Yesterday the Talanta F.C. coach revealed his team's misfortunes that prevented them from performing, particularly after losing 6-0 to the AFC Leopards. I've been curious in learning how much a KPL team spends on wages.
The following are some difficult questions to think about:
- Are there Income Generating Activities (IGA) at KPL clubs?
- How do clubs make ends meet besides relying on sponsorship?
- Can a Premier League team make enough money to survive?
- Is the prize money awarded to the league champion sufficient to support a club through the following season.
Let's do some basic math. Assume that a club has 30 members, including the technical staff. Let us assume for the sake of illustration that each member earns Kes 30,000 per month.
Calculating the annual salary based on the example would be;
30 X 30,000 X 12 months = Kes 10,800,000
Notably, transportation, healthcare, meals, lodging, and other expenses are not included in pay.
Can our KPL clubs raise more than Kes 20+ million a year in funding without the help of sponsors?
In any case, I strongly advise all clubs, particularly those in the NSL and below divisions, to think carefully about their business plans before it's too late and to look into income-generating projects and investments rather than relying just on sponsorship to support themselves.
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