very flawed concept.
there's nothing stopping big clubs bumping up their merchandise sales or renegotiating their sponsorship deals just like man city did. city linked their shirt sponsor to the sheikh's private company which means they can stream endless amounts of money into all areas of the club.
as mentioned already, it also means there'll be less competition for the premier league title which is probably one of the reasons our board are huge advocators of the concept. no more teams challenging for top 4- no more PSG, malaga, chelsea or city being made overnight. and if uefa do decide to stump up fines for clubs who aren't in compliance or even dock points, we'll see the emergence of a european super league very soon.
As I understand it, which is not that much, the accounts for this (and last) season will be monitored along with the next 1/2 so any punishment wouldn't be for another couple of years anyway. The punishments handed out so far are different because they deal solely with overdue payments.
I don't think the stricter rules come in for another few years yet anyway, so there's still a period of bedding in and organising massive sponsorship deals with your half brother...
Wonder what Wengers excuse will be when this comes in to play and as expected it doesnt change much and we are still a bit shit?
Hope this leads to a European Super League.
A must get.
The King Is Back.
Clubs living within their means should be a fundamental concept as it applies to about every other corporate entity in the world. Spend more than you earn and you are on the fast track to financial ruin. The real question is whether UEFA can properly audit and enforce such rules and outlaw ridiculous contrivances such as Mancity where basically the same company own the club and throws a colossal sponsorship deal completely out of kilter with economic reality at them. Or ManU who have a separate deal for their club kit and the training bib. I mean how ridiculous can you get?. <Maybe we can get someone to sponsor out toilet rolls at the emirates crappers.
UEFA if they mean business should also enforce more equitable television deals across the individual leagues and stop the lopsided deals that Barca and Real have in Spain that stifles the other clubs and perpetuates the Hegemony of those two. When will anyone other than Barca/real win the Spanish league.
If we need any other example of why this system works you should look at the US where most teams have near equal spending power and the respective championships are not the predictable 3 or 4 team round table that you find in the EPL for instance.