You obviously need

controls over that and yes "some" incentives to ensure they budget responsibly but its not beyond the wit of a club to put in place systems to ensure that the CEO cannot just spend recklessly and has to get board sanction for decisions that go beyond a certain remit.

Posted By: Jim on May 9th 2016 at 11:38:51

Message Thread

Good luck attracting a decent CEO and only offering football-based performance incentives (NCFC) - King, May 9, 11:20:31
- Yep, admin here we come (n/m) (NCFC) - CB41, May 9, 11:41:17
- Not "only" football based, there needs to be some balance but (NCFC) - Jim, May 9, 11:23:08
  - Very much agree Jim (NCFC) - Chopper, May 9, 11:33:40
    - Er, because it helps prevent them being reckless in order to get a big bonus (n/m) (NCFC) - South_West_Canary, May 9, 11:35:56
      - So the only alternative is to be 'reckless'?!!! (n/m) (NCFC) - Chopper, May 9, 11:37:11
        
        No, and that's why I didn't say that. (n/m) (NCFC) - South_West_Canary, May 9, 11:38:06
  - His bonus could relate to anything... (NCFC) - hoolahan, May 9, 11:29:47
  - Why not? (n/m) (NCFC) - South_West_Canary, May 9, 11:23:54
    - Because ultimately the aim of a football club has to be to succeed on (NCFC) - Jim, May 9, 11:28:12
      - What about then hedge CEO tries to do that, fails (NCFC) - South_West_Canary, May 9, 11:33:51
        
        You obviously need (NCFC) - Jim, May 9, 11:38:51
        
        How do you know he didn't go to the board to get approval? (NCFC) - hoolahan, May 9, 11:50:01
        
        We have no idea about the terms of our banking and financing, etc. (NCFC) - lurd, May 9, 11:42:05
        
        *The* not *hedge* (n/m) (NCFC) - South_West_Canary, May 9, 11:34:21
      - You don't know what players we where after etc (NCFC) - hoolahan, May 9, 11:33:18
        
        We all know roughly what players we are after but the bottom line is we (NCFC) - Jim, May 9, 11:36:22
        
        But the players identified didn't want to join (NCFC) - hoolahan, May 9, 11:45:23
        
        Yes but you do not have a scenario where one or two targets turning you down (NCFC) - Jim, May 9, 11:54:24
      - Good luck getting a CEO on those terms... (NCFC) - loz, May 9, 11:31:24
        
        So please explain. We can't pay top player wages but we pay (NCFC) - Chopper, May 9, 11:41:07
        
        Don't think I am. I bow to your greater knowledge of the content of (NCFC) - Jim, May 9, 11:32:43
        
        Of course though it all comes down to what the club's priorities are (n/m) (NCFC) - Jim, May 9, 11:33:22
        
        It's main aim is and should be to remain financially viable (n/m) (NCFC) - South_West_Canary, May 9, 11:35:00
        
        There are many different ways of being financially 'viable' a (NCFC) - Chopper, May 9, 11:42:35
- It's fair to say the average football fan has absolutely no clue as to what a CEO does or (NCFC) - lurd, May 9, 11:22:25
  - They do... log into twatter when you're totally wankered. (n/m) (NCFC) - harry boulders, May 9, 11:24:01
  - Then the average football fan shouldn't be able to call for his resignation (n/m) (NCFC) - hoolahan, May 9, 11:23:20
- Exactly. (n/m) (NCFC) - South_West_Canary, May 9, 11:20:51

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