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www.soccer lens.com
Manchester City one of the most spending teams |
It was not long when football was all about the passion of playing the beautiful game. Recently money has taking the centre stage in the world of football with wealthy clubs taking advantage of the resources they have at their disposal. More investments has gone into soccer with wealthy people in the world investing in teams and also willing to do anything to benefit from their investments. We have teams like your Real Madrid, Manchester City, Chelsea, Paris Santi Germain which are willing to pay out any price to get the players on their wish lists. One would not forget the spending spree all this teams above have spend in the past since the takeover of their new owners with them speeding a larger amount of money between them like:
- Real Madrid has spend over £180million on the acquisition of their current players the likes of Christiano Ronaldo, Kaka, Karim Benzima
- Manchester City have been the busiest team recently as they have spend over £9330,4million on the current crop of players they have in their disposal since the takeover of the wealthy Abu Dhabi royal family
- With teams like Chelsea having spend a whooping £2billion since the takeover of the Russian businessman Roman Abromovich back in 2003
- While teams like Paris Saint Germain have already spend over €200million on players from last year since the takeover of new owners
This goes to show that money has taken over the world of football as teams spend heavily on players to win silverware. But we also have teams like your Manchester United, Arsenal, Barcelona and others which do not spend such amount of money but they have been doing good, yes some would argue that a team like Arsenal have not been winning silverware because of their tight budget but it has been the case even when they were winning they did not spend such amount. The question is that are this teams buying glory? or a team wins because it has passionate players who are willing to play their heart out for the team under any circumstances? Even back here home teams are starting to spend on players what about teams that cant afford such players. Yes every team is on its own but this big name players when they fail at the top teams go back to the so-called small teams which cannot afford their salary demands. Does spending a lot of money guarantee you success?
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telegraph.co.uk
Michel Platini addressing the European clubs of the new
rule of Financial fair play |
This type of spending has sparked a lot of concerns from the UEFA Presidnet Michel Platini to introduce the new rule of "Financial fair play" that will require team to spend less than what they are spending so far. This is because of the record loss of the 2009-2010 season whereby European Football clubs recorded a net loss of €1,6billion (£1,3bn) and total debt of €8,4bn. Some of the teams affected were Man U as one of their owners lost a whooping £121m. The introduction of this new rule does not mean that teams must not but quality players even though they have wealthy owners, just that the teams must balance their books as they intent to depend more on their owners in the later stage because of their heavy spending in the past.
