuse them? The posh ****s in Cambridge are much less ****y than the posh ****s in Oxford. Actually, yeah ok, they are similar.