Points Deduction
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Points Deduction
by Billy bodger » Mon Aug 21, 2023 2:20 pm
-3 at Start of 2024-25. So come on board no more mucking about with wages. We Cannot start leagues on minus points.
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Re: Points Deduction
by RedRedWine » Mon Aug 21, 2023 3:43 pm
To clarify - this is a suspended points deduction, that will ONLY apply if one of the following applies:
1) The owners (Bond Group) do not deposit 125% of the forecasted monthly wage bill (it has not been specified publicly when this needs to occur by) into a nominated account operated by the club
2) There is any failure to pay club wages on time between now at 30th June 2024
Obviously, there's concerns about where the 125% deposit will come from - hopefully that is not out of the playing budget.
We urgently need a new owner/investment in order to progress - but this is nothing new. Jason/turkey teeth wants to sell apparently - hopefully he starts to listen to genuine offers that are on the table, rather than the pipedreams of a self professed soft drinks tycoon/publicity hound.
1) The owners (Bond Group) do not deposit 125% of the forecasted monthly wage bill (it has not been specified publicly when this needs to occur by) into a nominated account operated by the club
2) There is any failure to pay club wages on time between now at 30th June 2024
Obviously, there's concerns about where the 125% deposit will come from - hopefully that is not out of the playing budget.
We urgently need a new owner/investment in order to progress - but this is nothing new. Jason/turkey teeth wants to sell apparently - hopefully he starts to listen to genuine offers that are on the table, rather than the pipedreams of a self professed soft drinks tycoon/publicity hound.
Hello! Hello! We are the Morecambe boys!
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RedRedWine - Posts: 2228
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