General Wolves News

[Kenny]

Just came on to post that. Have I genuinely read that right? He gave himself a pay rise of £212k?!

or he reached targets set by Fosun for that year and it was a bonus payment. (of course targets set will be a wide ranging scope not just on the pitch and this period is pre Lage fucking everything up in that area)

His wage would be signed off higher up the ladder within the Group rather than Jeff having a 1 to 1 with himself and boosting his own wage

 

[Johnny75]

50% pay rise!

 

[Tredman]

Luppolet24 does not like this.

 

[The Bear]

or he reached targets set by Fosun for that year and it was a bonus payment. (of course targets set will be a wide ranging scope not just on the pitch and this period is pre Lage fucking everything up in that area)

His wage would be signed off higher up the ladder within the Group rather than Jeff having a 1 to 1 with himself and boosting his own wage

It's still tone deaf when it comes out of the club's accounts, after years of consecutive price rises for fans who struggle to afford to go to games any more in the middle of a cost of living crisis.

Unjustifiable.

 

[Del Woppio]

In PL terms he's really on a pittance compared to the other top paid directors.

 

[Jinky]

or he reached targets set by Fosun for that year and it was a bonus payment. (of course targets set will be a wide ranging scope not just on the pitch and this period is pre Lage fucking everything up in that area)

His wage would be signed off higher up the ladder within the Group rather than Jeff having a 1 to 1 with himself and boosting his own wage

What Bear said. Utter lunacy.

 

[Deutsch Wolf]

Jez was on £500k p/a in 2003/4 - when we had far less money as a club and without nearly 20 years of inflation, let alone football inflation to consider.

Fosun pay Shi what they feel he is worth, which as Del says is not that much in relation to his peers. He didn't sign off his own wage increase FFS.

What they spend their/the club's money on is up to them and they'll be judged accordingly. Signing Guedes who was obviously shit and far too expensive is way more annoying. As is directly increasing the financial burden on fans by ever increasing ticket prices.

Edit: Not a brilliant source but he's down as earning £1.1m p/a here around 2011/12.

Newcastle 2 - Wolves 2: Don’t write us off yet

AFTER a fortnight which has seen one of the most revered clubs in the land descend into a music-hall joke, Wolves came away from Newcastle with a well-deserved point.

www.express.co.uk

 

[Kenny]

Not going to try and defend his pay but just saying his pay would be guided by someone else and as with any Director/CEO he will have a shit ton of bonus layers in there.

We all know wages in football are fucking stupid but what is worse Jeff getting £400-600k a year for running a club or the likes of Guedes picking up around 60k a week to be shit for 95% of his time with us? 1 of those wages is public(ish...as he isn't named but don't need to be Sherlock to work out its him) and the others are private.

Should players be on 50k+ a week when there is a cost of living crisis as well? Should they get new deals with pay rises or their bonuses for scoring goals.

I know which wages I would be picking apart before Jeff's

 

[Deano]

Aside from Jeff's wages, could there be any cause for concern next time? Youd think we will make a fair loss again in the next set of accounts with the money we have spent plus you'd assume the wage bill will have a fair increase - we haven't really sold anyone for big money to offset any of it. This isnt me saying there will be an issue I genuinely don't know.

 

[Stan Hullis]

It's also possible some of his pay may have been coming from elsewhere within Fosun Group and now more of it has transferred to Wolves instead.

I can understand why the optics are terrible but the underlying reason isn't a problem

 

[Del Woppio]

Aside from Jeff's wages, could there be any cause for concern next time? Youd think we will make a fair loss again in the next set of accounts with the money we have spent plus you'd assume the wage bill will have a fair increase - we haven't really sold anyone for big money to offset any of it. This isnt me saying there will be an issue I genuinely don't know.

Yeah I think there will be a substantial loss next time around tbh, comfortably £50m+, as we'll have the sacking of Lage & team, hiring of Jools and his band, and obviously substantial player recruitment with only really MGW bringing any money in

 

[Deutsch Wolf]

Yeah I think there will be a substantial loss next time around tbh, comfortably £50m+, as we'll have the sacking of Lage & team, hiring of Jools and his band, and obviously substantial player recruitment with only really MGW bringing any money in

Donck/Campana/Boly is about £20m and we'll have lost a fair bit off the wage bill (Ruddy/Saiss/Boly/Marçal/Donck weren't cheap, rid of whatever we were paying towards Cutrone and Bonatini while on loan too) which offsets at least some of the new signings since in that respect.

 

[Del Woppio]

Aye true, forgot about all the out of contracts and Donk too tbf. Mind you, wouldn't be surprised if Cunha, Sarabia and Nunes' combined wage surpasses the wages of all of the above

 

[Alan]

Capitalism in nonsensical distribution of wealth shocker.

 

[The Bear]

How much he's earning is irrelevant. Giving himself a 50% pay rise in the current climate is the issue. It comes across very badly.

 

[Kenny]

Giving himself a 50% pay rise

He hasn't

His bosses have or have paid him bonuses on top of his wages.

 

[Alan]

Would be interesting to see what each club executive makes tbh.

How much do you think Darren Eales makes, for example? Or that woman that Newcastle are propping up to be the white face of Saudi ownership?

 

[Kenny]

Would be interesting to see what each club executive makes tbh.

How much do you think Darren Eales makes, for example? Or that woman that Newcastle are propping up to be the white face of Saudi ownership?

Thats obviously before the current numbers were announced, so Jeff still in a relegation battle despite some extra ££ last year (Jeff in the directors pay bracket of course)

 

[Alan]

From the looks of that, Bournemouth should be the upset ones.

Cheers for doing the work I was clearly too lazy to do, Kenny.

 

[Kenny]

From the looks of that, Bournemouth should be the upset ones.

Cheers for doing the work I was clearly too lazy to do, Kenny.

Was going to say better than working...then realised my day ended 15 mins ago...so I am annoyed now, Cheers Al...