Tottenham’s Vincent Janssen Has Some Low Wages
Tottenham seems to have signed Janssen to a bargain deal if his weekly wages are as low as the London Evening Standard is reporting after paying a rounded value of £17 million for his services.
When Tottenham signed Vincent Janssen from AZ Alkmaar for €20 million, that converted into £16.7 million (£16,729,583.83 to be exact and £17 million rounded up). Other than the transfer fee, no one knows the exact wages that footballers will be earning on a weekly and monthly basis.
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In order to figure that out we have to do some basic math. To make things much easier, Tom Dutton of the London Evening Standard estimates that the 22-year-old Dutch striker is set to earn around £25,000-per-week.
If that number is to be believed, then that would be a steal on a four-year-deal.
Except, that’s quite low for Janssen who was last season’s Golden Boot winner in the Eredivisie with 27 goals. Now while he won’t earn as much as Harry Kane will receive this season (£100,000 on a new deal), Vincent Janssen would be earning £75,000-per-week less than the Englishman.
But more so than that, he’d likely be one of the lowest earners on this team.
Perhaps Dutton’s estimation of £25,000 is a guess, or he did some math as well to come up with his number. For now, let’s come up with a couple of formulas to figure out Janssen’s weekly and monthly salary based on his transfer fee.
If €20 million is converted into pounds, that becomes £16.7 million (taking the shorted form of the exact number). Now, seeing as how there are 52 weeks in a year (52.1429 which will be shortened to 52.1 for ease of use in this equation), we simply divide the numbers like so:
16.7 (transfer fee) ÷ 52.1 (number of weeks ) = 0.320537428
The final number doesn’t look right, right? But, if we look at the decimal numbers in this equation there is a single number to the right for both 16.7 and 52.1.
If we take those two numbers to the right, which is one point from the decimal and combine them, we’d get two decimal places. It sounds confusing but bear with it.
When it comes to multiplying or dividing decimals, there is something called the power of ten, to have the proper values after solving some equations.
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It involves the numbers 10, 100, 1000, etc. based on the amount of decimal points there are in a single equation.
So from above, 16.7 and 52.1 both have a decimal each. To the right is one digit, if we look at them as the number 1 and we add both of them, that equals to 2 (1 + 1 = 2).
Which in turn, gives us two decimal points in total.
Now, because this is about fixing the final value which was 0.320537428, if we multiply this by 100 (because two decimal points equals two zeroes in the power of ten) — so for example, one decimal point equals 10, two decimal points equals 100, three decimal points equals 1000, etc. — we would get this new equation and result:
0.320537428 × 100 = 32.0537428
Shortening the final number would look like this: 32,053 or 32,100 rounded up. But to make things even simpler it could be just 32,000.
Now whether Vincent Janssen has agreed to earn £32,000-per-week is legitimate or not, it seems much more reasonable for him to earn this much rather than what Tom Dutton came up with.
Who knows, maybe Dutton is correct in his estimation of the 22-year-old’s weekly wages at £25,000. But again, that would make him one of the lowest earners on this squad despite Tottenham paying about £17 million for his services.
As for how much Janssen would earn on a monthly basis with the numbers from above, but switching out the number of weeks with the number of months. While tacking on a decimal point to make this easier. Here’s the equation below:
16.7 (transfer fee) ÷ 12.0 (number of months) = 1.39116666667
The decimal point and zero after the 12 isn’t actually needed, but when multiplying this answer by 100 (because of two combined decimal points) the final number becomes more plausible as a monthly salary:
1.39116666667 × 100 = 139.166666666667
We could simplify the value to either 139,167 or 139,200 rounded up or even 139,000 rounded down.
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So there we have it, based on Vincent Janssen’s transfer fee alone, we were able to get a rough estimation on his monthly salary (£139,000) and weekly salary (£32,000). Of course, if you were to multiply 32,000 by four weeks it doesn’t equal 139,000 as it comes out to 128,000.
The same can be said when you divide 139,000 by four which equals 34,750. So clearly, all of these numbers are guesses at this point. It’s mainly just for fun.
In any event, assuming that Janssen’s transfer fee is the actual amount that a player will earn when converted into a monthly and weekly wage, the equations above are quick ways to figure out a footballer’s wages.
It’s unknown how Tom Dutton came out to £25,000-per-week, but for now, trying to figure out how much someone earns is kept under wraps until each club or player openly discusses it themselves. Therefore we have to resort to these equations from above to get some quick numbers for some discussion.