Jump to content

Lowe and Cowens severence pay


Huffton

Recommended Posts

what about LM and Keith Wiseman doing the same as they sold their shares? Did LC get severance pay? how about every footballer who has left the club after taking loyalty bonusses.It goes on and on.

 

I have criticised the cashing in of shares by Lawrie and Wiseman in the past, legally fine, morally debateable.

 

Crouch got no severance pay.

 

Individual players, each case on their merits (some worthy of loyalty bonuses, others taking the pss).

 

But what do you think about these people taking these large sums, then returning and maybe having to try and galvanise some financial support for the Club (I certainly wouldn't want Wiseman or Lawrie leading a drive eithert)?

 

I know what I would say - You two put some of the money you have taken from the Club and then we'll start chipping in.

Link to comment
Share on other sites

Anyway it would seem to me that only one thing will galvanise the support base.

2 straight wins in the immediate future.

 

And in the absence of that?????

 

As if we can't achieve success on the pitch, are you just saying we're fcked????

 

Or would you not agree that there might be an opportunity to galavanise the supporters, the Club and maybe even the city if the right people went about it in the right way???

 

I haven't got anything in mind, but I do believe if it was approached in the right manner, that depsite being sht on the pitch, there might be an oppotunity for us all to pull together for the long term future of this Club.

 

I just can't see Lowe being able to achieve this, with or without success on the pitch.

Link to comment
Share on other sites

To be honest I don't know if that is true or not, but I'm referring specifically to the people on here who condemn without first putting themselves in the same situation.

 

If i was loaded like Lowe and Cowen i'd look at Saints situation and wave the payout. I'd do this because i'd put SFC before myself.

 

Also a little birdy tells me that Andrew Cowen has visited the Cardiff Saints several times now. Perhaps these little get togethers cloud your judgement?

Link to comment
Share on other sites

If i was loaded like Lowe and Cowen i'd look at Saints situation and wave the payout. I'd do this because i'd put SFC before myself.

 

Also a little birdy tells me that Andrew Cowen has visited the Cardiff Saints several times now. Perhaps these little get togethers cloud your judgement?

 

Why should they waive the payout, they didn't want to leave, they were forced out? If I was forced out of my job, I'd take severance pay because I feel I deserved it for my job being taken away from me, however much I 'loved' the company. It's more of a swipe at the people who took their jobs.

Link to comment
Share on other sites

From memory I believe the accounts refer to total payments in respect of directors' terminations in the relevant period of £563,000.

 

If anyone is inclined to check that, there are links to the figures on the OS somewhere.

 

They have ALWAYS taken NEVER given back. Whether this is relevant or not - it's a fact.

Link to comment
Share on other sites

If i was loaded like Lowe and Cowen i'd look at Saints situation and wave the payout. I'd do this because i'd put SFC before myself.

 

Also a little birdy tells me that Andrew Cowen has visited the Cardiff Saints several times now. Perhaps these little get togethers cloud your judgement?

 

Rubbish. If you were a businessman talking sums of half a million you would put your bank balance first, you would have a duty of care to look after yourself and your family before any kind of business concern that you had been booted out of. It's all to easy to say that you would do this and that but actually doing it is another.

 

All of these so called very rich Saints fans like Trant, Salz and Crouch have had the opportunity to dip into their pockets, but never actually do it.

 

Your little birdy is rather wide of the mark I'm afraid. Several times over the years maybe. I haven't seen or heard from Andrew Cowen for some months.

 

My judgement isn't clouded either, I just think there are double standards here, as I said earlier, condemn for the blatant f*ck ups that have occurred since Crouch was ousted, the constant stream of spin etc, but the only people that would possible waive any kind of pay off would be those to whom half a mill is a drop in the ocean and there aren't such people around here.

Link to comment
Share on other sites

Lowe said:

 

"As a Club we have never needed the people who are true supporters more than we do today.

 

"To see 3,800 fans travelling to Reading this coming weekend encourages me to hope that this is happening and we are adamant that with everyone pulling in the same direction we can restore this great Club back to where it belongs."

 

Don't do as i do, do as i say springs to mind.:rolleyes:

 

I find it incredulous how Lowe can call on fans to put money into the club given the greed he showed by demanding a severence pay-off.

