£300k per week

Author
Discussion

TwigtheWonderkid

43,796 posts

152 months

Friday 21st February 2014
quotequote all
AAGR said:
Just think. Crowd capacity at Old Trafford is about 75,000, and it is usually full on match days.

On Rooney's new salary, each and every one of them is paying £4, every week, just to see him come out to play ....
Except they're not, because of shirt sales, worldwide marketing, tv money, success on the field and prize money, etc. etc. Good players and success on the field lead to all those.

Amirhussain

11,490 posts

165 months

Friday 21st February 2014
quotequote all
Fair play to him, never understood this 'footballer bashing' regarding their wages.

Wheat

505 posts

132 months

Friday 21st February 2014
quotequote all
Amirhussain said:
Fair play to him, never understood this 'footballer bashing' regarding their wages.
Agreed. And not to forget that they pay 50% tax, so Wayne's now giving our government £150k a week.. Bet the people who complain about footballers wagers are the same ones who complain when their local councils run out of dosh.

TwigtheWonderkid

43,796 posts

152 months

Friday 21st February 2014
quotequote all
Wheat said:
Agreed. And not to forget that they pay 50% tax, so Wayne's now giving our government £150k a week.. Bet the people who complain about footballers wagers are the same ones who complain when their local councils run out of dosh.
Not quite, because footballers' special pension concession (as they retire mid 30s) allows them to squirrel 35% of gross into the PFA pension scheme, on which there is tax relief. But even so, he'll still be handing over a fair whack to HMRC.

Vizsla

927 posts

126 months

Friday 21st February 2014
quotequote all
Jasandjules said:
I wonder what the views would be if he was a good banker making millions for his firm....
'Good' and 'banker' in the same sentence? Shirley not!

Cheib

23,379 posts

177 months

Saturday 22nd February 2014
quotequote all
His agent has played Man U like an absolute dream...yes it's a lot of money but he could have gone for nothing in 15 months. Man U would then have had a £30 mil hole to fill.


Mini1275

11,098 posts

184 months

Saturday 22nd February 2014
quotequote all
LovesSweetExile said:
When I saw the thread title, I thought this was going to be about one of Welshbeef's holidays.
hehe

hilly10

7,200 posts

230 months

Saturday 22nd February 2014
quotequote all
AAGR said:
Just think. Crowd capacity at Old Trafford is about 75,000, and it is usually full on match days.

On Rooney's new salary, each and every one of them is paying £4, every week, just to see him come out to play ....
Only when he is fit

GTO-3R

7,554 posts

215 months

Saturday 22nd February 2014
quotequote all
I don't understand the football wage bashing either.

I believe Adele earnt £20 million last year without releasing a song but no one says anything...

A movie star can earn £50 million for a film and no body bats an eyelid....

How much does Lewis Hamilton earn?

Tiger Woods?!

He's one if the best at what he does so I've no problem with him being paid for it.

CubanPete

3,630 posts

190 months

Saturday 22nd February 2014
quotequote all
Wheat said:
Agreed. And not to forget that they pay 50% tax, so Wayne's now giving our government £150k a week.. Bet the people who complain about footballers wagers are the same ones who complain when their local councils run out of dosh.
I hope he pays tax rather than being on a dodgy contractors avoidance scheme, or is a Swiss registered company.

I do think footballers are over paid, but at least it is going to an English one.

qureshia

4,227 posts

208 months

Saturday 22nd February 2014
quotequote all
Well done him,

The reality is sport (and particularly football), is as close to a true meritocracy as we have.
It doesn't care, where you were born, what school you went to and by and large who you (or your parents) know, equally it doesn't favour monopoly positions (at a player level, maybe something that could be levelled at the club level) by and large young upstarts have just as much chance as established players.

It is the nearest thing to a true free market, we need a lot more in our so called capitalist society.

Manchester United saved tens of millions on transfer fees, so perhaps a good deal for them ??

PorkInsider

5,956 posts

143 months

Saturday 22nd February 2014
quotequote all
CubanPete said:
I hope he pays tax rather than being on a dodgy contractors avoidance scheme, or is a Swiss registered company.

I do think footballers are over paid, but at least it is going to an English one.
I think they have to be PAYE for the salary part of their income due to FA (or possibly UEFA) rules.



Pesty

42,655 posts

258 months

Saturday 22nd February 2014
quotequote all
PorkInsider said:
CubanPete said:
I hope he pays tax rather than being on a dodgy contractors avoidance scheme, or is a Swiss registered company.

