Ex Claret now a Solicitor outlines standard player contract

[summitclaret]

Very interesting insight.

https://news.sky.com/story/whats-in-a-t ... l-13040934

[beddie]

KDB on £400k per week. That’s exactly what’s wrong with football at the moment.

[The Shire Claret]

KDB on £400k per week. That’s exactly what’s wrong with football at the moment.

This is why ticket prices baffle me … Burnley would only cover his wages by selling 10,000 tickets for just him

So what’s putting tickets up a tenner going to do …

No footballer no matter how good should be paid that much if it’s stopping football fans being able to afford to watch

Games gone

[bfcjg]

Unbelievable that clubs have to contribute to players pensions unless they opt out,I get it with the bottom league though.

[Paul Waine]

This is why ticket prices baffle me … Burnley would only cover his wages by selling 10,000 tickets for just him

So what’s putting tickets up a tenner going to do …

No footballer no matter how good should be paid that much if it’s stopping football fans being able to afford to watch

Games gone

How much does anyone pay to go to the cinema these days? I'm not aware that anyone thinks it's the price of cinema tickets that decides how much a star actor earns. The price of a cinema ticket doesn't stop "film fans" going to the cinema and lots of film fans also subscribe to streaming services. It's the same with football fans, some watch the game at the ground, some watch on streaming, some watch on free to air tv. It's the total revenue a club receives that determines how much they can afford to pay their players. If a club can only pay players from gate receipts they will never be the ones paying top wages.

[Dyched]

KDB on £400k per week. That’s exactly what’s wrong with football at the moment.

A key part in winning 6 PL and a CL. One of the best in the PL. Has helped grow the league so all 20 clubs receive millions. Man City receive millions for winning competitions.

So all this money for all clubs involved in these competitions along side Man City, and their star player shouldn’t receive a decent slice of it?

[Paul Waine]

Unbelievable that clubs have to contribute to players pensions unless they opt out,I get it with the bottom league though.

£5,000 (+ change) a month is a bit more than £60,000 per year. The maximum anyone can pay into pension is £60,000 per year - it used to be £40,000 per year. But, if you earn more than £260,000 per year the maximum you can pay into your pension is £10,000 per year.

[Foreverly Claret]

Re KDB .Perhaps our accountant colleagues can tell us what HMRC etc should get from this .Must be around £ 160000 per week tax and employers NI on top around £ 56000 per week .I can understand that there will be ways that he can lower the tax take but I can't see how City could get round the NI .Am I wrong...I often am !!

[Rileybobs]

KDB on £400k per week. That’s exactly what’s wrong with football at the moment.

If players like KDB don’t deserve to take a significant slice of the pie then who do you suggest does?

[summitclaret]

If players like KDB don’t deserve to take a significant slice of the pie then who do you suggest does?

Desperate Dan?

[The Shire Claret]

How much does anyone pay to go to the cinema these days? I'm not aware that anyone thinks it's the price of cinema tickets that decides how much a star actor earns. The price of a cinema ticket doesn't stop "film fans" going to the cinema and lots of film fans also subscribe to streaming services. It's the same with football fans, some watch the game at the ground, some watch on streaming, some watch on free to air tv. It's the total revenue a club receives that determines how much they can afford to pay their players. If a club can only pay players from gate receipts they will never be the ones paying top wages.

People stopped going to the cinema due to extortionate prices on tickets and popcorn

Now it’s a lot more reasonable - at one point it was only £4.99 to go…. It’s not now but I think it’s only £7.99 for an adult … at one point it was £16.99

You’re right … tickets don’t cover wages …

So don’t rip people off

[Paul Waine]

£400,000: income tax 45%, plus EES NIC 2%, plus ERS NIC 15% = 62% to HMRC = £248,000 per week = £12.9 million per year.

All approx and simplified.

Personal allowance = nil for earnings over £125,000 pa.

Simplified income tax and employees nic. Reality, 20%, 40% and 8% at appropriate steps. All "blown through" in the first week's pay.

It's possible a player earning £20.8 million a year will have "one ir two" tax minimisation" schemes. Though these may be applied to other sources of income, image rights, sponsorship deals and whatever else professional footballers can earn and whatever other expenses they can categorise as deductions from gross earnings, player's agent fees, for example.

[Walton]

£5,000 (+ change) a month is a bit more than £60,000 per year. The maximum anyone can pay into pension is £60,000 per year - it used to be £40,000 per year. But, if you earn more than £260,000 per year the maximum you can pay into your pension is £10,000 per year.

