AVB Had No Pay Off - More Good Work By The Board

[Superblue 6,331]

It is being reported today that AVB's pending arrival at Spurs will save us over £10m. As opposed to previous managers who received huge pay offs, we negotiated with AVB when he was fired to pay his £100,000 pw wages until he found a new job, rather than a lump sum pay off. Therefore once his move to spurs goes through next week as expected, we won't have to pay him anymore.

That is more good work from the board IMO to save huge pay outs, especially considering robbie completed the season on his assistant manager wage and his new contract will be a lot less than AVB's (reportedly between £2-3m pa).

We're european champions and it finally looks like everyone is pulling in the same direction to ensure the club acts as european champions.

[Spike 12,049]

He could have not had a job for the next twenty years. That would equate to £104 Million.

But that is of course if the clause didn't expire with his contract.

[Superblue 6,331]

He could have not had a job for the next twenty years. That would equate to £104 Million.

But that is of course if the clause didn't expire with his contract.

Yeah they effectively continued paying his contract so it could have been another two years pay off but this was always going to be unlikely. Otherwise it would have been about £5-8m pay off in all likelihood, so i think it was a clever tactic, as i said particularly after we recruited from within so weren't paying two manager contracts after he left for the remainder of the season.

[royg 96]

If this is true then it would be less spending for CFC. Good for AVB to find a new job too.

[Jype 6,398]

Good to see the board have finally grown themselves a functioning set of brains.

[OneMoSalah 8,609]

I read somewhere that if he didn't have a new job by July he would of got a 10 million pay out though but looks like the board have found out how to think reasonably for once.

[termninja 5,290]

Nice one. Christ, this is 4th or 5th time I'm saying good things for the board in the last couple of months...

[Shane 2,275]

There is no quotes, its only reported, and it was reported at the time of AVB's sacking that we paid him £10m

[robdog 2,084]

If this is true then it would be less spending for CFC. Good for AVB to find a new job too.

Ha, ha...bro you got to put this *.gif in the laugh @ spud thread Totally funny

[LDN Blue 7,903]

Na, I don't believe that

We'll only truly know next year when CFC report their financials for the end of year which will show exactly what we ended up paying for Villas-Boas' departure.

[watcherfromafar 11]

Are Spurs really going for him? I heard the rumour, but can't believe it.

[Kostas 1,468]

Isn't that how these things also worked in the past? I think instead of one huge pay off we kept paying Ancelotti his agreed wages until he got hired by PSG.

[English Freak 456]

Isn't that how these things also worked in the past? I think instead of one huge pay off we kept paying Ancelotti his agreed wages until he got hired by PSG.

Actually, I think Chelsea gave Ancelotti a £6.5 million pay-off...according to quite a few reports.

[SeB 1,281]

I didn't think it was worth opening a new thread. So I post it in the latest AVB related thread:

Carl Magnay said things about him and his management yesterday evening on twitter. He's at Gateshead now

https://twitter.com/#!/CarlMagnay_Icon

[Henrique 9,133]

Source?

[SeB 1,281]

Errr... Player's twitter ? The link I posted above, just check last eveing tweets

[strong centreback 157]

AVB doesn't come off well does he, saw a classic line somewhere about bale trying to find his receipt for his new contract lol

[bababoom 4,478]

Errr... Player's twitter ? The link I posted above, just check last eveing tweets

I think he was talking to the op.