Is Anyone Worth £256,000 Per Week?

anotheoldgit | 11:09 Mon 02nd Sep 2013 | News

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anotheoldgit

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If first class footballers were to have their wages cut drastically I wonder how many would give up the sport?

I mean what could they be capably of doing otherwise?

Octavius

I'm sure a multitude of trades and professions would feature, but if they have this talent and passion for playing, then why shouldn't they get the financial reward that someone is willing to pay them. They could always revert back to something else when they retire at 35.

EvianBaby

I guess we could have this debate forever pixie but in my opinion the two are incomparable. Footballers work for a private company, they are worth whatever someone is willing to pay for them. Many would consider nurses invaluable, that doesn't mean they can be paid astronomical sums though.

joggerjayne

OMG !!!!!

http://www.dailymail.co.uk/tvshowbiz/article-2408797/Baywatch-boy-Jeremy-Jackson-shows-ripped-abs-romantic-break-wife-Bora-Bora.html

Yummers!

Anyway, returning to the thread ... any economist will tell you that, if a person is offered £265k a week, then they are, by definition "worth" £265k a week ... unless you are artificially manipulating the market. He is worth that money if the members of the public who buy football tickets, and replica shirts, and Sky Sports subscriptions, generate enough revenue to pay his wages.

We might moan about clubs paying those wages, but it is we, the public, who determine what a player is worth.

If nobody buys a Gareth Bale replica shirt, his "worth" will soon go down. But, let me hazard a guess here ... the club will sell hundreds of thousands of Gareth Bale shirts. In fact, the revenue from shirts could exceed what they pay him, so his wages will probably cost the club nothing.