August 2010
Source: Arsenal Arsenal
Published 2 hours ago
Written by Red Arse
O.K., with the transfer window coming to a close very soon, it might be worth having a look, again, at the new UEFA Financial Fair Play Rules, which will, in conjunction with the new EPL Home Grown Players rules, change forever the way Clubs administer their finances and have a huge knock on effect on the valuation of transfer values and players’ wages.
The background to this new onslaught on the financial funds sloshing around European Football is undoubtedly specifically aimed at the English Premier League clubs.
Unlike the prudent Gunners, many clubs in the PL are funded to a greater or lesser extent by sugar daddy owners. The most notorious abusers of the current Premier League financial laissez faire has been for many years the Chavs, where Abramovich has poured hundreds of millions of pounds in “loans” to bolster what was essentially a bankrupt club.
This money was poured into acquiring players, at hugely inflated prices and wages, with which no club other than, peripherally, Manure could compete. This tactic of collaring the market for the best players, eventually won the braggart Mourhino the PL. Boo!
The Mancs have also been funded...
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