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BREAKING NEWS : STEVE BRUCE RESIGNS


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7 minutes ago, Gob_Bluth said:

 

We got around 2.7 for Kovacevic when he left, around the same for Emerson Thome too

 

Without knowing numbers involved I think we made more from the sell on fee than the actual sale. 

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6 minutes ago, Guesswhosback said:

4M is a absolute steal for a average manager 

 

Geordies are impressed by that too.

 

4Million In modern football isn't a lot, only about two Joselu's, but to actually pay compensation to get this no hoper is what's galling! All they had to do was wait a few months and he would have been sacked anyway by Wednesday. It's what Bruce does. Get sacked. He'll be sacked by fatso before the seasons out.

What a circus Ashley has turned the club into to. There's only one course. Discourse. #Boycott everything Ashley.

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4 minutes ago, Dronfield Blue said:

 

Geordies are impressed by that too.

 

4Million In modern football isn't a lot, only about two Joselu's, but to actually pay compensation to get this no hoper is what's galling! All they had to do was wait a few months and he would have been sacked anyway by Wednesday. It's what Bruce does. Get sacked. He'll be sacked by fatso before the seasons out.

What a circus Ashley has turned the club into to. There's only one course. Discourse. #Boycott everything Ashley.

Irony is, Joselu just f*cked off to Alaves, so they have, no strikers, coz even without a manager Ashley will still sell everyone off. Or maybe he sold Joselu to pay towards the compensation for Bruce :Sid:

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4 hours ago, Hitcat said:

GARDEN LEAVE

A Club can attempt to hold a Manager who is being courted by a rival Club to his contractual notice period (or to the end of his fixed term, if the Contract is expressed in that way). However, in such circumstances, relationships will often become strained, and the Manager’s current Club will typically not want the Manager to remain involved in the team’s day-to-day affairs. In such circumstances, and provided the Manager’s Contract contains the appropriate provisions, his Club can seek to place him on “garden leave”. English courts are reluctant, on grounds of public policy, to allow employers (including Clubs) to put their employees on garden leave for periods longer than six to twelve months1. However, the tactic of placing a Manager on garden leave is commonly used to delay the Manager’s departure to the rival Club, and to increase the compensation being offered for him, rather than stopping his move happening at all.

The effectiveness of this strategy was seen in 2001, in the case of Steve Bruce, who wanted to leave Crystal Palace to join Birmingham City. Less than a year into his Palace Contract (which, amongst other things, provided for a nine-month notice period, and also contained a garden leave clause), Bruce attempted to resign with immediate effect, but Palace rejected that resignation (which would have amounted to a breach of contract), and sought to keep the Contract alive, by continuing to pay Bruce and honouring the Club’s contractual obligations to him. Palace sought an injunction from the High Court to enforce Bruce’s garden leave provision against him and, on the facts of that case, that injunction was granted2. Less than a month later, Palace did allow Bruce to join Birmingham, but only after Birmingham had increased their offer of compensation (allegedly from £250k to nearer the £1m Palace wanted)3.

An almost identical scenario played out in 2003 when Alan Pardew sought to leave Reading to join West Ham United. In that case, a deal was agreed at the door of the court, pursuant to which Pardew agreed to (i) remain on garden leave for a month, (ii) not employ any of Reading’s staff or players until the end of the season, and (iii) give an undertaking not to use or disclose Reading’s confidential information. West Ham also agreed to pay Reading compensation of £380k4.

 

Thanks for that, interesting.  And it seems he's a regular at it.

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29 minutes ago, sherlyegg said:

:Sid:

He has

Ash made an offer, £4.5M DC turned him down.

So Bruce resigns, ash offers less £0.5M less...now DC is in a very awkward and a no win situation...so he will probably take the £4m...he could of course still tell em to bollloxe, but after court costs / major hassle it's not worth fighting.

Bruce and Ashley have set this up...Though I think he's paid a lot more than he wanted to do. Well done DC......

According some though, Bruce has done nothing wrong. Granted, being a devious bent bastarde is not illegal

 

I think Newcastle will just have paid what Bruce told them they need to to get him out his contract. Can’t see Ashley paying any more or even offering more prior to that. 

 

Seems more of a statement of “here’s the money due and now he’s gone to end the stand off. So do your worst”. Whether it’s as high as 4m as reported you can never be sure but a few million must help us. Either way now that Bruce burnt his bridges I’m just glad we got a few quid. The sooner we get back to planning for the new season the better.

Edited by Bluesteel
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31 minutes ago, sherlyegg said:

:Sid:

He has

Ash made an offer, £4.5M DC turned him down.

So Bruce resigns, ash offers less £0.5M less...now DC is in a very awkward and a no win situation...so he will probably take the £4m...he could of course still tell em to bollloxe, but after court costs / major hassle it's not worth fighting.

Bruce and Ashley have set this up...Though I think he's paid a lot more than he wanted to do. Well done DC......

According some though, Bruce has done nothing wrong. Granted, being a devious bent bastarde is not illegal

Don't forget that in the far eastern culture its all about "face" especially in business.

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