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Post by theydonorient on Dec 19, 2023 22:14:18 GMT
Midfielder Ovie Ejaria has agreed by mutual consent to end his contract with Reading early and has left the club. Reading say it was done to cut their wages costs. The ex Liverpool player permanently joined Reading, after being there on loan, in August 2020 on a contract that reportedly still earned him £650,000 a year once relegated down to League 1 !! He hasn’t even played in the first team since manager Paul Ince left the club. £650,000 is crazy money. How are sensible League 1 clubs supposed to be able to attract players if irresponsible clubs are paying so much? I realise relegated clubs are carrying over their wage bill but don’t contracts have clauses to cover what should happen to a players wages to take account of a promotion or relegation situation ?
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Post by lukeryan on Dec 20, 2023 0:06:11 GMT
I’d be surprised if relegation reduction wasn’t inbuilt into contracts but maybe 12.5k a week is his reduction. Very good player whenever I’ve seen him and not sure why he’s not played - maybe a toys out the pram league 1 is too low a standard for me. Top earner at Orient any guesses or inside knowledge?
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Post by vinnyh on Dec 20, 2023 6:43:45 GMT
I'd say Moncur is our top earner. Haven't a clue if it's true, but read that owing to Hull wanting to offload him (can't imagine why lol) they are paying part of his wages as we couldn't afford/didn't want to pay the full whack.
As for the crazy money, we'll never be able to compete and rightly so. More and more clubs will become financially unstable, I see Morecombe are the latest, whilst players and more specifically their agents continue to fleece clubs.
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Post by lukeryan on Dec 20, 2023 11:33:41 GMT
Think Jordan Graham could be up there as well as we’ve heard some of the January budget went on him. So with Moncur and Pig doing close to f*** all and Graham buggered for the season … there’s our money. That’s why the former duo need to express and perform
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Post by OrientEd on Dec 20, 2023 12:29:09 GMT
I'd say Moncur is our top earner. Haven't a clue if it's true, but read that owing to Hull wanting to offload him (can't imagine why lol) they are paying part of his wages as we couldn't afford/didn't want to pay the full whack. As for the crazy money, we'll never be able to compete and rightly so. More and more clubs will become financially unstable, I see Morecombe are the latest, whilst players and more specifically their agents continue to fleece clubs. I reckon Moncs and Graham would be on around 6k per week- the two top earners I think. Derby have someone on over double that...just shows the gulf in resources.
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Post by mayland0s on Dec 20, 2023 13:43:38 GMT
I'd say Moncur is our top earner. Haven't a clue if it's true, but read that owing to Hull wanting to offload him (can't imagine why lol) they are paying part of his wages as we couldn't afford/didn't want to pay the full whack. As for the crazy money, we'll never be able to compete and rightly so. More and more clubs will become financially unstable, I see Morecombe are the latest, whilst players and more specifically their agents continue to fleece clubs. I reckon Moncs and Graham would be on around 6k per week- the two top earners I think. Derby have someone on over double that...just shows the gulf in resources. This whole thread is rubbish . So much guessing from people about who is earning what . As far as being as not being able to compete ,hasn’t it always been like this ,ever since I’ve been supporting Orient we have always been a Cinderella club and always will be ,mainly because of our location .
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Post by FargO on Dec 20, 2023 16:31:26 GMT
Just because we are a Cinderella club doesn't mean we pay our players Buttons 🤔
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Post by redintheface on Dec 20, 2023 16:35:04 GMT
Just because we are a Cinderella club doesn't mean we pay our players Buttons 🤔 Nigel Travis starring as Baron Hardup!😄😄👍
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Post by osoldguy on Dec 20, 2023 18:35:00 GMT
Just because we are a Cinderella club doesn't mean we pay our players Buttons 🤔 Nigel Travis starring as Baron Hardup!😄😄👍 As we are a cinderella club shouldn't the players be playing in glass slippers?⚽️
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Post by billericayo on Dec 20, 2023 19:38:59 GMT
I’d be surprised if relegation reduction wasn’t inbuilt into contracts but maybe 12.5k a week is his reduction. Very good player whenever I’ve seen him and not sure why he’s not played - maybe a toys out the pram league 1 is too low a standard for me. Top earner at Orient any guesses or inside knowledge? George Pordgy pudeny pie
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Post by redshank on Dec 21, 2023 11:52:09 GMT
I’d be surprised if relegation reduction wasn’t inbuilt into contracts but maybe 12.5k a week is his reduction. Very good player whenever I’ve seen him and not sure why he’s not played - maybe a toys out the pram league 1 is too low a standard for me. Top earner at Orient any guesses or inside knowledge? George Pordgy pudeny pie A Brave new world reference after soma?
