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Wage increase

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DenTyler Flag Sidcup 10 Jun 24 4.47pm Send a Private Message to DenTyler Add DenTyler as a friend

Would it kill us to up the wages on our big hitters?

To offer the likes of MG, Olise, Eze, Anderson etc an increase rather than spending out on too many more signing’s. Surely it would make sense to give them nearer what they may get at other clubs (if we can) to see how well we could do with a full season with them and OG.

Of course I know we need some sensible back up but our starting 11 from the end of last season plus CD is pretty special.

Thoughts?

 

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Palace Old Geezer Flag Midhurst 10 Jun 24 5.58pm Send a Private Message to Palace Old Geezer Add Palace Old Geezer as a friend

Den, I am certain that Mr Parish and the Board are fully aware of the need to reward our team at the appropriate level according to their status, ability and contribution.

Our club is not wealthy so the remuneration of all staff needs to be carefully managed, but I agree that it would be foolhardy to risk losing key players for the sake of skimping on their pay (even if most of them are paid more in a week than I used to earn in a year!).

This issue is undoubtedly a matter of serious discussion within the hierarchy.ll

 


Dad and I watched games standing on the muddy slope of the Holmesdale Road end. He cheered and I rattled.

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Badger11 Flag Beckenham 10 Jun 24 6.08pm Send a Private Message to Badger11 Add Badger11 as a friend

To answer the OP we were paying big money for several bit hitters unfortunately as the Yanks would say swing and a miss.

So the last few years has been about reducing the overall percentage of the wage bill. I suspect the board doesn't have a problem increasing a player's wages once they have proved themselves.

Hopefully the days of signing so called big names who then fail to match their salary are over.

When I worked in the bank HR told me they kept a close eye on what other banks paid. Some they couldn't match but others they made sure to keep ahead.

I would expect that we match ourselves to the bottom half teams with the occasional exception (e.g. Wilf).

 


One more point

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doombear Flag Too far from Selhurst Park 10 Jun 24 9.27pm Send a Private Message to doombear Add doombear as a friend

We aren't going to match the kind of money that our top players could earn at one of the Big English clubs. If it's just the money that counts for a player then they will be off.

What can we offer?

A club that is looking to move up and challenge higher in the league, playing lovely attacking football that is both a joy to watch and, judging by the faces of our front three in the final part of the season, a joy to be part of, and to do that with a manager who is a winner.

My understanding is that both Olise and Eze are now on £100k per week. I doubt we will go higher than that at present but it may be appropriate to move a couple more of our stars onto on near to that figure.

I think that a number of smaller clubs like ourselves may have tried to keep their top players in the past by offering them unsustainable salaries. IMO, we really musn't go that route. Players are transitory and will move on sooner or later but the club has to remain in a healthy state for the future.

 

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Henry of Peckham Flag Eton Mess 10 Jun 24 11.58pm Send a Private Message to Henry of Peckham Add Henry of Peckham as a friend

if you read the news, Olise is signing for both Chelsea and Man United next season. Eze is going to Man Utd and Spurs. They will both work double shifts presumably to earn enough cash to put down a house deposit?

 


Denial is not just a river in Egypt

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MrRobbo Flag Chaldon 11 Jun 24 9.12am Send a Private Message to MrRobbo Add MrRobbo as a friend

Originally posted by DenTyler

Would it kill us to up the wages on our big hitters?

To offer the likes of MG, Olise, Eze, Anderson etc an increase rather than spending out on too many more signing’s. Surely it would make sense to give them nearer what they may get at other clubs (if we can) to see how well we could do with a full season with them and OG.

Of course I know we need some sensible back up but our starting 11 from the end of last season plus CD is pretty special.

Thoughts?

If only it was that easy

Upping wages would come with a new contract term, which the players may not be too keen to sign. (Zaha took payrise after payrise and got stuck here).

Our new crop are more savvy, with their release clauses etc.


 

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palace99 Flag New Mills 11 Jun 24 9.50am

Originally posted by Badger11

To answer the OP we were paying big money for several bit hitters unfortunately as the Yanks would say swing and a miss.

