Also furlough only covered 80% up to 2500 a month. So the difference is a lost more than 20% for almost every player.This quote is hidden because you are ignoring this member. Show Quote
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Thread: Official Site: CLUB UPDATE
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21-06-2020 01:46 PM #841
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21-06-2020 01:48 PM #842This quote is hidden because you are ignoring this member. Show Quote
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21-06-2020 02:54 PM #843This quote is hidden because you are ignoring this member. Show Quote
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21-06-2020 03:29 PM #844This quote is hidden because you are ignoring this member. Show Quote
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21-06-2020 03:34 PM #845
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21-06-2020 03:38 PM #846This quote is hidden because you are ignoring this member. Show Quote
'It hinges on wage cuts' - analysis
BBC Radio Scotland's Sportsound presenter Richard Gordon
They're talking about the highest earners taking a temporary cut equivalent to about 15-20%. They had deferrals already in place, and they're going to be paid in full next May. But this is a cut that will last for whatever period of time is agreed.
I think they're hoping to get that black hole of losses down from £10 to nearer £4m, and it would appear it hinges on wage cuts. They're hoping to make no redundancies at all, and it would not affect any employee earning less than £30,000 a year.
It is a wee bit disingenuous to say they have made the savings - until the players accept some rather large wage cuts.............and they are cuts, not deferrals.............then they cant make these savings.
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21-06-2020 03:56 PM #847This quote is hidden because you are ignoring this member. Show Quote
The Club can afford it more now than they could do a few months back, as the final SPFL money is in, and ST sales have picked up quicker than they would have expected back in March.
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21-06-2020 04:32 PM #848This quote is hidden because you are ignoring this member. Show Quote
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21-06-2020 04:41 PM #849This quote is hidden because you are ignoring this member. Show Quote
The deferred portion of salaries will come at a later date when the club is back on an even keel.
The figure isn't going to be 20% either. JRS pays 80% 'up to £2500 a month'... Every senior player will be on significantly more than that.
Player X agrees a deferral from £8000 a month to £6000 a month = govt paying £2500 and the club adding £3500. Player X gets the £2000 a month he has missed at a later date when the club can afford it.
JRS will be over now that they are back to work, with Hibs paying player X the agreed temporary cut of £6000, while negotiations over further reductions in costs go on.
Surely that's how it works...Last edited by number9dream; 21-06-2020 at 05:51 PM.
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21-06-2020 06:24 PM #850This quote is hidden because you are ignoring this member. Show Quote
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21-06-2020 06:30 PM #851This quote is hidden because you are ignoring this member. Show Quote
United we stand here....
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21-06-2020 07:16 PM #852This quote is hidden because you are ignoring this member. Show Quote
If not there is no comparison to made if Hibs have actually promised this to their staff.
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21-06-2020 09:24 PM #853This quote is hidden because you are ignoring this member. Show Quote
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08-08-2020 10:12 PM #855
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09-08-2020 09:00 AM #856
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