Football, or soccer, is a globally beloved sport that has grown into a multi-billion dollar industry. In recent years, one of the most hotly debated topics within the footballing world is the issue of footballer salaries. As the sport has evolved, so too have the salaries of its players, reaching astronomical figures that often draw both admiration and criticism. In this article, we will delve into the intricacies of footballer salaries, exploring their history, current state, impact, criticisms, controversies, future trends, and possible solutions.
How Much Do Footballers Get Paid?
Footballers salaries can vary greatly depending on the league and division they play in. In the Premier League, the average wage is slightly over £60,000 per week, which translates to over £3 million per year.
Premier League footballers are the highest paid in the sport. However, wages decrease significantly in lower divisions. In the Championship, players earn just over £4,000 per week, amounting to around £200,000 per year. Even though these wages are still generous, they are considerably lower than those in the Premier League.
Players in the bottom division earn even less, with an average of around £750 per week, which is not much higher than the national average wage.
As footballers progress in their careers and gain popularity, demand for their services can increase, potentially leading to substantial earnings if they make the right career choices.
Why Do They Get Paid So Much?
The demand for top-quality footballers is driven by their ability to increase the chances of a team winning titles, which translates into significant revenue from broadcasting rights, ticket sales, and merchandise. There is a limited supply of players who can match the skill and popularity of players like Lionel Messi and Cristiano Ronaldo, resulting in clubs bidding against each other to secure their services. This creates a win-win situation for those involved, as successful teams generate more revenue.
The overall amount of money in football has grown substantially due to consumer demand and technological advancements, such as the lucrative paid television market. For example, in 1992, the rights to air the Premier League were sold for less than £200 million, whereas in the 2019-20 season, the rights were sold for a staggering £5 billion. This demonstrates the significant increase in revenue generated by football and the increased value of top-quality players in the market.
Is It Likely That Wages Will Decrease?
Footballer salaries may only decrease if there is a decline in interest in football. This would result in clubs generating less revenue from the game, which would in turn limit their ability to pay footballers as much as they currently do. However, given the billions of avid football fans who actively watch football every year, it is unlikely to happen anytime soon.
Nevertheless, some young adults are being discouraged from attending football games due to the high cost of tickets. This has resulted in them attending games less frequently or not attending at all, which is concerning news for clubs.
Which Football Club Is The Most Valuable?
The financial success of football clubs can often be reflected in the salaries paid to their players. This is evident in the cases of clubs like Manchester United, Real Madrid, and Barcelona, which are currently the most valuable football clubs in the world with valuations exceeding £3 billion.
Even clubs like Liverpool and Chelsea, which are valued at lower amounts ranging from £1.4-1.6 billion, still possess significant financial influence.
This trend is not limited to top-tier clubs, as even lower-value clubs also retain considerable financial power. Currently, countries such as England, Spain, and Germany are leaders in terms of the value of their football clubs.
Highest footballer salaries 2023
Cristiano Ronaldo (Al Nassr) – $200 Million/Year
Ronaldo’s impressive career has now spanned over 20 years, and he has achieved yet another historic feat by becoming the first man to score in five World Cups. Unsurprisingly, he currently holds the title of the highest-paid football player in the world.
In the summer of 2021, Ronaldo made waves when he returned to his former club Manchester United and signed a two-year deal, becoming the highest-paid player in the history of the English Premier League. However, this stint did not last long.
Recently, Ronaldo made a surprising move to Al Nassr, a decision he attributed to having “won everything in Europe.” This move has catapulted him to earning a staggering $200 million per year, solidifying his position as the highest-earning football player in the world.
While Ronaldo’s move to Al Nassr has sparked debates among fans and pundits alike, there is no denying that it has resulted in one incredible payday for the five-time Ballon d’Or winner.
Kylian Mbappe (Psg) – $128 Million/Year
Kylian Mbappe, who currently plays for Paris Saint-Germain (PSG), was previously the highest-paid footballer in the world when he signed his contract with the French club. However, despite PSG’s financial investment and Mbappe’s talent, the club has yet to win the UEFA Champions League.
Mbappe has frequently expressed his desire to play for Real Madrid, but he ultimately chose to commit his future to PSG. It is reported that his contract with PSG includes clauses that give him control over coaching appointments and player recruitment, indicating his influence within the club.
The statement also mentions a possibility of PSG “bottling” or underperforming in the knockout stages of the Champions League in the upcoming season. It remains to be seen how PSG will perform in the future, but Mbappe’s continued presence and influence within the club may impact their chances of success.
