Comments on: Wages of Footballers http://www.economicshelp.org/blog/economics/wages-of-footballers/ Economics Blog - current events and economics essays Thu, 18 Mar 2010 19:46:30 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andrew http://www.economicshelp.org/blog/economics/wages-of-footballers/comment-page-1/#comment-5337 Andrew Thu, 14 Jan 2010 13:52:02 +0000 http://www.economicshelp.org/blog/?p=1908#comment-5337 People get paid according to their value they offer others. The problem is most people don't realise this. Premiership football players get paid highly because week in week out, they are seen by thousands and thousands of people. They add value and enjoyment to so many people's lives. They are in the public eye. Do you hear anybody complain at how much movies stars are paid? No. There movies are seen my thousands of people. If you want to get a higher wage. You have to add more value to those that you are serving and increase the numbers of those that you are serving. N.B. People get confused when they try and equate a wage figure to the supposed importance to a job. They see one job as more important when compared to another. This is social created scale. That has little relavance in cold hard cash terms. People get paid according to their value they offer others.

The problem is most people don’t realise this.

Premiership football players get paid highly because week in week out, they are seen by thousands and thousands of people. They add value and enjoyment to so many people’s lives. They are in the public eye.

Do you hear anybody complain at how much movies stars are paid? No. There movies are seen my thousands of people.

If you want to get a higher wage. You have to add more value to those that you are serving and increase the numbers of those that you are serving.

N.B. People get confused when they try and equate a wage figure to the supposed importance to a job. They see one job as more important when compared to another. This is social created scale. That has little relavance in cold hard cash terms.

]]> By: Gary Worrall http://www.economicshelp.org/blog/economics/wages-of-footballers/comment-page-1/#comment-4750 Gary Worrall Fri, 23 Oct 2009 14:57:13 +0000 http://www.economicshelp.org/blog/?p=1908#comment-4750 Why do people always point to Footballers wages as major Economic problem? They are paid ridiculously high wages because their MRP is ridiculously high. Players like Gerrard and Rooney attract so many fans to watch games and buy merchandise. Not to mention the success they bring to their respective clubs. This is sound Economics. Why do people always point to Footballers wages as major Economic problem? They are paid ridiculously high wages because their MRP is ridiculously high. Players like Gerrard and Rooney attract so many fans to watch games and buy merchandise. Not to mention the success they bring to their respective clubs. This is sound Economics.

]]> By: Tess Bevan http://www.economicshelp.org/blog/economics/wages-of-footballers/comment-page-1/#comment-4734 Tess Bevan Wed, 21 Oct 2009 14:05:30 +0000 http://www.economicshelp.org/blog/?p=1908#comment-4734 This is ridiculous - it's easy to say that 'they' should pay footballers less, because what would the government be able to do with the extra money? nothing- because it's not the government's money to spend. Parhaps this might work if the football clubs (the ones with control over the money) promised to hand over any leftover money to the government, but that is a totally unrealistic concept. Footballers earn a ridiculous amount of money, I'll admit, but a ridiculous amount of money is also made at every major football match that these over-paid footballers play in. Lessening one person's wages and not someone else's is certainly not the way to solve the economic crisis. I HAVE SPOKEN. This is ridiculous – it’s easy to say that ‘they’ should pay footballers less, because what would the government be able to do with the extra money? nothing- because it’s not the government’s money to spend. Parhaps this might work if the football clubs (the ones with control over the money) promised to hand over any leftover money to the government, but that is a totally unrealistic concept. Footballers earn a ridiculous amount of money, I’ll admit, but a ridiculous amount of money is also made at every major football match that these over-paid footballers play in. Lessening one person’s wages and not someone else’s is certainly not the way to solve the economic crisis. I HAVE SPOKEN.

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