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General Palace Discussion General Palace talk - please keep transfer talk in the transfer forum.

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  #1  
Old 21-03-2020, 11:48 PM
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Are the Players Still Being Paid?

Sorry to be the one to ask this question, but the elephant in the room needs to be addressed.

Let's face it, they'll be no more football this year, and one or other of this or next season will surely be dropped. I'm quite convinced of this. Players commit to years, not seasons, and whether it's this season that gets jettisoned or the next one, they will want their money. I don't expect the government's 80% security on wages to cover premiership footballers, so what exactly is plan B? We all know that plan A is to fulfil this and next season, but we also know that this ain't gonna happen.

There needs to be some sort of arbitration, people need to be sitting down and thrashing out a compromise. There's a lot of talk about the premiership subsidising the lower leagues who are more reliant on gate receipts. That's going to add more strain on premiership clubs for whom most of their income goes straight onto players' wages.

Players' wages is central to the short-term survival of the game. It needs to be put onto the agenda.
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Old 22-03-2020, 12:18 AM
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if i was the manager/chairman i would make sure players donated there whole months wages collectively and donated it to the local hospital
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Old 22-03-2020, 12:30 AM
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Originally Posted by palacelad197o View Post
if i was the manager/chairman i would make sure players donated there whole months wages collectively and donated it to the local hospital
No doubt they'll do the superficial stuff, but it's just public relations at the end of the day. I think the players are going to have to accept a 50% pay cut across the board. Only then will the premier league and the clubs in the higher echelons be in a position to show any real generosity towards lower league clubs and agencies outside of football.
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Old 22-03-2020, 12:49 AM
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Doesn't "around" 80 pence of every pound of the club's revenue go straight into the players pockets?

This has clearly got to change.
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Old 22-03-2020, 05:01 AM
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A lot of their wages go to the taxman. That helps everyone.

You would hope this crisis is a wake up call to the EPL that players, agents are being paid too much and this should be scaled back. But it will only take Man Utd to go against the unwitten agreement and overpay on some mediocre player being a worldbeater for half a season.

Most transfer windows Man Utd, West Ham, etc. like to wave their dicks about a bit and pay some gross fee for someone not really that special. To seal the deal that fee must come with some pretty jackpot wages.....see how much they are paying reject Alexis Sanchez every week - and that was just to stop him signing for Man City. Even Man City baulked at those figures.

Palace do it. Benteke (marque), Sakho (marque) both fee and wages. Every time our Wilf or his representatives have a little strop SP throws another 20,000 a week into his pay packet.

How do you stop it? How do you say from now on we are going to sign players on 50% of what others in the squad are earning? Someone else will always pay them what they want - see West Ham, Bournemouth etc..
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Old 22-03-2020, 05:49 AM
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This event has the potential to change the landscape of everything beforehand and the Premier League will be no exception. I just wonder what happens if the world falls into a depression and there is real hardship throughout society; where will be the appetite among the public to follow and support footballers earning over 100k a week?

The extortionate sums in the game have been the elephant in the room for years now, but people have chosen to ignore it and buy into the ride. These next few months might fundamentally change peoples perspective on life and how unfairly money has been distributed within our society.

In saying all that, i wouldn't be surprised to see things just go back to normal; those with the power, continue to reap the rewards of their ill gotten gains, and we accept the scraps that are thrown our way and made to feel appreciative for it. Pretty much like after the banking crisis but on a bigger scale.
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Old 22-03-2020, 06:40 AM
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Whilst I would admit this situation is far bigger than the financial crash in 2008, that didn't impact on player's wages. This despite the fact that some clubs, including our own, ended up in pretty sticky financial situations.

When things do get back to normal, I doubt this saga will have any long-term impact on player wages - they'll still keep going up. Especially when the viewing model changes to a decent quality streaming service.

The only possible way things will change is if a salary cap is put in place, and I just can't see that.
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Old 22-03-2020, 07:05 AM
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Quote:
Originally Posted by PeterH View Post
A lot of their wages go to the taxman. That helps everyone.

You would hope this crisis is a wake up call to the EPL that players, agents are being paid too much and this should be scaled back. But it will only take Man Utd to go against the unwitten agreement and overpay on some mediocre player being a worldbeater for half a season.

