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News Article  | PSL

Pirates' Financial Policy For The Transfer Window

Floyd Mbele outlines Orlando Pirates Financial Policy

By Soccer Laduma - Jun 17, 2018 09:46 AM

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.

Read: Bucs Reshuffle Squad, Striker To Be On Way Out

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.   


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miltah.king@gmail.com Joined: 28 Jul 2015
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miltah.king@gmail.com Jun 20, 2018 11:42 AM
This tells me that Jali fell outside the club's financial parameters. I think this needs to be commended. As it opens opportunities for up and coming players to get to play for big team like Pirates. Look at the likes of Maela he is on his way to the top. We took Jali when he needed much exposure and we groomed and developed him. Now is time for him to make money somewhere. We will continue giving young stars opportunities to play for big team. Not to say the salary is not fair it is more than fair.
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setlaboswana Joined: 20 Mar 2012
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setlaboswana Jun 18, 2018 12:45 PM
@LeCowHloHlo vs mix vongani, I don't insist, I am saying I have never heard of any such policy at big clubs around the World. The last time I heard about it was when Bobby made a similar statement in order to justify fau signing free agents.
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BIG-MIKE14_VERSUS EDITOR ROUND3 Joined: 06 Oct 2017
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BIG-MIKE14_VERSUS EDITOR ROUND3 Jun 18, 2018 11:47 AM
Very spot on & it makes sense, we've been around since 1937 & no player is bigger than the club.
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LeCowHloHlo vs mix vongani Joined: 09 Feb 2017
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LeCowHloHlo vs mix vongani Jun 18, 2018 11:36 AM
@setlaboswana as I already stated, don't insist me to talk about things which are unnecessary for me to be concern about.
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The haunter Joined: 10 Jun 2015
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The haunter Jun 18, 2018 11:27 AM
We are more than a football club, if he comes here for the money and not the passion then he can go elsewhere. You must be spiritual connected to the team first, not by bank account first. I love Pirates, I respect Pirates and I expect the players to do the same before they talk about money. It's not force to play for us, it's up to you as a player.
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mbixane Joined: 04 Dec 2014
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mbixane Jun 18, 2018 11:27 AM
It really makes business sense, but in reality that should be gazetted in the league and SAFA otherwise the difference between so called small teams and big teams will never end because some teams cannot pay high salaries to their players then they will not have quality players because of the players demands.
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setlaboswana Joined: 20 Mar 2012
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setlaboswana Jun 18, 2018 10:21 AM
@LeCowHloHlo vs mix vongani, where have you heard such financial policy from Big Clubs around the World except fau and builders. What made Floyd Mbele to finally read the policy book in public?
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LeCowHloHlo vs mix vongani Joined: 09 Feb 2017
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LeCowHloHlo vs mix vongani Jun 18, 2018 10:00 AM
@setlaboswana if we lost Jali because of financial policy, I had nothing to say.
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LeCowHloHlo vs mix vongani Joined: 09 Feb 2017
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LeCowHloHlo vs mix vongani Jun 18, 2018 09:54 AM
@setlaboswana as I stated. Ke fella moo.
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ThatoMaphanga Joined: 30 May 2012
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ThatoMaphanga Jun 18, 2018 09:32 AM
bafowethu i support this policy. having players with very big differences in salaries is never healthy. Imagine Jali earning R700 000 and Maela earning R50 000, its not fair at all. it will cause divisions in the team. some players will have ego. some players will feel underpaid and undermined. so i think its fair to have a certain financial range with no outliers. no players has to be treated special. this is not because the team doesnt afford to pay the outliers but the aim is to keep the dressing room healthy. we win together and get bonuses together. no special tratement. if you feel like you are a special player, then leave the team. dont sign. viva bucs
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setlaboswana Joined: 20 Mar 2012
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setlaboswana Jun 18, 2018 09:26 AM
@LeCowHloHlo vs mix vongani, are you happy when the players you support get exploited by the soweto master?
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KhothaKhosi Joined: 15 Feb 2018
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KhothaKhosi Jun 18, 2018 09:08 AM
Sensible people will understand that Floyd. Its a fact, you are running a business over there, some of these fans have no proper schooling, so they cannot reason appropriately at times. You do not sign a player at all costs, otherwise you will be like Celtics, selling a bankrupt club.
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Mentashe Joined: 21 Dec 2015
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Mentashe Jun 18, 2018 08:50 AM
It makes a lot of sense Floyd.
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LeCowHloHlo vs mix vongani Joined: 09 Feb 2017
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LeCowHloHlo vs mix vongani Jun 18, 2018 08:02 AM
@setlaboswana we are the supporters, so as for how much players earn at their respective teams, that has nothing to do with us. If a player and his agent are content about the offer, that is their own problem.
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setlaboswana Joined: 20 Mar 2012
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setlaboswana Jun 18, 2018 07:30 AM
@Skeem Sa HDK, we know builders players are not high earners around, but for Floyd to come out here and try to justify their failure to sign Jali by hiding behind the so-called financial policy is disturbing if not annoying.
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magents02 Joined: 07 Feb 2012
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magents02 Jun 18, 2018 07:14 AM
@Smoothery exactly good point
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magents02 Joined: 07 Feb 2012
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magents02 Jun 18, 2018 07:13 AM
Liar,Khoza is so stingy
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setlaboswana Joined: 20 Mar 2012
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setlaboswana Jun 18, 2018 06:51 AM
@LeCowHloHlo vs mix vongani, well, I find it hard to understand this policy more especially when it is being practised by the so-called big clubs (fau & builders). I never heard it anywhere in the Big Leagues.
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Smoothery Joined: 11 Feb 2014
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Smoothery Jun 18, 2018 06:40 AM
@Kidos: The issue of players sitting on the bench is not really about the money they’re paid but rather about the choice the coach makes on the day.... if we’re to use such logic we’ll be doomed because some players join the team as fringe players then rise to stardom, the likes of Jali at Pirates, Mabunda at Sundowns, etc. Are you suggesting that because they were signed young and not being stars (not marquee signings) they’re to benched so that those players with big earnings can play in the first 11? That would be stupid and suicidal. By the way soccer is a team sport therefore you can’t be looking at individual players
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LeCowHloHlo vs mix vongani Joined: 09 Feb 2017
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LeCowHloHlo vs mix vongani Jun 18, 2018 06:37 AM
@setlaboswana, I mean you understand and pay respect for our financial policy.

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