Are footballers overpaid?
- Thread starter Cai123
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it wont
then wait for those qatari owners take over ManU hehe.
Chokopop
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behold , the Pope has arrived. !
Kneel before me!
They are massive world wide clubs, and the money generated from the name of the club alone is enough to keep them going. It happens when a club is incredibly successful. The bigger you are, the greater the cashflow
Chokopop
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In other words, money comes to those with money.
As u wish. heheeh [LOL]
[video=youtube;Zn94j5F5YLc]http://www.youtube.com/watch?v=Zn94j5F5YLc&feature=related[/video]
---------- Post added at 04:16 PM ---------- Previous post was at 04:15 PM ----------
it inst that easy man. unless they have FMRTE
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Man Utd inherited the debt from the current owners, from which i understand though, is now being paid off from floating on the market or something. Mike or Godcubed or Joel are better at explaining that than me. I'm pretty **** at explaining economic stuff
Sponsorships/TV Money/Revenue/Ticket Sales/Transfer fees and Prize money mean we would need to have A LOT of bad seasons for it too have as big a knock on effect as it did on Leeds. Manchester United's debt is very bad, but don't forget that we were completely debt free before the Glazer's came in which is why everyone wants them out.
Even now when they're here, they're hated but they're running the club well. Spending when necessary (£50M+ this summer) and they're still paying off their debts when inclined too so eventually (although it'll probably take a while) we'll be debt free again.
EDIT: Zoomed twice by ajt09. *******.
Eddie Money
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i think its pretty obvious that footballers are overpaid, but you cant blame them for that. if people will offer them more money, why would you turn it down? still, doesnt mean im not hugely jealous of them all, the stinking rich bastards...
In the economic system that we live in, no they are not overpaid given their limited number and admirable talent. Is it fair that they get payed SO much when policeman/nurses/teachers/generic-underpaid-civilservant-example are payed so little? No.
But lots of people get payed far too much relative to how important their role is to society. What often determines their wages is the potential earning power they bring to a company. That's capitalism folks and you don't want to be one of those arses who picks on footballers for their wages whilst totally ignoring the context they're set in do you?
But lots of people get payed far too much relative to how important their role is to society. What often determines their wages is the potential earning power they bring to a company. That's capitalism folks and you don't want to be one of those arses who picks on footballers for their wages whilst totally ignoring the context they're set in do you?
If the club doesn't pay the footballer that money, where does it go? If someone earns £100k in a week, they pay almost 50% of all of that in income tax alone. That employs 2 policeman there and then, in a week. What happens if the owner of the club has no players to employ at high wages, he has millions of pounds sitting around doing nothing? Do you think he's going to spend it into the economy? No, he has no need to spend it. It's going into the bank, taxed at a lesser rate in the firm, or invested in stocks. They're paid so much because the industry's so rich, and the industry's rich because of consumer demand and rich investors. The money HAS to go somewhere, it's not just going to find its way to Africa, and the footballer - who actually provides the entertainment - deserves to be the beneficiary of that money, where it can be taxed and provide a lot to society.
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FFFFFFFFFFFFFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUU
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