02 Jul 2018 11:48:04
Ed002, if I may ask, as you seem to have a wealth of information of the finances behind football.

As a first time poster, long time lurker, I would be grateful for a little insight into the financial workings of players' salaries, in general terms, excuse me if any of these are stupid questions, but for instance, with the news of Salah's c. £200k p/ w deal:

Do the players get paid the same every week - i. e. during the off season? I ask because, for example, signing a contract to start now rather than at the start of next season will cost the club north of £500k for Salah to go on holiday! (I appreciate the new salary can start at any date) .

If a player is "paid £200k p/ w" - is that the amount the club actually pays, or are there other add-ons for the club? I presume the agent gets a cut, whether from the player or the club directly.

Similarly, how much does the player see of this £200k? I presume some heavy tax avoidance is in action? On paper, the take home should be around £115k I think.

If a player gets injured, does the club have any insurance to cover his salary over this period?

Are the players "employees" of the club? Does the club have to set up a workplace pension, NI contributions etc?

Thanks!

{Ed002's Note - (a) Players are paid their salary for the full season regardless of whether or not they are playing, injured or on holiday. (b) Some player pay a percentage to their agent. (c) There is no avoidance of tax. (d) Players have insurance but claims are not made unless it is a lengthy injury. (e) Players are employess of clubs and pay tax etc..}


1.) 02 Jul 2018
02 Jul 2018 12:11:42
Thanks very much Ed002. Interesting to hear. One follow up if you don't mind, why does the player have insurance if they get paid irrespective of injury? Is that in case the injury extends beyond their current contract, as you say, a lengthy injury, or early retirement.

Thanks again.

{Ed002's Note - The insurance payments are paid to the club, not the player.}


2.) 02 Jul 2018
02 Jul 2018 12:21:03
Thanks Ed002. Appreciated!


3.) 02 Jul 2018
02 Jul 2018 12:49:21
Without knocking our youngsters as I appreciate how hard it must be to get a chance and make the most out of it but let’s be honest not every youngster makes it at top level. If you want to challenge for trophies then you have to better your team at every chance, hopefully there will be a youngster who can do that if not you buy someone who betters your team and in my opinion we have no one as good as the likes of Fekir (I’m using him as an example as he bettersour team) . For me adding quality shows ambition, however if you’ve got a kid who’s banging on the door putting great displays in every week then he deserves his chance, it’s up to them if they take it. Apart from TTA I didn’t see any other youngster put a display good enough to deserve a place.


4.) 02 Jul 2018
02 Jul 2018 17:41:42
Alot of people (usually toffs) moan about footballers high wages but I never really thought about the amount of tax they pay.