Jon Dahl Tomasson - Officially No Longer Our Head Coach

[LeftWinger]

4 minutes ago, booth said:

Wasn't there a "small" bonus for relegation?

Nothing that I can see.

Basic salary was £1,000,000 in 11/12 - which was increased to £1,200,000 in 12/13 if we remained in the Premier League, but dropped to £600,000 if we were relegated. There was a promotion bonus available of £500,000 if we were promoted in 12/13 - but he'd have been financially better off keeping the club up in 11/12.
 

He was due to be paid £2,000,000 per season basic from 15/16 if we were still in the Premier League - plus the £1,611,000 additional bonus with no performance criteria attached. Frightening. 

 

[booth]

Just now, LeftWinger said:

Nothing that I can see.

Basic salary was £1,000,000 in 11/12 - which was increased to £1,200,000 in 12/13 if we remained in the Premier League, but dropped to £600,000 if we were relegated. There was a promotion bonus available of £500,000 if we were promoted in 12/13 - but he'd have been financially better off keeping the club up in 11/12.
 

He was due to be paid £2,000,000 per season basic from 15/16 if we were still in the Premier League - plus the £1,611,000 additional bonus with no performance criteria attached. Frightening. 

 

That's perhaps the thing I was thinking of, a bonus for nothing.

[SIMON GARNERS 194]

Under Kean there were reported Bonuses for Relegation...go figure that one out.

[LeftWinger]

8 minutes ago, SIMON GARNERS 194 said:

Under Kean there were reported Bonuses for Relegation...go figure that one out.

There's nothing in his actual contract to suggest that was true.

[Mashed Potatoes]

53 minutes ago, SIMON GARNERS 194 said:

Under Kean there were reported Bonuses for Relegation...go figure that one out.

I don't think that's true. However there were reported to be bonuses for promotions from divisions below the Premier League which of course could only ever be gained if we had been relegated.

[LeftWinger]

27 minutes ago, Mashed Potatoes said:

I don't think that's true. However there were reported to be bonuses for promotions from divisions below the Premier League which of course could only ever be gained if we had been relegated.

There is even a provision in the contract of what salary Kean would be paid if we were relegated to League One. There was absolutely no incentive for him to get relegated though. 

[Exiled in Toronto Mk2]

13 minutes ago, LeftWinger said:

There is even a provision in the contract of what salary Kean would be paid if we were relegated to League One. There was absolutely no incentive for him to get relegated though. 

Apart from relegation providing a rationale for increasing player trading…

[tomphil]

5 hours ago, LeftWinger said:

The bonuses were:

£200,000 if the club finished in the top 12 - failed in 11/12

£200,000 if the club qualified for the Europa League - failed in 11/12

£200,000 if the club qualified for the Champions League group stages by finishing in the top 4 - failed in 11/12

£100,000 if they won the FA Cup - failed in 11/12

£100,000 if they won the League Cup - failed in 11/12

£1,611,000 - for the 13/14 season with no target attached and didn't specify which division we had to be in (he left in September 2012, so wouldn't have got that).

 

No he just got a pay off instead but had he hung around his wages for that season would've been over 2 million.

Wasn't the huge nobody knows what it was for bonus written in for every season regardless or 3 years or something ?

Don't forget Nixons piece when he was well connected stating Kean would've earned around 10 million at Ewood had he served his full contract.

It was a 100% scam from start to finish and 100 grand a year was too much for that clueless youth coach.

Bizarrely you seem like you are looking to defend him here, him and his agent ripped the club, owners and fans off and they were a pair of twats however much his contract did or didn't add up to.

Enough already.

[LeftWinger]

Just now, tomphil said:

No he just got a pay off instead but had he hung around his wages for that season would've been over 2 million.

Wasn't the huge nobody knows what it was for bonus written in for every season regardless or 3 years or something ?

Don't forget Nixons piece when he was well connected stating Kean would've earned around 10 million at Ewood had he served his full contract.

It was a 100% scam from start to finish and 100 grand a year was too much for that clueless youth coach.

Bizarrely you seem like you are looking to defend him here, him and his agent ripped the club, owners and fans off and they were a pair of twats however much his contract did or didn't add up to.

Enough already.

Absolutely not trying to defend him. Just pointing out that he didn't earn any bonus in the 11/12 season.

You stated he went to be a £2.5m a year Premier League manager - which wasn't the case. He was on £1m in the 11/12 season and his salary dropped to £600k in the 12/13 season. There was no bonus for relegation. Facts. 

Still way more than he was worth and an utterly corrupt set up - I entirely agree with you. 

[tomphil]

2 minutes ago, LeftWinger said:

Absolutely not trying to defend him. Just pointing out that he didn't earn any bonus in the 11/12 season.

You stated he went to be a £2.5m a year Premier League manager - which wasn't the case. He was on £1m in the 11/12 season and his salary dropped to £600k in the 12/13 season. There was no bonus for relegation. Facts. 

Still way more than he was worth and an utterly corrupt set up - I entirely agree with you. 

He was set to be on 1.2 million a year plus the huge bonus payable for whatever as a Prem manager which is actually more than i said.

So i was correct as that was the intention, that was the contract he had, i never mentioned relegation i'm sure that wasn't part of the plan but he was still quids in anyway so didn't care either way. 

His feet were firmly under the tale for the long haul as this unconfirmed contract quotes testify too plus the fact the extension was signed just as the brothers came over to try and sack him.

That stupid woman gets the blame for that she should've paid him off out of her own pocket.

