Ghostwalker Posted April 4, 2009 Report Share Posted April 4, 2009 (edited) according to Nickis website. Nicki will not ride for c'towa in this season of Polish Extraliga. the reason for this is that c'towa is suffering from severe economic difficulties since their main sponsor Cognor which is a part of the metal concern is suffering from the global finance crisis. Both Nicki and the club tried to re-negotiate the contract but were unable to reach an agreement. Nicki is therefore free to begin the search for a new club. source: http://www.nickipedersen.com/Default.aspx?...amp;NewsID=1636 http://www.nickipedersen.com/Default.aspx?...amp;NewsID=1637 Edited April 4, 2009 by Ghostwalker Quote Link to comment Share on other sites More sharing options...
Mateusz Posted April 4, 2009 Report Share Posted April 4, 2009 Now the question is - is there anyone who'd like to sign him now? Honestly, I doubt it. Firstly - money, secondly - money, thirdly - two GP riders limit... You'd simply need around 2 mln zl extra (about 400 thousand quid) to adopt Nicki now Quote Link to comment Share on other sites More sharing options...
Ghostwalker Posted April 4, 2009 Author Report Share Posted April 4, 2009 Now the question is - is there anyone who'd like to sign him now? Honestly, I doubt it. Firstly - money, secondly - money, thirdly - two GP riders limit... You'd simply need around 2 mln zl extra (about 400 thousand quid) to adopt Nicki now yeah it will be intresting to see how he and his Swedish team acts since they have said that they want to lower the riders wages by 25%. Quote Link to comment Share on other sites More sharing options...
jeffster Posted April 6, 2009 Report Share Posted April 6, 2009 yeah it will be intresting to see how he and his Swedish team acts since they have said that they want to lower the riders wages by 25%. Thought Lejonon wanted to cut riders wages by 15% ? Quote Link to comment Share on other sites More sharing options...
Ghostwalker Posted April 7, 2009 Author Report Share Posted April 7, 2009 Thought Lejonon wanted to cut riders wages by 15% ? no its 25%. http://www.sr.se/cgi-bin/jonkoping/nyheter...Artikel=2730469 Quote Link to comment Share on other sites More sharing options...
jeffster Posted April 7, 2009 Report Share Posted April 7, 2009 no its 25%. http://www.sr.se/cgi-bin/jonkoping/nyheter...Artikel=2730469 So, have Axelent reduced or stopped their sponsorship ? Quote Link to comment Share on other sites More sharing options...
AndyM Posted April 7, 2009 Report Share Posted April 7, 2009 More fool him! I hope he finds himself out in the cold. Quote Link to comment Share on other sites More sharing options...
f-s-p Posted April 7, 2009 Report Share Posted April 7, 2009 So, have Axelent reduced or stopped their sponsorship ? That hasn't been said anywhere, it's more that they are preparing for the future and actually realising whats going on before the cash run's out. This talk has been ongoing for almost a month now. Thats dated March 13th. Quote Link to comment Share on other sites More sharing options...
Trees Posted April 7, 2009 Report Share Posted April 7, 2009 (edited) Just read on the Yahoo Groups forum quoted from a newspaper that if he doesn't agree to a pay cut with his Swedish team they don't want him!! Edited April 7, 2009 by Trees Quote Link to comment Share on other sites More sharing options...
iris123 Posted April 7, 2009 Report Share Posted April 7, 2009 But on the other hand apparently he will be in Poland tomorrow with his manager Quote Link to comment Share on other sites More sharing options...
RPNY Posted April 8, 2009 Report Share Posted April 8, 2009 Are people actullaly happy about this scenario? If so I think that's a little harsh. Imagine you signed a contract at your job & then you were just told that you had to take a pay cut. Now imagine your job was one where there was a fair chance of injury every time you went to work. Lastly imagine you were the best in the WORLD at your job... I think you'd have the ump at having to take a pay cut. Quote Link to comment Share on other sites More sharing options...
AndyM Posted April 8, 2009 Report Share Posted April 8, 2009 Do you remember that there was a case recently where people voted for a pay reduction at a factory to save the jobs of fellow workers? If circumstances have changed and the club in this case can't afford it, Nicki, who isn't short of a bob or two, should stay loyal and think of the common good by accepting a pay cut until such time as the club can afford his original deal. He would be rewarded for his loyalty in the longer term. Taking the attitude he has does nobody any good. Quote Link to comment Share on other sites More sharing options...
