Mohamed Salah, Erling Haaland Face Major Losses Amid Premier League Earnings Report
Recent reports reveal significant tax contributions made by top Premier League players, highlighting the earnings of stars like Mohamed Salah and Erling Haaland.
Tax Contributions of Premier League’s Finest
Erling Haaland has emerged as the highest taxpayer in the Premier League, contributing nearly £17 million over the past year. His impressive income primarily stems from a basic salary of £500,000 per week, along with an estimated £10 million from image rights and bonuses. This financial success accompanies his long-term contract with Manchester City, which extends through 2034.
In comparison, Mohamed Salah also made substantial tax payments, totaling £14.5 million in the same timeframe. The Liverpool forward earns a basic weekly salary of £400,000, plus at least £10 million annually from bonuses and image rights. Despite his impressive earnings, Salah faced challenges during the season, including being temporarily sidelined from the squad following reported tensions with his coach.
Key Players and Tax Figures
- Erling Haaland: £17 million
- Mohamed Salah: £14.5 million
- Casemiro (Manchester United): £10.9 million
- Raheem Sterling: £9.8 million
- Virgil van Dijk (Liverpool): £9.7 million
- Bruno Fernandes (Manchester United): £9 million
- Bernardo Silva (Manchester City): £9 million
The current tax environment in the UK subjects athletes with salaries exceeding £125,000 to a 45% tax rate, a stark contrast to the no-income-tax policy in Saudi Arabia. This stark difference may influence potential player transfers, especially with persistent rumors linking Salah to a move to the Saudi Pro League.
Wider Impact and Financial Insights
Besides individual players, the tax contributions of bookmakers like Betfred also stand out. They contributed £400 million to UK public finances, which is equivalent to almost £1.1 million daily.
A Treasury spokesperson remarked, “The UK remains an attractive place to live, invest, and conduct business, underpinned by a progressive tax system.” The emphasis on a competitive tax environment highlights the finer details of player earnings and how they impact broader financial discussions.
As the Premier League continues to advance with broadcasting deals and player contracts, the earnings and associated tax obligations of its top stars remain a focal point of interest.
