Premier League tax and national insurance breakdown
Much is made in the media by the salaries earned by professional footballers, particularly those playing in the English Premier League.
As well as players’ wages the transfer fees between clubs has also become a big talking point – none more so than when Manchester United forked out a world record £89.3 million to sign Paul Pogba from Juventus less than a fortnight ago.
The deal was nearly £20 million more than United had paid for Ángel Di María two summers ago which stood as the Premier League record until earlier this month.
On top of big money transfer fees the players can command astronomical wages too. According to the Independent, Pogba is believed to be earning £220,000-a-week at Manchester United.
Wayne Rooney is already reportedly on £250,000-a-week at Old Trafford and free transfer Zlatan Ibrahimović is also on the same figure as Pogba.
What this all adds up to is a huge tax bill. According to Discount Supplements online, their graphic below shows that the tax from every player from each of the 20 Premier League clubs will come to a whooping £700,000,000.
In line with the current UK government spending rates, the graphic shows the following breakdown of how Premier League footballers’ tax and national insurance would be used:
National debt: £49.7m
Foreign aid: £6.3m