Register Login Scores

PSL

Pirates' Financial Policy For The Transfer Window

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.   

nextarticle

Belgian Giants To Make Move For Tau?

69 comments

Top 5

Official: Wits Announce Third January Signing

6 Jan 18, 2020 10:18 AM in PSL

UEFA Announce 2019 Team Of The Year, Salah Snubbed

8 Jan 15, 2020 02:46 PM in Messi/Ronaldo/Neymar Watch

The 10 Richest Clubs In The World Revealed

13 Jan 14, 2020 12:27 PM in World News

Comforting Message For Makaringe

159 Jan 17, 2020 08:00 AM in Orlando Pirates

Pitso Criticises Bucs Star For Showboating

253 Jan 15, 2020 10:16 PM in Mamelodi Sundowns

Professor Slams Pitso!

232 Jan 16, 2020 02:31 PM in PSL

The 10 Highest-Attended Football Matches In 2019

14 Jan 17, 2020 08:00 PM in World News

UEFA Announce 2019 Team Of The Year, Salah Snubbed

8 Jan 15, 2020 02:46 PM in Messi/Ronaldo/Neymar Watch

Amakhosi’s New Man Gets To Work – Squad Number Revealed?

35 Jan 16, 2020 10:53 AM in Kaizer Chiefs

Castro Joins Chiefs' List Of 2020 Negotiations

25 Jan 17, 2020 07:06 AM in Kaizer Chiefs

The 10 Richest Footballers In The World

28 Nov 24, 2019 07:17 PM in World News

Key Sundowns Man Makes His Return

27 Jan 17, 2020 09:20 AM in Mamelodi Sundowns

9 Players Who Left Barca Because Of Messi

29 Nov 03, 2019 10:21 AM in Messi/Ronaldo/Neymar Watch

What Fadlu Told Pitso In Showboating Saga

45 Jan 16, 2020 03:52 PM in Orlando Pirates