Ed Balls’ view is that Wayne Rooney’s worth his £300,000 a week
Wayne Rooney’s reported £300,000 a week wages should not be controlled as his talent attracts the high salary, shadow chancellor Ed Balls has suggested.
Mr Balls said in the footballer’s case it was perhaps “genuinely the talent getting the pay” as there is “only one Wayne Rooney” who could go anywhere in the world.
But massive multi-million-pound salaries in some parts of the economy feel “like a bit of a Ponzi scheme” when the pay is not because of a great idea or “when it’s not the talent of Wayne Rooney”, the shadow Chancellor said.
He made the remarks after he was questioned about Business Secretary Vince Cable’s view that he did not understand “why people need a million quid a year”.
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