Now Stand by for the Pounds 200,000a-Week Stars As Premiership Wages Beat the Pounds 1bn Barrier
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Summary
PREMIERSHIP footballers will be paid an eye- watering Pounds 1billion in wages next season and the first Pounds 200,000a-week player is only three years away. Wages in England's top division increased by 9 per cent last year and financial consultants Deloitte, in their latest review of football finances, predict the new Pounds 2.7bn TV rights package will create a Pounds 10m-a-year player by 2010. It supports the demands being made by John Terry and Frank Lampard, who are holding out for Pounds 130,000a-week deals in their ongoing pay rift with Chelsea. A Pounds 1bn total wage bill for Premiership players represents an average annual salary of Pounds 2.5m for individuals, although the review showed a significant gap in wages paid by Manchester United, Chelsea, Liverpool and Arsenal compared to rest of the top flight.
Top Premiership earners at those four clubs such as Rio Ferdinand, Cristiano Ronaldo, Michael Ballack, Andriy Shevchenko, Thierry Henry and Steven Gerrard already take home more than Pounds 100,000a-week and can expect that figure to increase.See the full content of this document
Extract
Now Stand by for the Pounds 200,000a-Week Stars As Premiership Wages Beat the Pounds 1bn Barrier
Dan Jones, a partner in Deloitte's sports business group, said: 'We expect wages to go up pretty significantly over the next couple of years but we are not alarmed by that becaus...
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