Pirates' Financial Policy For The Transfer Window
Floyd Mbele outlines Orlando Pirates Financial Policy
Orlando Pirates has come to declare that the driving force behind each signing is guided by financial parameters that provide a framework on which kind of players are signed and how their packages are determined.
The biggest signing so far is former Kaizer Chiefs goalkeeper Brilliant Khuzwayo. Furthermore, Soccer Laduma has reported that the Soweto giants have been in the running to sign several marquee signings including the likes of striker Leonardo Castro from Mamelodi Sundowns and most recently Andile Jali having lost out on both signings.
In January the Buccaneers were also linked with Sundowns attacker Khama Billiat, with financial terms said to be the biggest talking points in that potential deal.
Speaking to the crew, the club’s Administration Officer said that the club’s financial parameters were important in helping remain financially prudent.
“When signing players we are guided by our policies which regulate the salary caps we have for a type of player we sign,” said Mbele.
“This is how we operate. This is how we have always operated as a club. We need to be efficient when managing our expenses. We have salary caps for certain kinds of players and if the player wants more than what we are prepared to offer than we don’t sign him. It’s as simple as that.
“There are exceptions of course. If we deem a player to have economic value than we might motivate for the player to be signed. Imagine if we sign a player and meet his demands, then where would we draw the line. Imagine a player demanding R250 000 per month, you will end up having four players earning that much and they wouldn’t even be your regular players. That’s a million sitting on the bench every month.
“The fact is that when we don’t sign a player it’s because he falls outside of the parameters we are willing to pay, it’s nothing personal its business. The player is free to sign for whichever club is willing to pay,” concluded the Bucs Administrator.
The Buccaneers have signed several players and have already parted ways with the likes of Riyaad Norodien and youth players such as Charlie Hlalele.