Football League World
·10. November 2024
Football League World
·10. November 2024
We take a look at how the Sky Blues' estimated expenditure on wages compares to other teams in their league.
Coventry City haven't been afraid to invest in recent years under owner Doug King.
In fairness, the sales of Viktor Gyokeres and Gustavo Hamer have helped them massively, with their moves to Sporting Lisbon and Sheffield United helping the Sky Blues to raise plenty of money last year.
A decent chunk of this money was used to strengthen Coventry's squad - and this investment was needed - with the club needing to fill the void that Gyokeres and Hamer created with their departures.
Some big-money additions were made, with Ellis Simms and Haji Wright arriving for sizeable fees during the summer 2023 window.
Their contributions last season helped to replace Gyokeres, who has impressed in Portugal since his move there.
Hamer, however, is arguably irreplaceable and Coventry have definitely missed him at times since his departure.
On paper though, Coventry have a very decent squad at their disposal and all the necessary ingredients are there for them to do well in the future.
Every area contains some decent options and the necessary quality and depth is there for them to be a force at this level, at the time of writing.
A good squad is always likely to be costly to run though. In this piece, we take a look at how their wage bill compares to others in the Championship, based on estimates from Capology.
It has been estimated by Capology that the Sky Blues' weekly wage bill is £212,731, which isn't a huge amount, all things considered.
It wouldn't have been a major surprise if quite a few of their players were on quite big salaries, but only seven players are believed to be on five-figure amounts per week, which is quite remarkable.
Simms and Wright's salaries were always going to be high, considering how valuable both can be in the final third, and Binks' wage may not surprise some, with the player previously plying his trade for Italian top-tier side Bologna.
And Brandon Thomas-Asante's contract probably needed to be attractive for him to have made the move from West Bromwich Albion, considering Coventry aren't that much of a step up.
Jack Rudoni and Ephron Mason-Clark, meanwhile, were crucial players at their former teams and Coventry would have been keen to get both deals over the line, so their estimated five-figure weekly wages aren't a major shock.
Jay Dasilva, meanwhile, is an established player at this level and is always going to command a respectable salary.
The average annual salary for a player in a second-tier team is £597,164, according to Capology.
Coventry's figure is £442,480, which shows that the Sky Blues are fairly shrewd with their money, considering they have one of the better teams on paper in this division.
Their results during the early stages of the 2024/25 campaign may not have reflected that, but the Sky Blues have a mega amount of potential.
Leeds United's estimated weekly wage bill is £708,000, even though they cashed in on numerous key players during the summer window.
Some top-quality players arrived during the same window though, so it's no surprise that their estimated wage bill is so high.
Coventry, meanwhile, are 20th in their division in terms of their weekly wage bill, with only Oxford United, Queens Park Rangers, Plymouth Argyle and Portsmouth below them.
QPR, Plymouth and Pompey have struggled at times during the 2024/25 campaign and Oxford are new to the second tier.
Pompey have the lowest estimated weekly wage expenditure with a figure of £138,500.
And in terms of who's just above Coventry in terms of weekly wages, Millwall and Swansea City are 18th and 19th respectively, on £231,769 and £223,692.