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re: League Rankings

Posted on 4/29/13 at 6:07 pm to
Posted by wm72
Brooklyn
Member since Mar 2010
7804 posts
Posted on 4/29/13 at 6:07 pm to
quote:

It doesn't help that 3/4 of their money earned after the first million goes back to the French government. At least for the players. I'm not sure about the rules for businesses.


I really haven't kept up with the recent developments on this but the 75% on income after the first €1m is personal income and not exactly tied to any specific business tax.

I believe the clubs right now are simply paying the difference insofar as players are negotiating higher pre-tax salaries higher than they could get elsewhere.

However, it's a good point that it could seriously inhibit the bigger clubs, and especially super clubs, who actually have a lot of players with high enough salaries to matter.

Also, if FFP really does anything like it proposes, the tax raises "costs" whether clubs like PSG cover it or not. That extra 20-30% on salaries after a million Euros in comparison to Italy, Germany, Spain and England will certainly add up at the biggest clubs.

What ever happened to that "20x" salary cap (where a company's salaries are capped at 20x the amount of their lowest paid employee)? Did that only happen for state run agencies?

If that ever passed, it could prove even trickier for Ibra and friends to deal with.

However, what's more likely is that football and film will be the main rallying points that cause the French to install a lot of loopholes and exceptions in the tax in the future.

Posted by cwil177
Baton Rouge
Member since Jun 2011
28627 posts
Posted on 4/29/13 at 7:31 pm to
quote:

However, what's more likely is that football and film will be the main rallying points that cause the French to install a lot of loopholes and exceptions in the tax in the future.

And wine. And baguettes. And white flags.
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