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Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 9:52 pm
by Vim Fuego
Pace must be working this out
How long is VK contract for ?
And how much is he on per year?
And what about that recruitment firm he has part ownership of and how much bearing does that have on things?
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 9:59 pm
by boatshed bill
More than you can afford for starters
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 10:13 pm
by Vim Fuego
Bit of an assumption that
At least I don't owe a ton of money to banks like some folk related to our club
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 10:17 pm
by pureclaret
Vim Fuego wrote: ↑Sat Feb 24, 2024 10:13 pm
Bit of an assumption that
At least I don't owe a ton of money to banks like some folk related to our club
But are you a Billionaire with claret coloured glasses and prepared to be lose £500,000,000 per year if yes get your money in if not, well not really asumption
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 10:56 pm
by Vim Fuego
How much ?
Simple questions need simple answers
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 11:01 pm
by summitclaret
Enough to bankrupt us I would think.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 11:06 pm
by Jakubclaret
There's enough fans onside willing to give VK another crack next season so pace doesn't have to do anything & maybe even next season if things go according to plan he still doesn't need to do anything. I think VKs job is safe.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sat Feb 24, 2024 11:17 pm
by Rumpelstiltskin
Whatever it costs Get Rid !
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 12:30 am
by forzagranata
Assuming he is on similar if not more money to Dyche's final deal - and knowing that he has four years left on his contract - it would cost somewhere between 16 and 20 million quid for VK alone.
That doesn't include the payoffs for all his staff if they were also to depart.
Then you would have to commit several million more to recruit the new manager and his staff.
Of course the pay-off would be reduced significantly if he quickly got another job.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 12:36 am
by GodIsADeeJay81
4yrs left on his deal
We don’t know the wage/bonus terms of his deal and we don’t know termination part of his contract ie does he get lump sum upon dismissal
We can assume that he’d be paid until he got a new job, like most managers are and that included Dyche
Then there’s his staff
In regards to the recruitment aspect, you’d assume that would be an entirely separate deal that isn’t reliant on VK being the manager of the club
Oh and people thought the club couldn’t afford to sack Dyche, but they did so they can afford to sack Kompany if they wish to do so
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 12:41 am
by JR1882
Most long term contracts have an agreed termination amount.
Or you continue to pay him his wage until he finds another job.
They are usually the options.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 5:29 am
by Jakubclaret
GodIsADeeJay81 wrote: ↑Sun Feb 25, 2024 12:36 am
4yrs left on his deal
We don’t know the wage/bonus terms of his deal and we don’t know termination part of his contract ie does he get lump sum upon dismissal
We can assume that he’d be paid until he got a new job, like most managers are and that included Dyche
Then there’s his staff
In regards to the recruitment aspect, you’d assume that would be an entirely separate deal that isn’t reliant on VK being the manager of the club
Oh and people thought the club couldn’t afford to sack Dyche, but they did so they can afford to sack Kompany if they wish to do so
Affording 1 doesn't mean they are in a position to repeat the same trick or are inclined to. Maybe they can or maybe they can't. it's well acknowledged without being 100% certain that it wouldn't be cheap due to the length & a decision not taken lightly that much we can be sure about.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 7:50 am
by Quickenthetempo
Basically the cost would be what you paid the new manager +staff, as we would just keep paying Vinnys contract.
He would likely get a new job somewhere soon with his name name and last years performance.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 9:43 pm
by Vim Fuego
So... Binary answers only
How much does it cost to pot him?
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 9:53 pm
by Westleigh
Why not just sack him ,and let the rest of his team resign.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 11:11 pm
by summitclaret
From what I understand he is on significantly more than Dyche was.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Sun Feb 25, 2024 11:16 pm
by Foshiznik
Wasn’t there something on some football finance podcast that the average payout was £2.5m and average paid to take someone from another club was £3m? If I’ve made that up I do not know why those figures are in my head.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 8:38 am
by evensteadiereddie
Irrelevant question. VK is going nowhere, thank God.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 8:42 am
by StayingDown4Ever
forzagranata wrote: ↑Sun Feb 25, 2024 12:30 am
Assuming he is on similar if not more money to Dyche's final deal - and knowing that he has four years left on his contract - it would cost somewhere between 16 and 20 million quid for VK alone.
If only some other idiot would sign Trafford for what we paid for him we could kill two birds with one stone and have them both out the door!
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 9:09 am
by bfcjg
Trafford wasn't first choice though if you recall we were after other keepers but missed out.re Kompany he knows he's made a massive mess of this season, he's enough credit in the bank to get us back up and rectify his mistake. Elite sportsmen like to win I think he has earned that.
Who's to say a new manager wouldn't be forced from above to be a conveyer belt club.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 3:29 pm
by South West Claret.
Good question.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 3:30 pm
by Superjohnnyfrancis
Hopefully we’ll find out soon
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 3:32 pm
by clansman
Has he just resigned?
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 4:04 pm
by Paul Waine
Vim Fuego wrote: ↑Sat Feb 24, 2024 9:52 pm
Pace must be working this out
How long is VK contract for ?
