In just three weeks Prem players could own a home outright In Liverpool

Michael Lloyd

July 30, 2019

In Liverpool it would take a Premier League player just three weeks to buy a home outright, estate agent Yopa has found. 

Premier League players earn an average of £30,695 per week. The results reveal even a home in desirable Chelsea would only take a Premier player 37 weeks to stump up the cash to buy the deeds.

Ben Poynter, chief executive at Yopa, said: “The whole country is on the verge of football fever with the return of the Premier Leagues both sides of the border.

“Yopa’s research shows that players’ sky high wages can get them on the property ladder in record time and in the space of less than three weeks, players could score themselves a property close to historic Anfield.”

The average weekly wage of £30,695 is almost as much as the average first-time buyer deposit, which totals at £33,217, according to Halifax research.

Incredibly, it would take as little as three and a half years, or 194 weeks, for these sporting stars to be able to purchase a property in all 20 English Premier League locations.

Players that wish to diversify their investments and capitalise on the benefits of property as a long-term investment should take note.

In Scotland, research shows for a quick win Scots should look to buy in the Rangers hometown of Glasgow, where it would take 32 weeks or 5,376 hours to secure themselves a pad.

However, it takes Scottish Premier League players almost 11 times as long as their English counterparts to get on the property ladder due to the much lower earnings north of the border.

Scoring a property in all 10 Scottish Premier League cities would take these players nearly eight years – more than double the length of their English neighbours, who would also own twice the number of properties.

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