[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sad that they ousted Lisa. She was the best thing that had happened to that club in a long time. Interesting how they have gone from 12 women coaches and staff to now 4 or 5. Good ol' boys are running the show. Not sure how a soccer coach with no busienss experience can run a club vs. someone with a Master's Degree from Georgetown in Sports Management. Not a good look for them. [b]Word from disgruntled coaches say that PPP was received but they aren't using it to restore salaries or return fuloughed employees[/b]. No reserves means no refunds and the hurry up to collect fall fees. [/quote]
I call BS on this. The PPP loan forgiveness require any entity to use at least 75% of the money on payroll (gross pay + health benefits) for 8 weeks. If an entity doesn’t, the loan is not forgiven. The loan is a 1% loan with a 2-year term. [/quote] this isnt fully correct. there are way around that[/quote] Please share. There’s always ways around doing things legally, but it’s a direct way straight to jail. [/quote] This may help some... https://www.dcurbanmom.com/jforum/posts/list/878914.page[/quote] OMG. I thought you would share something intelligent. That thread is filled with erroneous and BS information. [/quote] **** Then intelligently look it up yourself. There are links in that thread lead you to the information that you seek- if you would take to time to look instead of being a keyboard commando. For example... https://www.forbes.com/sites/anthonynitti/2020/04/15/ten-things-we-need-to-know-about-paycheck-protection-program-loan-forgiveness/#12880dea3291 which specifically notes that a company does not have to immediately hire back furloughed employees and the employees do not need to be the same employees. I found that info through the BS information thread. Im not defending either side- Im a parent who has lost money also. Just stating facts. [/quote] you are correct. hes not. i work for the state so can confirm. [/quote] :lol: [/quote] Sorry that was a smiling emoji but the scripts aren't working... |
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sad that they ousted Lisa. She was the best thing that had happened to that club in a long time. Interesting how they have gone from 12 women coaches and staff to now 4 or 5. Good ol' boys are running the show. Not sure how a soccer coach with no busienss experience can run a club vs. someone with a Master's Degree from Georgetown in Sports Management. Not a good look for them. [b]Word from disgruntled coaches say that PPP was received but they aren't using it to restore salaries or return fuloughed employees[/b]. No reserves means no refunds and the hurry up to collect fall fees. [/quote]
I call BS on this. The PPP loan forgiveness require any entity to use at least 75% of the money on payroll (gross pay + health benefits) for 8 weeks. If an entity doesn’t, the loan is not forgiven. The loan is a 1% loan with a 2-year term. [/quote] this isnt fully correct. there are way around that[/quote] Please share. There’s always ways around doing things legally, but it’s a direct way straight to jail. [/quote] This may help some... https://www.dcurbanmom.com/jforum/posts/list/878914.page[/quote] OMG. I thought you would share something intelligent. That thread is filled with erroneous and BS information. [/quote] **** Then intelligently look it up yourself. There are links in that thread lead you to the information that you seek- if you would take to time to look instead of being a keyboard commando. For example... https://www.forbes.com/sites/anthonynitti/2020/04/15/ten-things-we-need-to-know-about-paycheck-protection-program-loan-forgiveness/#12880dea3291 which specifically notes that a company does not have to immediately hire back furloughed employees and the employees do not need to be the same employees. I found that info through the BS information thread. Im not defending either side- Im a parent who has lost money also. Just stating facts. [/quote] you are correct. hes not. i work for the state so can confirm. [/quote] You work for the “state”. This is hilarious. I hope you realize that the SBA and IRS are Federal Agencies, NOT State. |
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sad that they ousted Lisa. She was the best thing that had happened to that club in a long time. Interesting how they have gone from 12 women coaches and staff to now 4 or 5. Good ol' boys are running the show. Not sure how a soccer coach with no busienss experience can run a club vs. someone with a Master's Degree from Georgetown in Sports Management. Not a good look for them. [b]Word from disgruntled coaches say that PPP was received but they aren't using it to restore salaries or return fuloughed employees[/b]. No reserves means no refunds and the hurry up to collect fall fees. [/quote]
