Evolution of Money in Football - A look at the rising wages of managers in football compared to other sports, & how things have changed.
Lets take a look at how much are the top managers making, according to France Football magazine.
Jose Mourinho on top comes as no surprise to anyone. I guess he has more than justified his salary by winning what he called his "most difficult title ever". The newly rich clubs of PSG, Anzhi, and Malago also have their representatives in Ancelotti, Hiddink and Pellegrini in the top 20, no surprise there either. I am a bit surprised at how much China are paying Camacho for their National Team, yet another example of the growing money power of the eastern sconomies.
Top 2 are no surprise, the Spanish giants paid dearly for their bunch of superstars last season. The high salaries of the Italian teams is mainly due to the long contracts of their aging stars, even though these have been declining over the last 2 years. Also if your transfer strategy benefits from 30+ year olds on low transfer fees, you will end up paying high salaries. Inter have dramatically cut their wage bill down over the last 12 months, and Milan have a lot of contracts of aging players ending this summer, so I can see the average salaries of Italian clubs falling down even further by next season.
.jpg)
Lets take a look at how much are the top managers making, according to France Football magazine.
 |
| Top 20 highest earning managers |
Lets see which leagues these coaches are concentrated in, and which country do these originate from.
 |
| Best coaches leagues concentration |
Clearly, the Premier League leads the charts in money power with 35% again. Thats where the money clearly is these days. More interestingly, Italy leads the origin of the best paid coaches these days, with 4 candidates in the top 20, even though none of these top 20 coaches coach in Serie A. Italian coaches are becoming the fashion these days, possibly down to the strong emphasis on tactics in the peninsula. Top 5 Italian clubs namely Milan, Juve, Inter, Napoli and Udinese, all have upcoming coaches of Italian origin who could soon enter this list, as could Prandelli once he is finished with the Azzurri. But we digress.
Another interesting survey released this week was the ESPN and sportingintelligence.com's survey of Top 278 best paying sports teams in the world. This survey looked at the average wages from top teams covering 7 sports and 10 countries, and included over 100 football clubs in its Top 278. Lets take a look at the average wages at the top 30 clubs, from the start of the 2011-12 season.
Top 30 highest paying clubs
.jpg "Top 30 highest paying clubs") |
| Top 30 highest paying clubs |
Lets analyse this a bit further, take a look at the two tables below.
.jpg)
There are too many English clubs in the top 30, and that might start dragging the league down as the impact of FFP starts growing more significant. You can see that from the table on the right above, the average salary of a premier league player is about €2.4m! Thats quite a bill to carry, even with the high gate reciepts in this country.
Another interesting observation, is that Bundesliga has as many as 8 (27%) teams in the Top 30, and a higher average salary than Serie A or La Liga. But if you compare the average salary of their top 10 clubs (€2.2m), its lower than the other three leagues (EPL €3.5m, La Liga €2.3m, Serie A €2.3m). This means that the salary disparity between the top half and bottom half in Bundesliga is the lowest of these leagues. Yet another indicator of the good financial health of the Bundesliga, the best managed league of Europe.
How does this compare to other popular sports?
LA Lakers top the list of all other sports with average salary of about €4.7m, the NBA team well below the two Spanish giants of football, and the two newly rich EPL sides. The next is Baseball team NY Yankees also at €4.7m, ahead of Milan at No 7. The list is then dominated by NBA and Football clubs, with a few baseball teams thrown in. Infact, the next top ranked sports team (if you take out these 3 sports) is Kolkata Knight Riders, the cricket playing IPL team from India, with an average (annualised) salary of €3.2m, ranked at 36 on the list. Luckily, that's one fast growing economy not that interested in football... yet.
So while 20 years ago football was not even close to the highest paying sports on the planet, the pay packets in the game have risen astronomically. Football is now one of the highest paying sports, and while FFP may slow down the rate at which the pay packets are growing, growing popularity in "dragon" economies will ensure that we see a €1,000,000-a-week player in the near future.
source : http://footballspeak.com
0 comments:
Post a Comment