Don`t Believe a Word!

Benitez confirmed it

http://www.espn.co.uk/football/sport/story/189266.html

Benitez confirmed 200k pw? thats a joke right?

£200K per week might well be the truth!! Look at the agreement that Walcott "allegedly" made recently: £100k per week plus a £2.5m signing on fee. If you assume that Cole made a similar deal (e.g. plus a signing on fee) then it could well be true. Take £150k base as a roughly figure (we know some of our legends were on close to £150k per week, so why not!). Multiply by 52 weeks = £7.8m. Assume the club has given him a signing on fee of £2m = £9.8m (118k per week). Add to that various bonuses for goals, assists, image rights and you could well be looking at a weekly figure approaching £200k. Of course all of this is pure pie in the sky numbers, but in honesty rounding up the numbers I'm certain Cole will be closer to £200k than £100k! Before I get slated for this comment, think about it sensibly: The club wants him to stay and Cole knows we might be his last big-time club. The club pays out a one off "thank you" to cole to set him up for life after retiring. This comes are part of a one off payment circa £2m. Makes sense to me!

Sorry.... Not £118k per week..... £188k per week. Typo!!

All it takes is for some Journo to overhear than Cole's new deal is worth £10m over the year. They get out a calculator and get £192k per week. Which is of course nicer to write as "nearly" £200k per week which get's shortened to £200k per week.

Who says £200k TOTAL is the highest paid @MQ? Many top tier stars have deals incorporating image rights, various bonuses etc. It's how clubs get to balance books and hide certain payments through the books. Even in my company they use a similar method by offering guaranteed bonuses and car allowances instead of just flat-line wages. It's all a big book-cooking exercise, but it does go on

The board is very sensible in offering him a 1year rolling contract but its not a £200k per week contract im very sure.

i dont think it would be that much...if its then chelsea are making a fool out of themselves...

Sojo, maybe you should READ the comments instead of just writing pointless answers

200k/wk dosnt make sense 4 32yrs old wit 1yr contract. I dnt tink is true.

Johnny don't get me wrong, if someone told me "Ashley Cole just signed a 1 year contract with £200k per week wages" then I'd say they were full of the proverbial, but that's different to someone saying "Ashley Cole just signed a 1 year deal WORTH £200k per week". Let's be honest here people, we have NO clue how much our players actually earn. What we do know is that our entire wage bill is around £190m per year (the exact figure escape me, but it is below £200m). Now I understood that to be WAGES. If that's the case there are also other expenditures which will not be classes as "WAGES". Like Agent's fees. Probably like signing on fees too. The point I was trying to make with just some simple calculations (and I did stress these were pie-in-the-sky numbers!), was that it IS possible that Ashley Coles' deal could be in the region of £200k per week TOTAL (not just wages!). So far I don't see anything to suggest that my numbers were unrealistic? Tevez is the only recorded player salary that I'm aware of to have been made public and his wages were about £140k p/w plus benefits such as bonuses, house allowance etc. I'd have put Ashley in the same ball-park for wages (£130-£150k p/w) plus any other bonuses or allowances or image rights, signing on fees etc, so it is at least FEASIBLE that he could be approaching the £200k p/w TOTAL on the new contract. (Happy to be proved wrong if someone can add more realistic figures please!!)

in short.. the news papers are trying to make the figure as big as possible.. and they are also staying clear of making a clear-cut statement by using word "WORTH"..

I think Ashley has already denied this in August. In his words, "200k, are you for real??", makes me think he earns nowhere near that http://www.standard.co.uk/sport/football/ashley-cole-denies-200000-a-week-wage-demands-8009278.html