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Posts Tagged ‘unpaid bills’

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With any early-start advantage destroyed by the dispute between sponsor and team owner AkzoNobel and former skipper Simeon Tienpont, it’s left to multi-time winner Brad Jackson to pick up the pieces and get his team off the bricks.¬† With the skipper announcement just coming out a few minutes ago and the race beginning this weekend, Brad’s job won’t be easy, especially with the continuing conflict likely to play out in court over the next year.

So what was the fight really about?

According to the latest press release from Tienpont’s people, it was all about AkzoNobel not paying the crew their agreed-upon salary…for months, and reading between the lines, it seems to have been a case of the team owner not wanting to pay the salaries they had long ago agreed to…not that any of you owners would ever stiff a paid crew…

Read the Akzo press release here.¬† ¬†Tienpont’s release:

AkzoNobel seriously neglected its sponsor obligations by withholding payments to Steam Ocean. As a result Tienpont was brought in a position where he could not pay the salaries of his crew over the last months.

Last Saturday AkzoNobel offered Tienpont a new contract against worse conditions. Tienpont’s first priority was with his team, reason why he asked Akzo Nobel’s full commitment to an instant payment of the crew and a settlement on the early termination of the sponsorship contract. AkzoNobel did not want to make these commitments.

On Sunday Tienpont had a meeting with his crew and expressed his confidence that arrangements with AkzoNobel can be made in the coming days. He wants to return on board as skipper and is eager to restore the unique opportunity of sailing a safe and promising Volvo Ocean Race with his team.

Last night AkzoNobel invited most crew members to work for them directly under similar conditions and to pay the outstanding salaries, however under the condition that they had to terminate their contractual relationship with Steam Ocean (Tienpont) with immediate effect, putting enormous pressure on the crew to opt for their money and for achieving their personal goal to sail the Volvo Ocean Race.”

 

October 16th, 2017 by admin

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