buster. 5,199 Posted April 25, 2020 Author Share Posted April 25, 2020 (edited) 22 hours ago, Gaffer said: Back to our club though ... we need to drastically cut back starting TODAY. If we wait until other clubs and businesses start, we will not get the same value for our assets. We need to be having pragmatic discussions with all staff and players to negotiate huge reductions in salaries. We need to be making all players available for sale, but in such a way that gets maximum value (I.e. managing the perception of a fire sale). Even if players don't agree I think we need to cut what is paid anyway. We may end up in court but you have to be alive to be summoned there. Actually the club has a huge opportunity here too, but,only if it acts right now. Ann Budge seems to be telling the players to take a cut now or contract will be suspended. i wish there was an option other than a temporary wage cut but after careful consideration it is the only way for the club to proceed with financial certainty. having paid the players’ wages in full for march, i have written to them today to request the formal notification of their acceptance of the temporary wage cut proposed in order that we can process salaries next week. i remain hopeful that the players will accept for the reasons outlined above, as the only viable alternative is that their contracts remain suspended under clause 12 of the standard spfl contract which means that they will not receive any wages during the period of suspension. to reiterate, this is the least palatable of the viable options available to us and even if this is ultimately the route we have to take, we would continue to be open to dialogue with individual players on a month-by-month basis. https://www.heartsfc.co.uk/news/article/chairmans-update Edited April 25, 2020 by buster. 1 Quote Link to post Share on other sites More sharing options...
Gonzo79 15,294 Posted April 25, 2020 Share Posted April 25, 2020 I'm not sure Budge sets a good example* of how to run a football club but she may be on the right track in this instance. *Main Stand issues, Levein still on the payroll, banning fans for next to nothing etc. 0 Quote Link to post Share on other sites More sharing options...
buster. 5,199 Posted April 25, 2020 Author Share Posted April 25, 2020 5 minutes ago, Gonzo79 said: I'm not sure Budge sets a good example* of how to run a football club but she may be on the right track in this instance. *Main Stand issues, Levein still on the payroll, banning fans for next to nothing etc. The word in Gorgie is that Ann has reading up on what Gafferposted. 1 Quote Link to post Share on other sites More sharing options...
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