Financial Fair Play benefits the ‘Big’ clubs. They are getting richer and the poor are getting poorer. This was not meant to be.
David Gill (pic above) former Manchester United Chief Executive and now UEFA Executive member, one of the architects of FFP, was asked to name by a group of journalists, just one thing that FFP benefited smaller clubs. He could not think of one, and said he would “go away and think about it”. They are still waiting for his answer.
Manchester City are the latest club to become disillusioned by FFP rules.
City, not a small club by any means, believe financial regulations drafted by UEFA to stop clubs going bust are being used instead to protect the status quo at the top of the game.
Debt – free City were fined £50m and forced to operate under a £49m transfer limit this season after breaching FFP. But rivals United were allowed to spend £150m despite being almost £400m in debt.
City believe the real motive behind clubs like United, Real Madrid and Bayern Munich in enforcing UEFA to implement regulations was to prevent owners like Cities Sheikh Mansour from investing their wealth in players and wages. FFP rules as good as make it impossible for another team to win the Bundesliga other than Bayern Munich. German clubs fear that the Bundesliga is now uncompetitive. That will happen everywhere eventually. Including the English Championship, Blackburn Rovers for example will be a very small fish financially. The ones with parachute payments and large fan base will dominate the division.
City believe, along with other clubs, that FFP is protecting those few clubs who were already geared up to be successful over many years. It’s the clubs who were already able to generate the most revenue that wanted FFP the most.
City look at it in terms of the established order, including Man United and Chelsea, protecting themselves.
Many football clubs, including Blackburn Rovers, believe in the business world you cannot tell people that they can’t invest their own money in their own companies. So no more Jack Walkers. FFP in effect, prevents successful business men investing in business.
Although everyone understands that there needs to be regulation in football, but just because a club is part of the established order does not mean they should be guaranteed success forever.
If owners such as Venky’s, for example, are prepared to lose £80m over 3 – 4 years that is their business.
Those defending FFP quote the old chestnut ‘look what happened to Portsmouth’.
Due to FFP a lot of clubs are now up for sale – the fun has gone out of owning an English football club. Owners all over the land are open to offers.
It is reported that just about every club in the Midlands are seeking buyers – Aston Villa, Notts Forest, Birmingham City and Wolves amongst them.
Owners have had enough – so have fans. No longer can a ‘ Knight in shining armour’ rescue your club, like Jack Walker at Blackburn or Roman Abramovich at Chelsea. The wind of change may be coming to FFP. Financial Fair Play faces a backlash from some clubs and fans in England and Europe.
Some clubs, Man United, Chelsea and Arsenal, pulled – up the draw bridge before FFP kicked in.
Obviously FFP suits some, it is a reason not to invest in players and wages, such as Newcastle and Burnley for example.
How will this effect Venky’s / Rao family, what are their views on the matter ?.
We will never know – they never tell us anything.
We are still awaiting Mrs Anuradha Desai’s explanation for the sacking of Sam Allardyce in December 2010, and the appointments of ‘advisor’ Jerome Anderson and manager Steve Kean, that lead to an ‘outrageous Premiership heist’ and the ruination of Blackburn Rovers. Hence 12,000 missing fans from Ewood Park and still missing. All due to no explanation from Mrs Anuradha Desai.
Maybe Gary Bowyer could ask her on his trip to India next month !.