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Football

03rd Sep 2024

Staggering amount Ivan Toney set to earn in Saudi Arabia revealed

JOE

The England striker has landed a huge sum

Ivan Toney is set to earn a staggering amount in Saudi Arabia following his deadline day move from Brentford.

The England striker signed for Al-Ahli last week in a dramatic finale to the transfer window.

Reported to be previously on less than £50,000 a week at the Bees as per the Telegraph, Toney’s new contract has landed him a hugely improved sum.

It has been reported that the new deal could land him £1million a week after bonuses are calculated.

Toney’s four-year deal will secure him a basic pay of around £400,000 per week following tax.

It is also understood that add-ons and bonuses related to performance would take his salary to towards £500,000 across his contract.

To earn the same amount of take-home pay in the UK after tax he would have to be earning wages close to £1 million per week.

As a result, Toney will become one of the best paid English players in the game.

It has also been reported that players and managers have to stay in Saudi Arabia for a complete full tax year in order to receive tax-free earnings in the Middle East. Returning thereby before could risk HMRC claiming 45 per cent on earnings.

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