Monday, November 21, 2011

Financial Fair Play

There are many theories of what should be done. Some are radical in that teams should be removed from European competitions and others are sensible. What should be the case is that each team needs to get out of debt first. No team should be able to pay money they do not have. That doesn't mean they can't make long term contracts based on money they do not have but it means they cannot bid on players and promise them money they do not have. When a team makes a profit the owner should be in charge of how much money is put into transfer and salary spending. Once that is resolved the manager or the owner bids on players with that money. They also need to be sure that the contract the player is solving can be paid off by the end of his contract. If he gets transferred in the middle of his contract that is the other team's business. Teams like Barcelona shouldn't be getting Alexis Sanchez if they are in millions of dollars of debt. Manchester United shouldn't have been able to get De Gea, Ashley Young or Phil Jones seeing as they are in tons of debt as well. If this system of Financial Fair Play is broken then the team gets negative x amount of league points, x being the number of dollars in debt in millions they will be.

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