Man City's money pit (1 Viewer)

[Paxman II]

What really concerns me is the crazy money that is ruling football now and ruining the fair competition that the sport should be about.

It is a disaster waiting to collapse and one which takes the piss out of fans. If CCFC could spend untold amounts on players above anyone else would you feel you had bought the Champions League rather than won it? It kinda lessons the joy of the process doesn't it?
Football in the premier league is out of control. As you pay upwards of £60 for a game and players earn more than a million quid a MONTH who exactly are the fools?

Some sense needs knocking into the game surely? It's simply not sustainable under the current system. It's offensive. The collective greed of the Premier league and FA is clear for all to see.

 

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[covladzak]

I would be a bit angry if I supported Man City...The money they pay in fees and wages, they should never loose a match.....
I do wonder what will happen when their owner gets fed up or bored with throwing his money away....

 

[SkyBlue_Bear83]

The owners won't be there forever, prolonged success is built on good scouting sytems and good youth academy.

 

[rob9872]

All teams 'bought' it - just relevant to the times, prices and starting platform. United and Real Madrid have done the same, when Liverpool were the big team they paid the most and could attract the best players. It's many years since a team entirely nurtured through has won it.

As for their cash its good for the gmae. The money is spent on and stops it sitting in a Sheik's account but sees it in the UK and teh wages they earn are 40% tax into our economy so that we pay less.

 

[Disorganised1]

Except they're paid into corporate accounts held in the Channell Islands, or some oither tax haven. That should be stopped all player contracts should be as individuals and held by their club - not for example like Chelsea where Abramovich holds the contracts. And where does he pay taxes ?

 

[egastap]

The rich clubs get richer and the poor clubs get poorer. The sooner a salary cap is installed the better it will be for all clubs. Sorry to have to say this, but the Yanks are way ahead when it comes to levelling the playing field. Not perfect, but better than.

 

[Paxman II]

Our own Jimmy Hill was the man largely responsible for getting rid of players wage ceilings. Now that has come back to bite us but he never envisaged wealthy owners of the likes there are around today.

The main problem i have personally is the fact these clubs are not run as businesses in the sense of the word. Man Utd Rob are run that way and have huge debt that may sink them in time but when a personal fortune can be allowed to be placed into a club without the checks and balances then it simply becomes an individuals play thing as with Abramovich to a large degree as Chelsea could never ordinarily support the debt the likes of Man Utd and Real Madrid can.

It's plain wrong and if they allow it to such fashion then lets see these wealthy men allow the football to be watched for free? It wouldn't hurt them would it? If they can pay several players a million squids a month then let the fans watch for free.

 

[ajsccfc]

I do wonder what will happen when their owner gets fed up or bored with throwing his money away....

People have been expecting Roman Abramovich to up sticks and walk off for many years now, I'm not sure why.

 

[egastap]

Our own Jimmy Hill was the man largely responsible for getting rid of players wage ceilings. Now that has come back to bite us but he never envisaged wealthy owners of the likes there are around today.

The main problem i have personally is the fact these clubs are not run as businesses in the sense of the word. Man Utd Rob are run that way and have huge debt that may sink them in time but when a personal fortune can be allowed to be placed into a club without the checks and balances then it simply becomes an individuals play thing as with Abramovich to a large degree as Chelsea could never ordinarily support the debt the likes of Man Utd and Real Madrid can.

It's plain wrong and if they allow it to such fashion then lets see these wealthy men allow the football to be watched for free? It wouldn't hurt them would it? If they can pay several players a million squids a month then let the fans watch for free.

You're correct Paxman, Jimmy Hill was the architect of the wage abolition ways back. Unfortunately back then players were paid a pittance, and I'm talking real rubbish. For instance players like Ronnie Rees and Dietmar Bruck's era were paid about 60 to 80 quid a week, which was about 4 times the 'ordinary blokes' (who worked, let's say at places like Massey Ferguson who were on 21 quid a week back then). So it was really on the cards that the players got more of the gate receipts than they had been. The owners and board members made a killing off successful teams back then. It was probably the right and honest thing to do back then.

More unfortunately, it has gone a complete 180 degrees, with the players and their lepers (agents) are now making that same killing and creaming off all the money. Even 'average' players make way too much. The ratio of footballer to 'ordinary' worker is a lot higher now isn't it? Don't live there any more so can't say what the average Joe is making, but I'm sure some of our maths experts will shed some light on it. Sad to see the beautiful game gone this way, but the only answer is to cap salaries in accordance with the means to pay...which apparently is not that far off.

 

[Paxman II]

I'm against 'capping' in many respects as I'm a believer in the free market but there must be exceptions to the rule and this is one of them. You are correct in identifying the ratio of wages earned by a footballer to that of the 'ordinary' folk who must pay high prices to go and watch them. Don't even get me started on offshore accounts and company formations that players and clubs hide behind.
The fact is everyone involved with football at the highest level is complicit in all of this....

 

[We'll_live_and_die]

All teams 'bought' it - just relevant to the times, prices and starting platform. United and Real Madrid have done the same, when Liverpool were the big team they paid the most and could attract the best players. It's many years since a team entirely nurtured through has won it.

As for their cash its good for the gmae. The money is spent on and stops it sitting in a Sheik's account but sees it in the UK and teh wages they earn are 40% tax into our economy so that we pay less.

I think Barca must be the closest to nurturing their own talent. I'm not sure on who but I know Fabregas and Messi came through the ranks there. They definitely grow good talent.

 

[Macca]

have a worldwide wage cap of 10K a week. Thats still 520 K a year. Trying to tell me the players would give up and do something else for a living? Like what?

 

[Covstu]

i couldnt live on that!!!