View Full Version : Star Player on a Free Transfer = Big Pay Day [Ballack: $20.5 million a year contract]
pc4th
17 May 2006, 02:24 AM
Ballack's £121,000 a week (after tax)
http://sport.independent.co.uk/football/chelsea/article485002.ece
The 29-year-old German has agreed a three-year deal with Chelsea on a free transfer from Bayern Munich. The split, after four seasons in Bavaria, has been as acrimonious as it is lucrative for Ballack, who will add a seven-figure signing-on fee - spread over the duration of his contract - to his substantial salary. The deal is thought to work out at £121,000 a week. After tax.
Tax rate for footballer in England is around 40%. This would make his salary £201,666 a week before tax and £121,000 a week after tax.
£201,666 a week = $20,553,798 a year at the current exchange rate.
Beside the $20.5 mil a year, he will get a seven-figure signing-on fee.
The next highest paid footballer in the world is Ronaldinho at $10.2 million a year (though it might be around $11 million since the dollar depreciated)
PLAYER SALARY (TOTAL EARNINGS)
1. Ronaldinho (Barcelona) $10.2 million ($28.6 million)
2. David Beckham (Real Madrid) $7.7 million ($21.6 million)
3. Ronaldo (Real Madrid) $7.7 million ($20.7 million)
4. Wayne Rooney (Man. Utd.) $6.2 million ($19.3 million)
5. Christian Vieri (Monaco) $4.8 million (19.2 million)
6. Zinedine Zidane (Real Madrid) $7.7 million ($18 million)
7. Alessandro Del Piero (Juventus) $5 million ($13.8 million)
8. Frank Lampard (Chelsea) $8.6 million ($11.8 million)
9. Thierry Henry (Arsenal) $5.4 million ($11.8 million)
10. John Terry (Chelsea) $7.1 million ($11.6 million)
In Euro
11. Steven Gerrard 6.7 9.2
12. Oliver Kahn 6.0 9.1
13. Rio Ferdinand 7.2 9.0
14. Raul Gonzalez 6.4 8.9
15. Michael Owen 5.0 8.7
16. Ruud van Nistelrooy 6.4 8.5
17. Francesco Totti 5.6 8.4
18. Michael Ballack 5.5 8.4
19. Harry Kewell 5.7 7.9
20. Patrick Vieira 5.0 7.5
Notice Henry is making $5.4 million a year and his contract expires in 12 months. There is a good chance that he will follow the footstep of Campbell and Ballack and play out his contract. Only time will tell.
-------------------------------------------------------
Cost to Chelsea [Ballack on a Free]
Salary: $20.5 mil a year for 3 year = $61.5 million
Signing on fee: don't know, let say $5,000,000 (seven figure)
Total cost: $66.5 million
Cost to Chelsea [Ballack on a $36 mil transfer fee]
Salary: $10 mil a year for 3 year = $30 mil
Transfer fee: $36 milllion
Total cost: $66 million
Overall, I don't think Chelsea would care either way. But for Ballack, it's a huge gain. For Bayern Munich, it's a huge loss.
pc4th
18 May 2006, 05:35 PM
http://sport.independent.co.uk/football/chelsea/article485950.ece
Chelsea's £34m deal for Shevchenko set to offer Gallas and Crespo to Milan
By Jason Burt in Paris
Published: 18 May 2006
The total cost of getting Shevchenko for three years is $95 million ($65 mil in transfer fee + $30 mil in salary @ $10 mil each)
If he is on a free, I am sure he would get at least $20 million a year. Why?
Chelsea would love to pay him $60 mil for three years instead of $95 million for three years. I mean, who wouldn't?
Teso Dos Bichos
18 May 2006, 05:38 PM
*yawn*
nicephoras
18 May 2006, 06:07 PM
These figures are wrong, but OK.
pc4th
18 May 2006, 10:11 PM
These figures are wrong, but OK.
How so? Are you saying the Independent is not as accurate as you?
For a player similar to Ballack, I believe it would cost around $30 million in transfer fee and $10 million a year in salary. For a total cost of $60 mil over 3 years.
Man U would jump in and get him if they could do it for a total cost of $50 million. And so would Real Madrid or AC Milan.
The market value for a Ballack type of a player is $60 million over 3 years.
The market value for a Shevchenko is probably $90 million over 3 years.
The market value for a Ronaldinho is probably $100 million over 3 years. ($70 million in transfer fee and $30 million in salary for 3 years).
nicephoras
19 May 2006, 04:48 AM
How so? Are you saying the Independent is not as accurate as you?
For a player similar to Ballack, I believe it would cost around $30 million in transfer fee and $10 million a year in salary. For a total cost of $60 mil over 3 years.
