rcarter1
23-06-2012, 07:39 AM
Given all the hoo-ha about the financial plight of football I wonder if there are ways for Hibs to operate a wage structure that would safeguard the club while at the same time rewarding players for good performances.
The idea would be based on paying wages linked directly to turnover.
For example, players wages could be fixed to be 40% of turnover.
A new player would be offered a basic guaranteed salary based on a turnover of say 4 million.
40% of 4million is 1.6 million, so for a squad of 24, that would mean an average basic wage of
£66,667 annual salary (1282/week).
After this players would receive quarterly bonuses, based on turnover. If after the year, actual turnover was 6 million, the excess 2 million (at 40%) would be distributed to player wages. This amounts to 800,000 divided amongst the squad. (average over 24 players = £33,333 or 641/week)
Players would be given a proportion of this based on how much their basic wage is (i.e. a player on 2000 basic gets twice as much as one on 1000 basic).
If Hibs had a great season, the players actually put the effort in, went on a few cup runs, and stayed competitive and exciting, one could imagine turnover could be as high as 8+ million by the end.
This would in effect double each players salary - the reward for bring the supporters into the stadium.
If the players under perform, lose the belief of the fans (i.e. last season - cup run), they will directly feel it in the pocket.
Regardless of how the season went however, Hibs would be able to guarantee that player wages were not harming the clubs ability to operate. I have no idea if this kind of contract offer to players would be legal, but I can't see a reason why. From the players point of view, they could look at Hibs turnover over the last few seasons to get an impression of what their 'bonus' salary is likely to be, while having an element of security in the form of their basic.
This could be particularly motivating for the younger players just coming through, and if a season starts well, could help reinforce the need to keep up the good work (How many post Christmas collapses have we seen from Hibs after otherwise strong starts?).
The idea would be based on paying wages linked directly to turnover.
For example, players wages could be fixed to be 40% of turnover.
A new player would be offered a basic guaranteed salary based on a turnover of say 4 million.
40% of 4million is 1.6 million, so for a squad of 24, that would mean an average basic wage of
£66,667 annual salary (1282/week).
After this players would receive quarterly bonuses, based on turnover. If after the year, actual turnover was 6 million, the excess 2 million (at 40%) would be distributed to player wages. This amounts to 800,000 divided amongst the squad. (average over 24 players = £33,333 or 641/week)
Players would be given a proportion of this based on how much their basic wage is (i.e. a player on 2000 basic gets twice as much as one on 1000 basic).
If Hibs had a great season, the players actually put the effort in, went on a few cup runs, and stayed competitive and exciting, one could imagine turnover could be as high as 8+ million by the end.
This would in effect double each players salary - the reward for bring the supporters into the stadium.
If the players under perform, lose the belief of the fans (i.e. last season - cup run), they will directly feel it in the pocket.
Regardless of how the season went however, Hibs would be able to guarantee that player wages were not harming the clubs ability to operate. I have no idea if this kind of contract offer to players would be legal, but I can't see a reason why. From the players point of view, they could look at Hibs turnover over the last few seasons to get an impression of what their 'bonus' salary is likely to be, while having an element of security in the form of their basic.
This could be particularly motivating for the younger players just coming through, and if a season starts well, could help reinforce the need to keep up the good work (How many post Christmas collapses have we seen from Hibs after otherwise strong starts?).