Rooney deserves higher pay than fund managers

clock

Wayne Rooney is more deserving of his salary than any fund manager, city trader or CEO, according to a new book by management expert David Bolchover.

Pay Check: are top earners really worth it? argues that, unlike top footballers, most fund managers do not possess any special ‘talent' and cannot justify the salaries they are paid. Published against current antipathy towards City bonuses, the book claims the huge pay packets enjoyed by leading City figures cannot be defended. The Western market has become particularly skewed. The past 30 years have seen the average US CEO's salary spiral from 42 times the average blue collar worker's pay to 531 times, with little to justify that rise. In the 15 years immediately before the company's co...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

AJ Bell posts record rise in platform flows as AUA hits £108.7bn

AJ Bell posts record rise in platform flows as AUA hits £108.7bn

Net flows up 42%

Cristian Angeloni
clock 23 April 2026 • 2 min read
Why advisers should adopt Gaudi's 'my client is not in a hurry' approach

Why advisers should adopt Gaudi's 'my client is not in a hurry' approach

Dan Brocklebank makes keynote speech at PA360

Isabel Baxter
clock 23 April 2026 • 2 min read
Four Asian investment lessons in the face of turmoil

Four Asian investment lessons in the face of turmoil

South Korea, Vietnam and Indonesia have suffered some of the biggest falls since the start of the war

Gabriel Sacks
clock 23 April 2026 • 4 min read