I was reading an update on the European transfer market this morning and the amount of money being mentioned as weekly pay for those players started me thinking. I read some players are paid £175,000, £150,000, £130,000 etc weekly and when I converted it to naira, it ran into millions. And I said to myself, "these players and their generations to come can never know poverty. On a second thought remembering what taxation in Europe is said to be like, I want to ask; is the amount tax inclusive? If so how much is the tax percentage? Are there other deductions? what is the actual amount a player earning say, £150,000 a week go home with? Can anybody in the house satisfy my curiosity.

Thanks as I await your response.

yes tax inclusive, people earning over certian amount a year in UK for example pay upto 50 percent tax (but then again some of those people are wealthy enough to employ a tax consultant who can reduce their income tax bills to as little as 10%)

They also pay for insurance, private services, Agency fees, mortgage/rents, bettings

but still enough to secure them for life especially the african players if they invest wisely

Dis Guy: yes tax inclusive, people earning over certian amount a year in UK for example pay upto 50 percent tax (but then again some of those people are wealthy enough to employ a tax consultant who can reduce their income tax bills to as little as 10%)

They also pay for insurance, private services, Agency fees, mortgage/rents, bettings

but still enough to secure them for life especially the african players if they invest wisely

Thanks for the general idea, I can do the math now.

meerkat: I was reading an update on the European transfer market this morning and the amount of money being mentioned as weekly pay for those players started me thinking. I read some players are paid £175,000, £150,000, £130,000 etc weekly and when I converted it to naira, it ran into millions. And I said to myself, "these players and their generations to come can never know poverty. On a second thought remembering what taxation in Europe is said to be like, I want to ask; is the amount tax inclusive? If so how much is the tax percentage? Are there other deductions? what is the actual amount a player earning say, £150,000 a week go home with? Can anybody in the house satisfy my curiosity.

Thanks as I await your response.

A footballer making 150K would probably be taking 75K home a week after all deductions (tax and NI).

The fact that they live and are expected to live very expensive lives does mean that logic of their generations not wanting is shaky.

Meanwhile,there are some who earn as little as $1,000 a month in countries like poland,denmark,serbia etc.the big money is in western europe,