Chansiri new pay structure

[WalthamOwl]

This club 

[catdog1121]

Is this DC trying another tactic to get away from ffp?  Almost like club are paying part of wage and DC personally paying rest...  Really strange if true.

[Dick_Turpin]

6 minutes ago, catdog1121 said:

Is this DC trying another tactic to get away from ffp?  Almost like club are paying part of wage and DC personally paying rest...  Really strange if true.

If that’s what’s happening then the club should simply owe Chansiri yet more cash. Shouldn’t affect FFP one bit. 

[Rogers]

10 hours ago, wilyfox said:

What’s Daddy Dejphon up to now?

 

Never dull with Dej at the helm.

Never dull and never good, as far as accounting goes 

[Guest]

6 hours ago, Grandad said:

Hard to imagine why players expecting £80k a month and getting less than 10% of that might be a tad demotivated

 

If the players have been getting less than 10% pay for the last 4 months then somehow I think we would know about it and there would be more of a fuss kicked up than any perceived demotivation. 

 

It seems strange and another issue that causes concern but I think they will be getting paid their salaries in full in some form that they have agreed to otherwise it would have created more issues and news by now.

[Manwë]

To get the rest, they have to wait for a phone call from Bertha in 60 days after it should have been paid.

 

 

[Dizzys Dad]

Neither the players union or HMRC would allow this to happen.

[heppers]

Unable to pay wages

 

Debts he was apparently unaware of.

 

Shambles.

[Roscoe P. Coltrane]

D- Salaries

[james o connor]

Nothing surprises me with that nut job . I’d love us to be taken over by somebody that would drive the club forward , we are stuck with this loon though 

[latemodelchild]

16 hours ago, King_Monkey said:

From what I’m led to believe within football, you’ll find SWFC are doing it right. The EFL have said FFP will be suspended during COVID but given no written guarantees so DC is paying salaries to what the club can sustain so as not to breach FFP and he’s topping up the rest via himself. Apparently others doing the same but because we got done recently SWFC are news worthy where as others are not.

There are a handful of posters on this site that I take notice of. This is one of them. 

 

If the club is paying 7k per month and the rest is being topped up then they're getting their full pay every month. It could be getting topped up the day after, it could be the same day but hours after, it could be mid way through. It doesn't matter when it happens, it's still that month. I'm sure tax and NI etc are still being accounted for and paid and nothing illegal is going on. 

[@owlstalk]

1 hour ago, latemodelchild said:

There are a handful of posters on this site that I take notice of. This is one of them. 

 

If the club is paying 7k per month and the rest is being topped up then they're getting their full pay every month. It could be getting topped up the day after, it could be the same day but hours after, it could be mid way through. It doesn't matter when it happens, it's still that month. I'm sure tax and NI etc are still being accounted for and paid and nothing illegal is going on. 

 

Why not just pay them as normal then?

[@owlstalk]

 

 

I just don't understand that if the money's there to pay them why not just pay them?

 

 

[@owlstalk]

 

 

And - as is always the case - a few folks desperate to tell us that everything is normal and that it's fine do to this but we all know full well what would happen if THEY THEMSELVES got paid late like this (clue - there's no way on planet earth they'd be saying 'yeah that's totally fine Mr Bossman sir')

 

 

[OxonOwl]

I hope he is not just putting 7k through the books and paying the balance himself to subvert ffp.

 

It'll end in tears

[Manwë]

Remember, I think that this would be the third time Wednesday have had issues paying players.

 

 

[Weshallovercome]

How do we know the players didn't know about this before they signed?

 

Maybe it was discussed and agreed with them all that this would happen during Covid?

 

Maybe the sky isn't falling?

[@owlstalk]

1 minute ago, Weshallovercome said:

How do we know the players didn't know about this before they signed?

 

Maybe it was discussed and agreed with them all that this would happen during Covid?

 

 

 

 

 

Think it's the final paragraph/line that gives the answer

 

 

[StudentOwl]

I'm just trying to imagine what would happen if I got paid 20% of my salary from an account called "StudentOwl's work payroll" on the last day of the month, then the first day of the month I got the remaining pay from an account called "StudentOwl's boss' boss' boss".

 

Based on my limited understanding of pay, tax, NI and actual insurance etc... think it would be a criminal investigation of some description.

 

So either 

-The story is false, and all pay comes direct from the club's usual means of payment. 

-The story is true. Some (or most) pay is delayed by a period of at least a few hours... potentially a few weeks... however it comes from the usual means of payment and account. At which point, why delay it at all? Screams of a cashflow problem that shouldn't exist.

-The story is true, and DC is committing what can only be described as an illegal act and FFP breaches would be the least of our worries.

 

IF this story is true, anyon arguing from a proint of "it's true BUT" is reaking of

And anyone pretending otherwise is chatting turd.

 

The only position one can really come out and sincerely argue that this is fine are those that want to argue the story is simply not true. And yeah, fair enough then... but anyone that thinks this is true can't seriously be sitting there and having anything other than alarm bells ringing again.

[sMacLean]

What if they get the top up from an account in Thailand or elsewhere? Can that get round any rules?