You are here: Home - News -

How long does it take Premier League players (and fans) to buy a house?

by:
  • 11/08/2017
  • 0
How long does it take Premier League players (and fans) to buy a house?
The Premier League kicks off a new season tonight with millionaire players entertaining the more modestly paid fans packed into stadiums and on TVs.

Much is made of the difference in earnings between superstar players and the general public, particularly as football revenues increase thanks to massive TV deals.

But how do those differences play out on the mortgage market? How long does it take a top player at each club to buy the typical house in that city, and how does the average fan compare?

Matchedbets took average house prices and wages from each city and compared it with average player pay taken from each club.

Unsurprisingly it takes Manchester United and Manchester City stars Paul Pogba and Sergio Aguero less than one complete match to buy the average property in Manchester.

At the other end of the player scale, it takes Jordan Ibe almost 14 games of playing time to buy a typical place in Bournemouth.

 

Burnley top the table

Where fans are concerned, those in Burnley have it best.

Residents of the Lancashire town do earn the lowest average weekly wage, but also have the lowest house prices to contend with meaning they can pay off the typical mortgage quickest.

However, this will still take 1,896,392 minutes – or more than 21,000 full games of playing time.

In contrast, Arsenal fans in North London typically earn the most of all Premier League fans at £663 per week.

And it is Chelsea fans who take the longest (7,602,098 minutes, 84,468 games) to pay off a typical mortgage as despite sharing the most valuable property tag with Arsenal fans, on average they earn more than £80 a week less than their north London rivals.

 

There are 0 Comment(s)

Comments are closed.

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Mortgage Solutions logo
The Top 10 stories on Mortgage Solutions this week – 11/08/2017

Mortgage lenders dominated our headlines this week, from TMW's six-week deal transfer period to Halifax's higher LTVs for new build...

Close