[Larkin around]

The 25% to Torquay is definately £100k then? Confirmation?

[Cartman]

thought it as 25% of any profit made on him

still 300k in the bank for Ward is very good business

[Wooden Spoon]

MurrayBu, on Jan 7 2009, 05:46 PM, said:

The 25% to Torquay is definately £100k then? Confirmation?

£25% of any profit, ie, anything over what we paid them.

spireiteblue, on Jan 7 2009, 05:49 PM, said:

I make it £76250

correct SB

[Larkin around]

death, on Jan 7 2009, 05:50 PM, said:

£25% of any profit, ie, anything over what we paid them.




correct SB

Not what ol' Bazza said in his pre-crimbo interview.

As azul said, when asked if we'd accept a £260k offer for Jamie, he said 'no way, because Torquay would get £65k - and therefore 25%.

[Wooden Spoon]

MurrayBu, on Jan 7 2009, 05:52 PM, said:

Not what ol' Bazza said in his pre-crimbo interview.

As azul said, when asked if we'd accept a £260k offer for Jamie, he said 'no way, because Torquay would get £65k - and therefore 25%.

See post by Phil Tooley. (the butler)

[Larkin around]

death, on Jan 7 2009, 05:57 PM, said:

See post by Phil Tooley. (the butler)

Where can I find that? Surely our shrewd, in-the-know chairman knows the financial state of things?

[Wooden Spoon]

MurrayBu, on Jan 7 2009, 06:00 PM, said:

Where can I find that? Surely our shrewd, in-the-know chairman knows the financial state of things?

Look for posts by colin heaths butler.

[Sammy Spireite]

death, on Jan 7 2009, 06:03 PM, said:

Look for posts by colin heaths butler.

what if he does sign for Barnsley, and we get the £300k (£100k to the Gulls) and we havee a 25% sell on,

If he then goes for £1m, we get £250k, surely we would have to give 25% of that to torquay??

[Wooden Spoon]

Sammy Spireite, on Jan 7 2009, 06:12 PM, said:

what if he does sign for Barnsley, and we get the £300k (£100k to the Gulls) and we havee a 25% sell on,

If he then goes for £1m, we get £250k, surely we would have to give 25% of that to torquay??

yes., just like Folan and leeds

[Larkin around]

Sammy Spireite, on Jan 7 2009, 06:12 PM, said:

what if he does sign for Barnsley, and we get the £300k (£100k to the Gulls) and we havee a 25% sell on,

If he then goes for £1m, we get £250k, surely we would have to give 25% of that to torquay??

Another confusing aspect of a sell-on clause.

Apparently we did give Leeds money, but I have read in places that that doesn't happen, also, otherwise clubs would be getting money 10 transfers down the line. Is there a cut off point?!

[Westbars Spireite]

death, on Jan 7 2009, 05:57 PM, said:

See post by Phil Tooley. (the butler)

I thought he posted under his own name or have I dreamt that?

[moondog]

WESTBARS SPIREITE, on Jan 7 2009, 06:31 PM, said:

I thought he posted under his own name or have I dreamt that?

He does both

[dazcarrlegend]

Bet the sell-on clause involves a pre-season friendly against Barnsley.