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Old 2nd December 2019, 13.14:13   #31-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

Once more evidence that the boards have been covering up the truths.
Old 2nd December 2019, 13.39:43   #32-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

Just checked the rules, from what I can make out the full fee must be payed to a Premier League holding account. That fee is either payed in full or instalments on the dates agreed when Ward moved to Liverpool by the Premier League. This is to ensure the club due the sell on does recieve the monies. If being payed in installments (Usaully over the length of the new players contract), Liverpool could should they wish instruct the Premier League to accelerate the payments. They'll also be responsible for VAT.

Also, Liverpool MUST give us a full payment plan detailing the fee due and when it will be payed, this also includes a new plan if they decide to accelerate the payment. If this isn't adhered to they'd be in breach of Premier League rules and facing a fine and/or transfer ban.

So on the whole we SHOULD know when payment will be made at minimum.

Last edited by GiggityGiggityGiggityGoo; 2nd December 2019 at 13.44:11..
Old 2nd December 2019, 19.23:37   #33-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

Quote:
Originally Posted by Quay Red View Post
Last WST meeting it was made clear that we had now received the full amount from Liverpool.
Initially it was thought that it was being paid in stages relative to the length of Wards contract.
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Originally Posted by GiggityGiggityGiggityGoo View Post
Just checked the rules, from what I can make out the full fee must be payed to a Premier League holding account. That fee is either payed in full or instalments on the dates agreed when Ward moved to Liverpool by the Premier League. This is to ensure the club due the sell on does recieve the monies. If being payed in installments (Usaully over the length of the new players contract), Liverpool could should they wish instruct the Premier League to accelerate the payments. They'll also be responsible for VAT.

Also, Liverpool MUST give us a full payment plan detailing the fee due and when it will be payed, this also includes a new plan if they decide to accelerate the payment. If this isn't adhered to they'd be in breach of Premier League rules and facing a fine and/or transfer ban.

So on the whole we SHOULD know when payment will be made at minimum.
Quay Red - any idea why we didnít know this? Who should have been responsible for understanding when money was due? It seems shambolic to not know!
Old 2nd December 2019, 19.30:29   #34-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

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Originally Posted by Bustas Nads View Post
Sad news if thatís true, would like to see SRs actual reasons. 4 of them are a big loss to the club
Real reason he is useless.
Old 2nd December 2019, 19.50:04   #35-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

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Real reason he is useless.
Why? Give reasons...
Old 2nd December 2019, 20.02:46   #36-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

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Why? Give reasons...
I donít know why he is useless. Maybe his upbringing.
Old 2nd December 2019, 20.54:03   #37-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

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I donít know why he is useless. Maybe his upbringing.
Did you ever meet and talk to him...
Old 2nd December 2019, 23.30:37   #38-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

Quote:
Originally Posted by Jaded View Post
Quay Red - any idea why we didnít know this? Who should have been responsible for understanding when money was due? It seems shambolic to not know!
There was a perception based on similar transfers that the payments were phased based on length of contract.
Maybe the club have been successful in getting paid in full earlier than expected. ( Just guessing)
Old 2nd December 2019, 23.48:00   #39-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

Quote:
Originally Posted by Quay Red View Post
There was a perception based on similar transfers that the payments were phased based on length of contract.
Maybe the club have been successful in getting paid in full earlier than expected. ( Just guessing)
There seems to be a Communications problem within the Club/ WST which extends from major issues re accounts publication and details re transfer fees received through to announcements of Board members' resignations and posting of WST board minutes. We are now in December yet the last board minutes shown on the official WST website relate to the meeting of 28th August!! Not suggesting anything sinister connecting these facts ......they may well result from sheer incompetence. Either way , it does not inspire confidence in our leaders,
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Old 3rd December 2019, 06.39:46   #40-0 (permalink)
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Default Re: Simon Rhodes resigns from WST board

Just put the club up for sale. Our entire position is embarrassing and a new low in the clubs proud history
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