>>You could argue that the club would simply have upped his  transfer fee by 
1m if Smith hadn't waived his loyalty  bonus...<<
 
 
Yeah right. We were in a position to call the shots at that point,  weren't 
we.... 
 
 
>>then again, the management then at the time, they probably  would have 
fekked that up too.<<
 
 
The offer was "take it or leave it". And it was a generous one.
 
 
 
>> Also, wasn't NUFC in for him then  also?<<


We would have ended up paying part of Smith's wages. ManU was the  only game 
in town. You could argue that ManU was teh only club big enough to  do a 
"normal" deal, without kicking us when we were down, demanding we pay  wages 
etc.
 
Mark
 
 










   
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