So the last few years has been about reducing the overall percentage of the wage bill. I suspect the board doesn't have a problem increasing a player's wages once they have proved themselves.

Hopefully the days of signing so called big names who then fail to match their salary are over.

When I worked in the bank HR told me they kept a close eye on what other banks paid. Some they couldn't match but others they made sure to keep ahead.

I would expect that we match ourselves to the bottom half teams with the occasional exception (e.g. Wilf).

i think Palace pay very well and until a year or so ago had the highest wages as a % of overall revenue/income.
It has gone down a little as Sakho and Tekkers have left and Max Meyer was released, and of course Wilf. These 4 were all on over £100k a week.

I remember Leicester (them with all the FFP issues) had an upper limit of £100k a week a couple of years after they won the league, yet we had 4 players on more than that.

However, there are not many squad players on under £50k a week and Eze and Olise both signed big new contracts less than a year ago.

I don't think wages are the issue - if a top 6 club want one of our players we won't be able to compete, regardless of the salary

 

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rob1861 Flag 11 Jun 24 7.51pm Send a Private Message to rob1861 Add rob1861 as a friend

Originally posted by palace99

i think Palace pay very well and until a year or so ago had the highest wages as a % of overall revenue/income.
It has gone down a little as Sakho and Tekkers have left and Max Meyer was released, and of course Wilf. These 4 were all on over £100k a week.

I remember Leicester (them with all the FFP issues) had an upper limit of £100k a week a couple of years after they won the league, yet we had 4 players on more than that.

However, there are not many squad players on under £50k a week and Eze and Olise both signed big new contracts less than a year ago.

I don't think wages are the issue - if a top 6 club want one of our players we won't be able to compete, regardless of the salary

Wouldn't it be a cyclical thing? i.e. If we keep players as their experience increases then wages go up, as the fly wheel of talent turns and players are sold the average wage for the squad will drop again? Until the next sale cycle.

 

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Dubai Eagle Flag 12 Jun 24 6.52am Send a Private Message to Dubai Eagle Add Dubai Eagle as a friend

UTD Salaries - One of the measures Eric Ten Hag was trying to introduce was a salary cap of no player earning more than £200,000 per week, obviously, however fiscally prudent it was not a popular move among the players

David De Gea was supposed to be on £375,000 per week & as such refused to sign a new contract -

Others: As the attachment - (Its just a quick google search so it probably dosent stand up to an awful lot of scrutiny but you get the overall picture -

 

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Dubai Eagle Flag 12 Jun 24 6.53am Send a Private Message to Dubai Eagle Add Dubai Eagle as a friend

Originally posted by Dubai Eagle

UTD Salaries - One of the measures Eric Ten Hag was trying to introduce was a salary cap of no player earning more than £200,000 per week, obviously, however fiscally prudent it was not a popular move among the players

David De Gea was supposed to be on £375,000 per week & as such refused to sign a new contract -

Others: As the attachment - (Its just a quick google search so it probably dosent stand up to an awful lot of scrutiny but you get the overall picture -

So when we talk about having several players on £100,000 per week which is a lot for us it kinda pales into the background when you consider what some of the big boys pay-

utd salaries.PNG Attachment: utd salaries.PNG (22.81Kb)

 

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silvertop Flag Portishead 12 Jun 24 9.18am Send a Private Message to silvertop Add silvertop as a friend

Olise and Eze are on £100k p/w each. If they went to Chelsea or Man Utd they would be on £300k p/w. With the added sponsorship bonanza, that means they get to trouser about £10m more a year if they went there.

It isn't a case of penny pinching. To continue to operate sustainably and within the rules, our budget might stretch to £125k p/w each (what Zaha was on). However, for the players, if it came down to them and it was all about the money, that wouldn't be enough.

 

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palace99 Flag New Mills 12 Jun 24 10.30am

Originally posted by rob1861

Wouldn't it be a cyclical thing? i.e. If we keep players as their experience increases then wages go up, as the fly wheel of talent turns and players are sold the average wage for the squad will drop again? Until the next sale cycle.

I partly agree.

Palace have more than doubled Eze and Olise's wages in the last year so i don't think there is much more the club can do.

 

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