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Chapter 596 Internal Reform

As the players began to enter the vacation stage, the international players began to prepare for the upcoming South Africa World Cup in the summer, but Tottenham Hotspur's management failed to relax at all.

The day after the 38th round of the Premier League, the team disbanded. In the afternoon of the same day, Ye Qiu summoned some core employees of Theobord training base and gathered at the White Hart Lane Stadium to meet with a group of executives including Peter Nean, Ron Gurley, and Robert Milson, the head of the news and public relations department.

This is a meeting that Ye Qiu, Peter Neon and Ron Gurley have been planning for a long time, focusing on a major change from Tottenham Hotspur.

"Everyone knows that since 10 years, the UK has comprehensively increased the tax rate for the high-income class, from the original 40 to the current 50, which has made our team's salary structure time to adjust. On the other hand, including Manchester City, Newcastle, West Ham United, and even Liverpool, they have all launched a strong impact on us."

The impact Ye Qiu mentioned does not come from the court, but from outside the court.

It is no secret about tax rate adjustments. In fact, in the past few years, the salary in the Premier League has been increasing. In the past, the weekly salary of 100,000 pounds was the highest. But now, looking at the entire Premier League, among the top six teams, only Arsenal still sticks to the maximum salary structure of 100,000 pounds, and all other teams have broken.

England has now become the highest tax rate for the five major European leagues. In addition, factors such as the exchange rate between the pound, the US dollar and the euro have made the Premier League not only not have the advantage of attracting players in the past, but on the contrary, it has become a disadvantage.

To give the simplest example, it is like Kaka, a Brazilian superstar who went to Real Madrid, and Florentino offered him an annual after-tax salary of 12 million euros. According to the current tax rate in Spain, Kaka belongs to the Beckham Act. Real Madrid only needs to pay Kaka a salary of about 16 million euros to ensure that he gets an annual after-tax salary of 12 million euros.

But if it is in the Premier League, if you want to ensure that Kaka can get the same after-tax income of 12 million euros, the club will have to pay him a salary of up to 24 million euros, which is 8 million euros higher than Spain.

Stars like to go to La Liga, especially high-paying stars. This is actually no secret, because La Liga tax rate is the lowest, only France is 40, Italy is 43, Germany is 45, and the Premier League was 40, but in 10 years it became 50.

Some people may think that taxes are in principle charged to the players' bills, and the club is not a big problem, but those who say this obviously have never thought about a question. Will players be willing to miss such a large amount of income in vain? If the club does not make certain adjustments, will they continue to stay in the team with peace of mind?

Don't be stupid?

Why can't Arsenal keep people in Ye Qiu's previous life about 13 years?

Results are one thing, and part of the reason is that Arsenal is the only team that holds a maximum salary of 100,000 pounds. This stubbornness almost prevents Arsenal from retaining any player. This is simply unimaginable for the Premier League, where the weekly salary had exceeded 200,000 pounds anytime and anywhere.

Faced with such an impact, Tottenham Hotspur has been prepared and has been changing all the time, including using various means to ensure the player's income, making salary income a part of the player's income, but in other aspects to ensure the player's high income.

Reasonable tax avoidance and business operations are the two most powerful means of Tottenham Hotspur. The former uses reasonable avoidance methods to ensure players' income by reducing tax payments, while the latter is a powerful measure for Tottenham Hotspur to retain players.

Just like Messi and Ribery, the salary income of Messi and Ribery cannot be in the top ten in the European football rankings. Because if you want to enter the top ten in the current rankings, your annual salary must be at least 9 million euros, while the annual salary of these two players is around 8 million euros, so you cannot be on the list at all.

At first glance, it seems that the players' salaries are very bad. After all, including Etoo of West Ham United, Adebayo of Manchester City, Rooney of Manchester United, Ibrahimovic of Inter Milan, etc., all of them exceed 9 million euros, or even more than 10 million euros. But as the two leading ace superstars in the world, their salary is so low?