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Post by wanderlust on Dec 21, 2023 15:55:44 GMT
After our brush with extinction 4 years ago we know only too well the madness of overpaying players these days. We were saved just an hour before the administrators closed our famous old club forever by the intervention of a local consortium - including Pink Floyd's drummer - and are sworn never to pay beyond the market value for players and to strictly enforce the budgetary wage cap. Some fans don't like it. For the first couple of years under a transfer embargo, everyone was happy, simply because we still exist - Bury weren't so lucky. We signed out of contract players and non-league guys like Santos and tried to sell them the dream of a vibrant community club rather than throw money at them. But after promotion from League 2 and and the trip to Wembley, many fans are now talking about signings. Expectations are on the rise in some quarters. Given that the owners have brought us so far on a very tight budget and have grown the business through partnering, selling shares to the government who now own 8% of the club, youth player development, facilities development, an onsite hotel and community engagement (Saturday is a community day hence the £10 tickets) some fans need to wind their expectations in because these guys ain't rich and there is no way they'll spend a penny more than we can afford. We're not skint though - 16.5k ST holders and the stadium holds lots of events and concerts - Pink opened her world tour there this summer - all should generate a decent income. That said the owners have developed the clubs assets to build in sustainability rather than throw money on the pitch. This summer showed we won't pander to demands as two quality players were turned away because of their personal demands despite the clubs having agreed a deal. OK we'd have been a much stronger team, but the budget is the budget and we just have to try to compete with what we can afford whereas some clubs are clearly gambling on getting promoted. If by some miracle we manage to get over the line this season, we'll need new investors - but we aren't going to mortgage the kitchen sink to get there.
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Post by mayland0s on Dec 21, 2023 16:08:16 GMT
After our brush with extinction 4 years ago we know only too well the madness of overpaying players these days. We were saved just an hour before the administrators closed our famous old club forever by the intervention of a local consortium - including Pink Floyd's drummer - and are sworn never to pay beyond the market value for players and to strictly enforce the budgetary wage cap. Some fans don't like it. For the first couple of years under a transfer embargo, everyone was happy, simply because we still exist - Bury weren't so lucky. We signed out of contract players and non-league guys like Santos and tried to sell them the dream of a vibrant community club rather than throw money at them. But after promotion from League 2 and and the trip to Wembley, many fans are now talking about signings. Expectations are on the rise in some quarters. Given that the owners have brought us so far on a very tight budget and have grown the business through partnering, selling shares to the government who now own 8% of the club, youth player development, facilities development, an onsite hotel and community engagement (Saturday is a community day hence the £10 tickets) some fans need to wind their expectations in because these guys ain't rich and there is no way they'll spend a penny more than we can afford. We're not skint though - 16.5k ST holders and the stadium holds lots of events and concerts - Pink opened her world tour there this summer - all should generate a decent income. That said the owners have developed the clubs assets to build in sustainability rather than throw money on the pitch. This summer showed we won't pander to demands as two quality players were turned away because of their personal demands despite the clubs having agreed a deal. OK we'd have been a much stronger team, but the budget is the budget and we just have to try to compete with what we can afford whereas some clubs are clearly gambling on getting promoted. If by some miracle we manage to get over the line this season, we'll need new investors - but we aren't going to mortgage the kitchen sink to get there. A great little read which makes so much sense ,good luck to you and Bury .
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Post by wanderlust on Dec 21, 2023 18:12:58 GMT
Bury are finally on their way back but their recovery was hampered by an appalling owner and the fans splitting into two factions each of which wanted to relaunch the club and save whatever assets they could. For the first three years they were at each other's throats, but finally they've seen sense and have united behind a single team.
I think the issue is that as soon as you have a bit of success, expectations grow and we've been lucky enough to have leadership that put the handbrake on spending, focusing instead on building back the infrastructure whilst doing just enough to make the team competitive. We had a bond release earlier this year which raised £5 million - all of which went on club infrastructure and the fans have enough faith in our owners to believe they're not just going to flog the club off to the highest bidder. The ground is now in better nick than it was and it's an asset they're working to build up the finances. Playing high-risk attacking football helps to bring in the fans and the income - God knows we've had to endure some negative crap over the years so we've earned a bit of excitement even if it sometimes goes to pot - but we've scored 107 goals so far this calendar year so they can't really complain.
As for competing with the big spenders, I guess the only way is to buy smart (we're a bit "Moneyball") and save up.
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