Football in financial awareness shocker!
Liverpool midfielder Xabi Alonso has revealed that footballers are feeling the pinch of recession and said it was up to Britain’s political leaders to address the problem of his dwindling salary.
“Of course we footballers think about it; we are not stupid, we keep an eye on it. When you see your contract down by 30 per cent you cannot be happy. I cannot do anything – it must be Gordon Brown or David Cameron,” he said, reading a pink newspaper and puffing on a pipe.
Readjusting his monocle, he added: “I think the weakness of the sterling is not helping the Premiership because for those competing and fighting against the European teams it is a big weak point.”
If you are wondering what Alonso’s beef (or judging by those quotes, veal) is, the weak pound has seen his income drop in comparison to his compatriots still playing at home (yes, we know they are mostly at Liverpool but there are still some in Spain).
Alonso signed a five-year contract with Liverpool in 2007 worth £65,000 a week. At the time that worked out at €96,200 per week but as the pound has fallen so have Alonso’s wages, down to a paltry €76,700 a week.
When the 50p tax rate for Britain’s highest earners comes into effect next April, his wages will drop to €69,000 a week. That is €27,200 a week less than he was earning in 2007. So the Spaniard will be a considerable lottery win down every year.
How is he supposed to live on that?