Ángel Torres: “How will clubs that use an ERTE justify their transfers?”

first_imgThe Federation has communicated the teams that will play European competitions. What do you think?They have made a list that no one has asked for. They have no competition. UEFA has extended the deadline for requesting their license and they are the best behaving.And that in their day they had it with you for refusing to play in Milan …Then they congratulated me on that brave decision. UEFA, the Secretary of State for Sport and almost everyone except our Federation.What would be your solution?You cannot start a competition without having finished the previous one. UEFA has suspended the Euro Cup and is ready to do the same with its competitions. Everything is easy for the leagues to finish.What if you can’t play again in the medium term?We want to play and we have all the dates. You win and lose on the field. When the authorities decide. If LaLiga ends today we are fourth, there are no more. UEFA will not allow any team from federations that have not finished their competition to play their competitions. In Europe it is played at the invitation of UEFA, but here some enlightened have not heard anything.Is it true that you will request a tiebreaker if LaLiga is terminated?That is false. If there is to suspend a League that is the one of the next season.Are you still ruling out ERTE even if this situation continues?We are not going to do an ERTE in any way and I do not understand that there are clubs that use it.Why do you think it has happened?I prefer not to criticize colleagues who have done it, but it is nonsense. We did not go to bankruptcy, but there is a regulation that we all approve as the solution to the problems from which soccer came. Five years later, they already want to resort to public aid and take these measures.What reasons are there? None. Especially to act in such a hurry. Ten days after being stopped, ERTE was already being used.Will you take other measures?We do not want to harm any employee. We are a healthy club.What losses have you estimated?It is difficult to know. It would be more serious if more games cannot be played. We are not a big box office club because we have the almost complete stadium with the subscribers who would have to return the part corresponding to the games that they are not going to enjoy.You are making very brave decisions.Refusing to play in Milan seemed crazy and in the end everyone agreed with me. Not lowering wages or performing an ERTE is a matter of consistency. We are healthy and will honor our commitments.Have they caught your attention?Look, I don’t shut up even under the water and I go all the way to defend my own when I think I’m right. Everyone should do what they want, but it is nonsense for football clubs to use public measures designed for other sectors that are having a very hard time.You would start playing behind closed doors. How do you see it?Playing behind closed doors is unfair to fans who pay and are excited about soccer. I don’t like it, but it is the least bad solution. At least the fans will be able to watch it on TV and disconnect as far as possible from the disease, stop talking about deaths to watch a game. I just want it to be played if there are guarantees for everyone and I repeat that the important thing is health and Getafe will do what the Ministry of Health orders.How could you play from June 30 with players who end their contract?The contracts are signed seasonally, they do not have an expiration date of June 30. I understand the concern of those who have many transfers, but it would be the minor problem.How is the summer market considered in these circumstances?We cannot rush. I do not expect a very busy market. Tell me how clubs that are turning to ERTE will justify making large disbursements in the summer. They have it difficult.Have you made decisions on loan and renewals?Cucurella is already ours and there are three other players on whom we have a purchase option. Contract only ends Antunes. I’m just concerned that some of our important players will be taken away.And the coach?Bordalás has two more years of contract and there is nothing that makes me think that he will not be with us next year. He was the first to stand up to UEFA and refused to travel to Milan. Discard making an ERTE and criticize those who use it. It attacks the Federation harshly for its list of teams that will compete in European competitions. And there is room to talk about the market and the future. Ángel Torres talks to Ace with no hair on his tongue.last_img read more

