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wages

wages

Liberation said:
Tetchy fucker aren't you mick?................. For what it's worth ( and I know jack shit ) I very much doubt he's on that sort of money..... In fact the rumour was that as part of his contract, Gallagher would be the highest paid at PNE...and I doubt he's on that either....But I really don't know you humpty git. 🙂
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not "tetchy" at all,the part in the brackets is spot on...there was a rumour...but you don't really know?..great info
 
I imagine we should be paying decent wages to Maguire, in the region of 8k a week. It's not a fortune and certainly not a lot at our level.

We probably pay more generally than people think, just not the fortunes the idiotic, big clubs pay to the likes of Jordan Rhodes. If we didn't pay reasonable market rates we would simply not maintain a squad: their agents would be in overdrive.

It's subsidised by Hemmings, the money we get for players combined with the fact that we bring in players for peanuts, usually from lower leagues or academy footy.
 
In the 2016/17 season the club had ‘contracted a squad with wages which are higher in comparison to its revenue’. The revenue was £11.956m. The squad had 30 players in, including loanees and the handful of youth players promoted to the first team. That means the average wage then was higher than £7,664. (£11.956m/52/30 - wage bill / weeks in a year / number of players = average weekly wage).

Obviously that’s the average, not all the players in the squad were there for the whole season and you can probably more or less ignore the first year pros as they won’t be on comparable money.

From that I think you can safely say that:

A) some people were definitely on over £10k per week in the 2016/17 season
B) Maguire will definitely be on over £10k per week now
 
I haven't read the whole thread so apologies if this has been posted already, saw this article on Twitter which I found very informative.

http://priceoffootball.com/preston-maybe-someday/

If you set aside player sales, the entirety of our normal income from ticket sales, broadcast deals etc. is spent on player wages. It's a pattern that we seem to have followed the past few years (since the Riddler came on board) and I'd imagine that it will continue to be the case.

This year the only difference will be that we have an additional £12m or so in the bank from recent sales, which I would think will go on big signing on fees to keep wages in line with income.



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Rubadub said:
I haven't read the whole thread so apologies if this has been posted already, saw this article on Twitter which I found very informative.

http://priceoffootball.com/preston-maybe-someday/

If you set aside player sales, the entirety of our normal income from ticket sales, broadcast deals etc. is spent on player wages. It's a pattern that we seem to have followed the past few years (since the Riddler came on board) and I'd imagine that it will continue to be the case.

This year the only difference will be that we have an additional £12m or so in the bank from recent sales, which I would think will go on big signing on fees to keep wages in line with income.



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We're all hoping hugill & Cunningham sale wasn't to fund a training ground and that pot goes straight to player recruitment.
The perceived extra cash from player sales doesn't automatically translate large transfer fees being paid out by north end, large transfer fees = larger wages, of course.

The balance is a fine one, just hope somehow we manage to get a significant buy over the line as the squad, manager and support deserve it.
 
Rubadub said:
I haven't read the whole thread so apologies if this has been posted already, saw this article on Twitter which I found very informative.

http://priceoffootball.com/preston-maybe-someday/

If you set aside player sales, the entirety of our normal income from ticket sales, broadcast deals etc. is spent on player wages. It's a pattern that we seem to have followed the past few years (since the Riddler came on board) and I'd imagine that it will continue to be the case.

This year the only difference will be that we have an additional £12m or so in the bank from recent sales, which I would think will go on big signing on fees to keep wages in line with income.

Sent from my SM-G935F using Tapatalk
Click to expand...

Interesting read. This might be a dumb question, but are signing on fees always paid as a lump sum at the beginning of a contract or can they be paid over the length of the contract (so are effectively wages)? I could see that as a way to accommodate someone who wouldn't otherwise fit into our wage structure or would trigger pay rises for our other highest earners.
 
northendlondon said:
In the 2016/17 season the club had ‘contracted a squad with wages which are higher in comparison to its revenue’. The revenue was £11.956m. The squad had 30 players in, including loanees and the handful of youth players promoted to the first team. That means the average wage then was higher than £7,664. (£11.956m/52/30 - wage bill / weeks in a year / number of players = average weekly wage).

Obviously that’s the average, not all the players in the squad were there for the whole season and you can probably more or less ignore the first year pros as they won’t be on comparable money.

From that I think you can safely say that:

A) some people were definitely on over £10k per week in the 2016/17 season
B) Maguire will definitely be on over £10k per week now
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Does the wage bill not include the manager, coaching staff, scouts, medical dept etc etc?

ChrisR said:
Interesting read. This might be a dumb question, but are signing on fees always paid as a lump sum at the beginning of a contract or can they be paid over the length of the contract (so are effectively wages)? I could see that as a way to accommodate someone who wouldn't otherwise fit into our wage structure or would trigger pay rises for our other highest earners.
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We'll probably never know Chris and I suspect there isn't a stock answer anyway. It'll no doubt vary per player, some might be paid up front, others spread over the term on the contract, maybe some have an initial payment and then another in 12 months etc.
 
Tino said:
Does the wage bill not include the manager, coaching staff, scouts, medical dept etc etc?
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The wage bill in the accounts is over £13m, which I assume is the difference. But it’s complicated because the costs include things like NI contributions and signing on bonuses.
 
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