Lionel Messi (PSG) – $120 Million/Year
The third spot is reserved for Lionel Messi, who is widely considered one of the best players in the history of the game. His performance at the World Cup further solidified his status as the Greatest of All Time (GOAT). Messi made a surprising decision to leave Barcelona in the summer of 2021, becoming a free agent.
He then joined Paris Saint-Germain (PSG), a top French club, and signed a contract for two years with the option to extend it to a third year. Messi’s annual salary at PSG is a staggering $41 million net, with additional earnings from off-field endorsements bringing his total earnings closer to $120 million. Stay updated with the latest football tips and predictions by clicking here.
Neymar Jr (PSG) – $68.5 Million/Year
Neymar, the Brazilian star and teammate of Messi at Paris Saint-Germain (PSG), has signed a contract extension with the club in the summer of 2021. The new deal will keep Neymar at PSG until the summer of 2025 and he will earn $36.5 million per year. On top of that, he is expected to earn an additional $32 million from off-field earnings, bringing his total earnings to nearly $70 million.
Neymar has been consistently ranked among the top five or top ten players in the world over the past decade. Although he has won numerous domestic titles in France with PSG, he is eager to win the prestigious UEFA Champions League, and PSG has included a substantial bonus in his contract if the team achieves that goal.
Mohamed Salah (Liverpool) – $53million / Year
The Egyptian king of Liverpool, Mohamed Salah, signed a new three-year deal at the start of July 2022, making him the highest paid player in the history of the club. This well-deserved contract extension came after Salah’s impressive record of 176 goals in 290 games for Liverpool, and he continues to add to that tally. Salah has become even more vital to his club after a disappointing 2022/23 season.
Erling Haaland (Manchester City) – $39 Million/Year
Manchester City’s highly anticipated signing, Erling Haaland, has exceeded expectations since joining the club in 2022. Haaland’s connection to Manchester goes beyond his recent arrival, as his father also played for Manchester City in the early 2000s, which led to a memorable picture of a young Haaland Jr wearing a City shirt. In his debut season in the Premier League, Haaland has already scored an incredible 25 goals in just 19 appearances, solidifying his status as the next global superstar of the game.
Oscar (Shanghai Sipg) – $34 Million / Year
Oscar’s decision to move to China in 2016 raised eyebrows, as it happened during the peak of his career. However, it has been estimated that the Brazilian earned over three times his salary at Shanghai SIPG than he would have earned at Chelsea FC. While he may have missed out on a more high-profile career by moving to China, it is speculated that he may have invested in a private island, which could provide some consolation for not having a bigger trophy cabinet.
Eden Hazard (Real Madrid) – $31 Million / Year
Real Madrid and Manchester United are often seen as the top two clubs that pay exorbitant wages to their footballers but fail to fully utilize their potential on the field. Hazard, who joined Real Madrid from Chelsea in 2019, has spent a significant amount of time in the treatment room due to injuries. Even when he has been able to play, his performance has not been up to par.
Andres Iniesta (Vissel Kobe) – 30 Triệu Usd/Năm
Since his transfer from Chelsea, Hazard has been viewed by some as a redundant player, and his slump in form has been disappointing for Belgium. However, Hazard’s earnings from his club, Real Madrid, more than make up for it.
In addition to his on-field wages, Hazard also makes a significant amount off the field, earning four million dollars as he is featured on the cover of FIFA 20.
Kevin De Bruyne (Manchester City) – $29 Million/Year
The Belgian midfielder is widely considered one of the best players in the world at the moment, and his exceptional skills are evident in his substantial salary. He recently signed a renewed contract with Manchester City in the summer of 2021, committing to the club until 2025. While the exact amount of his wages is undisclosed, it is estimated to be over $24 million per year, with additional earnings from off-field endorsements likely to add several million more to his income.
In conclusion, footballer salaries are a complex and controversial topic, with various factors influencing their determination and significant impacts on the economy, society, and culture of football. While the astronomical salaries earned by top footballers can contribute to the financial success of the football industry and inspire young aspiring players, they also face criticisms and controversies related to issues such as wage inequality, financial sustainability, and ethical concerns. As football continues to evolve, future trends may include continued rise in salaries, focus on financial sustainability, increased emphasis on player welfare, shift towards performance-based contracts, and greater scrutiny and transparency. Ultimately, finding a balance between fair compensation for players and responsible financial management for football clubs will be crucial in shaping the future of footballer salaries.