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Old 06-01-2010, 19:58   #1384
Damien
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Re: Football : Season 2009/2010

Quote:
Originally Posted by TheDaddy View Post
No they aren't designed to stop it, you can still be mortgaged up to the hilt to banks

Platini added: "If a club can get loans from a bank to buy players and is able to pay back bank loans then it is not a problem.

Not a conspiracy, Chelsea are in on it pffft

"It's mainly the owners that asked us to do something - Roman Abramovich, (AC Milan's) Silvio Berlusconi, (Inter Milan's) Massimo Moratti. They do not want to fork out from their pockets any more," added Platini.

http://news.bbc.co.uk/sport1/hi/foot...pe/8225941.stm
I said it was to stop clubs just getting buckets of money from wealthy owners (who write it off because it's the cost of buying the trophies) not to stop bank loans. In theory there is nothing unfair about bank loans because they are secured against some assert and have to be paid back. The club can't just get, say, £300 million to buy a new team without a drawback.

It is funny that Chelsea asked for it though. LOL.
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