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Why are football players paid so much?
Go back Shop. Play Why do footballers get paid so much? The longest trip of the season awaits Chelsea on Saturday, and our preview of Newcastle away continues with the key facts and figures We use analytics cookies so we can keep track of the number of visitors to various parts of Tue site and understand how The fa. premier league футбольные анонсы великобритании website is used.
It decides how much everything costs: a cup of coffee, a house and even your salary. In this case, supply is the number of players talented enough to play in the top leagues such as the Premier League.
Demand is the number of teams who want to buy the players. While there are plenty of football players, talents such as Messi are in short supply. In fact, only of the 1. Successful teams make more money from broadcasting rights, merchandise and ticket sales. Clubs have to compete for the best players by offering the highest wages.
If a particular club was to offer lower wages, other clubs would simply outbid them. Demand for such players is also lower as they bring in less revenue for the club. Players are being paid increasingly high wages because the clubs are making more money than ever.
As a result of globalisation and technological advances such as the pay TV market, football has become more popular and so more profitable. If people lost interest in football, clubs would not be able to make such high profits. The demand for players would drop and so would their wages. Supply and demand affect all of our salaries. They can hire people without offering high wages.
A job will also be low-paid if the role does not earn much money for the firm, making a higher wage unprofitable. For other jobs, finding suitable people is hard. Employers have to compete for the best workers. As with professional footballers, they are willing to pay a lot if the job allows the company to make more money.
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Why are football players paid so much? The short answer is: supply and demand. Football players are more valuable than ever. There is a method to this madness: the economic theory of supply and demand. What is supply and demand? But why is Messi so well paid? Play Why do footballers get paid so much? How does this apply to the rest of the economy? Find out more What is money? How have prices changed over time? You may also be interested in…. Back to top. Page Url.
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