Thursday, May 31, 2007
Premiership footballers paid £1billion
Premiership footballers will be paid an eye-watering £1billion in wages next season and the first £200,000-a-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 £2.7bn TV rights package will create a £10m-a-year player by 2010.
It supports the demands being made by John Terry and Frank Lampard, who are holding out for £130,000-a-week deals in their ongoing pay rift with Chelsea. A £1bn total wage bill for Premiership players represents an average annual salary of £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.
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 £2.7bn TV rights package will create a £10m-a-year player by 2010.
It supports the demands being made by John Terry and Frank Lampard, who are holding out for £130,000-a-week deals in their ongoing pay rift with Chelsea. A £1bn total wage bill for Premiership players represents an average annual salary of £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.
