A £50m Joke
Article by e-Chelsea Correspondent Lee Beevor
Follow e-Chelsea on Twitter!
Regular readers may think I am set for another blast at my club’s “spearhead”, a certain Fernando Torres. Whilst the headline fits perfectly with my oft-vented opinion of the misfiring Spaniard, on this occasion, he is to be spared my ire. The joke to which I refer is the supposedly harsh punishment facing Manchester City for breaching the UEFA Financial Fair Play (FFP) regulations. For whilst £50 million seems a large sum of money, to the clubs that FFP was implemented to curtail, it is pocket change.
I do not want to get into specifics, as most people find economics dull and the details are largely irrelevant to the principle in any case. However, I understand City will pay their fine over 3 years, reducing it to a paltry £17 million or in player terms, a Rodwell or Sinclair type transfer. If you had forgotten City signed these players you are forgiven, given the lack of minutes they spent on the Etihad pitch. But worry not, as I’m sure City will continue to avail themselves of such under-utilised reserves in the future. There will always be a completely unconnected company from the Middle East ready to sponsor their corner flags to make up any shortfall.
By completely ignoring FFP, City has benefited immeasurably. Is there anyone reading this that seriously thinks they would have won this season’s Premier League without Negredo, Fernandinho, Demichelis, Navas and Jovetic? Okay, Jovetic has not done a great deal, but he is after all the fourth choice striker. To spend £23m on a player that will not play is exactly what FFP was designed to prevent. Squad depth of this level is anti-competitive and stifles youth development in the process. How many players need to be injured before an academy forward is promoted to City’s starting line-up?
So Manchester City won the English league and Paris Saint-Germain are the champions of France. Well done. Both gambled that UEFA would do nothing to enforce their regulations and both have been rewarded. But wait I hear you say, what about squad restrictions? Oh yes, I nearly forgot, City must make do with a squad of a mere 21 players in their 2014/15 Champions League campaign. Well Real Madrid made the final by utilising 22 of their personnel, so this is hardly a hindrance. Besides, if your group is so strong and so deep, then it hardly matters, as you still possess a top quality first eleven, plus ten back-up full internationals.
It may come across that I am picking on City and if so, I apologise. As a Chelsea fan, I obviously cannot lecture on the evils of high spending! However, when my club makes the effort to conform to FFP and suffers a disadvantage as a result, I have a right to be angry. Does this mean Roman can buy Cavani and Costa this summer, with perhaps Falcoa ready for when he recovers from injury? Let’s just write UEFA a cheque for £100m now and be done with it.
This was a chance for UEFA to do something to make football more competitive and they have blown it. Now Bayern will sign more of Dortmund’s players and win the league by Christmas. Is this good for football? If Chelsea and City spend £200m each in the summer, we will be deprived of the fun given to us initially by Arsenal and laterally Liverpool, as they will not be able to keep pace. I don’t want this to happen, but if the sheikhs and oligarchs are left unchecked to spend at will, it is inevitable it will.
© e-Football 2014 All rights reserved no part of this document or this website may be reproduced without consent of e-Football
Follow e-Chelsea on Twitter!
Regular readers may think I am set for another blast at my club’s “spearhead”, a certain Fernando Torres. Whilst the headline fits perfectly with my oft-vented opinion of the misfiring Spaniard, on this occasion, he is to be spared my ire. The joke to which I refer is the supposedly harsh punishment facing Manchester City for breaching the UEFA Financial Fair Play (FFP) regulations. For whilst £50 million seems a large sum of money, to the clubs that FFP was implemented to curtail, it is pocket change.
I do not want to get into specifics, as most people find economics dull and the details are largely irrelevant to the principle in any case. However, I understand City will pay their fine over 3 years, reducing it to a paltry £17 million or in player terms, a Rodwell or Sinclair type transfer. If you had forgotten City signed these players you are forgiven, given the lack of minutes they spent on the Etihad pitch. But worry not, as I’m sure City will continue to avail themselves of such under-utilised reserves in the future. There will always be a completely unconnected company from the Middle East ready to sponsor their corner flags to make up any shortfall.
By completely ignoring FFP, City has benefited immeasurably. Is there anyone reading this that seriously thinks they would have won this season’s Premier League without Negredo, Fernandinho, Demichelis, Navas and Jovetic? Okay, Jovetic has not done a great deal, but he is after all the fourth choice striker. To spend £23m on a player that will not play is exactly what FFP was designed to prevent. Squad depth of this level is anti-competitive and stifles youth development in the process. How many players need to be injured before an academy forward is promoted to City’s starting line-up?
