PL clubs taking furlough payment option

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YES Blade said:
If the club (or any football club for that matter) where using furlough as a way to maximise profits, then I would agree it's totally immoral to take tax payers money in this way. But as things stand, the club is in massive danger of running out of money within the next few months, so if it saves the club a few hundred grand in the short term, then we've got to consider it.

I think the best thing the club could do is to say this is to safe guard the future of the club and is taking place along with the players taking a pay cut, if/when the situation improves, the club will pay back the money to the government or make a charitable donation to the value of money received.
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What about the club saying that when the money starts coming back in (even if next year's prem money) they will make good any losses the staff have incurred in income, and will pay back the money the government provide. Bottom line is that we are all going to have to pay this back through taxes in one way or another so those businesses dragging in (and paying out in wages) huge amounts could reduce the impact on the ordinary man and woman by taking the furlough money as a loan. That would be a great PR exercise and a great thing to do.
 
I absolutely refuse to defend the club on this and quite frankly I question the morals of anyone that does.
 
Carole Baskin said:
It's a disgrace, any business taking up this scheme should be ashamed. All staff deserve full pay!
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Being furloughed doesn't necessarily mean staff aren't receiving full pay. It means the employer is taking advantage of government policy.
 
Carole Baskin said:
I'm a businesswoman and I know how to run an ethical company.
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Welcome to the board. How come you’ve developed an interest in the Blades?

Just curious why an American businesswoman in an unrelated industry would be on a Blades board.
 
him behind you said:
they go down this route and it really does impact those staff on the lowest salaries
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Just to be clear, the staff in this case won't be affected, they will be getting 100% of their wages from the club, but can't work. The government is allowing a grant of 80% against those wages up to £2,500 per month to help pay the wages and protect those jobs. Same for any company in the country.

The issue people are getting angry about seems to be a moral one, should PL clubs be claiming this grant from the government when we have players on £20k a week and more and we now have a much bigger income stream from TV money.

The player wages is an issue, but it is a separate point than the furloughing of 'normal' staff. The furlough scheme is intended to have staff like our ticket office for example who have nothing to do whilst the lock down is on have their jobs protected.

I do think player wage reductions should be part of this whole approach (furlough won' t affect player contracts). I'm disappointed nothing has come out on this on a wider level from the premier league player base.

Every business has a massive reliance on cash flow, most businesses are run tight no matter what the annual revenues they might be getting, so I can understand why this is being considered by clubs. It's easy to look at headline sky cash and player wages etc, but in practice this isn't how month to month cash will be managed.

What I don't see is anyone in the government applying this morality to the scheme. If the furlough scheme had mentioned that companies receiving 100m plus in TV money are excluded, then fair enough, but they haven't. They are leaving this open to all as they are wanting to help prop up jobs in the short term, although it's a fact that we'll be sorting out the mess for many years.

Probably get battered for this, but I personally don't see why this is such a massive issue. The government is making funds available to protect jobs, and all companies will be considering their options including football clubs. Very shortly cash flow projections for 92 league clubs are going to be hammered because they can't sell season tickets in their normal window. It affects all, including PL clubs, if the lockdown continues and the season doesn't start for say another year, then many clubs are going to the wall, and this might include PL clubs.

These arguments can be applied to any large plc with a multi mullion turnover and cash in the bank, but financial management usually means you run cash tightly, it's inefficient to have large cash reserves, and it's only when an unprecedented crisis like this happens that the system gets broken.

I understand the general points looking at the astronomical player wages and how much money sloshes around from TV, but those were moral issues long before this.
 

Sean Thornton said:
There's a strong smell of, well, pathetic desperation, on this one.
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I didn't come on here to take insults like this.

Sean Thornton said:
Thick porker. Note "object against unethical treatment" therefore being pro it.
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What is a porker? I eat very little meat, and all meat I do eat is organic, and killed ethically.
 
FATTYFOULKE said:
We don’t know she’s not who she says she is.

If it is her, wonderful impression she’s getting from Blade fans.
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Sean Thornton is right to question the authenticity of the poster bearing in mind the sleeper cells the pigs are famous for and others who wish to besmirch the name of SUFC. How is it that a random American Businesswoman suddenly turns up out of the blue on a football forum little known outside of the UK football fraternity. Maybe she should explain how S24su came to her attention before seeking to lecture us on business ethics.

Most new members have the courtesy to introduce themselves and give an explanation of their background and the reasons why they are posting.
 

Addison said:
Sean Thornton is right to question the authenticity of the poster bearing in mind the sleeper cells the pigs are famous for and others who wish to besmirch the name of SUFC. How is it that a random American Businesswoman suddenly turns up out of the blue on a football forum little known outside of the UK football fraternity. Maybe she should explain how S24su came to her attention before seeking to lecture us on business ethics.

Most new members have the courtesy to introduce themselves and give an explanation of their background and the reasons why they are posting.
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?????

It’s a WUM. It’s not really Carole Baskin. Anyone who doesn’t understand this shouldn’t be allowed out on their own.
 
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