Maximum Wage Law - Corbyn

[domalino]

25 footballers can help their clubs turner over half a billion quid so how can the best of them being paid £20m be ridiculous?

Not only that, but where do people think the money is going, if not to the players?

It's going to the owners, who are already billionaires. Or maybe it goes to executives, TV people or agents.

If you're going to argue about people being overpaid in football, the players should be the last target.

 

[SWP's back]

Lol at the way some people seem to think shareholders are like some sort of regulatory body. Its just numbers on a screen.
Also, this proposal would pretty much only affect people earning over £300k, but the world seems to be full of people on probably a tenth of that who are horrified by the proposal. Media brainwashing at its best.

It's got fuck all to do with media brainwashing.

It's to do with people recognising it's a fucking idiotic and unworkable idea.

 

[domalino]

Hypothetically I'm sort of with Jezza on this one.
If we take footy as an example surely we'd all be happier with a system where the top earners are capped at say £2m a season and the ticket prices are halved?

See my post above, it's a complete fantasy to suggest the money would go back to the fans if footballers wages were capped.

TV revenue went up so much that the 20 PL teams could have given away all their match day revenue and they'd still be making more money than the previous season. That's with players earning 100-200k/week. Did it happen? No.

 

[SWP's back]

Tax revenue from footballers and CEO`s of major companies, dont make me laugh. we need to shut down the loop holes.

I'm guessing you've never seen a footballers payslip?

 

[stonerblue]

See my post above, it's a complete fantasy to suggest the money would go back to the fans if footballers wages were capped.

Why?

 

[stonerblue]

It's got fuck all to do with media brainwashing.

It's to do with people recognising it's a fucking idiotic and unworkable idea.

I read this story yesterday and you sprang to mind almost immediately. Needless to say you have not disappointed..

 

[domalino]

Why?

Why would it?

See my edit in the post above RE: TV Money, we've already seen what happens when the clubs get an extra £60m/year, it goes everywhere except the fans, the majority goes to transfer fees, agents and even executives or owners.

The era of gate receipts paying for wages is long gone. Clubs charge what they can for a ticket, based on what people are prepared to pay. Players salaries do not affect the demand for tickets, so changing the players salaries has no impact on ticket prices.

Can you name one reason why it would half ticket prices?

 

[SWP's back]

Hypothetically I'm sort of with Jezza on this one.
If we take footy as an example surely we'd all be happier with a system where the top earners are capped at say £2m a season and the ticket prices are halved?

Think it through mate.

At the minute City turnover £400m (for arguments sake)

42,000 season tickets at £650 is £27,300,000'

If the prices are halved the club brings in £13,650,000 in SC revenue but the turnover reduces to £386,350,000

However the wage bill drops from £200,000,000 down to £50,000,000

The upshot is that City's profits rise to £160,000,000m which goes to the Sheik and all of City's players leave the UK and HMRC is £67,500,000 worse off in income tax revenue in year one.

In subsequent years all the good players leave the UK, the TV companies end up paying a quarter of what they paid before, your Sky subscription drops by £10 per month and football in the PL is shite.

That is why it is a ridiculous idea.

 

[domalino]

Think it through mate.

At the minute City turnover £400m (for arguments sake)

42,000 season tickets at £650 is £27,300,000'

If the prices are halved the club brings in £13,650,000 in SC revenue but the turnover reduces to £386,350,000

However the wage bill drops from £200,000,000 down to £50,000,000

The upshot is that City's profits rise to £160,000,000m which goes to the Sheik and all of City's players leave the UK and HMRC is £67,500,000 worse off in income tax revenue.

That is why it is a ridiculous idea.

Actually he's got a point.

Ticket prices will go down massively when every player good enough to earn more than £35,000/week leaves the country and we're all sat around watching good football on TV, because no one would pay £500/year to watch league 1 players run around.

 

[Gelsons Dad]

He's the gift that keeps on giving.