Dave King has opened up on the ridiculous contracts given to players by Micky Beale.
During the summer window the Ibrox Tribute Act were able to get rid of Todd Cantwell and Sam Lammers but other big earners remain on the books on long term contracts.
Cyriel Dessers and Danilo have failed to score any significant goals since £10m was spent on transfer fees with the Brazilian striker currently injured and left out of the Europa League squad.
Jose Cifuentes has been sent out on loan for the second time while free agents Kieran Dowell and Jack Butland are on massive salaries after arriving from England.
Beale was sacked at the end of September last year, barely a month after the transfer window closed but while the manager that became a Recruitment Director has gone the club are lumbered with what can only be termed as onerous contracts.
Speaking to the Rangers Review King laid out the issues created by putting The Brains Behind Gerrard in complete control:
Michael Beale got free reign just to sign who he wanted on the commercial terms. There was no board oversight. He just did what he wanted.
He signed players and put them on contracts that are just unworkable at the moment and unwindable. Hence, the club ends up in a situation where, I don’t know how the manager would feel, but the manager comes in on a certain basis and there’s an idea you can rotate the squad, get some players out, get some players in.
Then it turns out you can’t get the players out because commercially no one wants them without you subsidising them. There’s contractual penalties in their contracts which are absurd.
Broadcasting those details doesn’t help as the Ibrox club try to shift the deadwood, in May Clement was hoping that it was the end of a cycle for the serial losers.
Ianis Hagi signed a contract extenson soon after Beale took over, it seems that his next appearance will trigger a £6,000 a week increase in wages, the Romanian is current sitting on 99 appearances.
The absurd contract details are likely to be appearance related rather than for rewarding success, the Hagi situation seems typical of the sort of deals that Beale was dishing out after looking into the eyes of prospective signings.
Before Beale arrived incredible contracts were handed out to Rabbi Matondo, Ridvan Yilmaz and Ben Davies while James Tavernier signed a four year contract at the same period despite no other club ever showing interest in the former Wigan and MK Dons midfielder.
The reported £500,000 transfer fee for Cantwell is likely to have carried with it a pay off for the player with the Championship club unlikely to match the Ibrox wages of the former Norwich starlet.
Whoever comes in as CEO at Ibrox will have to continue with a cost cutting exercise against a background of King feeding fans with details about the inner workings of the club as he continues his attack on his former boardroom colleagues.
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1 Comment
by Valentine's day massacre
If memory serves ,didn’t Super Swally when he was chief greenkeeper in Ibroxland not dish out ridiculously high contracts to players ,weeks after liquidation too? Thousands of pounds per week when languishing in the lowest league possible in professional Scottish football . If you don’t learn by your mistakes ..well !