blacktip-reefy said:
uummmm...wasn't the extension only applicable if the top 8 is made twice .
But even 650k is too much.
it won't come to that.
No, that has been our general belief but the wording is quite different I have found out. What most here thought was a 2 year option at the end of 2004 is not 100% correct.
The contract says, in legalese of course, that each time he makes the semis he is entitled to a 2 year option after that year.
This is why I am against the club doing anything silly that could see them get into big fiscal sh*t.
If they give him the rocket now they take away potential earnings for 2005 and 2006 as well. If he was to litigate successfully he'd be able to claim his wage x 3, plus bonuses that are in the contract and possibly punitive damages as well I believe.
So the risk is obvious from the club's point of view. If they let him go on for 2004 and the side happens to make the semis he gets 2005 and 2006 as well - as per the contract. If they dismiss him mid contract they stand to be up for a lot of money. Enough to, as E_S said, see the downfall of the club altogether.
It's not as easy as people think, it's a long way from over yet. Ando will not walk I wouldn't think unless any settlement offered covers his mortgage at least. How much did the press say he payed for the house? $1.5m wasn't it. Like we other workers he can't afford to walk away unless it's into another job - so I doubt he will.
Realistically, I don't see the side making the 2004 semis so I still maintain the club is better to bite the bullet for 2004 and keep him on.
The club has to be very clever and very cautious because so far Ando and the people who made this contract have been a step ahead all the way.
Who's the dipstick lawyer for the Sharks that accepted this contract is what I wanna know?