And how much is he on per year?
And what about that recruitment firm he has part ownership of and how much bearing does that have on things?
I recommend you get the bucket collection going on Sunday. If the fans can raze £10 million or more, maybe there's a conversation you can have with Alan Pace - and Vincent Kompany.
UTC
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 4:31 pm
by summitclaret
Paul Waine wrote: ↑Mon Feb 26, 2024 4:04 pm
I recommend you get the bucket collection going on Sunday. If the fans can raze £10 million or more, maybe there's a conversation you can have with Alan Pace - and Vincent Kompany.
UTC
About four times that needed and that's just for him.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 4:31 pm
by Westleigh
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 4:41 pm
by Superjohnnyfrancis
I was just about to organise the leaving party as well!
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 4:51 pm
by agreenwood
Someone on UTC who has never seen VK’s contract or been able to establish whether there’s a termination clause of a lower value than the sum of his remaining wages, speculates that we’d have to pay up his entire contract and…. Voila!….suddenly the UTC cognoscenti have settled on £20m.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 4:55 pm
by blatherwickstattoos
Dread to think what the combined cost of dyche and his back room staff and then kompany would cost all together! In just 2 years . I think we are stuck with kompany until he walks(low possibility) or we start off bad in the championship next season (high possibility)
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 4:57 pm
by claretonthecoast1882
agreenwood wrote: ↑Mon Feb 26, 2024 4:51 pm
Someone on UTC who has never seen VK’s contract or been able to establish whether there’s a termination clause of a lower value than the sum of his remaining wages, speculates that we’d have to pay up his entire contract and…. Voila!….suddenly the UTC cognoscenti have settled on £20m.
That's how it works, doesn't matter what you put on the internet there is always someone who will believe it
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 5:14 pm
by Shaggy
Doesn’t matter what it costs he has failed spectacularly and for the good of the club has to be relieved of his duties.
It wouldn’t cost as much as people think anyway as a Watford type club is always round the corner to take a punt on Kompany
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 9:35 pm
by Westleigh
agreenwood wrote: ↑Mon Feb 26, 2024 4:51 pm
Someone on UTC who has never seen VK’s contract or been able to establish whether there’s a termination clause of a lower value than the sum of his remaining wages, speculates that we’d have to pay up his entire contract and…. Voila!….suddenly the UTC cognoscenti have settled on £20m.
I assume he was on £5 mill a year ,so if he had a decent agent he’d want all his contract paid up ,and voila ( just because you’ve done first year French ) it would cost £5 mill.c’est la vie .
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Mon Feb 26, 2024 11:26 pm
by Vim Fuego
A lot then yeah.
Will be a big part of the decision making won't it though. As well as that recruitment firm question - that hovers in a murky sort of way.........
Along with how how much money could be made out of Vincent bringing us back up. That is the important part. So he won't be sacked just yet. Cos the decision makers think he can deliver that gravy. As proven previously.
Or can he ? It is not the same as last time is it. A lot of the old regime blended well into that promotion. Plus loan lads.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 12:43 am
by mybloodisclaret
I don't think it's a relevant question tbh. Yes we are all massively frustrated and probably feel let down, but there isn't a single manager out there who I would rather start next season with.
Let's see what money comes in and who leaves in the summer.
Last season was freakish, we were one of the classiest teams the Championship has ever seen, built on a load of unknown players and players who weren't getting in a look in (loans).
I am confident he can do it again, he knows his stuff he has just made too many tactical / selection mistakes but i'm sure he will get there.
To answer the question.... circa £12 mill. What a ridiculous waste of money that would be.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 8:24 am
by NewClaret
Westleigh wrote: ↑Mon Feb 26, 2024 9:35 pm
I assume he was on £5 mill a year ,so if he had a decent agent he’d want all his contract paid up ,and voila ( just because you’ve done first year French ) it would cost £5 mill.c’est la vie .
You really don’t understand how termination clauses in contracts work, do you?
No club in the world pays out entire contracts up front and generally won’t pay the full remaining liability at all.
There will be two scenarios, as JR1882 and GIADJ pointed out:
1. A lump sum payment. That might be a year (25%) of the remaining contract term. Kompany may opt for that if he’s hopeful he’ll be back in work very quickly.
2. He remains on payroll until he finds another role. So in Dyche’s case, he was probably paid out 9 months, not 4 years. As Matt Williams said, despite our challenging year this year, clubs in Germany and France would snap their hands off for Kompany’s he will not be out of work long.
The contract will determine whether both options exist and if so under what circumstances either are actioned. There will also be performance-related clauses to protect the club so they pay less if certain performance metrics are not achieved.
Matt Williams and Pace will be well-versed on contract negotiations and even if they weren’t our lawyers will be paid to draft a contract that protects our interests as well.
It’s not that hard to understand, so no need for any hysteria.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 8:26 am
by claretonthecoast1882
NewClaret wrote: ↑Tue Feb 27, 2024 8:24 am
You really don’t understand how termination clauses in contracts work, do you?
