Income and wages in the PL
- Thread starter sweyid
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Thanks for the info SY, interesting stats.
In one way we're doing well, in another way our refusal to pay high wages means we won't be challenging the current 'big 3' anytime soon. Moreover, during the Prem era overall, the five teams who are currently paying higher wages are the 5 who have significantly outperformed us in the Prem era, four of them massivley so.
* These figures are somewhat out of date, and I'm guessing that we now pay higher wages than Villa, our full year figures are out soon I think, so then we can see.
The big prizes tend to go to the highest wage payers.
In one way we're doing well, in another way our refusal to pay high wages means we won't be challenging the current 'big 3' anytime soon. Moreover, during the Prem era overall, the five teams who are currently paying higher wages are the 5 who have significantly outperformed us in the Prem era, four of them massivley so.
* These figures are somewhat out of date, and I'm guessing that we now pay higher wages than Villa, our full year figures are out soon I think, so then we can see.
The big prizes tend to go to the highest wage payers.
Bales Left Peg
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- Nov 26, 2010
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How are aston villa spending more on wages than us? Bar Bent and Given, who else is going to be a top earner?
Bales Left Peg
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Also West Brom with the lowest wage bill in the league showing what a great job Steve Clarke is doing there
Spursidol
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Wigan's Dave Whelan expects break-even rule introduction
By Simon Austin BBC Sport
Wigan owner Dave Whelan believes Premier League clubs will vote for a new break-even rule on Thursday.
Under plans which could be introduced next season, clubs would not be allowed to spend more cash than they generate.
Whelan told BBC Sport: "I think the clubs will say break-even is something they want. We could definitely see it."
The rule would mark a major change for the league, with champions Manchester City, for example, having made a £197m loss in their latest set of results.
Premier League clubs made cumulative losses of £361m in 2010-11, the most recent season for which there are complete financial results.
Premier League clubs' latest financial results
With 14 clubs needed to vote in favour of the proposals for them to pass, Whelan says Fulham are the only club opposed to any kind of new rules being brought in.
"This break-even rule will stop clubs getting into the red," he said. "There's nothing worse than seeing a club like Portsmouth getting into financial trouble - or Rangers, who are such a big and powerful club.
"I don't think Fulham want anything at all to do with it but generally it is accepted it's a very good rule. If it's passed on Thursday I think it's going to be a very good thing for football."
There could still be some flexibility permitted under any potential change, with wealthy owners allowed to put additional money in.
Uefa will introduce its own financial fair play rules next season, permitting clubs to make only set losses in the first three seasons. Failure to comply would result in exclusion from either the Champions League or Europa League.
Whelan believes the penalties should be severe if a break-even rule is introduced in the Premier League.
"We've got to say 'if you agree with this, you've got to abide by the rules'," he said. "If you don't break even, you get relegated or get a 10-, 15-, 20-point deduction."
A new £3bn television deal comes into force in the Premier League next season, up 70% on the existing arrangement. The chairmen are eager to ensure the extra money is not swallowed up by increased player wages.
Premier League clubs spent almost £1.6bn on wages in 2010-11, constituting 70% of their income. Only once in the 20 seasons of the Premier League - 2004-05 - have wages fallen year-on-year.
Uefa's Financial Fair Play rules
Another proposal is the introduction of a wage cap, pegging a club's salary bill to a maximum percentage increase year-on-year. Sunderland have pushed hard for this, but Whelan is not in favour.
"We control ourselves and don't pay what we can't afford," he said.
"I don't think they will go along with a wage cap, I can't see them getting a majority to put in too many controls.
"I say to players, get what you can while you can but be sensible and give respect to the club you play for."
Wigan reported a profit in earnings before interest, tax and other associated costs in their latest set of financial figures and Whelan expects them to be able to easily comply with a break-even rule.
"This doesn't come as any shock or surprise to a club like West Brom or Wigan, which are very carefully, well-run clubs," he said.
http://www.bbc.co.uk/sport/0/football/20319573
Interesting if the vote goes that way on Thursday as to what Man City do - in theory they need to shed a lot of players in January and Summer
By Simon Austin BBC Sport
Wigan owner Dave Whelan believes Premier League clubs will vote for a new break-even rule on Thursday.
Under plans which could be introduced next season, clubs would not be allowed to spend more cash than they generate.
Whelan told BBC Sport: "I think the clubs will say break-even is something they want. We could definitely see it."
The rule would mark a major change for the league, with champions Manchester City, for example, having made a £197m loss in their latest set of results.
Premier League clubs made cumulative losses of £361m in 2010-11, the most recent season for which there are complete financial results.
Premier League clubs' latest financial results
- Man City: £197m LOSS (2010-11)
- Man Utd: £23.3m PROFIT (2011-12)
- Chelsea: £1.4m PROFIT (2011-12)
- Arsenal: £36.6m PROFIT (2011-12)
- Tottenham: £32.3m PROFIT (2010-11)
- Liverpool: £49.4m LOSS (2010-11)
- Newcastle: £3.9m LOSS (2010-11)
- Wigan: £7.2m LOSS (2010-11)
With 14 clubs needed to vote in favour of the proposals for them to pass, Whelan says Fulham are the only club opposed to any kind of new rules being brought in.
