Salaries

[H. Metal Blade]

of coure they're not....£120k p/week comes down to ^0k after tax....thats a lot of tax paying for our NHS etc...

 

[GRUMPY BLADE]

He spent a year taking our hard earned cash while he sat aroung doing nothing. Why are so many happy with this.

Back in Woody and TC's time the players would be insured against this situation and an insurance company would pick up the tab.
I'm not sure that this is still common practice of not but would guess that as salaries rose the premiums the clubs had to pay killed it off.

 

[SwissBlade]

Back in Woody and TC's time the players would be insured against this situation and an insurance company would pick up the tab.
I'm not sure that this is still common practice of not but would guess that as salaries rose the premiums the clubs had to pay killed it off.

Perhaps someone ca correct me, but I understand that the CLUBS are insured and not the players, so the club pays the wages as normal, but the clubs have to claw it back, hence the reason why clubs have their own in house docs, medical staff etc so that they can get players back quicker.

Do the clubs pay the tax on the players wages? I would like to know if the likes of Drogba and Lampard are cashing in the full 120 grand a week they get?
As far as championship players are concerned. I would not pay them in buttons. Let football implode on itself. Get it to a amateur level and let them play for pleasure. Fucking overpaid set of w@nkers the lot of them.

This is an issue that Her Majesty's Finest Revenue and Customs department are looking into at the moment. I believe that they have major concerns about payments to players, particularly payments to offshore accounts.

My basic understanding is that clubs pay wages to a player and performance bonus' are included in this wage, but there are Royalties for image rights paid to players on top of this so that the club can use the image of of its players to promote the club- This is what is being investigated by HMRC.

I imagine that there'll be lots of little tax avoidance measures in place such as this...

I don't know if the reported weekly wages that we see in the media are all inclusive of these bonus' and royalties etc or whether this stuff is on top...

 

[Ollessendro]

A wage cap will force the stars out of English football giving the good, English players a chance to play therefore increasing the chances of our national side gaining sucess and then causing other countries to follow suit.
Simple but not 100% garunteed to work. I am in favour of one though

This is interesting and could potentially work. A wage cap would lead to a situation of excess demand. Higher earning players would leave the country to play for higher wages and we would be left with a short supply. This could arguably be filled with home grown young talent, although as soon as they were recognised then they would bugger off to Spain, Italy, Germany or whever for more money.

It could potentially lead to the national team improving (i.e. more talented English players palying week in week out) but there are no guarantees. There is the argument that anyone who is internatioal quality would get into teams in the current system. Not only that but if you look at Spain (the best national team in the world) then La Liga is hugely profitable and also their stars really rack up the cash. Also leagues such as France pay lower wages and have more home grown talent, but there national team is shit.

One thing that a wage cap is would ensure is a decrease in the quality in the premier league. All the best foreign (and English) players would go aborad and we'd be left with a lower standard of football, You'd also probably see more talented foreign managers not being atracted to the game and the one's who are here leaving.

Would it be a good thing? I don't know. I'm neither for or against, just merley pointing out the fundamtental underlying economics of it all. I can see benefits for keeping it the way that it is and for introducing a cap.

 

[Flatulent_Bob]

A wage cap will force the stars out of English football giving the good, English players a chance to play therefore increasing the chances of our national side gaining sucess and then causing other countries to follow suit.
Simple but not 100% garunteed to work. I am in favour of one though

I think rewarding mediocrity in English player is a recipe for disaster. How well did England do in the 70's and 80 when there were hardly any foreign talent pushing the standard up?
Make English player hungry and have to work hard to succeed is the key, we need to get top team to allow younger player to go elsewhere to get first team football. But lowering the standard just to give English players a chance would be stupid in my opinion.

Plus our young talent isn't exactly doing too bad in the current circumstances.

As for a wage cap, I don't agree clubs should be able to spend what they like, what needs changing is the rules about going into Administration which should be a one way ticket to the bottom of the pyramid.

 

[beightonblade]

I have no problem with players/people being paid what they are worth..... i do have a problem with players/people being what there not worth.