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Two Chelsea stars in world's top four earners: Are Premier League salaries out of control?
Some professional football players are making more than £100,000 a week. Can it be justified to pay anyone a salary like that? How come they get so much? And what can we do about it?
by Emil Jørsboe on 19 April 2008
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I know that many might have said this before, but I think high wages are quite a problem, so I think that focusing on it again would be a good idea. The salaries of the players in Premier League, for instance, have almost exploded in the recent decades. Here are the top four earners globally:
1. Kaka (Milan) £6.9m; 2. Ronaldinho (Barcelona) £6.53m; 3 (joint) Frank Lampard (Chelsea), John Terry (Chelsea) £6.24m.
That £6.9m figure represents about £138,000 a week, which most ordinary people would gladly make their annual salary. So how come there is so much money in modern football and is it a problem? And if so is there anything we can do about it?
Even Sport Minister Gerry Sutcliffe has tackled the issue, stating:“The man in the street can’t recognise that sort of money. It’s obscene. There is increasing alienation between top players and fans.”
I think that it is indeed a problem because where does it stop? At some point the salaries will get totally out of hand and the players will be paid an incomprehensible amount of money.
What we can do is, firstly, to take some inspiration from the NFL, which has dealt with this problem. Accepting that it would someday get out of hand, the NFL introduced salary caps. A salary cap is a rule which says that the total salaries of the players must not exceed a certain amount. This will also make sure that one team cannot just sign all the best players, which will make it more even and probably more exciting. All of a sudden it does not merely become a matter of who has the most money.
Another ‘side effect’ of this development is that it obviously means that the clubs have to make more money. And how do they do that; apart from selling the TV-rights for huge amounts of money and other stuff? The answer is quite simple: they raise the ticket price so that a ticket for a Premier League match costs around £50. It is way too much money for ordinary people to go and see every home match, which again contributes to the alienation between the players and the fans.
I know this is a brief introduction to a problem which you could discuss for quite some time. The reason why I am bringing this up is that I think it is very relevant now. So feel free to discuss the subject!
Comments (9)
by n n on April 20, 2008
Morally, no, only the likes of top class doctors, scientists, fearless world leaders, entrepreneurs and others who seek and succeed in improving or fixing the human race or the world deserve these kind of salaries. Realistically, yes they deserve it, its a case of supply and demand, people want the very best in the worlds most popular sport, so they'll seek the limit. However don't just question the salaries of sports stars, why don't you question the salaries of others in the entertainment businesses. Do any of the Hollywood actors morally justify what they get paid for the work they do? Do any of the musicians really deserve millions of dollars because they sang well for about 4 minutes? Do any of the supermodels deserve millions of dollars because they can pull a zoolander for a couple of hours? This isn't mentioning the money paid to celebrities for stupid things, like millions of dollars for wedding photos, or baby photos, who the hell can honestly justify that crap? Or the fact that Paris Hilton is paid to 'appear' at parties, can you justify her getting paid to encourage people to binge drink and take drugs? Every player in the top leagues has done hours upon ridiculous amounts of hours to get where they are, so imagine the amount of work the top stars would have done and I think you'll find that there wages are justifiable.
on April 20, 2008 on April 20, 2008
In all honesty, the premiership wouldn't be half as good if a salary cap were put on it! It probably wouldn't have half the players either! Alot of players are in the game for the money - few for the football!
by moses israel tobi on April 20, 2008
chelsea fc is my dare club nearest to my heart
by T A on April 20, 2008
Honestly I fail to understand why this issue has to be raised. It sounded like a command economy atmosphere. By God we are in free world and the Company Board, managers, etc know what any why their are disbursing any amount for that matter
by Essexian76 on April 20, 2008
A free market economy, We (fans) demand success, money is the means toward getting the best, therefore the selling market increases. Rocket science?, its OUR fault that these wages are paid to the players, because of OUR demands, You cant blame agents for getting the best for their clients, its their job after all, but you can quesion any club for paying them....cant you?
by a/fataah faarah raage on April 20, 2008
kaka its good very good
by ian on April 21, 2008
The only way a salary cap could be introduced is if it was enforced contintentally. None of the top three leagues would ever consider taking the plunge without the other two on board for the gob-smackingly obvious reason that the league would fall apart. However something needs to be done, by UEFA, or even FIFA. Current player salaries are astronomical and they are growing exponentially. I don't think we will have to wait long before someone like Cristiano Ronaldo is being payed over a million pounds a month. The problem with inflated wages means inflated ticket prices, merchandise prices, and in general; the cost of following your club. N N, i respect your point about actor's salaries, however you could afford to get a taxi to and from the cinema, your ticket in, a monster bucket of popcorn, and a copy of the dvd upon its realease, for much less than the price of an afternoon at the Emirates. The overall effect is that these wages are driving a wedge between clubs and their loyal fans who simply can't afford to see games on a regular basis. If we stem the growth of wages globally, the players will continue playing for the already fantastic money, the clubs will continue to grow their revenues, and eventually this growth can be passed on to joe public, and we can breathe some life back into the corporate steam roller that is modern european football.
on April 21, 2008 on April 21, 2008
The best value player is no 19 on the best earners in the world list!!!!
by ada asda on May 13, 2008
What's hard to believe is Lampar and Terry are 3 and 4
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