Contract saga rumbles on
Arsenal are refusing to bow to wage demands from Alexis Sanchez and Mesut Ozil, the Daily Mail reports. Despite having £100 million in the bank, the Gunners won’t be held hostage by their star players. Alexis wants £250,000-a-week, as does Ozil, who is currently the club’s highest earner on £140,000-a-week.
The contract offers will be ‘rational’.
Those are the words of Arsenal chairman Sir Chips Keswick, who was quoted by the Mail saying: “We have continued to invest in the region of key players. Francis Coquelin, Hector Bellerin, Laurent Koscielny and Olivier Giroud have all signed new contracts, while we have taken up options to extend the contracts of Per Mertesacker and Santi Cazorla.
“Further work is required in the area of contract renewals and we will continue to invest rationally in our squad retention. As expected, increased Premier League broadcasting revenues have had a direct impact on player costs both in terms of transfer prices and player wage demands. While these are market forces that have contributed directly over time to the success of the Premier League, I would sound a note of caution in light of the very material contractual commitments to future wages that clubs are taking on.”
Dissecting Keswick’s comments
Keswick is right when he says that the Premier League’s incredible TV deal has affected the way they negotiate with both players and other clubs. Players know that clubs have more money and want a piece of the pie – even if their pie portion is more than sufficient. Then again, they are the most crucial factor in obtaining TV deals.
Why shouldn’t they ask for more?
His last comment about sounding a note of caution is an insinuation that the TV rights bubble could burst at any moment. The rising cost of TV subscriptions and packages means that more people are turning to illegal streams.
Should this trend continue then it will alter the relationship between football and TV stations dramatically. Perhaps to the point where big money (excessive) contracts (like the ones Ozil and Sanchez are demanding) become ‘costly’.