I do think footballers are over paid, but at least it is going to an English one.
I think they have to be PAYE for the salary part of their income due to FA (or possibly UEFA) rules.
Wayne Rooney is among the Premiership footballers to have payments put into companies as 'image rights' earnings.

The complex tax structures often surrounding player-controlled image rights companies mean players can legally avoid paying the 50% top rate of income tax on their earnings. By receiving loans from these rights, companies' tax rates can be depressed even further, potentially as low as 2% according to some tax experts.

A spokesman for Revenue & Customs said: "We are aware of the attempts to use image rights as well as other schemes to avoid the 50% rate of tax. The taxation of image rights is a complex area where the tax treatment will very much depend on the facts of the particular case."

Since the former chancellor Alistair Darling announced plans to introduce a 50% top rate of tax there has been a rush of players looking to establish image rights companies. They include Newcastle's Andy Carroll, Darren Fletcher of Manchester United and Jack Wilshere of Arsenal.


http://www.theguardian.com/business/2011/jan/16/pr...

CHN

1,805 posts

256 months

Saturday 22nd February 2014
quotequote all
Funny you see this whenever a working class lad makes money in football, yet many bankers receive yearly bonuses that eclipse this. The company I work for tried to offer us zero payrise last year but after drawn out negotiations they settled on 2% and no further rise for 2 years. That same year the guy at the top received a 5 year bonus deal for £130m or £500k a week, on top of his wages.

Good luck to the lad,if the players didn't get it, it would only go in the boards pockets. Would be interesting to see what sort of pay increase the staff receive at old Trafford this year though, after Wayne got a 20% rise.

Pesty

42,655 posts

258 months

Saturday 22nd February 2014
quotequote all
CHN said:
Funny you see this whenever a working class lad makes money in football, yet many bankers receive yearly bonuses that eclipse this. The company I work for tried to offer us zero payrise last year but after drawn out negotiations they settled on 2% and no further rise for 2 years. That same year the guy at the top received a 5 year bonus deal for £130m or £500k a week, on top of his wages.

Good luck to the lad,if the players didn't get it, it would only go in the boards pockets. Would be interesting to see what sort of pay increase the staff receive at old Trafford this year though, after Wayne got a 20% rise.
Was sent a link to Forbes I think which showed how much a dirctor of our company was paid 2011-2012. Which was around the figure you have up there but for one year remember.

More than gross profit for Europe.

Still puzzled by it all. And that's just one director.

Andy M

3,755 posts

261 months

Saturday 22nd February 2014
quotequote all
TwigtheWonderkid said:
Funny how we're all capitalists, until the market decides that someone we feel superior to is worth far more than we are. That seems to bring out the hidden socialist in folk.
I'm no fan of Rooney, and even less of Man Utd, but you've hit the nail on the head perfectly.

MrMagoo

3,208 posts

164 months

Saturday 22nd February 2014
quotequote all
yikes 50 per cent tax is appalling no matter how wealthy you are. If I was paying 50 per cent tax, I'd look for a way to bring it down too.

It's no wonder these big stars try and worm there way out of paying.

Superhoop

4,682 posts

195 months

Saturday 22nd February 2014
quotequote all
TwigtheWonderkid said:
Except they're not, because of shirt sales, worldwide marketing, tv money, success on the field and prize money,etc. etc. Good players and success on the field lead to all those.
Not sure there will much of that this season biglaugh

LimaDelta

6,602 posts

220 months

Saturday 22nd February 2014
quotequote all
anonymous said:
[redacted]
Exactly, if he chipped in with a couple of his mates then maybe he could afford to charter an Oceanco 7-series like this. Only 900,000EUR per week (excluding fuel, food and tips of course).

Good on him though I say!

CHN

1,805 posts

256 months

Saturday 22nd February 2014
quotequote all
MrMagoo said:
yikes 50 per cent tax is appalling no matter how wealthy you are. If I was paying 50 per cent tax, I'd look for a way to bring it down too.

It's no wonder these big stars try and worm there way out of paying.
Why is 30% ok for those of us on normal salaries, but 50% for someone on a huge amount is not? Where do you draw the line? I'm of the opinion that the more you benefit from what this country offers you, the more you give back. We all know the tax levels, so live with them if fortune shines on you. At the end of the day, looking for ways to dodge it is looking for ways to take money out of the NHS and education. Pure greed.