finneh
Full Member
- Joined
- Jun 28, 2010
- Messages
- 7,319
In other news the sky is grey in Manchester.
FFP was an idiotic and non-workable idea in the first place, that set out merely to prevent investment/competition and solidify the status quo in perpetuaity; rather than to protect clubs from financial destruction which was the main aim.
It was obvious from the word go that the governing body couldn't tell City that their obviously inflated sponsorship deals weren't "fair value". They'd just argue they were and would point of Bayern/United etc as examples of clubs with similarly huge commercial deals. That's when lawyers would be involved which would only end one way.
Outside investment is fantastic for Football as we've seen with the popularity and fierce competition in the Premier League; however clubs do need to be protected against unscrupulous owners who leave clubs in a dire financial situation. FFP did absolutely nothing to prevent this as by the time sanctions are introduced (if ever) a club would already be too far gone if an owner pulled their support.
FFP was an idiotic and non-workable idea in the first place, that set out merely to prevent investment/competition and solidify the status quo in perpetuaity; rather than to protect clubs from financial destruction which was the main aim.
It was obvious from the word go that the governing body couldn't tell City that their obviously inflated sponsorship deals weren't "fair value". They'd just argue they were and would point of Bayern/United etc as examples of clubs with similarly huge commercial deals. That's when lawyers would be involved which would only end one way.
Outside investment is fantastic for Football as we've seen with the popularity and fierce competition in the Premier League; however clubs do need to be protected against unscrupulous owners who leave clubs in a dire financial situation. FFP did absolutely nothing to prevent this as by the time sanctions are introduced (if ever) a club would already be too far gone if an owner pulled their support.