This is also one of the reasons why the media has been rumoring that the two ace stars will leave the team. There are often newspapers that fabricate rumors that players are dissatisfied with their salaries, but those who really understand the inside story will not think so, because those reporters who are familiar with Tottenham Hotspur know that for the two superstars, salary is not the big part of their income at all.

In the past season, Tottenham Hotspur's income in various advertising contracts, commercial cooperation and other aspects for Messi was as high as 25 million euros, which was more than three times his annual salary. Ribery's business income also reached 22.5 million euros, which is nearly three times his annual salary.

Moreover, their business income has great advantages in paying taxes because they have registered their own company, which can ensure that most of the income is actually put into their hands. Even if they are half of the 50% to the club, Messi's total income still exceeds that of Cristiano Ronaldo, which Real Madrid is focusing on promoting.

The total revenue of players in a single season exceeds 30 million euros, which was almost an impossible figure in the past. However, in UR year, Tottenham Hotspur helped Beckham reach 32.4 million euros through effective cooperative promotion, setting a record for players' annual income. Now, this record has been broken by Messi, and Ribery has also entered the ranks of annual income of more than 30 million euros. Of course, this calculation includes the part of the income that is partly made by the club.

Tottenham Hotspur has three players reaching this number, while Real Madrid has only one Cristiano and Ronaldo, and there is not even one other team. This is Tottenham Hotspur's advantage.

To put it bluntly, the business income, the players benefit, and the team also increase their income, which is a win-win situation. More importantly, through the development and operation of this aspect, players can appropriately compress their salary and reduce the team's operating pressure. This is why Tottenham Hotspur's salary ranks outside the top three in the Premier League.

Now, with the implementation of new Premier League tax rates, Tottenham's internal reforms have also been put on the agenda, especially when the team gained a lot of experience from Ribery, Messi and Beckham, and also tasted the sweetness.

"Next, we will further expand the two major departments of the Business Department and the News and Public Relations Department. In our reform plan, players' salary income will be directly linked to players' playing time, team results, and players' contribution, rather than the fixed model in the past."

As the club's CEO, Peter Nion introduced the management's plans to everyone present.

Further deepening commercial operations is a necessary means to adjust the team's financial pressure. Without money, you will not be able to do anything, but Ye Qiu must also be wary of one thing, that is, to avoid turning Tottenham into a commercial machine, while ignoring the field of competitive, that is, to embark on the mistakes of the Galaxy Warship era.

From the previous fixed annual salary to the current floating system, it is a combination of business and competition. Tottenham Hotspur has organized many professional accounting personnel to calculate and consider, hoping to come up with a set of the most reasonable and effective salary structure plan. At the same time, it is also learning from the salary structure model of some large companies and other clubs.

Not only the players’ salaries need to be reformed, but also the employees’ salaries need to be reformed.

As early as last season, Tottenham Hotspur had held a meeting to solicit opinions from all players and employees on this aspect. Therefore, all those attending the meeting were mentally prepared for these issues. Moreover, the plans formulated by Ye Qiu and the management basically ensure that as long as players and employees remain motivated, their salaries will basically increase, but the range will be evaluated based on your daily work ability, performance and status.

The salary increase plan is often easy to pass, while Ye Qiu hopes to mobilize the enthusiasm of players and employees through this floating salary structure and ensure the team's enthusiasm in the fields of business and athletics.

If the team can win the Champions League every year and earn first every year, then you won’t be afraid of giving everyone a high salary, right?

At this meeting, Ron Gurley also summarized and reported on some of the team's situation last season, including revenue. Because the team stopped in the semi-finals in the Champions League, their income in the Champions League was much less than last season, but their income in the Premier League has increased significantly.

"We received a league prize of £61.7 million in the Premier League last season, and the biggest revenue comes from TV broadcast fees. In addition to the basic broadcast share of £14.6 million and the overseas copyright fee of £10.1 million, plus the sponsorship and license agreement fee of £2 million, we also share £19 million in live broadcast sessions."