Link to comment
Share on other sites

Lowe said:

 

"As a Club we have never needed the people who are true supporters more than we do today.

 

"To see 3,800 fans travelling to Reading this coming weekend encourages me to hope that this is happening and we are adamant that with everyone pulling in the same direction we can restore this great Club back to where it belongs."

 

Don't do as i do, do as i say springs to mind.:rolleyes:

 

I find it incredulous how Lowe can call on fans to put money into the club given the greed he showed by demanding a severence pay-off.

 

Again Stanley, why?

Link to comment
Share on other sites

Rubbish. If you were a businessman talking sums of half a million you would put your bank balance first, you would have a duty of care to look after yourself and your family before any kind of business concern that you had been booted out of. It's all to easy to say that you would do this and that but actually doing it is another.

 

All of these so called very rich Saints fans like Trant, Salz and Crouch have had the opportunity to dip into their pockets, but never actually do it.

 

Your little birdy is rather wide of the mark I'm afraid. Several times over the years maybe. I haven't seen or heard from Andrew Cowen for some months.

 

My judgement isn't clouded either, I just think there are double standards here, as I said earlier, condemn for the blatant f*ck ups that have occurred since Crouch was ousted, the constant stream of spin etc, but the only people that would possible waive any kind of pay off would be those to whom half a mill is a drop in the ocean and there aren't such people around here.

 

 

still a pro Lowe! when will you see the light

Link to comment
Share on other sites

still a pro Lowe! when will you see the light

 

I'm not taking any side here, just pointing out the double standards.

 

Can you show me where "condemn for the blatant f*ck ups that have occurred since Crouch was ousted, the constant stream of spin etc," is pro Lowe?

 

Are you so blinkered that you can only see things from one point of view?

Link to comment
Share on other sites

I'm not taking any side here, just pointing out the double standards.

 

The only double standards i can see is Lowe calling on fans to support the club while him and Cowen siphon off a big fat severence payout.

 

I sincerly hope the club goes into administration and Lowe and his cronies lose millions.

Link to comment
Share on other sites

1. Its not disgusting, they were contractually entitled. I'm thinking we should ask Woolworths staff to pay back their wages on the basis that if they had't taken a wage the firm wouldn't have gone down.

 

2. Whgen Lowe and Cowen left, we were not in a financial mess.

 

Nonsense.

Link to comment
Share on other sites

The only double standards i can see is Lowe calling on fans to support the club while him and Cowen siphon off a big fat severence payout.

 

I sincerly hope the club goes into administration and Lowe and his cronies lose millions.

 

Don't be so soft Tris, do you seriously expect any official of a football club to say to the fans, "don't bother supporting the club any more, it's going down the pan"?

 

So they got severance pay. Big deal. It happens all the time and where some not inconsiderable amounts of cash are involved and legally entitled to, there are very few people around that would waive it in the best interests of the club.

 

The double standards I refer to are those who say they wouldn't do the same, because in my opinion, they would do just that. If you were entitled to £200K you wouldn't turn it down and I think it's churlish to expect anyone else to just because you don't happen to like them.

 

I would question all the d1ck measuring that is going on at the moment between all the 3 major shareholders, the decision to rely on too many kids, the decision to appoint JP and Wotte, particularly when they had never met and didn't actually get on. There's enough there to be going on with

Link to comment
Share on other sites

The only double standards i can see is Lowe calling on fans to support the club while him and Cowen siphon off a big fat severence payout.

 

I sincerly hope the club goes into administration and Lowe and his cronies lose millions.

That may be the case but we would also lose any player of any value for peanuts.AL, AS KD and any other player would be sold to pay back the banks.We would thne be left with the schoolboys.I dont understand how people can wish for a doomsday scenario, just to feel that it has cost RL a few quid.he will be financially secure whatever we as fans would be left with ashes and what wqe have now is Utopia compared to what we would have.
Link to comment
Share on other sites

If company shareholders vote to bin someone from the payroll and then pay them off, then the receiver has done nothing wrong in accepting his severence pay. If that person later puts himself forward to be re-employed and the shareholders decide to go for it, then he has still done nothing wrong. I know a few instances in "real life" like this. My mate once applied internally for his bosses job and they overlooked him. He resigned. Someone else got it and within 6 months they left. He then applied for the job and got it plus a lot more money than was originally offered.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...