Sporting Intelligence published the latest data on how much international sports clubs spend on player's wages. Here's what the data says
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Money doesn't guarantee sporting success but it probably helps. The latest data on how much international sports clubs spend on players wages tells us that English Premier League outfit, Manchester City, are now in the top three, up from tenth spot last year. Players lucky enough to be in the City's first team are likely to be on £86,280 a week, on average, according to research just released by Sporting Intelligence. Chelsea, who play in this weekends FA cup final, are fourth. Both teams trail Spanish giants Barcelona and Real Madrid, who are first and second respectively.
Barcelona, whose crown as Europe's best club team has slipped a little recently thanks to a poor season by their standards, paid each of their first team players an incredible £5.2 million per annum, or £101,160 per week. Real Madrid, who have just won the Spanish championship, pay their players around £90,000 per week, but this is likely to increase significantly if Madrid's current crop of players go on to dominate European football, as many football experts now predict.
The data also throws up further evidence of how football clubs offer the biggest reward for sporting talent, where once basketball and American football clubs used to dominate. Currently, of the top ten sports clubs spending the most on wages, seven are football teams based in Europe.
Footballers' wages have been on an upward curve for some time now despite warnings that the industry's bubble may burst, which could leave overspending clubs in financial ruin.
Efforts in the past to control wages have largely failed, most notably a salary cap of £20 per week in the 1950's. This was undermined as English players were being enticed by foreign clubs offering better terms. The Chairman of The Professional Footballer's Association, Jimmy Hill, decided to act, throwing his weight behind Fulham's attempts to keep thier star player, Johnny Haynes, by paying him more. In 1961, the PFA and Fulham succeeded, and Haynes became English football's first £100-a-week player, a paltry sum when compared to what stars of the modern game earn, but it was estimated to be seven times more than the average manual wage at the time.
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