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French Footballers Strike Over 75% Tax


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HOLA441

BBC 25.10.13

'French clubs to strike over 'super tax' row - union

French clubs will go on strike in November in protest at plans to impose higher taxes on players' wages.

The government wants a 75% 'super tax' on those earning an annual salary of more than 1m euros (£850,000) .

Under the proposal, companies, rather than individuals, would be liable to pay the 75% tax rate for the part of employees' annual salaries that exceed 1million euros.

Paris St-Germain, who are backed by Qatar investors, will be the hardest hit by the tax.

Monaco, who are funded by Russian billionaire Dmitry Rybolovlev, will be exempt as they do not fall under French tax laws.

The concern among clubs is that the 'super tax' will deter footballers from playing for sides in France.

The issue will be debated in parliament, and French president Francois Hollande will meet representatives of the French clubs next week to discuss the issue.

Initial plans were for individuals earning more than 1million euros to pay the 75% rate, but the government changed the proposals after protests by top French executives and actors such as Gerard Depardieu.

Ligue 1 clubs registered a loss of 108 million euros (£92m) at the end of the 2011-12 season with the accumulated loss over the last three seasons amounting to 303m euros (£259m).

Louvel added: "There is already a deficit in our sector and now they impose a new tax. Football has a role in society and that will be affected as a consequence of these new measures.

"This unprecedented day is an opportunity for the silent majority of French football to express their opposition.'

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Good, let them strike. I stopped watching any football 4 years ago due to the sickening feeling I used to get when thinking about their wages. Now I have no interest in football and no idea was is going on in the football world. Although, every time I hear a conversation about football, it still seems to be the same old rubbish!

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Engineers, inventors, scientists, innovators etc productive jobs should incur a 0% rate.

nope

if you earn above average wage you will be taxed in total about 50% to 70% and it is nothing you can do about if you do not work cash in hand

however if you are footballer required to be taxed about 80% -> you will just go somewhere else

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Louvel added: "There is already a deficit in our sector and now they impose a new tax. Football has a role in society and that will be affected as a consequence of these new measures.

If you can't afford the wages stop paying them so much

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HOLA4414

Almost zilch support for the footballer's "plight" here in France.

A recent poll showed >80% of the French thought their footballers were overpaid and detached from normal society. Given their debts, you'd think the clubs would have reduced salaries themselves, so that few if any footballers were earning funny money? But no, Planet Football is an altogether different beast. Debts are written off. Banks take the hit. But then lend them more. Money sloshing around in a bed chamber pot is how my neighbour described it all.

As for this "if we are taxed, we'll go elsewhere" nonsense. Similar theats by the bankers in 2005/6/7/8/9/11 - Some will go...the vast majority will stay as they won't be able to command the high salary elsewhere. And if they really do leave...what a bonus for the smaller ,well run clubs to challenge the big , debt ridden clubs. Might have an almost level playing field ? What's not to like ?

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It was more entertaining when it was just a game and before it had "a role in society".

They are paid far too much. They're like bankers - being close to the money funnel.

Its 'role in society' along with celebrities and xfactor being of course to distract the masses and avoid revolution. Hence the high pay.

Edited by aSecureTenant
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Almost zilch support for the footballer's "plight" here in France.

A recent poll showed >80% of the French thought their footballers were overpaid and detached from normal society. Given their debts, you'd think the clubs would have reduced salaries themselves, so that few if any footballers were earning funny money? But no, Planet Football is an altogether different beast. Debts are written off. Banks take the hit. But then lend them more. Money sloshing around in a bed chamber pot is how my neighbour described it all.

As for this "if we are taxed, we'll go elsewhere" nonsense. Similar theats by the bankers in 2005/6/7/8/9/11 - Some will go...the vast majority will stay as they won't be able to command the high salary elsewhere. And if they really do leave...what a bonus for the smaller ,well run clubs to challenge the big , debt ridden clubs. Might have an almost level playing field ? What's not to like ?

Two different issues, how much they are paid and how much they are taxed.

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nope

if you earn above average wage you will be taxed in total about 50% to 70% and it is nothing you can do about if you do not work cash in hand

however if you are footballer required to be taxed about 80% -> you will just go somewhere else

Professional Football is just an entertainment which is overpriced and we all have to pay for whether we want to or not, hope they tax them the same in the UK and they all go somewhere else as you say, they are not a necessity. Doctors , nurses power station workers to name a few are a necessity.

Lets get real.

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Professional Football is just an entertainment which is overpriced and we all have to pay for whether we want to or not, hope they tax them the same in the UK and they all go somewhere else as you say, they are not a necessity. Doctors , nurses power station workers to name a few are a necessity.

Lets get real.

I don't think a French footballers strike will affect me in any way at a all. :blink:

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only an idiot would be paying 75% income tax. they will go or make other arrangements ...

on the other side in UK if you are super rich (earning above £42k pa) you are going to be taxed 40% income tax, plus 20% VAT, plus NIC and council tax, plus fuel and alcohol duties; so the state will take away from your children about 70% of your legally earned income. well done ..

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only an idiot would be paying 75% income tax. they will go or make other arrangements ...

on the other side in UK if you are super rich (earning above £42k pa) you are going to be taxed 40% income tax, plus 20% VAT, plus NIC and council tax, plus fuel and alcohol duties; so the state will take away from your children about 70% of your legally earned income. well done ..

Surely they will have no trouble attracting people from the French version of 'workfare' who are willing to play for their weekly benefit

I am pretty sure even in the supposedly indigent UK there would be no trouble getting 22 dole bludgers to kick a ball about for 90 minutes at Old Trafford or Stamford Bridge

BTW in the UK everyone pays 20% VAT on most goods and services not just the rich but perhaps you had not noticed.

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BTW in the UK everyone pays 20% VAT on most goods and services not just the rich but perhaps you had not noticed.

but it depends on your income:

- provided for free via benefits

- taxed 0%

- taxed 20%

or

- taxed 40%

I am OK to contribute to the society with 1/3 of my money but not with 2/3 of my money

so do not be surprised if I go contracting and cash in hand in next few years. so you can built your socialistic Paradise without my money. perhaps the state should not be greedy as such

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