Trees Posted April 8, 2009 Report Share Posted April 8, 2009 I can't believe that the pay deals are now on a par with a PL rider over here or anything like that!! Quote Link to comment Share on other sites More sharing options...
Mateusz Posted April 8, 2009 Report Share Posted April 8, 2009 I heard the pay cut was 50%. Instead of about 2 million zlotys signed in the contract they offered him about 1 million. So tbh if I were him I'd probably tell them to f.ck off too Quote Link to comment Share on other sites More sharing options...
rabbit Posted April 8, 2009 Report Share Posted April 8, 2009 That's still approx £200,000 though - so afraid I've no sympathy. It's still a whole load of money. Do think some of these riders need to wake up and get in the real world at the moment, but that's just my opinion. Quote Link to comment Share on other sites More sharing options...
21st century heathen Posted April 8, 2009 Report Share Posted April 8, 2009 I can see both sides, but if it's a 50% pay-cut then I'm leaning towards Nicki's point of view. He will have a contract in place and will have planned his season around an estimated budget. To suddenly, on the eve of the season, be expected to take a 50% pay-cut is unbelievable. Losing £200k, for example, could blow his title hopes out of the water (just an example to show what it could mean to a rider like Nicki). Guys like Nicki may earn what most of us consider a huge sum, but they will be spending plenty on their set-up for the season and may already be committed to certain contracts for equipment themselves. Those that are on the side of the club should consider how they would cope with their financial commitments if they had to take a 50% pay cut tomorrow. The flip side being that 50% is better than nothing if the club folds. Quote Link to comment Share on other sites More sharing options...
Ghostwalker Posted April 8, 2009 Author Report Share Posted April 8, 2009 Nickis orginal Swedish contract is for two seasons and is said to give him about 3,85 million Swedish kr per season which is about £320k Quote Link to comment Share on other sites More sharing options...
lucifer sam Posted April 8, 2009 Report Share Posted April 8, 2009 I misread the title of this thread. I thought it said "Nicki says no to haircut". Scruffy git! And 50% is a lot. If my employer wanted to cut my wages by 50%, my reply would involve one finger. All the best Rob Quote Link to comment Share on other sites More sharing options...
AndyM Posted April 8, 2009 Report Share Posted April 8, 2009 I can see both sides, but if it's a 50% pay-cut then I'm leaning towards Nicki's point of view. He will have a contract in place and will have planned his season around an estimated budget. To suddenly, on the eve of the season, be expected to take a 50% pay-cut is unbelievable. Losing £200k, for example, could blow his title hopes out of the water (just an example to show what it could mean to a rider like Nicki). Guys like Nicki may earn what most of us consider a huge sum, but they will be spending plenty on their set-up for the season and may already be committed to certain contracts for equipment themselves. Those that are on the side of the club should consider how they would cope with their financial commitments if they had to take a 50% pay cut tomorrow. The flip side being that 50% is better than nothing if the club folds. Nicki's income is unsustainable in the current environment, and he must know it. If it is a 50% cut (do we know that for sure?), it is because anticipated revenue has fallen and the club can't continue with existing contracts, not because of any desire to backtrack on contractual commitments - if that were the case, nobody would do business with them. The point is that every club will start to feel the same constraints and sooner or later he will have to lower his expectations or give up speedway and move to F1 or something else. In times of recession, you have to cut your cloth... Quote Link to comment Share on other sites More sharing options...
rabbit Posted April 8, 2009 Report Share Posted April 8, 2009 (edited) Those that are on the side of the club should consider how they would cope with their financial commitments if they had to take a 50% pay cut tomorrow. I can see where you're coming from, but we're not talking your average man on the street on £25k - 30k...this is nearly 10 times that, and that's just the reduced amount! And not just his sole income either when you take into account open meetings, GP winnings, sponsorship etc and other leagues he can ride in. Personally if my employer offered me a cut in my money but the chance to keep my current job in the current financial climate, I'd be there like a shot. Edited April 8, 2009 by rabbit Quote Link to comment Share on other sites More sharing options...
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