Man U would jump in and get him if they could do it for a total cost of $50 million. And so would Real Madrid or AC Milan.
The market value for a Ballack type of a player is $60 million over 3 years.
The market value for a Shevchenko is probably $90 million over 3 years.
The market value for a Ronaldinho is probably $100 million over 3 years. ($70 million in transfer fee and $30 million in salary for 3 years).
The independent has said it "thinks" this, and according to the independent ballack is making 3 times more in wages than Lampard. Now, why don't I believe that? I dunno, because I have a hard time believing he makes twice as much as Ronaldinho.
Caesar
19 May 2006, 07:05 AM
http://www.phaseone.com/upload/dog-bone.jpg
.....
pc4th
19 May 2006, 01:38 PM
I dunno, because I have a hard time believing he makes twice as much as Ronaldinho.
If Ronaldinho is on a free transfer like Ballack, how much do you think he will make each year?
At least $25 million in my opinion.
Why? $25 mil for 3 years is $75 million.
His transfer fee alone is more than that.
Ask yourself, how many teams would bid for Ronaldinho if he is available for 3 years for a TOTAL COST OF $75 million?
Man U, Arsenal, Liverpool, AC Milan, Chelsea, Juventus, Real Madrid all would.
--- ------ -- - - - - --
Would you be okay if Ballack is making $10 million a year but receive a $30 million signing-on fee instead?
Or you prefer Bayern Munich to receive that $30 million?
pc4th
19 May 2006, 02:00 PM
Sources:
http://www.footballtransfers.co.uk/transfers/highestfees2005.php
Essien ([£24.43m] $40 mil in transfer fee + $21 mil in salary for 3 years) = $61 mil
Drogbar ([£24m] $40 mil in transfer fee + $21 mil in salary for 3 years) = $61 mil
Shaun Wright-Phillips[ £21m] $37 mil in transfer fee + $21 mil in salary) = $58 mil
Ricardo Carvalho [£19.85m] $35 mil in transfer fee + $21 mil in salary) = $56 mil
Essien: $61 mil market value for 3 years
Drogbar: $61 mil market value for 3 years
Shaun Wright-Phillips: $61 mil market value for 3 years
Ricardo Carvalho: $56 mil market value for 3 years
Is Ballack market value only $30 million for 3 years?
If he is available for just $30 million for 3 years, I am sure Manchester United would have got him in a heartbeat. Even at $40-50 mil range, I believe they would still sign him.
His market value is around $60 million and Chelsea paid the fair market value in order to get him. If they know what they are doing, they would structure the $60 million as followed:
$10 mil in salary per year (comparable to other players)
$30 mil in signing on fee
lanman
19 May 2006, 02:03 PM
If he is available for just $30 million for 3 years, I am sure Manchester United would have got him in a heartbeat. Even at $40-50 mil range, I believe they would still sign him.
http://soccernet.espn.go.com/news/story?id=368014&cc=5739&campaign=rss&source=soccernet
pc4th
19 May 2006, 02:07 PM
http://soccernet.espn.go.com/news/story?id=368014&cc=5739&campaign=rss&source=soccernet
The title of that article is
Ballack chose 'stronger' Chelsea over Man Utd
Germany midfielder Michael Ballack says he chose to sign for Chelsea instead of Manchester United because the English champions are a better team.
Do you really believe that?
He chose Chelsea because Chelsea offered more money.
If Manchester United offered more money, he would have sign with United. And we know that in a bid for player between Man U and Chelsea, Chelsea would win everytime thanks to Abramovich's $17 billion fortune.
lanman
19 May 2006, 02:15 PM
1 - Don't underestimate the lure of London on foreign players coming to England. It might not be the major factor but it will usually tend to have a bearing.
2 - If I were looking at the two teams in Ballack's position I would think that over the next couple of of years I was likely to win more trophies with Chelsea than Man Utd. As a younger player the choice may have been different, but ultimately if he wants to stand the best chance of winning over the next few years then Chelsea is the obvious choice.
How do you know he would have joined Man Utd if they had made an equal offer? He ruled them out a few months back, probably before he had finalised a contract.
Joelzinho
19 May 2006, 09:20 PM
Ballack's £121,000 a week (after tax)
http://sport.independent.co.uk/football/chelsea/article485002.ece
Tax rate for footballer in England is around 40%. This would make his salary £201,666 a week before tax and £121,000 a week after tax.
£201,666 a week = $20,553,798 a year at the current exchange rate.
Beside the $20.5 mil a year, he will get a seven-figure signing-on fee.
