Highest Premier Division Wage budget

(this is not a wind up, i just couldn't find anywhere else to post)

Read today in the IT that Drogs were reported to be spending 42k a week on wages last season & that was before they signed new players this season. Emmet Malone doesn't post rumours much so must be some element of truth in it & he couldn't be that far out giev first team squad of 25 players?

By my calculations looking at a cool 2.5m in wages which is staggering money that makes Shels look prudent. :eek: I would guess thats got to be twice next highest wage budget...

- Is there any truth in this?
- How long can it be sustained?

I could ask how can get a licence on those numbers but hey it worked for Shels.

Heard those figures two years ago they must be alot higher now as they sign everyone, if they win all the domestic trophies including setanta would they make a profit now especially with the reduced capacity?

Heard something similar. Highest paid player on roughly €2500 a week

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Originally Posted by Dodge

Heard something similar. Highest paid player on roughly €2500 a week

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One of the big problems (has certainly happened with us too) is the PFAI wanted players to be paid after tax so if player reported to be getting 1,000 a week the cost to the club is closer to 1,500 as they pay the tax & PRSI etc... Fans then think club being tight as player only earning say 40k when fans would have to earn 60k+ gross to earn that money in normal PAYE job.

I presume this would make club budget at 3m easily enough. :eek:

How's the stadium coming along cel? Be ready by the end of the year like you insisted yeah?

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Originally Posted by Dodge

Heard something similar. Highest paid player on roughly €2500 a week

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No Drogheda player earns €2500 per week. There is a salary cap of €80k per annum.

Georgie was reported in the Independent just after the FAI cup final in '05 to be on 125k a year with City.

LOL

Yeah of course there is

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Originally Posted by LukeO

How's the stadium coming along cel? Be ready by the end of the year like you insisted yeah?

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No - doesn't look like it. I also said it would be ready by November, never mind the end of the year. I was obviously incorrect. Pardon me for attempting to share what I thought was genuine info.

Mind you we are looking good for the league and the Setanta cup.

The Mirror had an article about money in the EL a few weeks ago (their friday pullout is the best EL related thing in this country) they reported that Drogs playing budget was 2.4 million.

Which means to break even they need to win the league, fai cup and setanta 3 times this season (900k total) and average 1500 a week. Not to hard really if you think about it :confused:

Highest paid player in the league is alleged to be jason gavin on a nice €2460 a week.

kdjac

I assume their logic here is that they'll win the league and get a decent Champions' League run which will avoid them running up huge debts.

They'd have to make at least the third qualifying round just to break even though if you think about it, so it's a tall ask to do that every year.

Can't believe their budget is 2.5 million-can't be sustained surely? I guess we're talking euros here not pounds as if it were pounds it'd be more than Swansea's budget (if it isn't anyway) and we average crowds about eight or nine times as big.

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Originally Posted by Cymro

I assume their logic here is that they'll win the league and get a decent Champions' League run which will avoid them running up huge debts.

They'd have to make at least the third qualifying round just to break even though if you think about it, so it's a tall ask to do that every year.

Can't believe their budget is 2.5 million-can't be sustained surely? I guess we're talking euros here not pounds as if it were pounds it'd be more than Swansea's budget (if it isn't anyway) and we average crowds about eight or nine times as big.

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No it's euro € - our currency.
Sure why would we deal with pounds over here? :confused:

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Originally Posted by BohsFans

No it's euro € - our currency.
Sure why would we deal with pounds over here? :confused:

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To accomadate Derry ?


kdjac

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Originally Posted by kdjaC

To accomadate Derry ?


kdjac

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So we'd talk about Drogs wage budget in pounds to accommodate Derry but not talk about it in euro, which the rest of us use?

They ain't the brightest out Inchicore way! :(

Yeah but at least we get sarcasm

I remember reading last year that in 2005, I think it was, Bohs had an annual wage bill around the €1.3m mark. I know that's half the Drogs one but at the time they didn't have the Government money and they weren't exactly title challengers either.

Nobody has factored in the 5,000 houses in Drogs projections.......

No, I don't think its sensible either, but their Chairman is on record saying that if that isn't approved then spending will fall dramatically.

Its clearly non-sustainable, any 15 year old can look at the income and cost and realise the gap is huge.

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Originally Posted by Dodge

Yeah but at least we get sarcasm

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I get sarcasm, but it doesn't suit someone as dry as kdjaC.

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Originally Posted by superfrank

I remember reading last year that in 2005, I think it was, Bohs had an annual wage bill around the €1.3m mark. I know that's half the Drogs one but at the time they didn't have the Government money and they weren't exactly title challengers either.

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Yes it was around €1.3m the season Kenny fu_cked up.

What are you talking about Gov money and what has it got to do with challenging? :confused:

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Originally Posted by pineapple stu

That said, I see pete continues with his theory that the PFAI are forcing everyone to be paid after tax, to the ruin of clubs, even though the head of the PFAI has been on here to say that that's nonsense.

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So we all imagined the players insisting on net pay contracts over the years? What about payslips and P60's? Did I miss the clamour of the PFAI demanding those too? I'd hope the current incumbent is more vocal than the previous one on issues like this - indeed hopefully it is part of the standard contract.