wouldIlietoyou
All Australian
- Dec 1, 2009
- 903
- 243
- AFL Club
- Carlton
I agree to the fact that there is flaws in the system, but with a little more research and planning, my opinion is it will work.
There is a threshold for tax free income generated from a hobby (I am not sure the exact amount)
If everything is ran by the books, no problem. The risks for under the table agreements would be no different to getting paid Cash in the real world (employers get crucified compared to employee's, if caught. no different to the Clubs paying Players) so the risks are by far greater for the Club than they are for the player. Most companies are smart enough to not risk it.
If your at a good club, of course the club would care about their reputation.
Is this system really the issue?
Or is the real issue Clubs and Players not wanting to pay tax?
Or is it Clubs not wanting this to be in place due to someone (CLUBS!) will have to pay administration costs eventually?
Or Clubs wanting to spend as much as they like?
Yes there is a threshold last I recall was worked out players could earn around the $300 per game. $300 is buggar all and not the amounts people are complaining about. That's why I said clubs would pay the rest cash elsewhere. From what I understand the plan was to have the players sign stat decs or the like declaring that the contracted money was all they were receiving. Would you out yourself later if this wasn't the case, you had earned more but now want to cause trouble because you have the cranks??
How many employers in this country have been caught paying under the table?? Compared to how many are actually doing it, buggar all.
If you think businesses aren't risking it you are not in touch with the real world. Cash payments are very much alive.
Do you think paying auditors is more important than injecting funds more wisely into projects that encourage more participation or actual admin help at club level.
Our real issue is player numbers.
Think very carefully how this will play out then. Players on less points all of a sudden a very good commodity for higher leagues who are also chasing player numbers not just talented players. Especially if everything is done by the books and points. The money will hit pdfnl harder than you think.
I said the clubs that do these deals wont care and will have people smart enough to cover their tracks. Those deals will happen and will cause the system to fail.
My issue and sole issue is the system will be rorted in favour of strong clubs, the points will still favour strong clubs and it won't (unfortunately) achieve anything positive for smaller community clubs or equalise comps.
Clubs paying for admin to administer this just makes it worse as that will also hit smaller clubs the most.
But if you can show me how to plug these holes and why all that admin expense is justified I'm more than happy to hear it.