Question about a fan takeover

[Bruce Rioja]

Managed to dig out this:

Article 13 of FIFA’s Regulations on the Status and Transfer of Players (“the RSTP”) provides that a contract between a player and a club can only be terminated on expiry of the term of the contract or by mutual agreement.However, Article 14 of the RSTP allows for a contract to be terminated without any consequences “where there is just cause.”

Non-payment of wages can constitute just cause for termination of the contract given that a club’s obligation to pay a player’s wages is its main obligation as an employer and if this obligation is breached, it can cause the employee’s confidence in the employer to perform the terms of the contract to be lost6. It is common for the parties to agree when the player is entitled to terminate his contract by stipulating this in the contract. For instance, in the standard Premier League contract7, the player is entitled to terminate his contract if the club has failed to pay any remuneration due to the player within fourteen days from the date on which the player has provided notice to terminate the contract. In the absence of such a clause, jurisprudence from the Court of Arbitration for Sport (“the CAS”), see below, confirms that a player must satisfy two conditions in order to prove that he had just cause to terminate the contract as a result of unpaid wages.

First, the outstanding payments must not be trivial or insubstantial thus they must have been in arrears for a considerable amount of time and/or add up to a considerable amount8. The RSTP commentary provides an example to illustrate when non-payment of wages is serious enough to constitute just cause to terminate the contract by referring to a situation where a player has not been paid his salary for more than three months.

Interesting stuff.

[thebish]

They've been paid and delivered feck all for ages. Anyone who refuses is a first class c*nt.

[bobo the clown]

Isn't there some law/rule that allows a player to terminate their contract if they haven't been paid for x amount of time? Didn't that happen somewhere or have I dreamed it up?

Not 100% on this I think it's if a club goes into admin I know something like this went down at Rangers, might be different in the English league, sorry.

Let's make a list of who we want to do that in order of preference. And Bobo, don't forget Trotter IS being paid by the charitable Mr D freedman.

Nonetheless ... the list consists of ;
1. Trotter LA
......
......
......
Nope. That's the lot.

[Worthy4England]

I suspect that this has taken much longer than anyone anticipated. You can imagine the scenario.

BWFC: "Hi, I'm Phil, please could you tie us over with a £15m lending facility, we're really very good at running this sort of operation, if you ignore the £185m we owe to our current owner"

Bank: "Feck off, we've had a brilliant failsafe plan from JSW - he knows how to make a tidy profit from a football club"

What seems to be fairly clear, is that despite ED offering to wipe the debt and some sort of agreement stuck with Nucleus Finance as recently as July this year, that we're still failing to cap our expenditure at anything affordable.

[thebish]

presumably we should now be hoping for a sooner-rather-than-later option on some kind of takeover?

[Little Green Man]

Obviously I expect them to get the back-pay and for it to be sorted ASAP as I imagine they have a lifestyle that is justified by what they earn

And if not, the Big Society will be there to help out.

http://www.theboltonnews.co.uk/news/141 ... Christmas/" onclick="window.open(this.href);return false;

[BWFC_Insane]

presumably we should now be hoping for a sooner-rather-than-later option on some kind of takeover?

Yes. But given we need what sounds like serious money just to cover operating costs we look less and less attractive by the day....

[Prufrock]

I hope we've got a priority list of who gets paid in what order! Zach, Max, Mark Josh, David here are cheques for you. Gary, Darren, I'm checking, I keep checking, but no, nothing. I promise I'll be right onto it."

[CrazyHorse]

Tower FM have just lost the link to the Macron. I'm worried that Norweb have cut us off for not paying the bill now.

[thebish]

Tower FM have just lost the link to the Macron. I'm worried that Norweb have cut us off for not paying the bill now.

that may be a blessing in disguise...

[Bruce Rioja]

Shola Ameobi's on a pay-per-play deal, so that'll be going quite well for him.

[Gary the Enfield]

In the paper today it says 3 consortia are in talks with Bolton, including Deano's and Stelios. Anyone care to venture an opinion on the third?

[Bruce Rioja]

In the paper today it says 3 consortia are in talks with Bolton, including Deano's and Stelios. Anyone care to venture an opinion on the third?

Jason Lydiate!

[bobo the clown]

In the paper today it says 3 consortia are in talks with Bolton, including Deano's and Stelios. Anyone care to venture an opinion on the third?

Jason Lydiate!

George Oghani & some mates.

[BWFC_Insane]

In the paper today it says 3 consortia are in talks with Bolton, including Deano's and Stelios. Anyone care to venture an opinion on the third?

4 according to some reports.

[thebish]

aye - but why doesn't Nixon just tell us how many there are and who they are?

[Enoch]

I've put a bid in.

[Hoboh]

My bid went in a sealed envelope that cost more than it's content!

[General Mannerheim]

probably a stupid question but could they not all chuck in?

[Bruce Rioja]

probably a stupid question but could they not all chuck in?

This is no time for Bukkaki, General!