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Premier League Wages Top 1Billion

The day before Leeds` crucial CVA meeting, research suggests that Premier League players will be earning a collective wage that will hit the 1bn mark for the first time in history. It is likely that player wages will go up due to the new television deal, further alienating the countries top division from the Football League.

The Deloitte Sports Business Group have shown that wages for Premiership footballers has risen 9% to 854million in the 2005/2006 season, and with Red Rom financing a number of highly paid flops (Shevchenko, just the four goals so far!) coupled with the introduction of foreign investment from Aston Villa`s Randy, Liverpool`s North American Duo and West Ham`s egg this is likely to continue to rise.

Leeds United have been no strangers to this themselves, having paid Seth Johnson a reported 30,000 a week for what was a completely dismal time that led to the club losing a cool 7million, and that was 6 years ago! When you consider the performances turned in for The Whites, it`s somewhat depressing that he was earning such a large amount of money per week, in 2002 The Office Of National Statistics had calculated that the average UK wage was 23,600 a year.

Deloitte believe that transfer activity during the summer window will exceed 300m alone, and a staggering 50m during the 05/06 season went to player`s agents! The promised land of the Premiership provides a massive financial boosts for the clubs that make it, it was Deloitte who created the phrase coined by many in the media in stating that promotion to the Premiership would be worth 60m for promoted clubs.

The money men in football will soon struggle to keep the ordinary fan interested. If you support Fulham, you may have noticed on the official website that they are delighted to point out that "Adult Season Tickets Start At 299." So that`s 300 quid to watch a team that slumped its way through the season that ended in a pathetic escape from relegation. For the Leeds United regulars on here I dare say your not particularly shocked, with season ticket prices for League One starting at a staggering 350. You can thank Uncle Ken for that.


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The Journalist

Writer: LUFC1 Mail feedback, articles or suggestions

Date:Thursday May 31 2007

Time: 8:27AM

Your Comments

Didn't someone once say money can't buy you love?
LUFC1
http://youtube.com/watch?v=4GMu1K1926c
LUFC1
Players these days are payed way too much.
Mr God
football today is all about money not football
Super-Leeds
Mr God and Super-Leeds,do you sometimes think you may state the obvious?
SweetLeftFoot
Obvious things seem to be unclear to football clubs!
tedpowelluk
Sweetleftfoot, do you ever think your last post was really pointless.
Karld
it really was, but part of its true.
tedpowelluk
You just want to be top of the leaderboard on points so your posting random messages.
Karld
who me?
tedpowelluk
Something needs to be done to safeguard the future of Football fans. Its good to see quite a few clubs have listened to the fans and either reduced or froze season ticket prices. You have to admire the general working class fan who still goes week in week out to watch their club. The biggest problem is most of the big clubs especially know that if they lose a fan the seat will easily be filled by somebody else.
dazza71
 

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