Wages policy?

[Salopian 1]

There have been some suggestions that Holt wanted a wage increase, either to match recent comers, who needed higher wages to persuade them, or to reflect his contribution over the past year(s). You couldn''t blame the player on either ground, despite the 10% (?) increase they all receieved in the Premiership. His ability to play at the highest level will decline in a year or so.

 

If the rumours are correct, - that the highest wage in our club is about £15k per week, the problem of salary levels is a serious one. PL has said that there is plenty of good foreign talent but they would cost too much, and perhaps he was thinking of wages as much as transfer fees. So far we have signed good players from lower divisions and paid relatively modest wages, because the attraction of the Premiership and playing undder PL went some way to compensate.

 

We need to sign a few very good players, and they will want Premiership level wages. We also need to discourage leaving for our players that other clubs are bginning to look at, or we shall have them only or two or three years at most. This will mean a readiness to increase wages. When once the debt is paid off, wages could rise as a percentage of income, but we have a tricky period meanwhile.

 

It may be a recognition of this thast makes the Board less than ambitious in the transfer budget needed. This is a reflection of the fact that we arrived in the top flight earlier than planned - in three years rather than seven.

[Reggie Strayshun 0]

[quote user="Salopian"]

It may be a recognition of this thast makes the Board less than ambitious in the transfer budget needed. This is a reflection of the fact that we arrived in the top flight earlier than planned - in three years rather than seven.

[/quote]

 

Well, Salopian, you are spot on with this;  basically, the Club are in exactly the same position as any one of us would be if we were to get a windfall , and earlier than expected (eg a pools/lottery win or a payout from Great Aunt Flossie''s will).

 

In short, do you just spunk it straight away at the first opportunity that comes along ?. Or do you hold onto it till a rainy day? Or do you invest it ? If so, on what, and how much of it ? The trouble is, thee''s no right or wrong answer. It''s down to individual judgement . But, one thing you can be sure of. There''ll be no shortage of people coming out of the woodwork to offer advice as to what to do with it !

 

To continue the analogy.... our new found riches are more in the big lottery prize area, as opposed to the rollover jackpot.  There is money to be spent, but, in comparison with a lot of Prem Clubs it''s pretty small beer.

[PurpleCanary 6,387]

[quote user="Salopian"]

There have been some suggestions that Holt wanted a wage increase, either to match recent comers, who needed higher wages to persuade them, or to reflect his contribution over the past year(s). You couldn''t blame the player on either ground, despite the 10% (?) increase they all receieved in the Premiership. His ability to play at the highest level will decline in a year or so.

 

If the rumours are correct, - that the highest wage in our club is about £15k per week, the problem of salary levels is a serious one. PL has said that there is plenty of good foreign talent but they would cost too much, and perhaps he was thinking of wages as much as transfer fees. So far we have signed good players from lower divisions and paid relatively modest wages, because the attraction of the Premiership and playing undder PL went some way to compensate.

 

We need to sign a few very good players, and they will want Premiership level wages. We also need to discourage leaving for our players that other clubs are bginning to look at, or we shall have them only or two or three years at most. This will mean a readiness to increase wages. When once the debt is paid off, wages could rise as a percentage of income, but we have a tricky period meanwhile.

 

It may be a recognition of this thast makes the Board less than ambitious in the transfer budget needed. This is a reflection of the fact that we arrived in the top flight earlier than planned - in three years rather than seven.

[/quote]

 

Salopian, that was not quite the original plan. Which was to reach the PL after a very few seasons, get relegated straight away, get promoted back straight away and be a settled member of the PL at the end of seven years. Whether that is still the plan is a question, given that we got to the PL presumably even earlier than the board thought, and have not been relegated straight back.

[Lord Horn 0]

I understand (and I have no reason to dispute this) that the issue is a minor issue that does not involve either wage increases or contract disputes.  More a personal matter that could have been handled better by the powers that be.

[Bethnal Yellow and Green 2,424]

To be honest, I think we might have to accept the fact Norwich will lose a few players over the next couple of seasons due to wages. This is how it goes for clubs that aren''t in the ''elite''. The key is to sell players on for more than we purchased them and then to reinvest the money on players who can reach the same level.

 

Clubs have felt the damaging affects of over paying players because they are ''legends'', Norwich need to understand what they can realistically afford and to try and be subjective in the wages they offer - however very calculated thinking like this is pretty cold, and fans will become upset when their favourite players aren''t offered new contracts due to financial constraints.