In this graph we see an increase in spending over the last few years from 2003 there has been an average increase of over 400 million pounds, this is because football clubs have now got more money through their owners, also players are costing more than they did in previous years. The most meteoric rise comes after 2006, this and the rise in general can be linked to a number of reasons such as:
. Increase in player power (meaning they want to leave clubs more often)
.More and more rich owners takings over and pumping cash into new transfers (examples include Man City, Leicester, QPR, Crawley Town, Malaga, PSG)
. The hype surrounding the transfer windows (sky sports news ect) influences clubs to make the most of them
. The rise of TV deals and sponsorship which means the clubs have more money to use on transfers
. The introduction of parachute payments (when a club is relegated they receive money to enable they are financially sound in the lower division) and bonus payments for progress in competitions.
Quote
Quote
“@JordanS15CFC: @themichaelowen do you think footballers are overpaid?” No. They are paid the going rate for the contribution they make.
. Here is a direct quote from Michael Owen's (Manchester United and England striker) twitter account showing his view on footballers wages
. He is suggesting that footballers are paid the correct money due to the revenue the whole game recieves and the contribution they make to making that game possible.
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