How to Stay on Top of Bills When You Have Cash Flow Issues: A Freelancer’s Guide

first_imgIn chatting with fellow freelancers, from handymen to animators to graphic designers and SEO consultants, I learned that the majority of them return to the 9 to 5 because of cash flow issues.It makes a lot of sense, doesn’t it? The constant stress of making sure you have enough to cover your living expenses each month will certainly test your mettle. When you’re having a lean month as a solopreneur, you might need to tap into your emergency fund, which can be demoralizing. Or you resort to racking up debt, and might need to pay for your past for years to come.It’s been said that people don’t freelance for the money, but they stop freelancing because of the money. Ideally, you’d have at least six months of living expenses tucked away. But that might not be realistic for everyone, at least in the short term. So how can solopreneurs stay on top of their bills despite hiccups in cash flow? Here are some tactics:Ask for Shorter Payment CyclesWhile most clients will pay within 30 days of receiving an invoice, see if some might be able to pay you within a shorter period of time. Some clients are able to send payment every week, or even within a few days after you send a request for payment.It certainly never hurts to ask. Whereas some accounting departments are set in their processes, others might have more flexibility. If you express that it could really help you out financially, they might be able to speed things up on their end.Keep Track of When Payments Hit Your Bank AccountIt’s not only important to know how much you’re getting paid, but when you’re getting paid. You might get paid through different methods: PayPal, check, or direct deposit. If you’re receiving payment through, say, PayPal or a check, it typically takes an additional few more days before that money is transferred to your bank account.While most of my clients pay me via PayPal or direct deposit into my bank account, there are a few “wild card” payments that come in the mail in the form of a check. I use accounting software to keep track of when all these different forms of payment hit my bank account.Pro tip: If you’re nervous that you might miss a check when it’s en route to your home, you can sign up for Informed Delivery with USPS, which is free of charge. You’ll receive notifications via text or email of upcoming mail, and can see thumbnail images of letter-sized deliverables.Sync Up Bills With Client Payments This really depends on how your freelance income pie is divided, so to speak. If you have a retainer client from which you’re guaranteed a larger chunk of money on the regular, consider allocating that payment toward a larger bill, such as your rent or car payment. And if you have smaller payments from clients that are reliable (i.e., they pay you every Friday, or on the 15th and 30th of the month), consider designating those more consistent chunks toward some of your other bills.If your bills don’t sync up perfectly with your income flow, call the company, explain your situation, and see if they’re willing to change the payment due date. That way you won’t be late on a bill, and the company gets their money from you. It’s a win-win situation.Divvy Up Your Bills Based on Your Personal CycleAllow me to get super nerdy: you might want to put in some work to see what your own cycle with income flow is. For instance, maybe you get a large payment from the same client on the 15th, another large payment from another client on the 20th, then smaller payments of varying amounts throughout the month.In that case, consider divvying up the funds from these two larger payments for your rent and as many bills as possible. It can be tedious, but it’s a lot better than missing your bills or not having enough to squeak by each month.Get One Month AheadIf you can get one month ahead, you can for the most part automate your bill payments. In other words, by the end of a given month, you have enough in your bank account to cover the following month’s living expenses. This is something you can do whether you have a 9 to 5 or you freelance.It’s something I started back when I had a day job, and it’s really helped me avoid stressing out about covering my bills. Plus, I don’t have to constantly check bill payment dates and dog simple math to ensure there’s enough in my bank account to cover rent. If you have a flush month income-wise, save up those beans so you’ll have enough to cover your living expenses for the upcoming month.Keep a One-Month Buffer FundIt can feel like you’re taking a step back when you need to tap into your reserves to cover bills. You might ask yourself: What’s the point? Aim to keep a one-month reserve in your savings account for lean months. That way you’ll only touch your emergency fund for true emergency events. Think of your buffer fund as a box with a lid that you can easily open and close. An emergency fund, on the other hand, is safely guarded, and you’ll need a key to open.Until you hit financial freedom or get to a place where you have enough reserves so that you won’t have to stress out, try these small moves to help you better manage gaps in cash flow.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) RelatedFreelancer Money Woes: How to Beat ThemApril 24, 2019In “Early Career”Budgeting 101: How to Create a BudgetAugust 19, 2019In “Budgeting”How to Free Yourself from Financial StressJuly 3, 2019In “Financial Goals” Post navigationlast_img read more