No club in the world pays out entire contracts up front and won’t pay the full remaining liability at all.
There will be two scenarios, as JR1882 and GIADJ pointed out:
1. A lump sum payment. That might be a year (25%) of the remaining contract term. Kompany may opt for that if he’s hopeful he’ll be back in work very quickly.
2. He remains on payroll until he finds another role. So in Dyche’s case, he was probably paid out 9 months, not 4 years. As Matt Williams said, despite our challenging year this year, clubs in Germany and France would snap their hands off for Kompany’s he will not be out of work long.
The contract will determine whether both options exist and if so under what circumstances either are actioned. There will also be performance-related clauses to protect the club so they pay less if certain performance metrics are not achieved.
Matt Williams and Pace will be well-versed on contract negotiations and even if they weren’t our lawyers will be paid to draft a contract that protects our interests as well.
It’s not that hard to understand, so no need for any hysteria.
It was the same with Dyche and now with Kompany, some don't get it. Sadly what happens is it becomes the truth the more people say it.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 8:28 am
by NewClaret
claretonthecoast1882 wrote: ↑Tue Feb 27, 2024 8:26 am
It was the same with Dyche and now with Kompany, some don't get it. Sadly what happens is it becomes the truth the more people say it.
Honestly it’s weird how some people simply have no grasp of simple things like this and need it explained time and time again.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 9:02 am
by Westleigh
NewClaret wrote: ↑Tue Feb 27, 2024 8:24 am
You really don’t understand how termination clauses in contracts work, do you?
No club in the world pays out entire contracts up front and generally won’t pay the full remaining liability at all.
There will be two scenarios, as JR1882 and GIADJ pointed out:
1. A lump sum payment. That might be a year (25%) of the remaining contract term. Kompany may opt for that if he’s hopeful he’ll be back in work very quickly.
2. He remains on payroll until he finds another role. So in Dyche’s case, he was probably paid out 9 months, not 4 years. As Matt Williams said, despite our challenging year this year, clubs in Germany and France would snap their hands off for Kompany’s he will not be out of work long.
The contracti will determine whether both options exist and if so under what circumstances either are actioned. There will also be performance-related clauses to protect the club so they pay less if certain performance metrics are not achieved.
Matt Williams and Pace will be well-versed on contract negotiations and even if they weren’t our lawyers will be paid to draft a contract that protects our interests as well.
It’s not that hard to understand, so no need for any hysteria.
Thankyou for patronisingly putting me straight ,if it turns nasty VK would take us for as much as he could.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 9:08 am
by daveisaclaret
I think it's beautiful to see everyone from the most positive to the most negative posters coming together over the shared passion of not having a clue how much it would cost and not letting that be a barrier to making **** up.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 10:42 am
by NewClaret
Westleigh wrote: ↑Tue Feb 27, 2024 9:02 am
Thankyou for patronisingly putting me straight ,if it turns nasty VK would take us for as much as he could.
I’m not patronising you, you’re embarrassing yourself if you
really think managers walk away with the full amount of a contract paid out in full. I actually don’t believe you or anyone else is that daft to believe that, tbh.
If things turn out nasty (there’s no suggestion at all that they will), he will not ‘take us’ for anything. He’ll just receive the sums pre-agreed in the termination clauses in his contract which he will be entitled to.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 11:21 am
by Westleigh
NewClaret wrote: ↑Tue Feb 27, 2024 10:42 am
I’m not patronising you, you’re embarrassing yourself if you
really think managers walk away with the full amount of a contract paid out in full. I actually don’t believe you or anyone else is that daft to believe that, tbh.
If things turn out nasty (there’s no suggestion at all that they will), he will not ‘take us’ for anything. He’ll just receive the sums pre-agreed in the termination clauses in his contract which he will be entitled to.
So the clubs told you that have they?,or have you a private line to VK ,you probable know as much or as little as everyone else.
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 3:06 pm
by Holtyclaret
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 3:17 pm
by Claretnick
Westleigh wrote: ↑Tue Feb 27, 2024 11:21 am
So the clubs told you that have they?,or have you a private line to VK ,you probable know as much or as little as everyone else.
Frankly, if the club haven't agreed contracts with VK and his staff that cover all angles on termination, then the club deserve to be taken to the cleaners..
Re: Pertinent questions: How much does it cost to sack VK?
Posted: Tue Feb 27, 2024 3:29 pm
by Holtyclaret
From what I can remember reading, VK’s package last season was £2.5m pa upgraded to circa £4.5m pa now (similar to Dyche before he left).
It’d be a damn sight cheaper to sack him as a championship manager assuming he returns to champ salary following relegation.
Some of the ideas on this thread that’d it’d cost £10 - £40m to sack him are bizarre but hilarious.
Not that he’s going anywhere for at least 8-9 months I’d expect.
Ps. As anyone on here ever heard of a company or sports club that can’t financially afford to sack an employee?