The broadcast share of the Premier League is very complicated, including basic fixed share, overseas copyright and some fees. These are all the same for the twenty Premier League teams, but there is also a part of the share of the number of broadcasts. One live broadcast is 500,000 pounds, and teams including Tottenham, Chelsea and Manchester United are basically live broadcasts.

Another part is the final ranking bonus of the league, one ranking is 800,000 pounds. Tottenham Hotspur won the league championship and can get a total of 16 million pounds of bonus income.

Tottenham Hotspur is now a new force that cannot be ignored in the Premier League and European football world. Many media and fans have even classified Tottenham Hotspur into the ranks of giants, but Ye Qiu himself knows that Tottenham Hotspur has not yet established an effective and reasonable and lasting operating mechanism.

Moreover, the competition in the Premier League will become increasingly fierce in the next few years, especially as more and more capital tycoons pour into the Premier League, it will bring greater competitive pressure to Tottenham Hotspur, and all this requires Tottenham Hotspur to continue to develop.

At this meeting, Ye Qiu also arranged some things for the team next season, and the focus was on the team lineup. He hoped to recall Danish young players Eriksson, Neymar, Coutinho and Lucas Mora who were on loan all returned to London and let them participate in the Premier League and Cup matches next season.

Ye Qiu hopes that the team will prepare from now on, because three Brazilian players, Neymar, Coutinho and Lucas O Mora, all need to apply for labor certificates.

Because Manchester United and other Premier League teams missed many future superstars, including Kaka, the Premier League teams made a tough call for the FA and finally passed special genius clauses. After that, the labor certificate also began to appropriately relax restrictions on some young rookies with high popularity, especially some talented rookies from football powerhouses.

So Ye Qiu feels that for young players, Neymar and Coutinho, who are both very eye-catching in the Brazilian domestic league and the Brazilian national youth team, the problem of getting a labor certificate is not very big. After all, Tottenham's public relations ability is no longer the same as before.

But Lucas or Mora is more difficult to deal with, especially considering that he has not made a debut in the Brazilian national team and youth team, it is the most difficult for him to get a labor certificate. Ye Qiu and Tottenham Hotspur’s coaching staff have also been fully prepared. If he really can’t get a labor certificate, it is to send him to Ajax for a while.

With the new season, players such as Pogba, Eriksen, Nastasic, Varane, Neymar, Coutinho and others join the first team, plus players such as Phil Jones, Kyle Walker, Ramsey, Hazard, etc. who were originally in the first team, the Tottenham Hotspurs will have ten players born in the 1990s in the new season, and Tottenham Hotspur's first team also has 26 players, which will become the youngest team in the Premier League.

After assigning relevant tasks for each department of the team, some heads of Tottenham Hotspur departments also gave some ideas and opinions on the plan for the next season. Many of them were directly discussed and approved at the meeting, while some were to make choices in the new season based on actual conditions.

The internal management meeting after Tottenham Hotspur season ended for more than four hours and ended in the evening. After the meeting, Ye Qiu invited all the employees and coaches attending the meeting to go south to London for a dinner and did not disband until the evening.

The next day, Tottenham Hotspur officially entered a leave, in addition to employees of the administrative department of White Hart Lane Stadium.

Like in previous years, Ye Qiu will still spend the summer vacation with his family, and this time they will return to China and go to Shanghai and Xiamen. However, Huang Chu's vacation will have to wait until June, and Xiao Huangrong's kindergarten has not yet been on holiday, so Ye Qiu took time out to the United States alone after the team's holiday.

But in Europe, although all media are warming up for the upcoming World Cup on the surface, secretly, the Premier League tycoons have begun to prepare for the signings for the next season, including some of them that stretched their hands to Tottenham Hotspur.
Chapter completed!
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