UEFA tell clubs how to run their finances

[jas72]

http://news.bbc.co.uk/sport2/hi/football/europe/8709871.stm

Basically unless they are getting loans from the bank for stadium or training facilities they will not be allowed to borrow from the bank in order to buy players.

Strangely it is also reported in this article that

"Big cash injections from wealthy benefactors like the owners of Chelsea and Manchester City would also be restricted under Uefa's Financial Fair Play plan."

I have two views on this.

1) The days in which clubs are associations run by governing bodies is over football is big business and denying the possibility for a club to improve it's lot by taking a bit of debt doesn't seem financial "fair" to me at all. Also
I find it bizarre that clubs cannot use money given from their owners to spend on the transfer market.

2) This just further entrenches my view that UEFA is all about protecting the 10-12 big clubs in Europe and using every opportunity to ensure that barring a miracle team and manager those same 10-12 well funded teams win every time (this started with the champions league back in 1992).

Just look at the following headline in the BBC

Champions League winners 'net 120m euros'
http://www.bbc.co.uk/news/10139191

What are your views on this?

 

[jas72]

UEFA aren't telling clubs how to run their finances, they're simply saying if they take the **** a la Chelsea/Man City/Real they won't be playing CL football, and rightly so. What's happened over the last 5 years is nothing short of complete absurdity

Only in football do we have this completely nonsensical idea that businesses can run at a loss year after year after year with no regard for proper conduct, and nobody even bats an eyelid. It's a strange, strange bubble that needs to pop.

But if the banks and financial benefactors are willing to take the hit why not?

Under what circumstances can smaller clubs compete with the likes of Man U Liverpool and Aresnal. From what I can read the size of your support should be the dictating factor in what you can spend keeping the well supported teams at the top since they will be the only teams who can spend the most.

Apart from the fact that this will be a pretty unworkable situation unless UEFA plans to waste 1000s of Euros hiring accounting firms in the 40+ countries that currently compete in the Champions/Europa leage.

 

[jas72]

Glad it's sparked some debate and good points from both sides guess we'll need to see how UEFA plans to implement these rules and what they bring for the next 4-5 years.

After witnessing tonight's match something needs to be done. Semi final and 6-1 on aggregate