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Old 27-09-2009, 12:23   #4
MikeA
Senior Member+
 

Re: BBC Stanley blog

Quote:
Originally Posted by Minister Onymfo View Post
If the squad was only 30 players (incl. youth team) even on something like a minimum wage say £6 an hour for a 40 hour week then

£6 x 40hours = £240 a week (we all know you can't pay decent professional footballers this, however)

£240 x 52 weeks = £12,480 a year per player

£12,480 x 30 players = £374,400 squad wage bill per year.
An interesting exercise and similar to one many of us will have done over the last few weeks. There's an important omission, however, that's often overlooked. Don't forget HMRC. Based on just these figures, there would be an additional £26,000 to pay in employer's National Insurance Contributions on top of the £374K.
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