another question

Bates makes wage demand warning


Leeds chairman Ken Bates believes that players leaving the Premiership need to be realistic in their wage demands.

Fulham captain Lee Clark, 32, had been in line for a move to Elland Road but failed to agree personal terms.

"I know of three players who have been asking for £12,000 a week. The average Championship wage this season is going to be around £3,000 to £4,000."

Leeds encountered major financial problems after their relegation from the top flight and Bates is keen to avoid any such worries in the future.

"We have also had one player, who will not even be fit for the start of the season, asking for £12,000 a week for a two-year deal and his agent wanted another £75,000," he added.

Source: BBC News 14th June 2005 (adapted)



Questions


1.What is the percentage difference between the £12,000 a week asked for and the average Championship wage?
between 300% and 200 %

2.Calculate the difference between the average Championship wage and that of a Head teacher.
Head Teacher average wage is £1,200. So the difference is 150%

3.What is the annual salary of someone on £12,000 a week?
£624,000

4.Calculate the tax payable on a salary of £12,000 a week.
£240,224 (38% from salary)

5.Calculate the hourly wage of someone on £3000 a week assuming a 24-hour day.
£18 approx.

6.Research the amount of hours a day a footballer actually ‘works’ and then re-calculate the hourly wage. Compare that to the ‘going rate’ to see privately a Consultant Surgeon at a local hospital.

number of hours - 7
hourly wage - £245
going rate is about £45, which is 18% from a footballer hourly wage.