its truly amazing how the relative incompetence of Levy has left this club not just bleeding millions in wasted salaries per year, but the lack of success in moving on players considered surplus...
of course, the players have to be convinced to move and getting them to quit the monster salaries and the bright lights of London is not easy.... but THAT'S why Levy gets paid what he does (or we could get Biggsy to be chairman
)...
here's the amount just wasting away with every passing day, both in transfer-value and salaries :-
Player.....................Transfer Value.........Salary to still pay on contract (approx)
Keane............ ......6m............................10m .......(2.5yrs left)
Bentley..................6m............................8m.........(2.5yrs left on 5yr deal)
Dos Santos...........5m..............................4m
O'Hara...................4m.............................2m
Naughton..............2m.............................1m
50 MILLION POUNDS........
Levy should have bit the bullet and taken a paper-loss on some of the transfer-value of the likes of these and saved at least the cost of the ongoing salaries..... refusing to realise these losses to boost the yr-end financial results is rather like his visiual capacity....
short-sighted.
17 Replies
7819 Views