UK time is: 04:42:38
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 Southampton Articles

Pelle - Praise To The Whole Team (Saturday December 20 2014)

Unbelievable Spirit Delights Koeman (Saturday December 20 2014)

Stats: Southampton v Everton (Saturday December 20 2014)

Southampton v Everton: Team Line Ups (Saturday December 20 2014)

Reed Set For Starting Debut? (Friday December 19 2014)

Targett Signs Contract Extension (Friday December 19 2014)

Wesley Sneijder Rumours Grow (Thursday December 18 2014)

Koeman Not Happy With Clough Behaviour (Wednesday December 17 2014)

Archived Southampton 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. Vital Saint 36
2. Rex Vulgaris 20
3. WillT 9

League Results (view all)

League Table (view table)

Team P W D L GD Pts
2. Man City 17 12 3 2 22 39
3. Man Utd 17 9 5 3 12 32
4. West Ham 17 9 4 4 10 31
5. Southampton 17 9 2 6 15 29
6. Spurs 17 8 3 6 -1 27
7. Arsenal 16 7 5 4 9 26
8. Swansea 17 7 4 6 3 25

Breaking League News

Harry Hails Hatrick Hero
Q.P.R. : 20/12/2014 23:12:00
Swansea : 20/12/2014 21:40:00
Bruce: We're Missing Our Big Players
Swansea : 20/12/2014 21:29:00
Wholesale Team Changes Pay Off For Monk
Swansea : 20/12/2014 21:23:00
Awesome Austin Blitzes Baggies
Q.P.R. : 20/12/2014 21:03:00

Current Site Poll (view all polls)

Everton MotM
Suggested By:  Vital Saint
Forster 0%
Clyne 0%
Fonte 0%
Yoshida 0%
Bertrand 0%
Alderweireld 0%
Reed 0%
S Davis 0%
Ward-Prowse 100%
Long 0%
Pelle 0%
Sub - Targett 0%
Sub - Gape 0%