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Abdul Mumin’s Ascent in La Liga: Salary, Performance, and Market Value

The Nerve Africa dives into the Ghanaian’s finances.

by Olubi
27.01.2024
in Salaries
Abdul Mumin

Ghanaian defender Abdul Mumin is making waves in La Liga as he solidifies his position in the starting lineup for Rayo Vallecano. While his move to Spain initially didn’t bring a significant increase in playing time, the 2023/2024 season is seeing the Ghanaian national team defender shine more on the field, impacting not just his transfer value but also attracting interest from other European clubs.

What is Mumin’s Salary in Rayo?

Abdul Mumin’s venture into Spain with Rayo Vallecano began in the fall of 2022, and his contract is set to run until June 30, 2026. Over the next three years, the Ghanaian footballer is set to earn €1,050,000, excluding bonuses. The ongoing season (2023/2024) will see Mumin pocket €350,000, translating to €6,731 per week.

Annual Salary

€ 350,000

4,583,581 Ghanaian Cedis

Monthly Salary

€ 29,167

382,067 Ghanaian Cedis

Weekly Salary

€ 6,731

88,171 Ghanaian Cedis

Daily Salary

€ 962

12,601 Ghanaian Cedis

Team Salary Overview

Abdul Mumin

Rayo Vallecano’s overall salary expenses for the 2023/2024 season amount to €17,360,000 annually, positioning them among the lower spenders in La Liga. Raul de Tomas, the team’s striker, claims the top spot as the highest-paid player, earning €3,100,000 per year.

Mumin ranks 19th in the team’s salary hierarchy, standing as the eighth-highest among all foreign players in Rayo Vallecano. He secures a place in the top three highest-paid players under 25, trailing behind Spanish teammate Martin Pascual. Among non-European players in the squad, Mumin leads as the highest-paid African player.

Player

Country

Annual Salary (EUR)

FalcaoΒ 

ColombiaΒ 

€ 1,200,000

Alfonso Espino

UruguayΒ 

€ 580,000Β 

Oscar Trejo

ArgentinaΒ 

€ 510,000Β 

Abdul Mumin

Ghana

€ 350,000

Pathe Ciss

Senegal

€ 340,000

Career Salary Comparison

Abdul Mumin’s career trajectory showcases a consistent rise in earnings. Following impactful seasons with FC Nordsjaelland, the Ghanaian attracted attention from clubs like AS Monaco FC and Sheffield United F.C. Opting for Vitoria S.C. in Portugal, Mumin’s salary surged over 2.5 times, establishing a trend that peaked after his move to Rayo Vallecano.

Club

Salary Euro per Year (EUR)

Salary Ghanaian Cedi per Year (GHS)

Rayo Vallecano (2022/2024)

€ 350,000

4,583,581 Ghanaian Cedis

Vitoria S.C. (2020/2022)

€ 200,000

2,618,751 Ghanaian Cedis

FC Nordsjaelland (2017/2020)

γ€œβ‚¬ 78,736

γ€œ1,031,631 Ghanaian Cedis

Market ValueΒ 

Abdul Mumin

Mumin’s market value experienced fluctuations, notably a decline after his debut in La Liga. Despite a successful career in Denmark, his transition to the Spanish top flight saw a dip due to a slow start. However, the 2023/2024 season is witnessing a resurgence in Mumin’s performance, with Transfermarkt currently valuing him at €2 million.

Club

Year

Market Value

Rayo VallecanoΒ 

2023Β 

€ 2,000,000

Rayo VallecanoΒ 

2022Β 

€ 1,500,000

Vitoria S.C.

2021 (December)

€ 3,000,000

Vitoria S.C.

2021 (January)

€ 1,700,000

FC NordsjaellandΒ 

2020

€ 700,000

FC NordsjaellandΒ 

2019Β 

€ 400,000

FC NordsjaellandΒ 

2018

€ 200,000

FC NordsjaellandΒ 

2017

€ 100,000

FC NordsjaellandΒ 

2016

€ 50,000

Football and Financial Prospects

Abdul Mumin earned a call-up to the Ghanaian national team in December 2021 but has yet to secure playing time. Despite facing challenges in adapting to La Liga initially, the second half of the 2023/2024 season holds promise for Mumin, as he competes for more playing time. His performance could not only lead to a contract extension with Rayo Vallecano but also attract interest from other European clubs.

In summary, Abdul Mumin’s journey in La Liga is marked by financial growth, market value fluctuations, and a determined effort to establish himself as a prominent force in Rayo Vallecano’s defense. The coming months will reveal whether his trajectory continues to ascend in the competitive landscape of European football.

 

Tags: Abdul MuminπŸ‡¬πŸ‡­ Ghana

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