The next highest paid footballer in the world is Ronaldinho at $10.2 million a year (though it might be around $11 million since the dollar depreciated)
PLAYER SALARY (TOTAL EARNINGS)
1. Ronaldinho (Barcelona) $10.2 million ($28.6 million)
2. David Beckham (Real Madrid) $7.7 million ($21.6 million)
3. Ronaldo (Real Madrid) $7.7 million ($20.7 million)
4. Wayne Rooney (Man. Utd.) $6.2 million ($19.3 million)
5. Christian Vieri (Monaco) $4.8 million (19.2 million)
6. Zinedine Zidane (Real Madrid) $7.7 million ($18 million)
7. Alessandro Del Piero (Juventus) $5 million ($13.8 million)
8. Frank Lampard (Chelsea) $8.6 million ($11.8 million)
9. Thierry Henry (Arsenal) $5.4 million ($11.8 million)
10. John Terry (Chelsea) $7.1 million ($11.6 million)
How accurate is this list? Because when Cristiano Ronaldo re-signed with Manchester United they gave him about 5 thousand dollars more a week then what Rooney was making...
pc4th
20 May 2006, 02:01 AM
How accurate is this list? Because when Cristiano Ronaldo re-signed with Manchester United they gave him about 5 thousand dollars more a week then what Rooney was making...
It's from published reports in Brittish press. The one in dollars are from Soccer America, which used those published reports.
Rooney is only making $6.2 mil a year in salary.
C. Ronaldo, however, is making only $3.26 mil in salary (from a newspaper report). Before that he was making around $2 mil in salary.
SEE the PLAYER SALARIES thread in the Business and Media forum. Lot of info there.
Matt Clark
20 May 2006, 04:46 AM
He chose Chelsea because Chelsea offered more money.
If Manchester United offered more money, he would have sign with United.
He's on record - and has been for over a year now - as saying that his principal motivation for leaving Bayern is to move to a club with a realistic chance of winning the Champions League. That's why he chose Chelsea over United.
But never mind that - what is this almost demented obsession with footballer's earnings and values? Do you have time to watch any games, I wonder? Or is that not the point?
Rakim_22
20 May 2006, 02:43 PM
There's more to football than money ask Henrik Larsson. He played for the love of the game and was one of the most loyal players (regarding Celtic) play the game. Players today could learn a lesson from him.
King-James
20 May 2006, 04:40 PM
He's on record - and has been for over a year now - as saying that his principal motivation for leaving Bayern is to move to a club with a realistic chance of winning the Champions League. That's why he chose Chelsea over United.
Of course he is going to say that. It would be dumb to say publically that it was just for the money... because of the bad publicity and the scrutiny it will bring, with the club and fans wondering if he is trying hard enough after landing the contract. IIRC either his manager or the owner of Bayern said his leaving was all for the money.
Matt Clark
20 May 2006, 04:51 PM
Yeah - Uli Hoeness said it was all about money. But you know nothing about Bayern Munich if you attach more credence to that pronouncement than you do to Ballack's stated motives.
Anyone who has been following this saga (and it is a saga) for its full term, through the German press, knows that Ballack did not leave Bayern in search of more money alone.
pc4th
20 May 2006, 05:51 PM
If Chelsea pays Ballack $20 million a year for 3 years, the total cost of getting him would be comparable to the total cost of getting these players for 3 years:
http://www.bigsoccer.com/forum/showthread.php?t=355543
Total cost of getting these players for 3 years
2005
1. $68 mil Essien ([£24.43m] $44 mil in transfer fee + $24 mil in salary for 3 years)
2. $59 mil Shaun Wright-Phillips ([ £21m] $38 mil in transfer fee + $21 mil in salary)
3. $58 mil Michael Owen ([£17m] $31 mil + $27 mil)
4. $54 mil Sergio Ramos ([£18.48m] $33 mil in transfer fee + $21 mil in salary)
5. $51 mil Robinho [£16.64m]$30 mil + $21 mil)
2004
1. $64 mil Drogbar ([£24m] $43 mil in transfer fee + $21 mil in salary for 3 years)
2. $57 mil Rooney [£20m] $36 mil + $21 mil
3. $57 mil Ricardo Carvalho [£19.85m] $36 mil in transfer fee + $21 mil in salary)
4. $57 mil Samuel Eto'o [£18.14m] $33 mil in transfer fee + $24 mil in salary]
5. $54 mil Emerson [£18.48m] $33 mil in transfer fee + $21 mil in salary]
pc4th
20 May 2006, 05:52 PM
There's more to football than money ask Henrik Larsson. He played for the love of the game and was one of the most loyal players (regarding Celtic) play the game. Players today could learn a lesson from him.
Agree. We should be thankful that for every Campbell/Ballack that took advantage of the Bosman Ruling, there are 20 other star players that do not. As a result, the smaller clubs benefited from transfer fees.