Money in football (5 Viewers)

[AStonesThrow]

I've just been browsing through the Sky Sports transfer centre, and although I was very aware of the money involved in football, it actually disgusted me as to how much is being thrown around in the name of a game.
£75 million upwards for Maguire,
£45 million plus add ons for this new lad at West Ham, Charlie Austin surplus to requirements at Southampton yet they still want £8 million, Lys Mousset is £9.5 to Sheffield United.

Four men. £137.5 MILLION. There's just no sense in it. Granted, a lad can be good at the sport and highly valued, but how can you justify one man being worth £75 million to play a sport. There's just no sense in it. Where do we draw the line.

And that's before you even approach the idea of a contract. Imagine the clauses, perks and add ons involved along with the guys wages and signing on fee. Yes he's a cracking defender and highly talented, and yes it's more of a lifestyle than just turning up and playing, but ultimately, he's just a man, and it's just a game. Imagine what that money could do to help an impoverished area, or medical research. Things that actually matter.

I always found it crazy to think about the value and wages of Jamie Paterson. I went to Primary and Secondary school it him, played football on the playground with him throughout. A talented player, and an absolute class above most else, but at the end of the day, he was just a kid like me. I worked my arse off to get good grades at GCSE and A-level, while Jamie just seemed to glide through school. On leaving sixth form, I moved to Dorset, and my first job was as a carer for autistic children in a boarding school. Daily physical behaviours, massive emotional challenges and a hell of a lot of perseverance to build bonds and trust with the guys we were looking after. Jamie signed for Walsall, eventually earning a move to Forest, scoring a hat-trick against West Ham in the cup on TV, and then moving onto Bristol City after a spell at Huddersfield. For my work, I earned around £1,200 monthly. According to football manager, Jamie earns £7,000 weekly. The mind boggles. Fair play to him for building success and I'm not saying it's easy, but when you compare playing football, to caring for autistic children, or as I do now, caring for the elderly. How does this make sense?


Anyway, rant over.

 

---

[covcity4life]

Its a business end of the day

But you sre right regardless and it is 100% dumb as fuck the way this world operates.

People in famine and the money availsble to help so so so many people home and abroad but nope lets pay agent fees or signing fees etc

Worlds broken

 

[shmmeee]

I've just been browsing through the Sky Sports transfer centre, and although I was very aware of the money involved in football, it actually disgusted me as to how much is being thrown around in the name of a game.
£75 million upwards for Maguire,
£45 million plus add ons for this new lad at West Ham, Charlie Austin surplus to requirements at Southampton yet they still want £8 million, Lys Mousset is £9.5 to Sheffield United.

Four men. £137.5 MILLION. There's just no sense in it. Granted, a lad can be good at the sport and highly valued, but how can you justify one man being worth £75 million to play a sport. There's just no sense in it. Where do we draw the line.

And that's before you even approach the idea of a contract. Imagine the clauses, perks and add ons involved along with the guys wages and signing on fee. Yes he's a cracking defender and highly talented, and yes it's more of a lifestyle than just turning up and playing, but ultimately, he's just a man, and it's just a game. Imagine what that money could do to help an impoverished area, or medical research. Things that actually matter.

I always found it crazy to think about the value and wages of Jamie Paterson. I went to Primary and Secondary school it him, played football on the playground with him throughout. A talented player, and an absolute class above most else, but at the end of the day, he was just a kid like me. I worked my arse off to get good grades at GCSE and A-level, while Jamie just seemed to glide through school. On leaving sixth form, I moved to Dorset, and my first job was as a carer for autistic children in a boarding school. Daily physical behaviours, massive emotional challenges and a hell of a lot of perseverance to build bonds and trust with the guys we were looking after. Jamie signed for Walsall, eventually earning a move to Forest, scoring a hat-trick against West Ham in the cup on TV, and then moving onto Bristol City after a spell at Huddersfield. For my work, I earned around £1,200 monthly. According to football manager, Jamie earns £7,000 weekly. The mind boggles. Fair play to him for building success and I'm not saying it's easy, but when you compare playing football, to caring for autistic children, or as I do now, caring for the elderly. How does this make sense?


Anyway, rant over.

Autistic kids don’t pay for their care. Football fans pay for their football. And there’s more of them.

 

[hill83]

Top film stars earn more. The money is there and it’s the market rate.

For example if you break it down Ryan Reynolds was on £420000 a week last year.

 

[covcity4life]

Top film stars earn more. The money is there and it’s the market rate.

