Feb 7 • 10:00 UTC 🇬🇧 UK Mirror

Virgil van Dijk takes £9.7m hit on Liverpool earnings after contract decision

Virgil van Dijk has lost £9.7 million from his earnings due to taxes after signing a new contract with Liverpool.

Virgil van Dijk, Liverpool's captain, has experienced a significant decrease in his earnings post-signing a new contract, losing around £9.7 million to taxes over the past year. His contract, extending for two years, keeps his salary at approximately £350,000 per week, which sums up to roughly £40 million. However, a large portion of that goes to taxes, positioning him among the top taxpayers in the UK, reflecting the high tax contributions of elite athletes in the country.

Although Van Dijk's earnings have remained substantial, the tax burden highlights the financial realities that come with high salaries. He ranks as one of the highest taxpayers not only in football but across different sectors in the UK, indicating the impact of his earnings on public revenue. Interestingly, fellow footballer Erling Haaland tops the tax charts with £17 million paid in taxes, illustrating the competitive nature of earnings and the tax implications in professional sports.

This situation may ignite discussions about compensation and taxes for professional athletes, especially in the context of how financial rewards are shared with the government. The findings emphasize the intricacies of sports contracts and the taxation system affecting high-earning athletes, revealing a broader narrative about wealth, public service funding, and financial management.

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