Emperor, on 26 July 2015 - 02:32 PM, said:
Hello all,
My summary of this SC business is this,
Paul cox never played any kind of football of which was evident to all,
He didn't play with wingers or attacking full backs, Sam was a footballer pure & simple,
If the rumours at that time are true, I heard PC never wanted to sign SC but was advised by our then chief scout Paul Ogden to get him,
It was clear to see Sam's frustration has it was all of ours watching the drivel in which PC served up.
To be fair that hard stuff got us back in the FL, I don't blame Sam for leaving.. He is a natural footballer, in the end we got 70k for a footballer and no team like Hull or Norwich would have offered a 3rd of that to us, it' was good business from ourselves to make sure he went to a footballing side and put on a 20% sell on clause,
We all believe that with no disrespect Sam had all the credentials to play at the top (hence the clause)
To be honest it's happened a bit sooner than I'd imagined but in the end Chesterfield get 1.3 million pounds Mansfield will get 260k + the initial 70k So all in total we got 340k .. Great local business by both.
Good luck to you all next season.
I think you will find your sell on is 15%.
Also, this will be 15% of the Profit ie £1.23 million which is £184500 which will be paid to you in proportion to the instalments as agreed to be paid to us.
Then, of this £184500 you will have to pay the Liquidators of Hereford United 20% (£36900) in respect of their sell on clause to leave £147600.
So, by my calculations you will receive a total of £203600 (£70k less 20% = £56k + £147600) - not to be sneezed at but quite a bit short of your £340k.
This post has been edited by dtp: 26 July 2015 - 02:57 PM