Football
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18 Jan 24
18:48
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14 Jun 05
this nonsense is going to destroy football. man city have only won one champions league during their dominance of english football.
ok, they have won 5 of the last 6 premier leagues. so what? the football they have played is incredible. FFP gives an advantage to clubs like MAN UTD who have huge revenue. how are other clubs supposed to break thru? the main reason for city's dominace is due to their superior transfer dealings over man utd's disaster dealing in the transfer market. how is any team in spain supposed to break the barcelona r madrid duopoly when the latter two have such a superior revenue from which to dip into?
how can any club stop PSG from winning the french league when their superior revenue lets them dominate. and lets not take about germany, where b munich have won the last 10 leagues. it would be great if some billionaire could buy a german club and out spend munich to stop the insane dominance.
if man city are relegated and their premier league wins taken from them, it will be a disaster for football.
what about PSG? how could they have had messi, neymar and mbappe on their books and not have broken the rules? im not suggesting they have. are they being investigated?
ok, they have won 5 of the last 6 premier leagues. so what? the football they have played is incredible. FFP gives an advantage to clubs like MAN UTD who have huge revenue. how are other clubs supposed to break thru? the main reason for city's dominace is due to their superior transfer dealings over man utd's disaster dealing in the transfer market. how is any team in spain supposed to break the barcelona r madrid duopoly when the latter two have such a superior revenue from which to dip into?
how can any club stop PSG from winning the french league when their superior revenue lets them dominate. and lets not take about germany, where b munich have won the last 10 leagues. it would be great if some billionaire could buy a german club and out spend munich to stop the insane dominance.
if man city are relegated and their premier league wins taken from them, it will be a disaster for football.
what about PSG? how could they have had messi, neymar and mbappe on their books and not have broken the rules? im not suggesting they have. are they being investigated?
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This was in April of last year!
Somehow, after submitting a disastrous financial report for their past few seasons and enduring the heaviest financial losses for three years, PSG will still be safe and within the boundaries of the Financial Fair Play, Le Parisien reported on Monday. This news, seemingly confirmed by the French newspaper, mean that PSG will have "no limits" to keep spending money wildly from next summer until 2026 when things will their accounts will be re-evaluated after another three-year period. PSG reported a monster €717m in losses over the last three seasons, which obviously was something expected to put Paris Saint-Germain in peril of not having a lot of money available in future transfer windows. Now, all of a sudden, things look good on the financial front with PSG cleared to keep their spending spree going until 2026 after making it to the good-guys club under the FFP rules. Did Nasser Al-Khelaifi work some magic? According to the new rules of the FSR (Football Social Responsibility, the new name of Financial Fair Play), European clubs must not exceed €60m in losses over three years. PSG crafted an interesting plan to dodge this bullet, losing all of that money in the first year (the ongoing 2022-23 season) and then earning a profit for the next two seasons in order to avoid any potential trouble. The club's revenue streams are growing strongly, according to projections presented by PSG financers to UEFA. They expect the numbers to increase by more than 20% this season to reach the record amount of €800m next year. According to a study published by Deloitte in January, PSG also led all European clubs with €132m in revenue in 2021-22, even with the limitations that playing at a tiny stadium like the Parc des Princes imposes on the team. The accounts are healthy, but PSG might try to unload the wages of Lionel Messi and Neymar Paris Saint-Germain don't want to sleep on their laurels, though, and might explore the departures of both Lionel Messi (not extending his contract past June 2023) and Neymar (selling him to anyone interested). That would lower the wage bill incredibly for the PSG organization. Its a farce. FFP ringfences the already rich clubs and prevents other clubs from breaking into their 'little circle' |