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Ed Balls: Wayne Rooney worth the big salary

Manchester United star Wayne Rooney's reported £300,000 a week 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.

Shadow Chancellor Ed Balls supports Wayne Rooney receiving a 'big' salary. Credit: PA

Mr Balls made the remarks after he was questioned about Business Secretary Vince Cable's comments in the Observer that he did not understand "why people need a million quid a year".

He told BBC Radio 5 Live's Pienaar's Politics: "I think in some parts of our economy - when it's not a great idea or when it's not the talent of Wayne Rooney - then you do think to yourself these massive multimillion-pound salaries, it feels like a bit of a Ponzi scheme."