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Posted: Sat 6:27, 02 Nov 2013
Post subject: How much should players like Zlatan Ibrahimovic be
It's said nothing is certain in life except for death and taxes.
For French football clubs it's a new punitive tax law that's worrying them to death. They fear one of Europe's top leagues, newly resurgent following significant investment from mega wealthy Qataris and Russians, could be irreparably damaged by the tax.
On Thursday, French president Francois Hollande told a delegation of professional French football club leaders he wouldn't abandon the government's plan for a 75% tax on salaries reaching more than a $1.35 million.
The clubs have been lobbying hard against the tax, arguing it endangers their future. It's estimated the tax could increase their costs by up to 30%.
And they feel so strongly over the matter that they plan to go on strike.
Read: Cash-rich Monaco present taxing problem for French football
So if you're a French football fan don't expect to be watching the likes Paris Saint-Germain striker Zlatan Ibrahimovic or Monaco forward Falcao in action between 29 November and 2 December,[url=http://www.okskor.se/air-max-33]Nike Air Max[/url].
If it goes ahead it would France's first football ",[url=http://www.okskor.se]Air Max[/url];strike" since 1972.
Ibrahimovic is one of more than 10 players at Qatari-owned PSG -- France's richest club -- whose yearly pay exceeds $1.35 million.
While the average Ligue 1 player's salary is estimated at just under $800,000, Ibrahimovic reportedly takes home $17.5 million a year.
Many players would already be taxed at France's top marginal rate of 49%, which kicks in at $675,000 a year.
Just for Ibrahimovic's hefty pay packet alone, PSG's costs would increase by nearly $12 million under the Hollande plan.
Since world-class players have their choice of what countries they play in, French teams would have to absorb the increased taxes themselves if they want to attract top talent.
Ahead of this weekend's games, PSG and Monaco are joint top of Ligue 1. But PSG could be at a further disadvantage in future given Monaco are exempt from French taxation laws and the principality club's tax expenditure would be $67.5 million less than the French champions per year.
"The high-income tax of 75%,[url=http://www.okskor.se/air-max-33]Billiga Air Max[/url], which was included in the 2013 draft budget of France,[url=http://www.okskor.se]Nike Free[/url], will have a disastrous effect on the competitiveness of French football," said the Professional Union of Football Clubs (UCPF) in a statement.
Before the start of the season some of the world's best players -- like Edinson Cavani who joined PSG from Napoli -- If the taxation impasse remains,[url=http://www.okskor.se/nike-free-38]Nike Free Run[/url], it is likely French clubs would struggle to attract the very top talent.
"French teams will be at a disadvantage with regard to English clubs who only pay 40% tax," former Monaco chief executive Tor-Kristian Karlsen told CNN.
"That will affect the standard of the league. It might also affect money coming into French football from foreign investment --- potential owners might be tempted to get more value for money elsewhere.
"Monaco and PSG have raised the popularity and exposure of French football outside France,[url=http://www.okskor.se/nike-free-38]Billiga Nike Free[/url]," added Karlsen.
"Some in France are still quite skeptical as to why and how they have got involved, but if you are supporter or if you enjoy watching French football they have brought only positive dimensions.
"As an international observer,[url=http://www.okskor.se]Nike Shox[/url], it is going to be difficult to uphold the current standard in the years to come if this tax comes in to play."
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