"This break-even rule will stop clubs getting into the red," he said. "There's nothing worse than seeing a club like Portsmouth getting into financial trouble - or Rangers, who are such a big and powerful club.
"I don't think Fulham want anything at all to do with it but generally it is accepted it's a very good rule. If it's passed on Thursday I think it's going to be a very good thing for football."
There could still be some flexibility permitted under any potential change, with wealthy owners allowed to put additional money in.
Uefa will introduce its own financial fair play rules next season, permitting clubs to make only set losses in the first three seasons. Failure to comply would result in exclusion from either the Champions League or Europa League.
Whelan believes the penalties should be severe if a break-even rule is introduced in the Premier League.
"We've got to say 'if you agree with this, you've got to abide by the rules'," he said. "If you don't break even, you get relegated or get a 10-, 15-, 20-point deduction."
A new £3bn television deal comes into force in the Premier League next season, up 70% on the existing arrangement. The chairmen are eager to ensure the extra money is not swallowed up by increased player wages.
Premier League clubs spent almost £1.6bn on wages in 2010-11, constituting 70% of their income. Only once in the 20 seasons of the Premier League - 2004-05 - have wages fallen year-on-year.
Uefa's Financial Fair Play rules
- Uefa wants clubs to balance their books over a three-year period starting from the 2013-14 season.
- It is not until 2018 that clubs have to bring their annual deficits to below £8.8m on current exchange rates.
- Uefa will have the power to ban any side that repeatedly flouts the rules from European competition.
Another proposal is the introduction of a wage cap, pegging a club's salary bill to a maximum percentage increase year-on-year. Sunderland have pushed hard for this, but Whelan is not in favour.
"We control ourselves and don't pay what we can't afford," he said.
"I don't think they will go along with a wage cap, I can't see them getting a majority to put in too many controls.
"I say to players, get what you can while you can but be sensible and give respect to the club you play for."
Wigan reported a profit in earnings before interest, tax and other associated costs in their latest set of financial figures and Whelan expects them to be able to easily comply with a break-even rule.
"This doesn't come as any shock or surprise to a club like West Brom or Wigan, which are very carefully, well-run clubs," he said.
http://www.bbc.co.uk/sport/0/football/20319573
Interesting if the vote goes that way on Thursday as to what Man City do - in theory they need to shed a lot of players in January and Summer
I don't think they are now, as I said in my post, these figures, while very informative, are out of date.
Today's meeting might be very important for English football, let's see what happens.
Hi TT, thanks for info, no surprise to me that one - what about the other proposals?
hybridsoldier
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- Aug 2, 2004
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It will NOT happen I think. For the solitary reason that it is not implementable across Europe.
So if we implement it in England it will allow clubs in other countries to attract players away, and even generate a situation like China or Russia where the wages can be ridiculous and lure talented players away.
The PL lives and dies on its TV revenues which are the result of having such a talent packed league, and they would not want to hurt that.
I think football has maybe spiralled too far out of control to implement a wage cap. It should have happened a long long time ago.
Say what you want but the NFL and NBA in America set ups are absolutely brilliant . By no means perfect but I think they are excellent.
tototoner
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tototoner
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They want to align wages with revenue - 70% or so
So the top clubs will still be able to pay the top wages
hybridsoldier
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I always thought that fundamentally that what FFP was...essentially keeping the rich rich and not letting anybody else in.
It's all fucked up IMO and I don't believe anything is genuinely going to be done to level the playing field. Probably will reduce losses and mean we don't get another Portsmouth but in terms of competitiveness I think it will just protect the biggest clubs and prevent smaler clubs from building themselves further.ie. the way THFC has been built up off the pitch and on over the last 10 years IMO would not be as feasible under FFP-like rules as a bigger club with a bigger wage budget can take all our best players because our revenues are smaller so we can't pay as much.
Lilbaz
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- Apr 1, 2005
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Bigger clubs with bigger wages already take our best players, modders, carrick, berba. Wage limits are a good idea it will limit the smaller clubs from panic buying and put themselves at risk if they are in a relegation battle.
I would like to see a rule that players earning over a certain amount get an automatic pay cut if relegated. Then we can get rid of parachute payments helping make the championship more competitive.
I would like to see a rule that players earning over a certain amount get an automatic pay cut if relegated. Then we can get rid of parachute payments helping make the championship more competitive.
Bus-Conductor
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- Oct 19, 2004
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Wage limits won't happen. It's un-enforceable. Best that would happen is they would try to make a total wage spend cap based on a percentage of a clubs revenue. And that won't really help us until we build our new stadium and keep competing at the CL end of the spectrum so we can keep filling it every week to boost those revenues.
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