Please tell me ... what do you do with £400,000 a week ?

Discussion in 'Bulletin Board' started by Mr Badger, Jul 23, 2021.

  1. Mr Badger

    Mr Badger Well-Known Member

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    I spend about £50 on shopping and £30 on my car fuel per week.
    On average I have to find about £100 on bills etc. per week.
    Still leaves me with a bit to go. Nice to look at in online banking but to all intents and purposes useless.
     
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  2. RamTam

    RamTam Well-Known Member

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    And we wonder why so many footballers have gambling problems.

    Nice that some of the current England crop spend a fair amount on charity work and community projects at least. The Rooney/Owen/Ferdinand generation seemed to be all about status and posh cars
     
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  3. troff

    troff Well-Known Member

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    If someone wants to give me £400,000 a week, I’d find out for you.

    To be honest, £400,000 over eight or even ten years would be nice.
     
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  4. Dan

    DannyWilsonLovechild Well-Known Member

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    It's a fair chunk of tax. The tory donors will be pleased they can level up their coffers a little bit more!
     
  5. JamDrop

    JamDrop Well-Known Member

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    People tend to live to their means, unfortunately. People who earn more, in general, spend more on mortgages, cars, holidays etc. and still end up with hardly any savings, if any. It’s why if you get a pay rise you should put some of it straight into savings by direct debit before you get into the habit of spending it and soon it doesn’t feel like you’ve got any extra money coming in at all.
     
  6. Mis

    MiserablePontyEnder Well-Known Member

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    Pay about 140k a week tax....
     
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  7. Jul

    Julian Broddle's Perm Well-Known Member

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    I had a similar conversation with a ‘lottery dreamer’, I work with, who tells me every Friday that he won’t see me Monday as he’s going to win the Euro Millions.
    I don’t even do the lottery as I just would not know what to do with that money. I wouldn’t leave Barnsley, I wouldn’t dress different, drink in different places and would want to keep the same friends. I would even still want to work for a reason to get up in a morning.
    So, a large windfall, for me, would probably just mean a better class of holiday rather than scouring the internet for bargain trips to Greece!!
     
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  8. Red

    RedVesp Guest

    I think after tax it's around £220k a week.

    I'd still make that crack though.
     
    Last edited by a moderator: Jul 23, 2021
  9. Gravy Chips

    Gravy Chips Well-Known Member

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    Buy Hillsborough and turn it into a world class theoretical physics research facility. Finally get to the bottom of Wednesday’s unrealistically outrageous luck against us. It’s got to be something dark matter related.
     
  10. Pon

    Pontered Well-Known Member

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    Almost half would be taxed! His take home pay would be ONLY £212k a week!
    Poor lamb, shall we do a wipround?;)
     
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  11. Dan

    DannyWilsonLovechild Well-Known Member

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    Not bad for part time seasonal work ;-)
     
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  12. Red

    Red Rob Well-Known Member

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    Had dinner with Adam Lallana's agent pre pandemic. Apparently he puts everything into savings and investment funds which are untouchable bar £5,000 a week which he lives off. Same theory as others have mentioned, you live to your means. Imagine his mortgage was a couple of grand a week, but if he wanted to make a big purchase like a new car or nice holiday he'd have to save up somewhat like the rest of us.

    All seemed eminently sensible.
     
  13. Mid

    Mido Well-Known Member

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    But what's he going to do with his money from the investments? Seems a bit pointless having it if your not going to spend it.
     
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  14. jedi one

    jedi one Well-Known Member

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    get an ex wife like mine, she could spend £1 more than i could earn and in the 90's i was drawing between £700-£900 pw, but she managed to blow the ******* lot
     
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  15. ronnieGlavinsB@stardSon

    ronnieGlavinsB@stardSon Well-Known Member

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    I would assume he'll draw them down when he stops playing so he doesn't have to work after retiring from the game.
     
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  16. Red

    RedVesp Guest

    Considering he'll stop earning big money in about 8 years, investing is a pretty sensible option.
     
  17. Red

    Red Rob Well-Known Member

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    He'll be retired for 40- odd years and is used to a certain standard of living.

    Really in this world you are your savings. If you don't have any you've got to work. The more savings you have, the less you have to do.

    If I was Adam I'd do similar. Create a big investment fund, dabble in that as I wish and give much of the proceeds to charity whilst maintaining a comfortable life.
     
  18. troff

    troff Well-Known Member

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    He’s saving some coin then. Reported to be on £100k when week at Liverpool and took a pay cut to a reported £90k at Brighton…

    You’d imagine he’s saving or investing the best part of £45k a week, and has been doing for a fair few years.

    Sensible lad making sure he will live a high quality lifestyle for the rest of his life - and will provide a heck of a lot to his future generations too, if he has family.
     
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  19. Stephen Dawson

    Stephen Dawson Well-Known Member

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    I'd pick a horse in every race all day including evening meetings. Put them all in 20p win or e/w Lucky Fifteens. I'd back them all individually. £2 win over and including 4/1 until 10/1. Over 10/1 £1 e/w ranging to £10 e/w depending on how much I fancied it. £5 win on anything between 6/4 and 7/2. £20 win at evens or 10/11.
     
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  20. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    He's got about 40 years to look forward to where he might be unemployed or earning a pittance in comparison with a presenting gig or coaching youth players. Smartest thing a football can do is pay a massive chunk off their initial mortgage, pay the rest off over the next decade whilst they're earning, and ensure by retirement everything they have they've paid for outright. Zero debts.
     
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