For example if you break it down Ryan Reynolds was on £420000 a week last year.

We know the why. It makes sense

But take a step back as human beingd and it makes zero sense lol

 

[hill83]

The attention is better spent focussing on the billionaires around the world. To us, yes the money footballers earn is huge, but in the grand scheme of things it’s nothing compared to the money some people have. A lot of the stick is because it’s “working class lads done good”.
Fair play to all of them I say.

Probably against the grain of the thread but fuck it.

Edit: I will say though, I’m a socialist at heart and would happily pay more in taxes to double wages for carers, teachers, nurses etc. They don’t get nearly what they deserve.

Double edit: the pay is known about before taking on these roles though so I’ve not no time for people whinging about their pay.

 

[Marty]

The money being thrown about for bang average footballers is criminal, £25 mill for Mings, someone who has only played more then 16 games in a season once in his whole career is stupid. Fulham spent £100 mill last year and looked light years behind the rest of the prem.

I think we're on the right tracks with our youth development, and we continue to produce quality footballers.

 

[Astute]

We know the why. It makes sense

But take a step back as human beingd and it makes zero sense lol

Speculate to accumulate. That is the way of the world. If you have no skills or money you will struggle. That goes with all walks of life.

 

[larry_david]

It seems now any player of any sort of average quality has a starting price tag of 20 mill. Danny ings, didn't someone fork out 20 mill for him? The guys only got 1 knee!

Bournemouth paid 15 million for Jordan ibe. It's incredible I think that works out 15 Mill a goal

 

[hill83]

It’s also worth mentioning that these figures being banded about these days don’t really mean anything. £30m doesn’t mean anything to a premier league club. Its not even 10% of the value they’ll recoup by staying up. And that’s before we even get into the mega rich clubs. We’d have no chance.

 

[AStonesThrow]

The attention is better spent focussing on the billionaires around the world. To us, yes the money footballers earn is huge, but in the grand scheme of things it’s nothing compared to the money some people have. A lot of the stick is because it’s “working class lads done good”.
Fair play to all of them I say.

Probably against the grain of the thread but fuck it.

Edit: I will say though, I’m a socialist at heart and would happily pay more in taxes to double wages for carers, teachers, nurses etc. They don’t get nearly what they deserve.

Double edit: the pay is known about before taking on these roles though so I’ve not no time for people whinging about their pay.

Just as a subnote, I wasn't whinging about my wages, just using it as a comparison. I could quite easily earn more working at Aldi but I truly love my job, whatever the wage

 

[westcountry_skyblue]

Wasn’t Dion Dublin on 20k a week with us 21 years ago and Villa double his wages when he moved? It’s the way of the world I guess.
Things won’t ever change,If your good at your job and someone is prepared to double your wage etc... Who wouldn’t??

 

[hill83]

Just as a subnote, I wasn't whinging about my wages, just using it as a comparison. I could quite easily earn more working at Aldi but I truly love my job, whatever the wage

Sorry, yeah I wasn’t saying that you were. I had someone I know in the care industry who you never hear the end of it from in mind.

Full respect to people who do that sort of job.

 

[AStonesThrow]

Sorry, yeah I wasn’t saying that you were. I had someone I know in the care industry who you never hear the end of it from in mind.

Oh absolutely there's a lot out there who do complain all the time. I always say, there's those who work in care, and then there's those who care

 

[Tommo1993]

Kind of rings a bell. I was in the same year as Cyrus Christie at school (Woodlands), was in a few of the same subjects as him. Due to being quite a popular pupil, he didn’t always offer the respect to peers or teachers as he should have, and was sometimes threatened to be booted off the school footy team if he didn’t buck his ideas up - Although you knew at the time that they were empty threats because he was their star player and winning trophies. Tbf to him he was a sound guy when he wanted to be. I didn’t do the best in school but the respect and manners were always there. Now I’m earning anywhere in the region of £1550-1750 p/m and god knows what he’s on, and I’m watching him on Sky and Match of the Day! (Maybe not this season...)

 

[shmmeee]

Speculate to accumulate. That is the way of the world. If you have no skills or money you will struggle. That goes with all walks of life.

Nonsense.

Far more luck than judgement involved in wealth creation.

And “that goes with all walks of life” isn’t a reason.

 

[oucho]

If you break it down Ryan Reynolds was on £420000 a week last year.

Bargain.

 

[Wyken Sky Blue]

Top film stars earn more. The money is there and it’s the market rate.