[LeftWinger]

8 minutes ago, tomphil said:

He was set to be on 1.2 million a year plus the huge bonus payable for whatever as a Prem manager which is actually more than i said.

So i was correct as that was the intention, that was the contract he had, i never mentioned relegation i'm sure that wasn't part of the plan but he was still quids in anyway so didn't care either way. 

His feet were firmly under the tale for the long haul as this unconfirmed contract quotes testify too plus the fact the extension was signed just as the brothers came over to try and sack him.

That stupid woman gets the blame for that she should've paid him off out of her own pocket.

The bonus £1,611,000 only kicked in from the 2013/14 season. 

If we were in the Premier League in 2012/13 - he was due to be increased to the £1.2m a year basic PLUS £0.2m if we finished in the top 12. As it happened, we were relegated in 11/12 - so his salary was dropped to £0.6m. 

Still, entirely more than he deserved and we were absolutely played. 

[ben_the_beast]

Can we bring back the feature that when ever anybody typed Keans name, it autocorrect to t*** or something like that. 

I don't often say this about someone I've never met but him and Anderson were scum. What they did was clear fraud and they ruined our club. 

[Upside Down]

Venkys, Anderson and Kean. I wouldn't piss on them if they were on fire, mainly because I would quite enjoy watching them burn.

[NeilInBristol]

21 hours ago, LeftWinger said:

Nothing that I can see.

Basic salary was £1,000,000 in 11/12 - which was increased to £1,200,000 in 12/13 if we remained in the Premier League, but dropped to £600,000 if we were relegated. There was a promotion bonus available of £500,000 if we were promoted in 12/13 - but he'd have been financially better off keeping the club up in 11/12.
 

He was due to be paid £2,000,000 per season basic from 15/16 if we were still in the Premier League - plus the £1,611,000 additional bonus with no performance criteria attached. Frightening. 

 

Wow

 It's crazy what has been agreed in the past! Are we any more transparent around this now days or is it still all hidden behind a veil?

[47er]

22 hours ago, LeftWinger said:

Nothing that I can see.

Basic salary was £1,000,000 in 11/12 - which was increased to £1,200,000 in 12/13 if we remained in the Premier League, but dropped to £600,000 if we were relegated. There was a promotion bonus available of £500,000 if we were promoted in 12/13 - but he'd have been financially better off keeping the club up in 11/12.
 

He was due to be paid £2,000,000 per season basic from 15/16 if we were still in the Premier League - plus the £1,611,000 additional bonus with no performance criteria attached. Frightening. 

 

There was a bonus for relegation. Posted on here at the time. Even a bonus for relegation to League 1 when we were in the Premiership at that point!

[LeftWinger]

3 minutes ago, 47er said:

There was a bonus for relegation. Posted on here at the time. Even a bonus for relegation to League 1 when we were in the Premiership at that point!

I've got a copy of the contract here - and there is definitely no bonus for relegation to either the Championship or League 1. 

[47er]

Well it was posted on here at the time. I can't possibly find it from all that time back, haven't got the skills or the patience.

Need some comment from anyone else who posted on this topic then.

[frosty]

I think it was the fact that there was even a mention of a salary for League 1 in the contract of a 'manager' of a well-established PL club that had been in the PL for a decade or so and never finished below 15th, most of the time a lot higher.

It'd be like somebody such as, I dunno, West Ham appointing somebody now and sticking a League 1 salary in there. Mental, just wouldn't happen. 

[roverandout]

Hope jdt effs off and opens up on the charlatans that run this club. Of course I like him as manager but someone needs to speak for the fans

[philipl]

 

JDT miracle worker!

 

[JHRover]

If that is correct just how exactly are we LOSING £20 million a year?

 

[Upside Down]

26 minutes ago, JHRover said:

If that is correct just how exactly are we LOSING £20 million a year?

 

Exactly. 

[KentExile]

1 hour ago, philipl said:

 

JDT miracle worker!

 

Where has that twitter account got those figures from?

The latest available accounts don't show that, and that then begs the question of how would someone know? 

I can appreciate that if someone worked for one of the clubs (or accountancy firms that works for one of the clubs) then they could conceivably have access to that one clubs financial details, but that doesn't explain how they would have any clue about the other 23 teams

[tomphil]

1 hour ago, JHRover said:

If that is correct just how exactly are we LOSING £20 million a year?

 

Iv'e been saying this for yeas and the reasons used to be given that we were still paying off managers and players.

That stopped a long time ago.

 

[LeftWinger]

6 hours ago, frosty said:

I think it was the fact that there was even a mention of a salary for League 1 in the contract of a 'manager' of a well-established PL club that had been in the PL for a decade or so and never finished below 15th, most of the time a lot higher.

It'd be like somebody such as, I dunno, West Ham appointing somebody now and sticking a League 1 salary in there. Mental, just wouldn't happen. 

It's the only Premier League manager contract I've seen - so not sure what is usually in there - but the contract is there to avoid any legal grey area should certain events happen. I'm sure Sunderland players had clauses in their contracts for reductions in wages for two relegations (based on the fact that a lot was made that Rodwell's salary was huge for League One) - so it might be a common 'covering their backs exercise'. 

If the club terminated Kean's contract - they had to pay him 6 months of his basic salary within 7 days. If we'd have sacked him after we were relegated from the Premier League, we'd have had to pay him £300k. If he'd have overseen a second straight relegation, his salary would have been cut to £300k and the pay out he was due down to £150k.

There's not a chance you'd expect a manager to be allowed to remain in the position to oversee relegation from the Premier League to League One - but it doesn't mean you'd not put a clause in there for legal clarity.