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Chazz Rheinhold said:
Absolutely screw them for every penny it’s a contract and needs to be honoured. It’s a short career the tea lady can serve tea till she dies these poor lads need every penny now.
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A short career at 35k quid per week, after tax is approx 1.2 million per annum. After living expenses, let's say of 5,000 quid per month, available to invest is 1.14 million per year.
@ 3 % that's 34,000 quid per year. Only one season is required to get an annual income from playing for 1 season for the rest of his life (if he's smart).
Is that a tea ladies annual salary ? The tea lady that needs to work for 40 years to survive ?
Note: I'm not 100% sure of Inland Revenue's tax rates given I've been away for almost 50 years - so I may be out a bit !
 
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tigerscanada said:
A short career at 35k quid per week, after tax is approx 1.2 million per annum. After living expenses, let's say of 5,000 quid per month, available to invest is 1.14 million per year.
@ 3 % that's 34,000 quid per year. Only one season is required to get an annual income from playing for 1 season for the rest of his life (if he's smart).
Is that a tea ladies annual salary ? The tea lady that needs to work for 40 years to survive ?
Note: I'm not 100% sure of Inland Revenue's tax rates given I've been away for almost 50 years - so I may be out a bit !
Click to expand...
You're bang on in principle, but if you know where to get 3% return on investments can you PM me ;)
 
tigerscanada said:
A short career at 35k quid per week, after tax is approx 1.2 million per annum. After living expenses, let's say of 5,000 quid per month, available to invest is 1.14 million per year.
@ 3 % that's 34,000 quid per year. Only one season is required to get an annual income from playing for 1 season for the rest of his life (if he's smart).
Is that a tea ladies annual salary ? The tea lady that needs to work for 40 years to survive ?
Note: I'm not 100% sure of Inland Revenue's tax rates given I've been away for almost 50 years - so I may be out a bit !
Click to expand...

If a player is earning 35 grand a week, he won't be living on 5 grand a month. He could but won't.
 
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Footballers are permitted to take other paid jobs when they stop playing. Most do - ex-City player Lee Philpott now runs a football agent business based in The Deep (the business centre bit, not the fishy bit).
 
Come on then, what you singing in the corona karaoke?

Police: Don't Stand so close to me.
Akon: So lonely.
Peggy Lee: Fever
The Verve: The drugs don't work

Any more for any more?
 
If a player takes even a quid reduction the contract is broken and they can walk away for nothing.
Factamundo
 
spesupersydera said:
It doesn't seem to be a problem at clubs in the rest of Europe? Unless they're making agreements 'off contract'?
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If the will is there I'm sure something could be done. Is there an equivalent of the PFA in Europe? Maybe players there can operate more independently.
 
Take supermarkets. As has been widely reported, panic buying and the prospect of a long-term lockdown have combined to create a shopping bonanza. The figures for the major stores are even better than Christmas. Yet supermarkets have been given the same rates and VAT holiday the government has awarded to small businesses, whose premises have been ordered shut.

Is that right? Is that fair? Couldn't that revenue be put to better use in this crisis? Yet barely a murmur on this anomaly. Even the banks withholding government money and sending small businesses to the wall do not attract the column inches of condemnation levelled at footballers and football clubs.
 
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Chazz Rheinhold said:
Take supermarkets. As has been widely reported, panic buying and the prospect of a long-term lockdown have combined to create a shopping bonanza. The figures for the major stores are even better than Christmas. Yet supermarkets have been given the same rates and VAT holiday the government has awarded to small businesses, whose premises have been ordered shut.

Is that right? Is that fair? Couldn't that revenue be put to better use in this crisis? Yet barely a murmur on this anomaly. Even the banks withholding government money and sending small businesses to the wall do not attract the column inches of condemnation levelled at footballers and football clubs.
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There is a dilemma with the big supermarkets, they are absolutely booming and create many low paid jobs yet the high street suffers. One thing I've started to do in the lockdown is try to shop at the local butchers and greengrocers during my dayly exercise, but will we have the time to carry on with this when everything gets back to normal?
 
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originalminority said:
There is a dilemma with the big supermarkets, they are absolutely booming and create many low paid jobs yet the high street suffers. One thing I've started to do in the lockdown is try to shop at the local butchers and greengrocers during my dayly exercise, but will we have the time to carry on with this when everything gets back to normal?
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Make the time OM... they needed people before all this and have been there during this... they deserve the business... probably better produce too.,.
 
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