Speculation Konchesky to QPR

[bocadillo]

This.

Although what we'd do without their paid-for consultancy expertise I simply don't know.

 

[M17TT C]

PK hasn't asked for a transfer either so wouldn't there be new contracts to top-up (ie he won't get the same as here) and also loyalty bonuses to pay or do they only get mentioned when it fits in with people's arguments?

 

[Jeff]

PK hasn't asked for a transfer either so wouldn't there be new contracts to top-up (ie he won't get the same as here) and also loyalty bonuses to pay or do they only get mentioned when it fits in with people's arguments?

QPR pay stupid wages, and they have the parachute payments to be able to do it.
There's the loyalty payment aspect, but that will need to be paid whether he goes or not, and there will be a big saving on his wages.

 

[Mawsley]

loyalty bonuses...only get mentioned when it fits in with people's arguments?

Only when other people forget that it is irrelevant to the argument.

 

[M17TT C]

QPR pay stupid wages, and they have the parachute payments to be able to do it.
There's the loyalty payment aspect, but that will need to be paid whether he goes or not, and there will be a big saving on his wages.

Yeah I had forgot the QPR side of things but even still, Konchesky will be on a good wage here having come from Liverpool and they are struggling to adhere to FFP as things stand so won't be chucking money away quite so freely as before.

No one here knows how much he is on though so impossible to say really if QPR would match wages or if we would make a saving.

 

[M17TT C]

Only when other people forget that it is irrelevant to the argument.

I assume you have Jeff on your blocked list then?

 

[Blue Maniac]

No one here knows how much he is on

200 marbles a week. Fact.

 

[Scotfox]

Any doublers involved?

 

[Matt_B]

200 marbles a week. Fact.

I heard he was on more than that; at least 50 pogs and a slammer.

 

[M17TT C]

Is it a plastic or metal slammer though?

 

[Chrysalis]

Be careful what one wishes for; there seems to be an assumption that if PK is transferred this allows for a free transfer player with experience to come in. For a start nobody knows if the board will allow a cheaper replacement to come in bearing in mind FFP. The £28m loss that has to be reduced to £8m has barely been scratched - the shipping out of Beckford and now (possibly) PK would still leave the club with huge prospective losses massively over the FFP allowable threshold.
They may be able to wangle a loan player instead but as others have said - an inexperienced loan player is not what we need. Some point to PK being a weak link but I saw several games both live and on Sky where the guy who scored was marked by a young inexperienced loanee - Michael Keane. Inexperience was costly.
If PK goes I would like to see an experienced player in his mid to late 20's signed - but as stated above not sure if the board & FFP would allow this & we'd have to go for a young loanee instead. By the way, I'll just throw in a point I've made elsewhere that is related if you stick with it... The Thais can help with FFP this year by not charging their reported £4m-£5m 'consultancy' fees and reducing their interest charges to well below the 8% the club pays thm for their loans. If the owners do those two things they alone might help the club get a quality acquisition in much more than getting PK on or off the pay roll.

you know that 28mill loss was for sven's season right and last years figures arent published?

we over FFP but we not at 28million now.

 

[ThaiSweetChilli]

Was waiting for someone finally speak the truth.

 

[Brown Nose]

Anyone else pick up an undercurrent in NPs answer to the Konch to QPR question after the game last night?

Said something along the lines of 'nobody's told me'. Could be interpreted as a second dig in as many interviews towards our esteemed new DofF. He answered something similarly tersely after the Boro game about Agents being told our players were available.

Maybe I'm a paranoid, cynical fecker though.

 

[Blue Maniac]

Anyone else pick up an undercurrent in NPs answer to the Konch to QPR question after the game last night?

Said something along the lines of 'nobody's told me'. Could be interpreted as a second dig in as many interviews towards our esteemed new DofF. He answered something similarly tersely after the Boro game about Agents being told our players were available.

Maybe I'm a paranoid, cynical fecker though.

When the person in charge of player recruitment is anyone other than the first team manager, something is very wrong. If that's the case with our DoF, I'm glad I haven't got a season ticket.

 

[bocadillo]

...He answered something similarly tersely after the Boro game about Agents being told our players were available.

Maybe I'm a paranoid, cynical fecker though.

Maybe you just don't listen properly. That is not what he said at all.

 

[Brown Nose]

Maybe you just don't listen properly. That is not what he said at all.

Quite right. It was Agent(s) telling other managers that our players were available.

 

[bocadillo]

Quite right. It was Agent(s) telling other managers that our players were available.

It was agents telling other managers that they could get players away from the club. I took this as being agent-talk and not therefore required to be true.

 

[Foxes_Trust]

Be careful what one wishes for; there seems to be an assumption that if PK is transferred this allows for a free transfer player with experience to come in. For a start nobody knows if the board will allow a cheaper replacement to come in bearing in mind FFP. The £28m loss that has to be reduced to £8m has barely been scratched - the shipping out of Beckford and now (possibly) PK would still leave the club with huge prospective losses massively over the FFP allowable threshold.
They may be able to wangle a loan player instead but as others have said - an inexperienced loan player is not what we need. Some point to PK being a weak link but I saw several games both live and on Sky where the guy who scored was marked by a young inexperienced loanee - Michael Keane. Inexperience was costly.
If PK goes I would like to see an experienced player in his mid to late 20's signed - but as stated above not sure if the board & FFP would allow this & we'd have to go for a young loanee instead. By the way, I'll just throw in a point I've made elsewhere that is related if you stick with it... The Thais can help with FFP this year by not charging their reported £4m-£5m 'consultancy' fees and reducing their interest charges to well below the 8% the club pays thm for their loans. If the owners do those two things they alone might help the club get a quality acquisition in much more than getting PK on or off the pay roll.

In the 2011/12 results, the management fees were £1.2m

The interest paid back on loans was £3.919m, with £63.1m loans @ 8% interest, £4.4m @ 6% interest). The interest rate on the additional £15.6m invested in 2012/13 up to 30/11/12 is not known.

If all loans were converted to Equity prior to 31/05/13, then those interest charges would be gone, however if that isn't the case the owners can only convert £5m into Equity now, because any value above that breaks FFP rules. We have checked this directly with the Football League.

The other contributing factor is the change to King Power ownership of the stadium, that removes the £1.1m interest paid to Teachers, it just depends if any charge will be made from King Power (e.g. the management fee could increase)

 

[consty]

Thanks for update FT. When will you/we find out if they have converted their loans into equity prior to 31/05/13? (One suspects they have not done so given how rigorously LCFC have frozen/virtually frozen recruitment)
Btw, the owners management fees of £1.2m, is this a reduction on the year before? Whatever it is, cannot be taken as anything other than nice work if you can get it....
Chrysallis - yes that huge figure of £28m debt was in the Sven era; it must still stand at a figure hugely over the FFP allowable limit of £8m (unless of course much or most of the loans have been converted into equity...)

 

[Matt_B]

Thanks for update FT. When will you/we find out if they have converted their loans into equity prior to 31/05/13? (One suspects they have not done so given how rigorously LCFC have frozen/virtually frozen recruitment)
Btw, the owners management fees of £1.2m, is this a reduction on the year before? Whatever it is, cannot be taken as anything other than nice work if you can get it....
Chrysallis - yes that huge figure of £28m debt was in the Sven era; it must still stand at a figure hugely over the FFP allowable limit of £8m (unless of course much or most of the loans have been converted into equity...)

Could they not keep the loans as they are but increase the payment period and thus lower the payments?