Why Have a Retirement Clause? Premier League Contracts Explained
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- Опубликовано: 3 фев 2023
- Peter Crouch explains his Stoke City contract to Chris Stark and Statman Dave! Why is there a retirement clause? Do Premier League footballers live a certain distance from training and what happens if the relegation clause is activated? All this and more as Peter Crouch takes the lads through a real Premier League contract!
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Interested to hear more about Crouchy's Stoke contract?
*LOADS MORE IN THE FULL EPISODE: **ruclips.net/video/mNnOkeQbigA/видео.html*
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It's weird that Stoke have a retirement clause when the oldest player in English 1st Division history played for Stoke.
Professional sportspeople (and a few other groups of people) have an exemption in pension law in the UK, and, if stipulated in the contract, can draw on their private pension from an earlier age than the standard Normal Retirement Age (currently 55 years old, rising to 57 in 2028, and will remain 10 years below state pension age from that point onwards). This contract detailed that the pension could be drawn from the age of 35.
Wow! I never knew that some people were excluded from the standard pension age!
Wonder how much his pension would of been
I would have thought if you know you are going to be retired long before 55, you wouldn't be putting your money in a pension fund to begin with...
My dad was a footballer, don’t know him anymore he left when I was 12 however I remember my mum getting her claws into his pfa pension
This was in the late late 90’s, and the professional football association seem to have their own pensions he must have been able to draw from.
Sorry for the long story I just can’t be bothered with getting told I don’t know what I’m talking about
This is true, but there is also a reduction in the lifetime allowance by 2.5% for every year before the age everyone else can take benefits from their pension. So a footballer who takes benefits at 35 will have a lifetime allowance that is 50% less than you or I have.
I think up until 2006 players could draw their PFA Pension at 35 (I think its 55 now) so it could be a hangover from that.
I need more of this I love this type of info
That reminds me of Only Fools & Horses:
" Rodney! You don't live here anymore!"
....and Crouchy scored one of the best goals ever seen whilst playing for Stoke...
Not sure if it has ever been mentioned, next time you do a new episode, best ask crouchy if he remembers skipping training at Villa once with Lee Hendrie and a few others, Hendrie loosing at spoof, going upto a randon table at a hilton hotel (drinking for several hours before hand) and barking like a dog. What the group didn't know, it was Macdonald from the daily mail who rang Graham Taylor
Wtf did you just say?
He has spoken about this in another episode I believe
@@danbrooke2618which one?
Pulis has just said on Under the cosh Crouchie wanted to move north because of her and her family. Hence he ended up in Stoke
Ibra has probably had half a dozen contracts with that retirement age already gone
Crouch and Glen Johnson used to get the train up to stoke I believe
Could it be a Cut Clause in case The player over the retirement Age isn't as fit as he might say?
Ben Foster lives about 80 miles from Watford training ground...
Funny how Stoke seem to have (old) players ie Phil Jagielka at 40yrs young ..
Can you explain "personel terms" is that wages , contract length, shirt number egt?
Wagws
All of the above… wages, bonus structure, release clauses, contract length, auto extensions, image rights, shirt numbers, media duties, etc
As a bolton fan.... I remember when we got relegated from the prem and players still there in the championship on around 50k.... so obvious not on similar contracts to crouchys. The start of the downfall of our club maybe?
A
Look at Ashley Young. At his age he is still so good for Villa.
he really isnt
@@laoch5658 you haven't been watching the same games then as he's been brilliant for us since he's come back
statman dave the guy who publicly said darren fletcher was better than roy keane. Everything he says should be ignored.
Fletcher was a different player to Keane, don't know why they'd ever even be compared in the first place.
Why do they hold the microphones , seems odd in this day and age haha
Because newsflash. Professional Microphones produce exceptional sound in the environment they’re in
@@devidwobinson8747 Newsflash! You can also buy stands for mics
@@devidwobinson8747 but newsflash rather than holding them they can get a stand
why not go to a lower league for free then help them out ??
@John Smith do you don’t die on your days off?
They don’t love football that much. After donkeys years of getting paid MEGA amounts, would you actually go and help somebody who is dog and for free..?
Are there any new podcasts?
#BackStrongerSoon
Unless injured they should be playing in lower leagues, any pensions should be normal age. retiring in your thirties when with good health you can pull out another 40 years of work transitioning into less manual roles its ridiculous and is almost disastrous for humanity.
Shut up you drip 🤣
@@bobbiedale6272 your point
@@undesignated3491 that you’re a drip
@@bobbiedale6272 Nice talking to you anyway. Typical Brit get yourself down greggs with your benefit payment.