Football League World
·30 November 2024
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Yahoo sportsFootball League World
·30 November 2024
FLW takes a look at how much money Millwall FC are estimated to spend on players' wages.
Millwall are now an established Championship club, having spent seven and a half years in the second tier of English football.
Securing promotion through the League One play-offs back in 2015-16, they have consistently found themselves in the mid-table reaches of the second tier while occasionally challenging for those top six spots.
This is an impressive résumé for the Lions, who consistently overachieve when you take into account the finances involved.
However, as with many sides in those placings, the ambition has to be pushed towards promotion and if things fall their way, you can see Neil Harris' side making a claim in the next few years.
With this in mind, Football League World have decided to take a look at how Millwall's wage bill stacks up using data from Capology, which are estimates rather than confirmed figures.
According to Capology, the Lions have a relatively estimated low wage bill for the Championship, displaying the success they have achieved through good management.
Currently, their annual bill amounts to £12,052,000, which breaks down to an average of £231,769 per week for the squad. This budget supports a roster of 27 players, including promising young talents such as Billy Mitchell, Adam Mayor, and Romain Esse.
In terms of the highest-paid players at the club, it is estimated that Japhet Tanganga and Joe Bryan earn the most, with the duo earning an estimated £35,000 and £32,500 a week respectively. This is quite disproportionate to the rest of the squad, with third-placed Ryan Wintle only taking home £12,500 every seven days.
This is likely due to the clubs they were signed from, with Tanganga arriving from Tottenham Hotspur and Bryan making the move from Fulham last year.
Compared to recent years, Millwall's current wage bill is lower than it was during the 2021-22 and 2023-24 seasons. However, apart from those exceptions, the club has consistently maintained a wage bill below £12,000,000.
Up against some large figures, Millwall's ranking suggests that they don't overspend when it comes to offering players deals.
Estimated by Capology, Harris' side sits 18th in the Championship payroll ranking with Portsmouth, Plymouth Argyle, Queens Park Rangers, Oxford United, Coventry City and Swansea City all below them.
Looking at the sides near the bottom of this list, it shows how well the Lions have done, with only the Sky Blues having comparable success in the second tier.
At the top of the Championship, seven clubs are reported to have annual wage bills exceeding £20,000,000. Leading the pack are Leeds United and Burnley, with payrolls of £36,816,000 and £30,992,000 respectively.
This is a huge gap for Millwall to cover and shows just how impressive the Lions' successive 1-0 wins were against the same opponents. However, as expected in the modern age of football, money usually leads to success and the fact that the Whites and Clarets sit near the top of the league table is no surprise.
Over the next few years, it will be interesting to see how Millwall develop. If further investment arrives, it’s possible they could push for those play-off spots, with the link between wage bill and league position becoming ever clearer.