I didn't say his contract expired, I asked why he would sign a new deal with them particularly if he had offers elsewhere and he could move for free. Why would you willingly choose to not get paid just out of some notion of loyalty to an employer who has broken laws by not paying you? Boot licking in the extreme.
Your comment read as if you thought his contract expired and he walked away. Would agree in most industries but think football is a bit different. Above all players owe loyalty to the fans and players get paid enough really, not like they will be facing financial hardship.
I said he was able to walk away for free because his contract was broken by virtue of the fact he hadn't been paid twice. Why would he extend terms with Wednesday? If you had the opportunity to walk away with no restrictions why would you re-impose those restrictions? I presume if he had decided to stay, he couldn't have just walked away in January because of the previous missed payments prior to Summer? It would have 'reset'. Who are you to say what players will and won't be facing? They all have financial commitments and to suggest that a player could just walk away tomorrow and have no money issues is rather naive.
I agree, maybe wages shouldn't exceed say for example 50% or 60% of turnover, as I would say most of the club's problem is the wage bill.
Even though their fans mocked our situation around 2016, I never like to see clubs in financial position, and as other have said most clubs are only a bad owner away from a similar fate.
There will be serious interest now as the price is cheap. Someone could soo. Turn that club round. But they are best getting relegated then have no restrictions.
As he's probably a major creditor does Chansiri have a say on what offer the administrator will accept?
Pretty certain not. Usually end up with 13-17p in the pound but that goes for all the share holders so the small stake fans lose most of their cash. No idea why he ran Wednesday into the ground.
I seem to recall that when Adam Pearson took us over secured creditors had to vote to accept his pence in the pound offer. I also seem to recall it wasn't simply a majority had to accept, it was a highish percentage figure.
I think I must have misread... but found this.... Chansiri, the owner, is refusing to fund the club, and is also asking a ridiculous price to sell as a going concern. It does look really bad ...
The administrator has said they have been inundated with interest and they are building a data base to filter the interested parties (?)
the EFL committee should all resign over this, disgraceful mismanagement. Where is the new football commissioner in all this
1. He's rich and not been convicted of anything financial so they presume he will be fit and proper. 2. They are still working on it.