Not strictly true, that's the Annual Allowance, but you can pay more into a pension than the AA if you're happy to pay tax on it.

[Dyched]

People stopped going to the cinema due to extortionate prices on tickets and popcorn

Now it’s a lot more reasonable - at one point it was only £4.99 to go…. It’s not now but I think it’s only £7.99 for an adult … at one point it was £16.99

You’re right … tickets don’t cover wages …

So don’t rip people off

Football hasn't got to a point people aren’t going though and the grounds are emptying.

Even if people mention us, that nothing to do with what KDB gets paid.

[deanothedino]

£5,000 (+ change) a month is a bit more than £60,000 per year. The maximum anyone can pay into pension is £60,000 per year - it used to be £40,000 per year. But, if you earn more than £260,000 per year the maximum you can pay into your pension is £10,000 per year.

It’s not per month, it’s per annum.

[bobinho]

Saudis involved now…. It’ll get worse before it gats better. May even eat itself, and I personally hope it does. Needs a MASSIVE reset, but it would need turkeys voting to keep Xmas for that to happen.

[taio]

If players like KDB don’t deserve to take a significant slice of the pie then who do you suggest does?

I'd start with fans

[Big Vinny K]

If players like KDB don’t deserve to take a significant slice of the pie then who do you suggest does?

1. The fans
2. Local grass roots football
3. Players / clubs in leagues below EPL
4. Inland Revenue
Etc etc

KDB and others deserve to be rewarded for their obvious talents but nobody “deserves” that kind of salary. Would his or any other footballers life be any worse if the maximum they could earn was say £100k a week ? That would also then mean that bang average players would not be able to walk into “smaller” clubs not owned by Saudi billionaires like ours and sign 4 year contracts on £50k a week and decide after a dozen of games that they are too good for us / demand a move away.

The game is not any better because of these insane salaries.

[Paul Waine]

It’s not per month, it’s per annum.

Yes, thanks for the correction. So, £100/week employer's contribution to the player's pension.

[Poulton-le-Claret]

Crazy money, even bang average players are earning a packet. My father in law was telling me that Blackpool striker Ashley Fletcher is earning £8k a week and he is absolutely crap.

KDB will probably be off Saudi in the summer and will earn even more money.

[aggi]

How much does anyone pay to go to the cinema these days? I'm not aware that anyone thinks it's the price of cinema tickets that decides how much a star actor earns. The price of a cinema ticket doesn't stop "film fans" going to the cinema and lots of film fans also subscribe to streaming services. It's the same with football fans, some watch the game at the ground, some watch on streaming, some watch on free to air tv. It's the total revenue a club receives that determines how much they can afford to pay their players. If a club can only pay players from gate receipts they will never be the ones paying top wages.

The last couple of times I went (in London) it was £6 at my local Vue and £11 at the fancy Picturehouse.

That fancy Picturehouse is coincidentally just near the Emirates where you would be paying ten times that to watch arsenal.

[aggi]

Re KDB .Perhaps our accountant colleagues can tell us what HMRC etc should get from this .Must be around £ 160000 per week tax and employers NI on top around £ 56000 per week .I can understand that there will be ways that he can lower the tax take but I can't see how City could get round the NI .Am I wrong...I often am !!

Footballers do pay a big chunk of tax on their earnings, probably a lot more than similar earners in other areas.

The main mechanism for reducing income tax is image rights that are paid into a company (often an overseas one). HMRC are pretty hot on ensuring this amount is reasonable but for high profile players like KDB there is a good argument that those image rights are worth a lot.

[Rileybobs]

1. The fans
2. Local grass roots football
3. Players / clubs in leagues below EPL
4. Inland Revenue
Etc etc

KDB and others deserve to be rewarded for their obvious talents but nobody “deserves” that kind of salary. Would his or any other footballers life be any worse if the maximum they could earn was say £100k a week ? That would also then mean that bang average players would not be able to walk into “smaller” clubs not owned by Saudi billionaires like ours and sign 4 year contracts on £50k a week and decide after a dozen of games that they are too good for us / demand a move away.

The game is not any better because of these insane salaries.

Obviously the salaries are obscene. But the product is unbelievably popular and therefore generates an enormous amount of money. And players like KDB are the reason for this so deserve their piece of the action in my opinion. The same goes for boxers, movie stars, musicians etc.

[Big Vinny K]

Obviously the salaries are obscene. But the product is unbelievably popular and therefore generates an enormous amount of money. And players like KDB are the reason for this so deserve their piece of the action in my opinion. The same goes for boxers, movie stars, musicians etc.

