“Soaring wages are threatening the stability of Premier League clubs, according to a report into football finances. The Deloitte Annual Review of Football Finance found that clubs spent 67% of their revenues on player wages during the 2008/09.”
We make up all this rubbish about players wages threatening the game’s viability when it’s nonsense. We just don’t like folk earning so much money especially when they squander it all on chunky jewellery, big (rather ugly) cars and other such indulgence. No class these football players, no class!
"Aha!” I hear you say. “The big wages just mean that competition is squeezed out of the Premiership – there’s only a few clubs that can win now because of the cash.”
Overall English football is pretty healthy – some of the clubs have a problem and (like most of our economy) there’s rather too much debt. But paying the players loads of money is the right thing to do – you get the best players in England helping build club and premiership brands and somehow it seems right to me that the people who provide the entertainment, who make it possible for the game to earn billions get most of the money. Where else should it go? To the owners, to the directors?