Rumour on BBC

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The 75% cut of an average 10k player salary with 28 first team squad is over 1m saving, as the club also pay the taxes. If Naismith gets 20k per week, he physically receives that - his actual wage would be nearer 40k a week less NIC and 50% tax rate that the club SHOULD BE PAYING therefore average 10k each means actual salary nearer 20k coming out of the club. = 1.7m ish saving!!!!!!!
 
Has anyone considered the fact that Agents are on a percentage of the players wages and even though the players may be "happy" to take the hit, their agents are slightly more mercenary and will still be looking for their pound of flesh even if their client is taking a wage cut?
 
SuperStuKFC said:
The 75% cut of an average 10k player salary with 28 first team squad is over 1m saving, as the club also pay the taxes. If Naismith gets 20k per week, he physically receives that - his actual wage would be nearer 40k a week less NIC and 50% tax rate that the club SHOULD BE PAYING therefore average 10k each means actual salary nearer 20k coming out of the club. = 1.7m ish saving!!!!!!!
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I doubt the wages quoted are after tax or they truly do live in a different world to the rest of us.
 
DevAdvocate said:
Has anyone considered the fact that Agents are on a percentage of the players wages and even though the players may be "happy" to take the hit, their agents are slightly more mercenary and will still be looking for their pound of flesh even if their client is taking a wage cut?
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Also heard a lawyer who dealt in employment law being interviewed on Radio Scotland. She was saying that the admins don't have as much power as you might think when it comes to negotiating wage cuts. Even if they make a player redundant the player may well have recourse to come back at them for the amount owed on the remainder of their contract.
 
DevAdvocate said:
Has anyone considered the fact that Agents are on a percentage of the players wages and even though the players may be "happy" to take the hit, their agents are slightly more mercenary and will still be looking for their pound of flesh even if their client is taking a wage cut?
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Agents 'generally' don't operate on a cut of player salaries.
 
<laugh>


Further to Gilmour's statement on St Mirren's website<laugh>, a St Mirren fan has tweeted the beeb

"As a St. Mirren fan, I'm praying that Rangers don't go into liquidation- the 4 points we have gained from two games against the Gers would be lost, and that would pretty much ruin any slim chance we had of claiming a top six place..."
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They're ****ing it that they'll lose 4 points <laugh>
 
DevAdvocate said:
But it is not unknown for such arrangements to exist.
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Not unknown at all. I think it is still more often an annual fee that amounts to the same thing.

anportmorbhoy said:
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Could be wrong, but don't the players pay the agents out of their own money. So they might get a cut, but it's not coming from the club. Guess it would be between player and agent then if they players getting less?
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In a transaction like this they do. FIFA updated their regulations recently.
 
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