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Legal, pensions and money

Salaries

(25 Posts)
annsixty Thu 01-Nov-18 16:37:53

A Manchester City player is signing a new cotract which is widely reputed to be paying him £300,000 a week.
There really is nothing to say, except I think we could all say a lot.

annsixty Thu 01-Nov-18 16:38:37

Contract of course!!!

Fennel Thu 01-Nov-18 16:51:54

Where does the money come from?
And where does it go?

Sar53 Thu 01-Nov-18 17:16:57

A lot of the money comes from Sky and BT Sport, this is a great incentive for teams to get into the Premier League. Buying and selling of players and ticket and merchandising, also a lot of Premier League clubs are owned by foreign millionaires/billionaires.

Jalima1108 Thu 01-Nov-18 17:38:10

annsixty
my dribbling skills are improving - do you think I'll get a trial?

Fennel Thu 01-Nov-18 19:39:52

grin
No doubt the player will benefit from Hammond's new tax allowance rule.

petra Thu 01-Nov-18 20:48:00

Jalima
But could you wear the shorts grin

lemongrove Thu 01-Nov-18 21:15:06

How things have changed, my Grandfather ( a pro footballer
For a number of years until the mid 1920’s) had to subsidise his pay with a window cleaning round! Once married, he gave up altogether for a job with better pay.grin

Charleygirl5 Thu 01-Nov-18 22:20:29

I definitely made the wrong choice when choosing a career. I need only have worked a couple of months and I would have had sufficient to keep me in a manner I could easily become accustomed. On second thoughts they were not paying out those large amounts in the early 60's but I would think it was better than £2 a week.

Kittye Thu 06-Dec-18 03:22:31

Don't get me started ?

M0nica Thu 06-Dec-18 15:08:33

An uncle by marriage was a professional footballer in a Division 1 club when wages were capped at £14.00 a week. He married after his career was over and when he married my aunt his savings were sufficient to be able to put a large deposit on a 3 bed semi and get it completely furnished. She was the envy of her family and friends.

This was in 1950. Things have moved on a bit from then.

FlexibleFriend Thu 06-Dec-18 15:28:00

It's a very salary but it's a very short career.

FlexibleFriend Thu 06-Dec-18 15:28:23

High salary oops

GillT57 Thu 06-Dec-18 16:18:59

My greatgrandfather was a professional foorballer too lemon, and he certainly had nothing like this wealth when he played between 1901 and 1919 ( none during the war of course). He worked as a barber to supplement his income!

GillT57 Thu 06-Dec-18 16:19:18

footballer.

M0nica Thu 06-Dec-18 16:33:43

Footballers wages were capped from around 1900 to 1961. The first salary was around £3 a week and it went up to about £8 in the 1920s and when it was abolished it was £20. This was worth around £75,000 in current values.

My uncle was playing in the 30s and 40s, when even £10 a week would be a good whack. Just before the war my parents decided they would get married when DF was earning £4 a week, because on that wage they could afford and get a mortgage on a small house.
www.telegraph.co.uk/sport/football/competitions/premier-league/8265851/How-footballers-wages-have-changed-over-the-years-in-numbers.html..

After he retired my uncle trained and worked as a teacher.

Kittye Thu 06-Dec-18 17:00:09

Flexi it may be a short career but how many years does the man in the street have to work to earn what footballers earn in a week. ?

notanan2 Thu 06-Dec-18 17:14:58

I never see the problem. Its not funded my the government, they aren't civil servants.

M0nica Thu 06-Dec-18 17:31:48

I think the capped wages valued footballers correctly. Their wages should roughly be in line with what a GP or medical specialist gets.

£100-150,000 sounds a fair wage for a footballer.

BBbevan Thu 06-Dec-18 19:38:13

My DH says I dribble well when asleep. Can I get paid for that ??

FlexibleFriend Thu 06-Dec-18 21:47:04

GP's can work well into old age footballers can't.
If the man in the street had the footballers talent they too could earn big salaries. I can't see it's any different to the talent or not of singers etc. Who frequently earn a darn sight more.

notanan2 Thu 06-Dec-18 22:48:10

Their wages should roughly be in line with what a GP or medical specialist gets.

Theyre not paid from the same pot.
& there are more gps than PL football players

M0nica Thu 06-Dec-18 22:50:26

Lots of jobs have physical limitations that mean you do not keep working until retirement age.

In those cases you know in advance this will happen and you plan accordingly. Put money aside for property purchase and retraining. It is what footballers did in the past as several posts on this thread explain and what lower division players still need to do.

As it is the top players have annual remuneration packages of 10s of millions of £, plus money from sponsorships and cuts of their transfer fees. There are still big corporations, lareg private companies and the like who's CEOs are on less than a £million and most, perhaps not the CEO of Persimmon, probably earn less than a top name footballer.

FlexibleFriend Thu 06-Dec-18 23:00:02

They'd probably prefer to play footie.

gillybob Fri 07-Dec-18 09:06:40

I think we get a bit carried away with the salaries of the very top name footballers who do earn a lot of money. There are hundreds of professional footballers in much lower leagues earning a fraction of what the top players get and still risk being injured and on the scrap heap very young.