UK time is: 22:31:11
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Saints reveal massive wagebill


Saints have today revealed the huge cost of players wages, over the last four years at St Mary's.

The club have published the figures in a clear bid to be open with concerned fans; many of whom feel the board should have sanctioned more funds for transfers and are unsure of the clubs financial situation.

From June 2001 until November 2005 the club spent over 100 million on players' and coaches' wages alone.

Managing director Andrew Cowen posted the results of the report on the official site stating:

'Although we do publish the annual accounts, there have been calls for us to show where the money has gone so we have tried to break it down into an easy-to-read format. Some people might see it as a PR manoeuvre but we are just trying to make sure fans know the facts'

'The Bosman ruling has bitten and caused a reduction in the number of in-contract transfers.'

'This has a big effect on wages which is something fans don't see. They only look at the transfer fees but there are a lot of add-ons in terms of salaries, loyalty bonuses, agents' fees and the five per cent league levy on all transfer fees.'

The sum of 100 million is excluding transfer fees. Fans might be surprised to hear that during the same four year period Saints spent 5.7 million more than they received on player transfers. In total 37.35 million was spent on players, with only 27.54 million coming in - But the figures finish before the January sales of Theo Walcott, Antti Niemi and Nigel Quashie.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: Stef C Mail feedback, articles or suggestions

Date:Thursday February 9 2006

Time: 7:27PM

Your Comments

haha 100 million and you still are crap im sorry but that is burley fault if he didn't what them to go he should have played the media game with lowe so they wouldn't get sold. Also who the hell are the new sighnings apart froim rasiak the rest are unknown.!!!!!!!!!
pompeyboy
pompeyboy your a tw@t
fizzypooptour
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Articles

Poch - Villa Isn't Just Revenge (Thursday April 17 2014)

Poch - We Lacked An Edge (Sunday April 13 2014)

Stats: Southampton v Cardiff (Saturday April 12 2014)

Poch's Challenge - Maximum Points (Friday April 11 2014)

Everton Game Now Re-set (Thursday April 10 2014)

Archived Articles

List All Vital Saints Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. wilfster 15
2. Vital Saint 14
3. his4harry 3
4. saadj713 2

League Results (view all)

League Table (view table)

Team P W D L GD Pts
5. Everton 34 19 9 6 21 66
6. Spurs 34 18 6 10 0 60
7. Man Utd 33 17 6 10 18 57
8. Southampton 34 13 9 12 5 48
9. Newcastle 34 14 4 16 -14 46
10. Stoke 34 11 10 13 -10 43
11. Crystal Palace 34 12 4 18 -14 40

Breaking League News

Mulumbu Wins WBADSC Award
WBA : 17/04/2014 21:53:00
Olsson amp; Morrison Boost?
WBA : 17/04/2014 21:48:00
The Ped Report City 2-2 Sunderland
Man City : 17/04/2014 21:41:00
Poch - Villa Isn't Just Revenge
Southampton : 17/04/2014 21:33:00
Bolasie Looking For Strong Finish
Crystal Palace : 17/04/2014 21:18:00
Pulis Delighted With Everton Victory
Crystal Palace : 17/04/2014 21:10:00
Palacegate Saga Continues
Cardiff : 17/04/2014 20:54:00

Current Site Poll (view all polls)

Cardiff MotM
Suggested By:  Vital Saint
Gazzaniga 0%
Chambers 0%
Shaw 0%
Schneiderlin 0%
Fonte 20%
Lovren 0%
S Davis 20%
Cork 40%
Lambert 0%
Ramirez 0%
Lallana 20%
Sub - Gallagher 0%
Sub - Clyne 0%
Sub - Do Prado 0%