Be good if someone could.

I am pretty sure McNally confirmed that premier league contracts these days all have a stepped component whereby wages are reduced on relegation.
As I said, I think QPR were the last club to screw up over this but have since adjusted theirs.
Any promoted club cant afford to do anything else or they would do a "Leeds"

Posted By: Pit on April 28th 2014 at 15:00:38

Message Thread

Do we have any idea whether more recent contracts include relegation clauses? (n/m) (NCFC) - Tricky Hawes, Apr 28, 14:46:22
- McNally recently said none of our playing staff... (NCFC) - loz, Apr 28, 14:49:18
  - Right, ta. But we don't know about wage cuts or anything? (n/m) (NCFC) - Tricky Hawes, Apr 28, 14:50:03
    - My understanding that all contracts have this as standard now. (NCFC) - Pit, Apr 28, 14:52:05
      - that understanding is based on...? (n/m) (NCFC) - Tricky Hawes, Apr 28, 14:54:48
        
        I thought it was raised at the AGM ? (n/m) (NCFC) - Pit, Apr 28, 14:55:55
        
        Ah, good. (Anyone there can confirm?) (n/m) (NCFC) - Tricky Hawes, Apr 28, 14:56:36
        
        Be good if someone could. (NCFC) - Pit, Apr 28, 15:00:38
        
        Guess one question is when you stop being a 'promoted club' (NCFC) - Tricky Hawes, Apr 28, 15:05:23
        
        Ricky's lack of goal bonuses will help limit the damage tho! (n/m) (NCFC) - Maillot Jaune, Apr 28, 15:19:02
        
        Yes. I am sure there are variations but the basics are in place.. (NCFC) - Pit, Apr 28, 15:08:21
        
        The key question though is by how much wages are reduced? (NCFC) - SeattleSounders, Apr 28, 15:04:29
        
        40% (n/m) (NCFC) - MIKEWALKER, Apr 28, 15:32:39
        
        exactly (NCFC) - CWC, Apr 28, 15:30:42
        
        hmmm, thassa good point. (n/m) (NCFC) - Tricky Hawes, Apr 28, 15:33:03
      - *last* (n/m) (NCFC) - Pit, Apr 28, 14:52:39

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