I call BS on this. The PPP loan forgiveness require any entity to use at least 75% of the money on payroll (gross pay + health benefits) for 8 weeks. If an entity doesn’t, the loan is not forgiven. The loan is a 1% loan with a 2-year term. [/quote] this isnt fully correct. there are way around that[/quote] Please share. There’s always ways around doing things legally, but it’s a direct way straight to jail. [/quote] This may help some... https://www.dcurbanmom.com/jforum/posts/list/878914.page[/quote] OMG. I thought you would share something intelligent. That thread is filled with erroneous and BS information. [/quote] **** Then intelligently look it up yourself. There are links in that thread lead you to the information that you seek- if you would take to time to look instead of being a keyboard commando. For example... https://www.forbes.com/sites/anthonynitti/2020/04/15/ten-things-we-need-to-know-about-paycheck-protection-program-loan-forgiveness/#12880dea3291 which specifically notes that a company does not have to immediately hire back furloughed employees and the employees do not need to be the same employees. I found that info through the BS information thread. Im not defending either side- Im a parent who has lost money also. Just stating facts. [/quote] you are correct. hes not. i work for the state so can confirm. [/quote] :lol: [/quote] Sorry that was a smiling emoji but the scripts aren't working...[/quote] The PP above is 100% correct. At least 75% of the PPP money has to be used for Payroll. Companies/businesses has until 6/30 to rehire their employees back. There’s a Full Time Equivalent (FTE) calculation as part of the forgiveness to determine if a company maintains or rehires all of their employees back and at the same level. Otherwise the forgiveness amount gets reduced. There’s a lot of misinformation on this and the other thread about PPP. I hope people read the SBA website themselves before spouting false information. |
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sad that they ousted Lisa. She was the best thing that had happened to that club in a long time. Interesting how they have gone from 12 women coaches and staff to now 4 or 5. Good ol' boys are running the show. Not sure how a soccer coach with no busienss experience can run a club vs. someone with a Master's Degree from Georgetown in Sports Management. Not a good look for them. [b]Word from disgruntled coaches say that PPP was received but they aren't using it to restore salaries or return fuloughed employees[/b]. No reserves means no refunds and the hurry up to collect fall fees. [/quote]
I call BS on this. The PPP loan forgiveness require any entity to use at least 75% of the money on payroll (gross pay + health benefits) for 8 weeks. If an entity doesn’t, the loan is not forgiven. The loan is a 1% loan with a 2-year term. [/quote] this isnt fully correct. there are way around that[/quote] Please share. There’s always ways around doing things legally, but it’s a direct way straight to jail. [/quote] This may help some... https://www.dcurbanmom.com/jforum/posts/list/878914.page[/quote] OMG. I thought you would share something intelligent. That thread is filled with erroneous and BS information. [/quote] **** Then intelligently look it up yourself. There are links in that thread lead you to the information that you seek- if you would take to time to look instead of being a keyboard commando. For example... https://www.forbes.com/sites/anthonynitti/2020/04/15/ten-things-we-need-to-know-about-paycheck-protection-program-loan-forgiveness/#12880dea3291 which specifically notes that a company does not have to immediately hire back furloughed employees and the employees do not need to be the same employees. I found that info through the BS information thread. Im not defending either side- Im a parent who has lost money also. Just stating facts. [/quote] you are correct. hes not. i work for the state so can confirm. [/quote] You work for the “state”. This is hilarious. I hope you realize that the SBA and IRS are Federal Agencies, NOT State. [/quote] Yup. The last I checked, the PPP is a Federal Program. :) |
What planet do you live in? There will be no soccer played in 2020. YOU just stop. |
Back to the thread topic, hoping to hear an update from bsc soon and that email wasn't flash and smoke. If there is no fall soccer, the right thing would be to credit or refund fall fees for those who signed up considering they seemed to be first to send invites. |
Like an earlier posted mentioned, the younger age groups are way different to the older ones. A handful of parents on each of the older ECNL teams are just nuts, especially if they have been with the club for a while. |
It's, in theory at least, the last day for us to accept or decline the team offer. With no firm information on how they're handling anything going forward, we're going to decline, and figure things out in the fall.
Hope others are doing the same. |
^^^Which team for decline? Anyone declining regional ECNL? |
Our coach said there is announcement soon on refunds and policy going forward . Maybe today |
It would have been nice to have the announcement before the deadline for invites so parents could make an informed decision. But that would be too much like right. |
Any news on the boys side? Arlington just announced they will play ECNL. |
Holding out at this point might be pointless, there has been limited information from MLS league and given the volume of former local DA clubs going ECNL will surely create limited local play for MLS which equates to lots of travel and increase in cost. DA's exit could have been a lot smoother if they had worked with the MLS and DA clubs so now they have basically lost the majority of the clubs to ECNL. My vote is for DCU, Armor, and BSC to just roll into ECNL and call it a day. Why cares what he league is called! |
For ecnl and clubs financial health it would be smart to increase ecnl to 6-8 teams per state where possible. As soon as your state opens you can start to playing. |
I have heard the same thing from a few BSC families. Some families have 3 kids, so they would be out $10k in the likely scenario that soccer does not take place. Even if soccer comes back in 2021 in some form, that is a lot of money to commit to at a time of uncertainty. |