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Intresting if uninspiring article by Daniel McDonnell in todays Indo. He quotes a figure of €3250 as the highest weekly wage being paid to a eLOI. Are figures like these really being paid in the league or is this just more insurance quote journalisim where they just pull any auld figure out of the air and call it a weekly wage. Full article here: http://www.independent.ie/sport/socc...o-1309037.html
If Gary Dempsey is actually getting what I've heard he's getting from Pats, €3250 is definitely not out of the question.
65% ..... penalties are for the pitch, not for club licensing
The same old question is that figure net or gross. Still, some clubs must have the same financial experts as Bertie is employing for the tribunal to try and come up with 65%.
If the figures for Pats in that article are correct, their turnover for the year would have to be €4m for them to be abiding by the wage cap. :eek:
These two statements don't necessarily contradict each other. Pats have a ton of full time coaching and backroom staff which shouldn't fall under the 65% cap (Kerr's wages alone probably make up 65% of revenue :p).Quote:
St Pat's are thought to have the highest overall weekly wage bill which is estimated by a number of sources close to the club to be €52,000; although Director of Football Brian Kerr last week denied they had the biggest playing budget.
The fact that Pats have been turned down by a number of players who got better offers elsewhere should tell you that there isn't a bottomless pit of money like some journalists would have you believe.
A player recently left us complaining about the wages he agreed to sign for. Apparently he had been used to agreeing to the net. His sizeable PRSI and PAYE payments annoyed him it seems.Quote:
Originally Posted by Macy
Last meeting pats fans had with the club, the club were very aware of the 65%.
Knowing exactly what 3 players are on I highly doubt the €52,000 lark.
I know exactly what one player is on at Cork too, and he's pretty close to the €3,250 figure. NET
Pullout from the Sun yesterday said:Quote:
Originally Posted by Schumi
Once Garrett Kelleher's investment in St Pat's is in the form of a non-repayable loan, the League says that can be included in the turnover figure and, so, they should have no problem on that [65% wage cap] score.
Quote:
Originally Posted by Macy
When is a loan not a loan?Quote:
Originally Posted by DmanDmythDledge
WTF is a non repayable loan? That's a donation surely.Quote:
Originally Posted by DmanDmythDledge
When it's got good friends who call round to visit often.Quote:
Originally Posted by Bald Student
Mooney? It's either him or George O'Callaghan I'd say.Quote:
Originally Posted by Dodge
I've no idea what georgie is on...
Seeing as Dodge is being coy for some reason, I'll let the cat out of the bag. Colin Healy is rumoured to be the highest paid player in the league. If not him then Farrelly, but most likely the former.Quote:
Originally Posted by Longfordian
Sure Georgie would play for free, he's City through and through! :D:p
A non-repayable loan? Isn't that a bit of a contradiction in terms?Quote:
non-repayable loan
its a makey up term from the Sun ffs...
If it is a NET figure that means player earning 250k Gross per year which no matter what club is insane money. Probably means player getting paid the equivalent of 6-10 complete gate receipts. :eek:
I think there will be tears regarding 65% wage cap this year. FAI seem be very organised & serious about policing so will be interesting to see they implement.
Thought as much.You know the other man a bit don't you? Nice work if you can get it, €3,250 or close to it into your hand.Quote:
Originally Posted by Dodge
According to the artilce its 3250 net. That defo means a wage of 250k pa minimum. Put in context - half of first div clubs will turnover less than 500k in total!
I don't think he is! :)Quote:
Originally Posted by Ambaiste!
Unless I've taken him up wrong.