It’s all fine and dandy until another club come along and we lose them potentially sooner than we needed to.
Also - injuries. Injured players have a habit of taking their stints out really badly with us, because clearly they’re taking home less money, as well as being injured.
I viewed us like a disruptive start up over the last 3 years. You take a hit on the base because of belief in the project, and you get rewarded if you do well by bonuses and equity. If we’re now maturing into an established company, I’d hope we are paying our players properly. And if the rumours of Kane getting 200k a week are true, I’d be surprised if Eriksen was 100.
This whole ‘it’s fine because of bonusses’ thing doesn’t wash with me as much anymore, because I don’t believe we should be asking our players to be taking punts on believing in a project anymore. They’ve done the hard yards in getting us where we are ahead of schedule. If Aubamayeng gets 50k per goal or whatever was stated above, his base is still going to be towards the top end of whatever our new scale is- that’s my point. If Eriksen gets 100 (I believe he would get more as a base, but for arguments sake) and bonuses make it up to a proper salary - he’s comparable players will already be on good basics and their bonuses would take them way beyond him. That isn’t a situation I would want for him or us as it pertains to keeping him for as long as we could. To be on less as a base than Liverpool’s centre back? Not cool.
I also viewed our bonusses an incentivising if they were more generous relatively speaking than our closest rivals. If they are all offering good bonusses as well, the fact that we offer them isn’t really that notable.
I get long term planning, I get financial stability, and I get that if Eriksen is happy, we may as well sign him up. I’m just thinking around the future, and frankly the idea that we should now still be offering less than our rivals in terms of guaranteed money. It makes us look smaller time for no reason - which is why I don’t believe we are doing it.
Mate, I understand the idea, but truth is
- We are not City/United/Barca, if someone wants a boatload of cash for picking splinters out of their ass on the bench, we are not the club for them.
- We run a good business model, that is important for our long term sustainability and their is nothing wrong with that. Many clubs have built financial models that depend on never ending increases in tv revenue that may or may not happen over the next ten years (including huge clubs … see Barca)
So what do we offer
- London, with amazing training facilities, new stadium.
- Stability (new for us), and a fairly drama free environment with young upcoming talented players, and highly respected coach
- Consistent CL participation
- Good wages in a tiered manner, with regular contract upgrades based on merit.
Re the comments on bonuses, I disagree
- Most top end jobs in the world are heavily based on performance based incentives (from tech, to trading to CEO pay)
- Just because other clubs don't use it as much, doesn't mean it's the wrong model
Could Eriksen, Jan, Lloris, Dele, Kane, Son get more money elsewhere? absolutely and that's probably why TA is going to leave.
But his pay has to be looked at in the "total incentive compensation" model which includes base +bonus +perks (training ground, etc). We are not going to win a game of who pays more, some clubs simply have larger revenue streams, others are willing to take silly risks and disrupt morale to do it.