Yep they do - but do not deserve as much as they get….anywhere near as much.
And if they are going to get that much then tax them at 80% or 90% on everything over £5m a year and ring fence the tax receipts to give to grass roots, community sports projects, anything else related to health / wellbeing etc.

And if that means that players decide to play elsewhere that would also be a positive in my view. Again if that reduces the popularity of the EPL in other countries that’s another massive plus for me. The league becomes more competitive, fans in this country manage to get a ticket to support their own team (instead of being priced out of it by the Scandinavian supporters club), corporate hospitality numbers reduce, etc etc

There’s just no downsides for me. All this nonsense about getting to see the best players in the world in the EPL. Who cares ? The players certainly don’t….at a drop of a hat they would move to another league - as we will soon find out when KDB takes his Saudi contract

[Hipper]

1. The fans
2. Local grass roots football
3. Players / clubs in leagues below EPL
4. Inland Revenue
Etc etc

KDB and others deserve to be rewarded for their obvious talents but nobody “deserves” that kind of salary. Would his or any other footballers life be any worse if the maximum they could earn was say £100k a week ? That would also then mean that bang average players would not be able to walk into “smaller” clubs not owned by Saudi billionaires like ours and sign 4 year contracts on £50k a week and decide after a dozen of games that they are too good for us / demand a move away.

The game is not any better because of these insane salaries.

May be not directly linked to salaries but all the money swilling around in the game has given us a higher standard of football, fitness levels, nutrition, stadia, pitches etc. etc..

In principle I don't like the inequality of income that exists generally but in the current system, it seems ridiculous that footballers and pop stars, for example, can earn more then the Prime Minister.

[Rileybobs]

Yep they do - but do not deserve as much as they get….anywhere near as much.
And if they are going to get that much then tax them at 80% or 90% on everything over £5m a year and ring fence the tax receipts to give to grass roots, community sports projects, anything else related to health / wellbeing etc.

And if that means that players decide to play elsewhere that would also be a positive in my view. Again if that reduces the popularity of the EPL in other countries that’s another massive plus for me. The league becomes more competitive, fans in this country manage to get a ticket to support their own team (instead of being priced out of it by the Scandinavian supporters club), corporate hospitality numbers reduce, etc etc

There’s just no downsides for me. All this nonsense about getting to see the best players in the world in the EPL. Who cares ? The players certainly don’t….at a drop of a hat they would move to another league - as we will soon find out when KDB takes his Saudi contract

I think a lot of people probably care that the world’s best players play in the Premier League, I certainly do.

[aggi]

Yep they do - but do not deserve as much as they get….anywhere near as much.
And if they are going to get that much then tax them at 80% or 90% on everything over £5m a year and ring fence the tax receipts to give to grass roots, community sports projects, anything else related to health / wellbeing etc.

And if that means that players decide to play elsewhere that would also be a positive in my view. Again if that reduces the popularity of the EPL in other countries that’s another massive plus for me. The league becomes more competitive, fans in this country manage to get a ticket to support their own team (instead of being priced out of it by the Scandinavian supporters club), corporate hospitality numbers reduce, etc etc

There’s just no downsides for me. All this nonsense about getting to see the best players in the world in the EPL. Who cares ? The players certainly don’t….at a drop of a hat they would move to another league - as we will soon find out when KDB takes his Saudi contract

It always feels a bit classist the complaining about how much footballers earn and how they shouldn't.

Someone like DeBruyne is one of a handful of the best in his field in the world, if that was in other fields then no-one would flinch at what they get paid but football is looked down on. Why should footballers (who generally have a much higher effective tax rate than others earning a similar amount) be the ones criticised?

I remember during Covid when MPs were criticising footballers for taking their salary whilst you got people like Anthony Bamford claiming furlough payments for his companies and still taking millions out himself but that was fine.

[Big Vinny K]

It always feels a bit classist the complaining about how much footballers earn and how they shouldn't.

Someone like DeBruyne is one of a handful of the best in his field in the world, if that was in other fields then no-one would flinch at what they get paid but football is looked down on. Why should footballers (who generally have a much higher effective tax rate than others earning a similar amount) be the ones criticised?

I remember during Covid when MPs were criticising footballers for taking their salary whilst you got people like Anthony Bamford claiming furlough payments for his companies and still taking millions out himself but that was fine.

Nothing to do with class.
I’d impose that tax rate on anybody earning that kind of salary.

The issue with football is how these salaries inflate the rest of the market and what that is doing to the game in the general. Personally I do not enjoy the game anywhere near as much and how supporters are treated. All about opinions as clearly plenty of people are happy with the way the game has gone.