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Budgets in the French League

July 29, 2008

Money, money, money, must be funny, in a Russian world. This is the reality at the moment in the European transfer market. But when you check the numbers published by the French magazine basketnews last week about the budgets of French teams, it what is possible for these teams is coming back to earth.

So here are the official numbers in millions of euros, as they have been published by the French League.

1. Le Mans 5.63
2. Nancy 4.98
3. ASVEL 4.97
4. JDA Dijon 4.67
5. Orléans 4.35
6. Chorale de Roanne 4.32
7. Pau-Orthez 4.25
8. Cholet 4.01
9. Chalon-sur-Saone 3.94
10.Gravelines 3.7
11. Strasbourg 3.6
12. Hyères-Toulon 2.72
13. Vichy 2.67
14. Le Havre 2.51
15. Besançon 2.4
16. Rouen 2.28

What is important to note is that these numbers represent total budgets: This means that these numbers include everything from player salaries, taxes, debts, official salaries, transfers to travel costs and so on….

A forum member of French basketinforum posted a nice table which also shows the relationship between total budget and player salaries for every team. Here you can see that in general, only one-third of the total budget is used for the players, with the rest covering other costs. For example, Euroleague teams Le Mans and SLUC Nancy have only €1.86 million and €1.80 million, respectively, which with to sign players for the upcoming season.

Another interesting note is the level of budgets compared to Germany, a league pretty equal in terms of quality. To qualify for the Bundesliga, you must have a budget of at least €1 million, something that brings  trouble for promoted teams, for example. The smallest budget in the French league is €2.28 million, however, something that would put the team in the middle of the German league in terms of budgets. But this difference may be explained by the extremely high tax rates that French teams have to pay for their players.

So much for  tax-free salaries. This always means that the player does not need to pay the taxes himself, but are taken into account by the team and are paid on their behalf.

I have also added up all the budgets to see if the French teams could together pay the salary of Josh Childress; in fact they could, as their combined salaries would be about €21 million.

Jul 29, 2008ballineurope
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This post was published on July 29, 2008
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Comments: 5
  1. Eric
    14 years ago

    Sure France has notorious problem with taxes: giving a player 100.000 €uros costs the club 143.000 €uros (salaries+ player’s income tax+ all taxes- unemploiement, healthcare-). If you add some others common expenses (phone, cars and sometimes food), it can raise to 165.000€.

    As a basketball fan, I can only complain : French teams don’t have the financial power to attract the top players in the market.
    But as a citizen…..why should guys with big salaries have no taxes ??? Basketball players can not be counted among the poor. In France more than 4M people live with less than 500€/month…..ok, they don’t pay taxes.
    But would you rather pay taxes or have a comfort zone with your income ???

    And as a basketball enthousiastic, I saw Udonis Haslem, Tariq Kirksay, Marc Salyers, Khalid El-Amin, Marcus Brown…..it’s maybe in France that we can see the most prospects.

    ReplyCancel
  2. Sportboy
    14 years ago

    French club basketball and soccer are in real rough shape right now. Rugby is doing well though.

    ReplyCancel
  3. John
    14 years ago

    Being both an employeur and agent in France for over 20 years,I think that the tax situation deserves a closer look.
    Generally speaking when a player is paid a 100 000€ net salary,the employer pays another 70% in social charges (charges sociale) this includes nationalized medical coverage,unemployment,old age etc. This does NOT however include the club paying the players personal income taxes.So paying a player 100 000€ net costs the team a minimum of 170 000€,plus the additional perks ,cars,plane tickets,housing,medical insurance. One thing that most players and American agents ignore,is that the teams will NEVER pay the players personal income taxes. What they tell the American agents and the player is th

    ReplyCancel
  4. John
    14 years ago

    .(had a computer problem).what they tell the American agents and the player is that they pay “taxes” for the player,and talk about “net” salaries,and conveniently omitting to tell the player,that the word “net” in Europe,doesn’t mean the same thing as in The United States. “Net” in Europe means the equivalent of what Americans call “take home pay”,in other words the amount of the check. It does NOT however mean that the teams will pay personal income taxes (IRPP) for the player.The reason for this is very simple: If the team does pay the personal income taxes for the player,this is considered by the French Tax administration as a “perk”, (advantage en nature) therefore as a type of salary,these taxes in turn are then subject to the 70% Social charges,and again to being taxed as income the following year.This,of course explains why the Americans signing in France are generally paid less,and are of a lesser level than those playing in Spain,Italy,Greece,Russia etc. etc.and of course why French BB is struggling so much.It amlso explains why so many Americans don’t come back to France once they discover the truth about “net” salaries in France.

    ReplyCancel
  5. Brandon
    11 years ago

    Hey guys, I had a quick question. I know Will Coleman from the University of Memphis just signed with La Mans. Is there any idea what kind of salary he is getting to play there? I know it is a 1 year contract but I don’t know the numbers. Thanks

    ReplyCancel
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14 years ago 10 Comments MoreBasketball business, Budgets, France, Le Mans-Sarthe, SLUC Nancy
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