Fromafar Posted November 5, 2015 Report Share Posted November 5, 2015 So can you confirm monarchs aren't going to cash in on cook.Probably not in the way he reported it IMO.Like people are saying can't see anybody forking out big money on riders nowadays. Quote Link to comment Share on other sites More sharing options...
JanAndersen Posted November 5, 2015 Report Share Posted November 5, 2015 (edited) Not totally up to speed as to how these things work. Would we get a loan fee each year if he rides elsewhere? Might that be the best way to work it? Edited November 5, 2015 by JanAndersen Quote Link to comment Share on other sites More sharing options...
Tsunami Posted November 5, 2015 Report Share Posted November 5, 2015 Not convinced the asset system does actually work. I can't see anyone paying a transfer fee for anyone in the current financial climate, unless it's a few hundred pounds. But Cookie and Max Fricke as a pair should have had a decent value!! Somebody has to own a rider. It makes sense to own a rider and save a loan fee, and also be in a position to get a loan fee if he is not in your team. Remember, apart from the reasons i have just stated, each club is required to own assets to a certain value, and if you don't, the difference between the actual value and the bond value has to be paid as a bond. Far better to have a rider of that value, and get loan fees if you are not using them. Quote Link to comment Share on other sites More sharing options...
Endeavour Posted November 5, 2015 Report Share Posted November 5, 2015 If Cookie decides in a few years down the line to come back to PL would it not be better if we still owned him? Quote Link to comment Share on other sites More sharing options...
screm Posted November 5, 2015 Report Share Posted November 5, 2015 If Cookie decides in a few years down the line to come back to PL would it not be better if we still owned him? Maybe, but would it not be in Edinburgh`s best interests giving the current climate to bring in a large sum of money to the club. Quote Link to comment Share on other sites More sharing options...
Gazc Posted November 5, 2015 Report Share Posted November 5, 2015 Not totally up to speed as to how these things work. Would we get a loan fee each year if he rides elsewhere? Might that be the best way to work it? Yes. Quote Link to comment Share on other sites More sharing options...
Fromafar Posted November 5, 2015 Report Share Posted November 5, 2015 Not totally up to speed as to how these things work. Would we get a loan fee each year if he rides elsewhere? Might that be the best way to work it?I wouldn't accept a Cheque for £40,000 from any speedway promoter with giving it the rubber test.!!!!! Quote Link to comment Share on other sites More sharing options...
jenga Posted November 5, 2015 Report Share Posted November 5, 2015 Maybe, but would it not be in Edinburgh`s best interests giving the current climate to bring in a large sum of money to the club. and then pass it onto a certain 3rd party for services rendered . Quote Link to comment Share on other sites More sharing options...
SCB Posted November 5, 2015 Report Share Posted November 5, 2015 If Cooks worth 40k then Coventry should be selling AJ and Nicholls for a combined 100k Quote Link to comment Share on other sites More sharing options...
scaramanga Posted November 5, 2015 Report Share Posted November 5, 2015 what a selling club values a rider at and what a buying club values the same rider is a different story and usualy they meet somewhere in the middle but arnt loan fees decided by different bands bassed on the riders average Quote Link to comment Share on other sites More sharing options...
Ben91 Posted November 5, 2015 Report Share Posted November 5, 2015 Somebody has to own a rider. It makes sense to own a rider and save a loan fee, and also be in a position to get a loan fee if he is not in your team. Remember, apart from the reasons i have just stated, each club is required to own assets to a certain value, and if you don't, the difference between the actual value and the bond value has to be paid as a bond. Far better to have a rider of that value, and get loan fees if you are not using them. It would save a lot of hassle if riders were only tied to a club for the length of their contract at said club though. Not sure how the system works in Poland for example but I'd imagine that riders are free to do as they please once their contracts are up over there? Didn't realise the bit about clubs having to own riders to a specific value, surely this is partly responsible for clubs bring overseas riders in on assessed averages just to meet said criteria? Quote Link to comment Share on other sites More sharing options...
george.m Posted November 5, 2015 Report Share Posted November 5, 2015 If Cooks worth 40k then Coventry should be selling AJ and Nicholls for a combined 100k If Edinburgh want £40K for Cook then someone needs to get the West Lothian police drug squad round to the Scotwasted Monarchs stadium pronto. 1 Quote Link to comment Share on other sites More sharing options...
TheScotsman Posted November 5, 2015 Report Share Posted November 5, 2015 Edinburgh didn't quote £40k - the journalist did. Big difference. 1 Quote Link to comment Share on other sites More sharing options...
george.m Posted November 5, 2015 Report Share Posted November 5, 2015 Edinburgh didn't quote £40k - the journalist did. Big difference. Really! Quote Link to comment Share on other sites More sharing options...
Monarchlad Posted November 5, 2015 Report Share Posted November 5, 2015 (edited) I suppose if we remember price the Tigers were forced to pay for Lawson and Summers....£40k for Cookie is about right Edited November 5, 2015 by Monarchlad Quote Link to comment Share on other sites More sharing options...
Tsunami Posted November 5, 2015 Report Share Posted November 5, 2015 It would save a lot of hassle if riders were only tied to a club for the length of their contract at said club though. Not sure how the system works in Poland for example but I'd imagine that riders are free to do as they please once their contracts are up over there? Didn't realise the bit about clubs having to own riders to a specific value, surely this is partly responsible for clubs bring overseas riders in on assessed averages just to meet said criteria? Not really, but if the bond for that promotion is say £30K, and the assets value is £20k, then £10K is needed to complete the bond value. It would pay to have an asset to either save a loan fee, or create a loan income. Quote Link to comment Share on other sites More sharing options...
george.m Posted November 5, 2015 Report Share Posted November 5, 2015 I suppose if we remember price the Tigers were forced to pay for Lawson and Summers....£40k for Cokie is about rightHokie Cokie?Hokey pokey? Okie dokie! 1 Quote Link to comment Share on other sites More sharing options...
Tsunami Posted November 5, 2015 Report Share Posted November 5, 2015 Hokie Cokie? Hokey pokey? Okie dokie! Put me down for Hokey Pokey. 1 Quote Link to comment Share on other sites More sharing options...
george.m Posted November 5, 2015 Report Share Posted November 5, 2015 Put me down for Hokey Pokey. Okie Dokie! Smokie Smokie! 1 Quote Link to comment Share on other sites More sharing options...
Mr Blobby Posted November 5, 2015 Report Share Posted November 5, 2015 I suppose if we remember price the Tigers were forced to pay for Lawson and Summers....£40k for Cookie is about right Well they paid half that for Lawson so sounds about right to me! But in all serious nobody in the EL is going to pay that much for a rider 2 Quote Link to comment Share on other sites More sharing options...
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