So Manchester City won the English league and Paris Saint-Germain are the champions of France. Well done. Both gambled that UEFA would do nothing to enforce their regulations and both have been rewarded. But wait I hear you say, what about squad restrictions? Oh yes, I nearly forgot, City must make do with a squad of a mere 21 players in their 2014/15 Champions League campaign. Well Real Madrid made the final by utilising 22 of their personnel, so this is hardly a hindrance. Besides, if your group is so strong and so deep, then it hardly matters, as you still possess a top quality first eleven, plus ten back-up full internationals.
It may come across that I am picking on City and if so, I apologise. As a Chelsea fan, I obviously cannot lecture on the evils of high spending! However, when my club makes the effort to conform to FFP and suffers a disadvantage as a result, I have a right to be angry. Does this mean Roman can buy Cavani and Costa this summer, with perhaps Falcoa ready for when he recovers from injury? Let’s just write UEFA a cheque for £100m now and be done with it.
This was a chance for UEFA to do something to make football more competitive and they have blown it. Now Bayern will sign more of Dortmund’s players and win the league by Christmas. Is this good for football? If Chelsea and City spend £200m each in the summer, we will be deprived of the fun given to us initially by Arsenal and laterally Liverpool, as they will not be able to keep pace. I don’t want this to happen, but if the sheikhs and oligarchs are left unchecked to spend at will, it is inevitable it will.
© e-Football 2014 All rights reserved no part of this document or this website may be reproduced without consent of e-Football
May I ask you a simple question......?"If you were a Manchester City supporter and lived near the Etihad would you prefer to see your team bankrupted and your area remain impoverished or would you prefer to have a successful Club with no debt or loans and the Etihad Campus with some success after 50 years of so little?
ReplyDeleteHang on a minute here, it's your clubs spending over the years that meant City had to spend so much to compete. Bitters, the lot of you.
ReplyDeleteoh do one, you did exactly the same a few years ago and yet here you are whining because youve been knocked off your perch. dont be such a fucking hypocrite
ReplyDeleteHow exactly does FFP make things more competitive? It was all about keeping the established elite at the top table and forget the rest. FFP is a joke. Roman did the same thing not very long ago, city had to do it quickly (and PSG) to do what chelsea had done over a longer period. How investment is bad for football is beyond me, they should be aiming to stop leveraged buyout not people ploughing their money into football and the local community.
ReplyDeleteWhat a load of nonsense FFP is. Brought in by Gill for United to keep the competition at heel. As for our strikers, we have 4 just like United do. Jovetic has been injured for a large proportion of the season. As for United Welbeck and Hernandez have hardly had a look in and Zaha was lucky to be loaned out because he didn't even make it to the bench for most games.
ReplyDeleteFFP is a joke anyway, To follow it would mean eventually Man United winning the league every year with Arsenal second. No team would be allowed to invest heavily. Its designed so no club can ever challenge the status quo. Chelsea have increased there income massively due to investment from Roman A. Even if he left now they would have benifited from his involvement. With their new money city have created a massive academy, built a new reserve stadium, redeveloping a very poor run down area. How is this bad for football.
ReplyDeleteThe only true fair play financially, would be to limit all teams to the same budget on players.
Re: Squad depth level - how many players do chelsea have out on loan? 26 (Twenty Six)! Have a look at your own team and how you've gone about your own business before you post this rubbish!
ReplyDeleteWhat you cant see is this stupid FFP will just fix the top 15 or so clubs in Europe.
ReplyDeleteCity have had to spend so much to gain that status and have arrived.
The ladder will now be pulled up and any club wanting to do the same thing will be blocked by the new glass ceiling (FFP) rules. 2 years of £35 Mil debt will not be enough to repeat what City & PSG have done.
So there is now 2 Euro Club tier's Those who got in before the FFP and the ones now blocked out because of it. It will be Man Utd, MAN City, Chelsea, Barca, RM all the same faces season after season.
Also this stupidity must be illegal under EU competition law.
It is illegal under both British and European competition laws. We live in a democracy and if Uefa want to operate in Europe, then they must comply to EEC rules, otherwisethey must operate outside the EU. Simples.
ReplyDelete