Monday, July 11, 2011

Soccer pay

Sunday afternoon tidying up – came across a newspaper clipping about the earnings of last years England World Cup soccer squad (declared weekly club wage only) which I had set aside for analysis.

Together the 23players were earning at a rate of £99 million a year. Individual annual earnings ranged from £1.04m (Robert Green of West Ham) to £8.32m a year for John Terry of Chelsea. So the top player earns 8 times more than the lowest in this elite group. Positively egalitarian, compared with a BBC which now wishes to limit the pay of executives to a multiple of no more than 20 times the organisation's median salary earner

Interestingly the distribution looks normal-ish & the median of £4.16m is only just below the arithmetic mean of £4.3m