For example if you break it down Ryan Reynolds was on £420000 a week last year.

Yeah but he is dreamy so that's fine

Sent from my G8441 using Tapatalk

 

[theferret]

Nonsense.

Far more luck than judgement involved in wealth creation.

And “that goes with all walks of life” isn’t a reason.

That's quite a cynical view. I'd say the balance was the other way for the most part, with one or two exceptions of course. I'm sure Elon Musk has had some luck along the way, but I think his PhD in energy physics from Stanford had something to do with his subsequent success.

 

[Travs]

The only way to put a stop to it is for everybody in the UK to boycott Sky Sports for a couple of seasons. To a much lesser extent, a total boycott of Premier League grounds by their fans, although it’s the tv revenue that does it.

It amazes me the way armchair fans talk in wonderment about the value of players etc.... can they not see that it’s all to get them in front of their TVs and get as much advertising exposure and revenue as possible.

 

[Nick]

The only way to put a stop to it is for everybody in the UK to boycott Sky Sports for a couple of seasons. To a much lesser extent, a total boycott of Premier League grounds by their fans, although it’s the tv revenue that does it.

It amazes me the way armchair fans talk in wonderment about the value of players etc.... can they not see that it’s all to get them in front of their TVs and get as much advertising exposure and revenue as possible.

Deadline Day

 

[shmmeee]

That's quite a cynical view. I'd say the balance was the other way for the most part, with one or two exceptions of course. I'm sure Elon Musk has had some luck along the way, but I think his PhD in energy physics from Stanford had something to do with his subsequent success.

Right if it’s pure talent and hard work, why are most rich people from developed nations? Where are all the Kenyan billionaires? Being born in a developed country is your first piece of luck.

That’s a big example but it runs all the way down. Social mobility is at its lowest levels for ages because wealth entrenches itself through purchasing networks through private education. It tends to take something like a war to disrupt that.

Anyone who thinks they are where they are purely because of their own talents is delusional.

The reason I work for my boss and not the other way around is because his dad was loaded, sent him to private school then Oxford then handed him a property portfolio. This has allowed him to start a company with virtually no pressure to make money. I couldn’t do that, I’ve got bills to pay and no legacy.

Read Outliers by Malcolm Gladwell and look at how all the tech billionaires of the 90s like Jobs and Gates had advantages at a young age. Jobs lived near AT&T engineering and had access to tech for cheap no one else did. Gates happened to go to a private school with one of the only programmable computers in the country at the time. Hardly hard work that meant they had a leg up when the computing revolution started.

 

[Astute]

Nonsense.

Far more luck than judgement involved in wealth creation.

And “that goes with all walks of life” isn’t a reason.

Is it?

So it is as easy for someone to start up any sort of company that will struggle for funding as it is for someone who only has to ask daddy nicely?

Yes that is all walks of life. Who you know can also help a lot. Of course it doesn't guarantee anything. But it is much easier to start with money to make money than it is to start with nothing and make money.

In proportion how many kids from dodgy council estates will make it rich against those born into money? Exactly the same if what you say is true.

 

[better days]

The only way to put a stop to it is for everybody in the UK to boycott Sky Sports for a couple of seasons. To a much lesser extent, a total boycott of Premier League grounds by their fans, although it’s the tv revenue that does it.

It amazes me the way armchair fans talk in wonderment about the value of players etc.... can they not see that it’s all to get them in front of their TVs and get as much advertising exposure and revenue as possible.

I think we're currently at the high water mark for tv income
General consensus is that future deals from Sky, BT and so on are unlikely to be at the levels of the last renewal
A ban on advertising of gambling companies apart from during the match from kick off to the final whistle is due to start shortly which will vastly reduce the broadcaster's revenues
Whether you think that a good or bad thing (a good thing in my opinion) it will eventually affect the clubs especially if the ban extends to shirt advertising as is likely in the not too distant future

 

[Saddlebrains]

I've just been browsing through the Sky Sports transfer centre, and although I was very aware of the money involved in football, it actually disgusted me as to how much is being thrown around in the name of a game.
£75 million upwards for Maguire,
£45 million plus add ons for this new lad at West Ham, Charlie Austin surplus to requirements at Southampton yet they still want £8 million, Lys Mousset is £9.5 to Sheffield United.

Four men. £137.5 MILLION. There's just no sense in it. Granted, a lad can be good at the sport and highly valued, but how can you justify one man being worth £75 million to play a sport. There's just no sense in it. Where do we draw the line.

