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Footballers are NOT overpaid!
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Academic Warrior
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#1
Anyone else tired of hearing people moaning about how greedy and overpaid footballers are? When in most case this couldn't be further from the truth!
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ApplyYourself
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#2
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#2
(Original post by Academic Warrior)
Anyone else tired of hearing people moaning about how greedy and overpaid footballers are? When in most case this couldn't be further from the truth!
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Anyone else tired of hearing people moaning about how greedy and overpaid footballers are? When in most case this couldn't be further from the truth!
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Footballers are definitely overpaid
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Academic Warrior
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Stylo92
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Iso
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#5
The law of supply and demand. They are not overpaid as there are very few people able to supply themselves and demand is high because its fun to watch the footie.
This is moral because it is based on voluntary exchange.
There is only an arguement for under not overpay unless you are the oe paying the wage
If someone else is paying too high of a way they bare the cost of doing so.
Someone's worth to society is very hard to quantify, boardrooms would have huge incentives to downplay their employees worth to society to lower their variable costs
Our markets need to be pragmatic not idealistic.
This is moral because it is based on voluntary exchange.
There is only an arguement for under not overpay unless you are the oe paying the wage
If someone else is paying too high of a way they bare the cost of doing so.
Someone's worth to society is very hard to quantify, boardrooms would have huge incentives to downplay their employees worth to society to lower their variable costs
Our markets need to be pragmatic not idealistic.
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ST_STACKING
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#6
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#6
They are overpaid for their importance to society but if 50 000 people are willing to pay for tickets to see them and millions of people buy tshirts with their names then they've earned it
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missfats
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Petyr24
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Academic Warrior
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#9
(Original post by Stylo92)
They blatantly are overpaid.
They blatantly are overpaid.
Also, he is one of the best footballers in the world and like any profession, those at the top are rewarded. This is just simple economics?
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User570431
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missfats
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#11
(Original post by Iso)
Your a bigot and you obviously are ignorant of the beautiful game.
Your a bigot and you obviously are ignorant of the beautiful game.
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Manitude
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#12
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#12
(Original post by Iso)
The law of supply and demand. They are not overpaid as there are very few people able to supply themselves and demand is high because its fun to watch the footie.
The law of supply and demand. They are not overpaid as there are very few people able to supply themselves and demand is high because its fun to watch the footie.
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Academic Warrior
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#13
(Original post by ST_STACKING)
They are overpaid for their importance to society but if 50 000 people are willing to pay for tickets to see them and millions of people buy tshirts with their names then they've earned it
They are overpaid for their importance to society but if 50 000 people are willing to pay for tickets to see them and millions of people buy tshirts with their names then they've earned it
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meenu89
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#14
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#14
(Original post by ApplyYourself)
Footballers are definitely overpaid
Footballers are definitely overpaid
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KJ90
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#15
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#15
(Original post by Academic Warrior)
Anyone else tired of hearing people moaning about how greedy and overpaid footballers are? When in most case this couldn't be further from the truth!
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Anyone else tired of hearing people moaning about how greedy and overpaid footballers are? When in most case this couldn't be further from the truth!
Posted from TSR Mobile
From a moral and societal view point they probably are overpaid. They do not save peoples' lives like Doctors, Firemen and women, etc. They do not protect the average man from tyranny from above like lawyers. They do not drive the economy like bankers (controversial, I know).
However, from an economic viewpoint. The reason they are paid so highly is because of supply and demand. There are very few with the talent to play for Manchester United or Real Madrid, therefore they can demand a higher wage. Plus there is a great demand for these players, therefore clubs must pay more for them.
Secondly, how can clubs afford to pay such high wages and transfer fees that the market forces them to? Simply because people want pay money into the industry. Through merchandise, ticket prices and TV watching.
The above economically justifies the wages of top footballers. The drop off, in terms of wages, between the PL and the Championship and the leagues below is huge
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Academic Warrior
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#16
(Original post by missfats)
What I can kick a ball about. So what doesn't mean I deserve to be paid. Its my opinion. Anyway
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What I can kick a ball about. So what doesn't mean I deserve to be paid. Its my opinion. Anyway
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michaelhaych
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#17
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#17
(Original post by Academic Warrior)
How? For example, Wayne Rooney is an international superstars and his wages reflect the fact that shirts with his name on the back generate 10's of millions of pounds for Manchester United, his name alone sells 100's of products everyday.
Also, he is one of the best footballers in the world and like any profession, those at the top are rewarded. This is just simple economics?
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How? For example, Wayne Rooney is an international superstars and his wages reflect the fact that shirts with his name on the back generate 10's of millions of pounds for Manchester United, his name alone sells 100's of products everyday.
Also, he is one of the best footballers in the world and like any profession, those at the top are rewarded. This is just simple economics?
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(Original post by blueray)
Their money is justified from their advert revenue, but I still think it's too much.
Their money is justified from their advert revenue, but I still think it's too much.
Shola Ameobi and Titus Bramble are multi-millionaires but would you buy a product they endorse or get their name on the back of your shirt? Titus Bramble sells nothing to anyone
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Academic Warrior
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#18
(Original post by KJ90)
From a moral and societal view point they probably are overpaid. They do not save peoples' lives like Doctors, Firemen and women, etc. They do not protect the average man from tyranny from above like lawyers. They do not drive the economy like bankers (controversial, I know).
However, from an economic viewpoint. The reason they are paid so highly is because of supply and demand. There are very few with the talent to play for Manchester United or Real Madrid, therefore they can demand a higher wage. Plus there is a great demand for these players, therefore clubs must pay more for them.
Secondly, how can clubs afford to pay such high wages and transfer fees that the market forces them to? Simply because people want pay money into the industry. Through merchandise, ticket prices and TV watching.
The above economically justifies the wages of top footballers. The drop off, in terms of wages, between the PL and the Championship and the leagues below is huge
From a moral and societal view point they probably are overpaid. They do not save peoples' lives like Doctors, Firemen and women, etc. They do not protect the average man from tyranny from above like lawyers. They do not drive the economy like bankers (controversial, I know).
However, from an economic viewpoint. The reason they are paid so highly is because of supply and demand. There are very few with the talent to play for Manchester United or Real Madrid, therefore they can demand a higher wage. Plus there is a great demand for these players, therefore clubs must pay more for them.
Secondly, how can clubs afford to pay such high wages and transfer fees that the market forces them to? Simply because people want pay money into the industry. Through merchandise, ticket prices and TV watching.
The above economically justifies the wages of top footballers. The drop off, in terms of wages, between the PL and the Championship and the leagues below is huge
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Academic Warrior
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#19
(Original post by michaelhaych)
Shola Ameobi and Titus Bramble are multi-millionaires but would you buy a product they endorse or get their name on the back of your shirt? Titus Bramble sells nothing to anyone
Shola Ameobi and Titus Bramble are multi-millionaires but would you buy a product they endorse or get their name on the back of your shirt? Titus Bramble sells nothing to anyone
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Academic Warrior
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#20
(Original post by michaelhaych)
Shola Ameobi and Titus Bramble are multi-millionaires but would you buy a product they endorse or get their name on the back of your shirt? Titus Bramble sells nothing to anyone
Shola Ameobi and Titus Bramble are multi-millionaires but would you buy a product they endorse or get their name on the back of your shirt? Titus Bramble sells nothing to anyone
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