Most transfer windows Man Utd, West Ham, etc. like to wave their dicks about a bit and pay some gross fee for someone not really that special. To seal the deal that fee must come with some pretty jackpot wages.....see how much they are paying reject Alexis Sanchez every week - and that was just to stop him signing for Man City. Even Man City baulked at those figures.

Palace do it. Benteke (marque), Sakho (marque) both fee and wages. Every time our Wilf or his representatives have a little strop SP throws another 20,000 a week into his pay packet.

How do you stop it? How do you say from now on we are going to sign players on 50% of what others in the squad are earning? Someone else will always pay them what they want - see West Ham, Bournemouth etc..
You obviously dont know how players are paid, they are not on PAYE like most people, they pay very little tax in comparison to salary!
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Old 22-03-2020, 07:51 AM
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Originally Posted by bubbs11 View Post
This event has the potential to change the landscape of everything beforehand and the Premier League will be no exception. I just wonder what happens if the world falls into a depression and there is real hardship throughout society; where will be the appetite among the public to follow and support footballers earning over 100k a week?

The extortionate sums in the game have been the elephant in the room for years now, but people have chosen to ignore it and buy into the ride. These next few months might fundamentally change peoples perspective on life and how unfairly money has been distributed within our society.

In saying all that, i wouldn't be surprised to see things just go back to normal; those with the power, continue to reap the rewards of their ill gotten gains, and we accept the scraps that are thrown our way and made to feel appreciative for it. Pretty much like after the banking crisis but on a bigger scale.
I agree Bubbs, the party's over for football and the sums of money that have been splurged around. I mean, on a basic level, where is that money coming from now? A recalibration of football finances at all levels is looming. Not such a a terrible thing for the very top levels of the game.
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Old 22-03-2020, 08:05 AM
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They’d only need to take a very modest cut to help keep the rest of the club afloat and indeed give some to worthy causes.

If our first team squad on average £50k a week gave up 10% then that’s probably equivalent to the average weekly wage of about 250 nurses !!
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Old 22-03-2020, 08:06 AM
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Sky are the main source of funds to pay the players. The lack of football will hurt Sky - many customers are suspending Sky Sports which will create a big hole in Sky's finances. This could be the catalyst to get us back to some form of normality.
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Old 22-03-2020, 08:22 AM
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Originally Posted by grand aigle View Post
You obviously dont know how players are paid, they are not on PAYE like most people, they pay very little tax in comparison to salary!
You obviously do. So how?
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Old 22-03-2020, 12:03 PM
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Sky are the main source of funds to pay the players. The lack of football will hurt Sky - many customers are suspending Sky Sports which will create a big hole in Sky's finances. This could be the catalyst to get us back to some form of normality.
It's worldwide tv in general. Obviously at the moment it's a huge issue but when we're back to normal, football finances will go back to how they were a couple of months ago. Certainly for the Premier League.
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Old 22-03-2020, 12:10 PM
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After this is done there should be a limit of 10K a week put on new contracts. If the best players go abroad then they go abroad.
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Old 22-03-2020, 01:03 PM
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We’ve all been saying for years the bubble had to burst eventually but none of us expected it to happen this way
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Old 22-03-2020, 01:23 PM
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You obviously dont know how players are paid, they are not on PAYE like most people, they pay very little tax in comparison to salary!
Sorry, thats just not true. The vast majority is salary (subject to paye) with a small element image rights.
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Old 22-03-2020, 01:48 PM
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In France I think about 50% of a player's salary goes to the taxman. Could be wrong though.
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Old 22-03-2020, 01:49 PM
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After this is done there should be a limit of 10K a week put on new contracts. If the best players go abroad then they go abroad.
No thanks. The reality is the best in any industry will be paid lots of money. I don’t want to go to Selhurst and watch league 1 football.
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Old 22-03-2020, 01:53 PM
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We’ve all been saying for years the bubble had to burst eventually but none of us expected it to happen this way
The bubble hasn’t burst. Most of the Premier League’s TV deals are locked in for the next few years. There doesn’t seem to be a clause that failure to deliver x amount of matches means a reduction in TV revenue. The Premier League is by far in the best shape to weather this storm and will likely come out much better than the other leagues and be able to pay even more money than before as La Liga, Bundesliga and Serie A teams a struggle to hold onto their best players.
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Old 22-03-2020, 02:00 PM
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From another thread - we've not reached the top. The truth is that we're probably not even that close to it yet.

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Interesting video. Mind boggling how huge the Premier League could become. All the more reason not to go down.

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