And that's before you even approach the idea of a contract. Imagine the clauses, perks and add ons involved along with the guys wages and signing on fee. Yes he's a cracking defender and highly talented, and yes it's more of a lifestyle than just turning up and playing, but ultimately, he's just a man, and it's just a game. Imagine what that money could do to help an impoverished area, or medical research. Things that actually matter.

I always found it crazy to think about the value and wages of Jamie Paterson. I went to Primary and Secondary school it him, played football on the playground with him throughout. A talented player, and an absolute class above most else, but at the end of the day, he was just a kid like me. I worked my arse off to get good grades at GCSE and A-level, while Jamie just seemed to glide through school. On leaving sixth form, I moved to Dorset, and my first job was as a carer for autistic children in a boarding school. Daily physical behaviours, massive emotional challenges and a hell of a lot of perseverance to build bonds and trust with the guys we were looking after. Jamie signed for Walsall, eventually earning a move to Forest, scoring a hat-trick against West Ham in the cup on TV, and then moving onto Bristol City after a spell at Huddersfield. For my work, I earned around £1,200 monthly. According to football manager, Jamie earns £7,000 weekly. The mind boggles. Fair play to him for building success and I'm not saying it's easy, but when you compare playing football, to caring for autistic children, or as I do now, caring for the elderly. How does this make sense?


Anyway, rant over.

I understand you with this. Its absolutely insane how much money is in the game now, and for a lot of the time bang average players. Similar to you with Jamie Paterson, i knew James Maddison (mainly his old man) from Sunday kickabouts down stoke green, of course we all gave it the big i am about James not being that good. But one day, even though he is 6 years younger than myself, he joined in. Unbelievable, 15 years old and taking the piss out of built men with 15 years hard Sunday league experience behind them. Couldnt get near him. Suppose the point im making is that, top level footballers are, without doubt a very talented and gifted bunch, but to have earnings of what, 100k a week, and to be transferred for the money they are, does make you think, why??

Mugs like me and you that pay for sky sports and the like i feel. I cant see it ever changing

 

[Adge]

The money being thrown about for bang average footballers is criminal, £25 mill for Mings, someone who has only played more then 16 games in a season once in his whole career is stupid. Fulham spent £100 mill last year and looked light years behind the rest of the prem.

I think we're on the right tracks with our youth development, and we continue to produce quality footballers.

Maddison and Wilson apart I can’t really think of many “quality” players, unless you are talking about the likes of Burge/Willis/Bigi/Stevenson et al all who will only get you so far?

 

[Saddlebrains]

Maddison and Wilson apart I can’t really think of many “quality” players, unless you are talking about the likes of Burge/Willis/Bigi/Stevenson et al all who will only get you so far?

Callum Wilson has come on leaps and bounds from being stoned off his box playing xbox at my best mates circa 2011. Still struggle to believe its the same man at times.

On the plus side i had a wager 2 years back, Maddison and Wilson to play for England in Euro2020. Surely that's 150 quid i can bank on?

 

[Astute]

Right if it’s pure talent and hard work, why are most rich people from developed nations? Where are all the Kenyan billionaires? Being born in a developed country is your first piece of luck.

That’s a big example but it runs all the way down. Social mobility is at its lowest levels for ages because wealth entrenches itself through purchasing networks through private education. It tends to take something like a war to disrupt that.

Anyone who thinks they are where they are purely because of their own talents is delusional.

The reason I work for my boss and not the other way around is because his dad was loaded, sent him to private school then Oxford then handed him a property portfolio. This has allowed him to start a company with virtually no pressure to make money. I couldn’t do that, I’ve got bills to pay and no legacy.

Read Outliers by Malcolm Gladwell and look at how all the tech billionaires of the 90s like Jobs and Gates had advantages at a young age. Jobs lived near AT&T engineering and had access to tech for cheap no one else did. Gates happened to go to a private school with one of the only programmable computers in the country at the time. Hardly hard work that meant they had a leg up when the computing revolution started.

I thought you said everyone had the same chance? And that it had nothing to do with where you are from.

As I said your start in life gives a big advantage. Although like with sport it can be a level playing field for most. But even then the more money you have the more you can afford to chase the dream.

 

[Mucca Mad Boys]

The money is there in the sport, the players deserve their share.

That rule applies across all sports.

 

[theferret]

Right if it’s pure talent and hard work, why are most rich people from developed nations? Where are all the Kenyan billionaires? Being born in a developed country is your first piece of luck.

