Are football Players in Ethiopia Overpaid?
In Ethiopia, football players are earning jaw-dropping salaries. Indeed, they have skyrocketed during the past few decades. The trend began in 2008 and started to pick up steam over the past five years. While this has helped football players earn millions, it has had an adverse impact on the financial outlook of the clubs. Salaries paid to footballers account for over 90Pct of the budget of the clubs. This coupled with the mismatch between the growth in income and salary expenses of the clubs, had affected their performance and of course their very existence, as EBR adjunct writer Abiy Wondifraw reports.