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Old 06-01-2010, 22:41   #1388
Damien
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Re: Football : Season 2009/2010

Quote:
Originally Posted by TheDaddy View Post
He does but by turning the money he puts in into extra shares he doesn't burden the club with debt, unlike what Abramovich has done.

It's the way football has always gone, it used to be local millionaire business men putting their cash in, now the game has grown it's foreign billionaires, imo they aren't the problem, the problem is people trying to make a quick buck from the game, the Glazers and Hicks of this world and the people that never had the cash in the first place like at Pompey, they are the problem UEFA should be addressing.
Those clubs eventually suffer as a result. Leeds got massive bank loans to try and become a massive force and they almost destroyed the club, 2 relegations, lost ownership of the stadium and training ground, and all their players. There is a incentive to be responsible with their credit because it will limit a clubs options in future. There is a kind of balance there that allows clubs like Arsenal/Villa/Spurs to compete.

Man City and future clubs with the same system can spend, spend, spend without any natural limitation because profit and sustainability are not concerns for their owners. Winning titles is the main concern. Any time a player is better than a existing player in their team they will simply buy them.

No other club will be able to compete at all. Football will be the playthings of billionaires who spend their own money. It doesn't matter if you get champions league football money, it will be a drop in the ocean of what these teams will pay.

I agree UEFA also need to stop scammers from coming into the game to make a profit. Owners need to be responsible and run the club probably, so no stealing from the club when you first arrive and no spending excess sums of money just to distort the league. All clubs should be business with the responsibilities that entails.
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