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As I understand it because he had the offer of a contract, even though he didn’t sign it, compensation is due, as it should be.
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So is this another youth team product now with a football league team, even though the academy hasn’t produced any saleable players according to our current leader?
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Considering the funding deficit this year and even more so the year after, closing the academy should have been the first decision.
I don’t know the detailed ins & outs of the finances of that part of the club (and I suspect you don’t either) but the claim made by our current leader that it hasn’t produced anyone saleable in a number of years seems to be incorrect. Also, if you produce a youth team player who can play in the first team you can avoid signing an external player. So that’s another way to offset the running costs.
I can understand that the owner would be looking to cut costs but when that’s balanced against the sheer number of signings (one of whom has immediately gone out on loan!) it does seem like a very short-term approach.
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Good morning TwoWrights – yes that is the rule. What concerns me is that Hull City declared it a ‘Free Transfer’ . There was no mention of the compensation that the EFL put in to stop clubs higher up poaching from those lower down.
Good afternoon, I’ve e seen a few articles stating he was a free agent, perhaps they’re mistaking his situation as I’m sure you’re due compensation. If he’s any good he’ll probably spend some time playing for Shelbourne in Ireland, not a bad experience for a young lad.
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Considering the funding deficit this year and even more so the year after, closing the academy should have been the first decision.
I don’t know the detailed ins & outs of the finances of that part of the club (and I suspect you don’t either) but the claim made by our current leader that it hasn’t produced anyone saleable in a number of years seems to be incorrect. Also, if you produce a youth team player who can play in the first team you can avoid signing an external player. So that’s another way to offset the running costs.
I can understand that the owner would be looking to cut costs but when that’s balanced against the sheer number of signings (one of whom has immediately gone out on loan!) it does seem like a very short-term approach.
Either way, there’s a funding shortfall from the EFL and that is not going to be made up by selling assets as we don’t produce enough: It had to go. The wrong decision was the u-turn.
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250k this year and 500k next year I believe. The squad is too large, but I’d rather see the money go towards paying off some of the creditors than an unsustainable academy.
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Didn’t we release him when he wouldn’t sign a new contract.
No – he was offered a contract and he opted to stay away.
On 23rd June the club stated in one of their Player Update Statements that we “Have retained our compensation rights”. These rights were brought in by the EFL to stop bigger clubs basically stealing developed talent.
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Sellars-Fleming on the bench for Hull City yesterday.
Does anyone know what our compensation rights, which we apparently retained, are ?No. I have asked the question several times and our fraud of an owner has never allowed an answer.
This makes me very suspicious !
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