Vital Football

Latest Southampton FC News

Saints reveal massive wagebill

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.

Writer:Stef C
Date:Thursday February 9 2006
Time: 7:27PM

Comments

0
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
11/02/2006 12:36:00
0
pompeyboy your a tw@t
fizzypooptour
21/02/2006 13:42:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital Boxing - Selby Wants Frampton Next

Recent Southampton Articles

Vital View - Premier League, 14th-15th Jan 2017

Chelsea returned to winning ways to open up a seven point lead at the top of the Premier League with Tottenham up to 2nd. Swansea are bottom, below Sunderland and Hull - who did win.

Stats: Burnley v Southampton

All the stats from Burnley (1) vs (0) Southampton, Turf Moor, 14/1/17 Att: 20,254

Burnley v Southampton - Team Sheets

Burnley are at Turf Moor with Southampton the visitors today, this is a 3pm kick-off - the line-ups have been confirmed.

Saints With A Mixed Bag Of Injuries

Our weekly update looking at the injury table for Southampton FC and also comparing with all our competitors in the Premier League.

Archived Vital Saints Articles

Vital Saints articles from

Site Journalists

SFC Forever
no email
Profile
Vital Saint
Editor email
Profile
Matt Gardner
no email
Profile

Current Poll (see more polls)

Burnley MotM
Suggested By: Site Staff
Forster0%
Soares0%
Yoshida0%
van Dijk0%
Bertrand0%
Hojbjerg0%
Romeu0%
Ward-Prowse0%
Redmond50%
Long0%
Tadic0%
Sub - Rodriguez0%
Sub - Sims50%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Chelsea 21 17 1 3 52 30
2 Spurs 21 13 6 2 45 29
3 Liverpool 21 13 6 2 45 25
4 Arsenal 21 13 5 3 44 26
5 Man City 21 13 3 5 42 15
6 Man Utd 21 11 7 3 40 12
7 Everton 21 9 6 6 33 9
8 WBA 21 8 5 8 29 0
9 Stoke 21 7 6 8 27 -6
10 Burnley 21 8 2 11 26 -8
11 AFC Bournemouth 21 7 4 10 25 -7
12 West Ham 21 7 4 10 25 -9
13 Southampton 21 6 6 9 24 -7
14 Watford 21 6 5 10 23 -13
15 Leicester City 21 5 6 10 21 -10
16 Middlesbrough 21 4 8 9 20 -5
17 Crystal Palace 21 4 4 13 16 -10
18 Hull City 21 4 4 13 16 -25
19 Sunderland 21 4 3 14 15 -20
20 Swansea 21 4 3 14 15 -26
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Southampton Results (view all)

Southampton Fixtures (view all)

Jan 17 2017 7:45PM : Norwich City (H)
FA Cup
Jan 22 2017 12:00PM : Leicester City (H)
Barclays Premier League
Jan 25 2017 8:00PM : Liverpool (a)
Capital One Cup
Jan 31 2017 7:45PM : Swansea City (a)
Barclays Premier League
Feb 4 2017 3:00PM : West Ham United (H)
Barclays Premier League
Feb 11 2017 3:00PM : Sunderland (a)
Barclays Premier League
Write for Vital Football