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Madness....

A hundred thousand a week for playing a game, for five years!!!

Comments

  • Ross
    Ross Posts: 4,409

  • DaveMehmet
    DaveMehmet Posts: 21,592
    It’s an embarrassment 
  • Henry Irving
    Henry Irving Posts: 85,215
    Typical communist statement attacking the free market.


  • ForeverAddickted
    ForeverAddickted Posts: 94,288
    edited July 2019
    Thats just insane, the kid has barely done anything in Football to even warrant that sort of wage!!

    Makes you wonder if this is the problem with the England team prior to Southgate (as has been going on for a while now), kids not putting in 100% effort because they dont want to get injured and so miss out on the cash long term!!
  • limeygent
    limeygent Posts: 3,217
    Typical communist statement attacking the free market.


    Where'd that "flag button" go?

  • BR7_addick
    BR7_addick Posts: 10,210
    ....




    ONE STEP BEYOND!
  • Our house in the middle of our street...or robroys  if his 405 k seals it.
  • sillav nitram
    sillav nitram Posts: 10,161
    edited July 2019
    It’s absolutely obscene someone should be payed this much, when others throughout the globe don’t have enough to eat!

    What does this say about the society we live in, this really shouldn’t be allowed!

    This is really taking the PISS.
  • ValleyGary
    ValleyGary Posts: 37,973
    Is this the angry man thread?
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  • limeygent
    limeygent Posts: 3,217
    edited July 2019
    Is this the angry man thread?
    Don't think so, it just makes one scratch one's head. Especially when we watch LB struggle with his budget, and of course when we compare to our own budgets.
  • killerandflash
    killerandflash Posts: 69,840
    Our house, in the middle of a leafy part of Surrey with 8 bedrooms, a swimming pool and a Bentley and Ferrari outside

  • Big William
    Big William Posts: 3,838
    It says he was encouraged by Lampards postive words, a relief he didn’t speak negatively, otherwise he would have been off on a night boat to Cairo or somewhere. Hundred grand a week or not......
  • Valiantphil
    Valiantphil Posts: 6,409
    Nearly had a Cardiac Arrest over this. 
  • milo
    milo Posts: 388

    To coin a phrase from the takeover thread – he is worth what people are willing to pay.

     

    Is a Rothko painting worth $80M?

     

    Is it worth £5k to get a muppet from Love Island or Gordie Shore to endorse your product on Instagram?

     

    Packet of cigarettes worth £12 or a cocktail in a poncey London bar worth £20?

     

    Paying four times the price for a T-Shirt with a logo on it or a football shirt with a team’s badge on it?

     

    Paying a hipster £65 for a traditional cut-throat razor shave, when you could do it yourself far more safely in the comfort of your own bathroom?

     

    Paying £1M to Real Madrid to play your team in a pre-season friendly?

     

    The Rolling Stones grossing $240M for their last 40 date tour.

     

    I could go on.

     

    It’s not just Football that has gone mad or..... totally sane, bang on the money, depending on your point of view.

     


  • DaveMehmet
    DaveMehmet Posts: 21,592
    milo said:

    To coin a phrase from the takeover thread – he is worth what people are willing to pay.

     

    Is a Rothko painting worth $80M?

     

    Is it worth £5k to get a muppet from Love Island or Gordie Shore to endorse your product on Instagram?

     

    Packet of cigarettes worth £12 or a cocktail in a poncey London bar worth £20?

     

    Paying four times the price for a T-Shirt with a logo on it or a football shirt with a team’s badge on it?

     

    Paying a hipster £65 for a traditional cut-throat razor shave, when you could do it yourself far more safely in the comfort of your own bathroom?

     

    Paying £1M to Real Madrid to play your team in a pre-season friendly?

     

    The Rolling Stones grossing $240M for their last 40 date tour.

     

    I could go on.

     

    It’s not just Football that has gone mad or..... totally sane, bang on the money, depending on your point of view.

     



    You forgot to add the price of Southeastern season tickets
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Frank Lampard is Chelsea manager? Genuinely didn't know that...
  • Lincsaddick
    Lincsaddick Posts: 32,345
    Madness ? .. he'd be mad to turn it down. Odoi will be set up for the rest of his life by the time he is twenty. Who amongst us would have turned down an offer like that ?.
     I am sure that there have been and still are teenaged pop/rock stars making that kind of loot. 
    If you don't like the grossness of the amounts of money floating around in 'top' football (I concede that some salaries, e.g. Sanchez at Man U and some transfer fees look absurd) then don't pay TV subs and don't go to games. Little of this applies to our beloved CAFC of course ((:>)
  • StigThundercock
    StigThundercock Posts: 3,722
    Without getting into the pointless babble around whether this or that player can be worth £5m pa - have a thought as to how much of that ends up in the treasury through taxation.
    At that level player pays tax at 45% on all of it, plus employer pays 13.8% on top of most of it (above 8500p.a.)
    In very round numbers that's £2,900,000 tax per year just for that one "undeserving parasite".
    Multiply that up by all those players paid that and many times more, makes for a whole stack of tax to assuage all those ills you're all so dismayed about.
    Add in the impact of all those witless youngsters and their decadent spending power - can't see the harm myself.
    Better they get paid these "immoral" salaries here than in China, say.
  • blackpool72
    blackpool72 Posts: 23,667
    edited July 2019
    Most footballers earning that sort of money are in various tax schemes were they pay a lot Less tax than that.
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  • Chizz
    Chizz Posts: 28,331
    What is madness is thinking someone earning £5m a year actually pays his fair share of tax on it. 
  • Thats just insane, the kid has barely done anything in Football to even warrant that sort of wage!!

