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?).
Results 1 to 7 of 7
Thread: New wage structure?
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23-06-2012 07:39 AM #1
New wage structure?
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23-06-2012 08:35 AM #2
Brilliant stuff mate
Mind you ,our post xmas slump has turned in to a pre season slump .
ggtth
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23-06-2012 09:42 AM #3
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- Oct 2010
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Smart thinking but no chance of it happening.
Why would I put myself on a variable salary with a slow starting wage as a footballer? The football world simply doesn't work that way?
And who wants to go to the bank to secure a mortgage based on their employers turnover?
Turnover doesn't really mean much, the owners could rack up 10 million debt on top and next season there is no club.
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23-06-2012 09:54 AM #4
Good idea though it may cause a bit of aggro and resentment amongst the players if a few aren't good enough which in turn causes dropped points which causes less wages etc.
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23-06-2012 10:05 AM #5
Pretty sure that the players will already have bonuses based on final league placing and how far we get in the cups. Hopefully set at nil for being in the bottom six and not making at least the quarter finals in either cup.
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23-06-2012 11:33 AM #6
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- Jun 2011
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This would be a good idea if Scottish Football went down the same root as Germany wage cap system, rather than competing in a league that sees teams paying over and above the basic salary mentioned.
I would like to hear the views of the other clubs on a wage cap system, as Celtic could potentialy dominanate and stifle the Scottish game, if allowed to pay over and above for a better qualitty of player.
One thing a wage cap structure would do is create an even competition, which could only be good for the whole game.
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23-06-2012 04:28 PM #7This quote is hidden because you are ignoring this member. Show Quote
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