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Author Topic: Unprecedented Times Call For Challenging Decisions  (Read 1725 times)

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Domestos

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Unprecedented Times Call For Challenging Decisions
« on: Thursday 26-Mar-2020, 07:50* »
Unprecedented times call for challenging decisions says Lawrie Dalrymple

https://www.quins.co.uk/news/unprecedented-times-call-for-challenging-decisions/

Well, that's fair - isn't it? Everybody loses 25%, can't argue with that, can you, surely?

Well, it means that the player on £400,000 will lose (gross) £100,000. Wow! That's a chunk, but what about the person in the office on... I dunno what's the minimum wage £15,000? A loaf of bread, or a pint of milk is the same price in the shop, no matter how much, or little, you earn. Surely, they won't be able to reduce wages below the minimum, will they?

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honkytonk

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #1 on: Thursday 26-Mar-2020, 07:54* »
What about this bit

"We will look after our lowest earners and those facing financial difficulty". 

J Scott

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #2 on: Thursday 26-Mar-2020, 08:47* »
If offered I would be willing to donate any refund of ST for this season to the lowest earners. I am not well off but luckily my wage is not effected by the current situation and if it helps some else get close to their normal wage even for 1 month Iíd be happy with that.
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Nico Wilson

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #3 on: Thursday 26-Mar-2020, 09:38* »
DC said on this week's BBC Rugby Union podcast that only those earning a salary over a certain level would be taking a 25% pay cut.

HamptonCourtJester

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #4 on: Thursday 26-Mar-2020, 09:38* »
If offered I would be willing to donate any refund of ST for this season to the lowest earners. I am not well off but luckily my wage is not effected by the current situation and if it helps some else get close to their normal wage even for 1 month Iíd be happy with that.

Id be happy with that also
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Chipstead Quin

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Ive not seen the detail on this , just the headlines , but I had assumed was that they would reduce their salaries by 25 % while the Club was not operational and they weren't playing / training , not backdated for the whole season ?

Hopefully  those deemed non essential now will be supported by the Govt Furlough Scheme




Monte

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They are being fully paid until end of March. The better paid take the discount from April onwards.

Quaking Quin

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #7 on: Saturday 28-Mar-2020, 21:37* »
I read the CEO's missive with complete and utter disbelief having spent the last two weeks trying to save a long standing business and the jobs of 20 people.

The answer is simple and at no cost to Quins, or any other premiership club. Put all the players, coaches and admin staff on 'Furlough'. Share the pain like the rest of the world.

The pampered players are now no different to everyone else in the UK. They will be isolated at home with no work to do - other than chat on a mobile to some Quins supporters also stuck at home.

Like everyone else the players would then also be on the government backed deferment of mortgages and other outgoings until we go back to work. At least they will have a job to go back to.

Like you and me, all they have to do is buy food, hand-wash and loo rolls, stream stuff off Netflix and go for a jog once a day for the duration.

The £2,500 each month that the government will pay on Furlough (not the club) will guarantee the players should still manage to afford a regular supply of prawn canopies washed down with a slightly cheaper occasional bottle of champers.

Get real Mr Dalrymple, and the other premiership chairman - didn't you just receive £20m each from CVC or some similar hedge fund.

« Last Edit: Saturday 28-Mar-2020, 21:39* by Quaking Quin »
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Monte

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Well Wasps have got a £1.1 million dividend due to be paid in May on their bond. How earth they will pay that I canít imagine. If Directors donít cough up we could loose a Premiership team

Quaking Quin

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So, that's why Mr Dalrymple's letter suggested that giving up the dividend on the Quins bond was something everyone should do.

Presumable the money men of Wasps and Quins knew exactly what the risks were when setting up these schemes. There were certainly many sceptics on this board.

As with any loan (or contract of employment) they can negotiate a deferred payment with some short term incentive to the beneficiary to agree.

Maybe offer a meaningful shareholding in Quins plc. - rather than expect charity again.  Pass some of the ownership or equity back to the real supporters.

DazzaS

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #10 on: Wednesday 01-Apr-2020, 00:14* »
Something I seem to be seeing with Quins these days is when they want to Jack prices up their excuse is they are a business and need to make ends meet,  the moment when they screw up and need bailing out they dust off their imaginary charity number and expect us not to want our money back. I can only imagine what they will say when the season is cancelled and they have not upheld the matches we're were supposed to get in our season tickets.

never sleep

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #11 on: Wednesday 01-Apr-2020, 08:26* »
I can only imagine what they will say when the season is cancelled and they have not upheld the matches we're were supposed to get in our season tickets.
I'm not sure that we are really entitled to the matches as such.
Basically, you pay for a year's club membership.  You are still a member even though you are not attending matches.  You still have accesses to the myStoop and membership areas of the website for instance and receive the digital media.
It is the same as Quinssa.  I have paid for a year's membership to Quinssa.  In the event that the season gets cancelled, I have no intention of demanding a refund on my membership for Quinssa.
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Fish Quin

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #12 on: Wednesday 01-Apr-2020, 09:44* »
Ah, crustaceans overhead and premiership clubs set free. What a time to be alive.

Brown Bottle

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #13 on: Wednesday 01-Apr-2020, 10:44* »
Quote from: Terms & Conditions
7 LIABILITY
7.1 The Club expressly excludes all liability resulting from:
a. any failure or delay by the Club in carrying out any of its obligations under these Membership T&Cs which is caused by circumstances outside of the Clubís reasonable control;
b. the alteration of the dates and times of Matches;
c. the abandonment, postponement or cancellation of Matches; and
d. restrictions to the view of the Match caused by virtue of the actions of other spectators.

DazzaS

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Re: Unprecedented Times Call For Challenging Decisions
« Reply #14 on: Wednesday 01-Apr-2020, 11:28* »


Ah the small print. Everyone always gets you on that. Well that is clearly stated so nothng that can be done about it for this season. I do think it will be written off now though because as others have said, getting back into match condition training may be too late. Yes they are probably still keeping fit at home but there is a big difference between that and keeping in competition shape.

 

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