The players in the game of football insolvency
By Mark Hovell
Not many people shed a tear for the players when a club goes into administration. But the realities are that the creditors lose out and the players involved in the majority of cases are at the lower-level clubs. Out of the 60 club insolvencies Mills & Reeve has been involved in, only one was in the Premier League.
Footballers’ salaries differ wildly. The Professional Footballers’ Association (PFA) published a league table in The Mail on Sunday recently stating average weekly earnings for players were as follows: £22,353 in the Premier League; £4,059 in the Championship; £1,140 in League One; and £747 in League Two.
Clearly there is a huge variance, and you should note that an average career for a player lasts just eight years…
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