Terry_dactyl
Well-Known Member
I didn’t know that about severance pay.Severance
www.owlstalk.co.uk
Interesting article/discussion about severance play for players on Sheff Wed forum - which I confess I never knew about.
Ties in with cashflow issues for clubs, and why some clubs may be holding off signing players for as long as possible, to avoid wage costs. For example if we were to sign 6 players averaging £6k a week, then 'delaying' for a month saves the club circa £150k, albeit risks losing a player/ giving them less time for the manager to work with. Where budgets are really tight, some clubs must be adopting this approach. I notice Portsmouth seem to be selling almost every other player in their squad, but have barely recruited!
As you say makes ties in with why clubs maybe delaying.
Its clear the decks time at Pompey. I understand they’ve offered a few players contracts reduced wages but most have turned them down, including Watmough who is decent, albeit had some serious injuries…think he’s joined Wigan.
they’re lumbered with John Marquis who has been poor since rejoining. there’s been some talk of Curtis leaving.
I think financially they should be fine. Their owner is rich enough, just prudent. They’ve been heavily linked with Jayden Stockley, which might hint that they’re doing ok.