Here we go again? Salary cap issues?

[franklin2323]

I always thought Wizardman was Buzz. A few of his threads he started turn into DT stories

 

[Special K]

If we made it through 2009 we will never fold. Don’t give it the clicks.

 

[King Ben]

The club says f**kING NOTHING to save themselves from the media and the media goes to town on us along with all the other sharks haters which is everyone cos Gallen is a loudmouth.

Here you go..
https://www.nrl.com/news/2018/11/29/sharks-ready-to-make-painful-financial-decisions/

 

[BxTom]

Buzz denying ever visiting league unlimited forum.

I suspect that it is someone that visits the Panthers section and always breaks rumours. That poster has a lot of post about the media. Not prepared to name that poster 'til I get some more proof though. Anyone know Buzz's dob?

 

[Ronnie Dobbs]

Where the bloody hell is Clint when you need him?

 

[MilkShark]

1.5 million saved by getting rid of 10 people, you do the figures. Great move.

If this financial stress means the boys club takes a hike, i'm all for it.

 

[Differ To The Coifed]

I suspect that it is someone that visits the Panthers section and always breaks rumours. That poster has a lot of post about the media. Not prepared to name that poster 'til I get some more proof though. Anyone know Buzz's dob?

12.09.1924

 

[Generalzod]

 

[Generalzod]

No news on Flanno???

 

[azzah72]

I am hearing we have lost all of our sponsors, like maybe 1 left.

it'll end up in the media eventually.

 

[Feej]

I am hearing we have lost all of our sponsors, like maybe 1 left.

it'll end up in the media eventually.

Why would they *all* jump?

 

[Generalzod]

Good job Barry Russell

 

[Cheese sandwich]

Self serving snakes

 

[BxTom]

12.09.1924

Ties in.
https://en.wikipedia.org/wiki/H._H._Asquith

 

[azzah72]

Why would they *all* jump?

Holmes
Salary Cap Scandal
Bad Press

Name one.

 

[Frank Discussion]

This forum might aswell be inside the news limited building. Employees all of us. You’re welcome buzz ya f**kwit

Dont go flattering yourselves LU posters. News of this is rife around the shire. Buzzs sources are his mates at De La and to a lesser degree, members of the board. While journos do trawl the forums for info; real juicy stuff like this comes from people inside the Ark.

So what’s f**king new people get sacked from work everyday what’s makes the Sharks any different geez and they where offered reduncies lol

The team was already one of the leanest in the NRL so 10 staff is pretty drastic. There were a couple of people I can think of that weren't bringing any revenue into the business but how they found enough fat in the company to get rid of 10 people I will never know. A lot of the people who work at the Sharks are doing so for way less than market rates and relied on the place to put food on the table- they are now figuring out what comes next because I know the redundancy pay is bare minimum and not a dollar more.

 

[Dragon Slayer]

Good job Barry Russell

Got to give to him he’s destroyed the Club in an Olympic time!

 

[carcharias]

Yeah but companies lay people off all the time.
Companies that make huge profits lay people off all the time... probably more than ones that struggle.

Business’ aren’t formed to make sure everyone has a lovely Xmas.
It’s shit
But that’s life .

 

[Craigshark]

Honestly but, how can things go so downhill so quickly? Since this f**kwit took over it has been nothing but bad news?

 

[SBD82]

1.5 million saved by getting rid of 10 people, you do the figures. Great move.

If this financial stress means the boys club takes a hike, i'm all for it.

$1.5m would be the cost saving, not the wages.

Wages are a massive part of the costs of having employees, but you also have to factor things like transport, tax, insurance, rent, IT etc etc. 1.5m isn't low, but it's not crazy for ten staff if you had say 8 staff with 2 managers.