That’s a big example but it runs all the way down. Social mobility is at its lowest levels for ages because wealth entrenches itself through purchasing networks through private education. It tends to take something like a war to disrupt that.

Anyone who thinks they are where they are purely because of their own talents is delusional.

The reason I work for my boss and not the other way around is because his dad was loaded, sent him to private school then Oxford then handed him a property portfolio. This has allowed him to start a company with virtually no pressure to make money. I couldn’t do that, I’ve got bills to pay and no legacy.

Read Outliers by Malcolm Gladwell and look at how all the tech billionaires of the 90s like Jobs and Gates had advantages at a young age. Jobs lived near AT&T engineering and had access to tech for cheap no one else did. Gates happened to go to a private school with one of the only programmable computers in the country at the time. Hardly hard work that meant they had a leg up when the computing revolution started.

Tired, discredited, leftist tropes. The politics of envy taken up a notch.

Of course people will benefit from circumstance. I suggested that in my original post, especially when referring to tech billionaires who would have benefitted from being in the right place at the right time with the right idea. To suggest, however, that their success was somehow achieved in the absence of hard work, perseverance and personal sacrifice is nonsense.

You live in a world I don't recognise. One where companies are all headed up by Oxbridge educated Tarquins who were gifted everything. I have a business, I employ people, and I work 60 hours a week and give myself 5 days holiday a year. It's a struggle, and it may fail before the end of the year, but if it does I won't blame anyone but myself, and I certainly won't moan about the fact I went to Caludon Castle and that my old man was skint. If it happens, you dust yourself down and go again.

Social mobility is not at the lowest level for years. Just because a sociology professor wrote a book saying it is doesn't make it true. For every study that suggests this, there is another that contradicts it, and all of them are influenced by the ideological bias of the author. In 2007 54% of FTSE100 bosses were privately educated. By 2015 it had fallen to 34%. You can argue that we are regressing but it isn't backed up by the facts.

Of course there is privilege. Of course some people benefit from a leg-up. We'd all like a society that is fair and provides opportunity for all, but we cannot engineer such a society by being slaves to ideological dogma. How many more failed socialist states do there have to be people stop saying 'ah, well, that wasn't true socialism'. It never is, is it. The penny will drop one day. The unequal sharing of virtues versus the equal sharing of miseries. Take your pick.

The world is not perfect and is not fair. It can be less imperfect and less unfair, but anyone who believes the answer lies in a system of collectivism and central planning should be given a wide berth.

 

[robbiekeane]

marginal revenue product

that's all there is to say really

 

[Magwitch]

Maddison and Wilson apart I can’t really think of many “quality” players, unless you are talking about the likes of Burge/Willis/Bigi/Stevenson et al all who will only get you so far?

Those players you mention above all play professionally might not be prem standard but still paid for playing football, millions don’t.

 

[block16]

Tv money. People pay to watch them play so that’s the money that floats around that system. Insanity I agree

 

[Wyken Sky Blue]

Right if it’s pure talent and hard work, why are most rich people from developed nations? Where are all the Kenyan billionaires? Being born in a developed country is your first piece of luck.

That’s a big example but it runs all the way down. Social mobility is at its lowest levels for ages because wealth entrenches itself through purchasing networks through private education. It tends to take something like a war to disrupt that.

Anyone who thinks they are where they are purely because of their own talents is delusional.

The reason I work for my boss and not the other way around is because his dad was loaded, sent him to private school then Oxford then handed him a property portfolio. This has allowed him to start a company with virtually no pressure to make money. I couldn’t do that, I’ve got bills to pay and no legacy.

Read Outliers by Malcolm Gladwell and look at how all the tech billionaires of the 90s like Jobs and Gates had advantages at a young age. Jobs lived near AT&T engineering and had access to tech for cheap no one else did. Gates happened to go to a private school with one of the only programmable computers in the country at the time. Hardly hard work that meant they had a leg up when the computing revolution started.

I raise you... Lord Alan Sugar.

 

[Sky_Blue_Dreamer]

Is it?

So it is as easy for someone to start up any sort of company that will struggle for funding as it is for someone who only has to ask daddy nicely?

Yes that is all walks of life. Who you know can also help a lot. Of course it doesn't guarantee anything. But it is much easier to start with money to make money than it is to start with nothing and make money.

In proportion how many kids from dodgy council estates will make it rich against those born into money? Exactly the same if what you say is true.

Given there are far more kids on council estates it would actually be far more from council estates would make it rich.