    Makes you wonder if this is the problem with the England team prior to Southgate (as has been going on for a while now), kids not putting in 100% effort because they dont want to get injured and so miss out on the cash long term!!
    I disagree.

    At the age of 18 he has already broken into Chelsea's first team and the England squad. In the entire history of English football only 17 players have made their international debut for us at aged 18 or younger. And 5 of those were before 1900!

    Wanted by a number of top european clubs and widely touted as one of the top 5 players of his age in the world.

    100k a week to get him signed him up long term instead of losing him for 30-40m seems very good business to me. 5.2m a year in wages for a player who could be worth 150-200m in a couple of years. No brainer for Chelsea.
  • StigThundercock
    StigThundercock Posts: 3,722
    Most footballers earning that sort of money are in various tax schemes were they pay a lot Less tax than that.
    this is empty fallacy stirred by rampant envy, however skilled their advisers, they all pay more in tax than we earn in decades, which is as it should be
  • eaststandmike
    eaststandmike Posts: 14,956
    Most footballers earning that sort of money are in various tax schemes were they pay a lot Less tax than that.
    this is empty fallacy stirred by rampant envy, however skilled their advisers, they all pay more in tax than we earn in decades, which is as it should be
    They will, but if they have a good accountant they will not pay anywhere near the 20% and 40% they should pay.
  • snowinberlin
    snowinberlin Posts: 807
    Without getting into the pointless babble around whether this or that player can be worth £5m pa - have a thought as to how much of that ends up in the treasury through taxation.
    At that level player pays tax at 45% on all of it, plus employer pays 13.8% on top of most of it (above 8500p.a.)
    In very round numbers that's £2,900,000 tax per year just for that one "undeserving parasite".
    Multiply that up by all those players paid that and many times more, makes for a whole stack of tax to assuage all those ills you're all so dismayed about.
    Add in the impact of all those witless youngsters and their decadent spending power - can't see the harm myself.
    Better they get paid these "immoral" salaries here than in China, say.
    That sounds good but if it meant all that tax take meant people like us benefited from it and was spent on front line services then everyone's a winner, unfortunately we won't.  Like all those Brexiter plebs who argue about saving 39bn - they won't see a bean of that
  • Algarveaddick
    Algarveaddick Posts: 21,146
    Madness ? .. he'd be mad to turn it down. Odoi will be set up for the rest of his life by the time he is twenty. Who amongst us would have turned down an offer like that ?.
    There have been and still are hedge fund managers, venture capitalists, and stockbrokers making that kind of loot. 
    If you don't like the grossness of the amounts of money floating around in 'top' football (I concede that some salaries, e.g. Sanchez at Man U and some transfer fees look absurd) then don't pay TV subs and don't go to games. Little of this applies to our beloved CAFC of course ((:>)
    Not disagreeing with you per-se Lincs, just adding a wider spectrum to the ridiculously-overpaid-for-what-they-do range of chancers... 


  • stevexreeve
    stevexreeve Posts: 1,385
    milo said:

    To coin a phrase from the takeover thread – he is worth what people are willing to pay.

     

    Is a Rothko painting worth $80M?

     

    Is it worth £5k to get a muppet from Love Island or Gordie Shore to endorse your product on Instagram?

     

    Packet of cigarettes worth £12 or a cocktail in a poncey London bar worth £20?

     

    Paying four times the price for a T-Shirt with a logo on it or a football shirt with a team’s badge on it?

     

    Paying a hipster £65 for a traditional cut-throat razor shave, when you could do it yourself far more safely in the comfort of your own bathroom?

     

    Paying £1M to Real Madrid to play your team in a pre-season friendly?

     

    The Rolling Stones grossing $240M for their last 40 date tour.

     

    I could go on.

     

    It’s not just Football that has gone mad or..... totally sane, bang on the money, depending on your point of view.

     



    Or a half a million pounds for a small house or a few square yards in small town when there is acres of space where other houses could be built for next to nothing!
  • killerandflash
    killerandflash Posts: 69,840
    Most footballers earning that sort of money are in various tax schemes were they pay a lot Less tax than that.
    this is empty fallacy stirred by rampant envy, however skilled their advisers, they all pay more in tax than we earn in decades, which is as it should be
    They will, but if they have a good accountant they will not pay anywhere near the 20% and 40% they should pay.
    Not sure how they can get away with not paying all their tax on their base salary though, which is a straightforward contract of employment with a UK employer and UK location
  • snowinberlin
    snowinberlin Posts: 807
    Haven't read the whole thread but can't believe Madness would evade their taxes