Cibaman wrote:Isn't it a Profit test rather than turnover? In which case it would also affect highly indebted clubs such as united, Real Madrid & Liverpool.
I think the emphasis of the changes they are going to implement is on the protection of the clubs. It's very different from a salary cap like we have in league which is intended to be competition levelling so clubs are able to grow if they perform well, without having to chase the 'big' clubs with money they don't have.
The report they are basing it on states that 20% of the football clubs in Europe are in a 'dire financial state'. There are many, many others which are organised in an incredibly fragile way, with the entire foundations of the club teetering on the health and financial stability of one or very few individuals.The early reports state they are going to give clubs time to restructure themselves to meet the arrangements.
With the banning from European competition they are stating as the main punishment for clubs in breach of the rules this could also be another big push for the financially irresponsible clubs to form the mythical "European Super League". It'll happen eventually and this could be another prod at the bee hive.
How they do it and what they come up with is obviously still up for discussion, but the necessity for them to do something seems to have hit home with the football authorities now. There are plenty of clubs on the verge of financial disaster and I was listening to the radio yesterday and a guy from Deloite & Touche was saying it'll only take one major club to actually collapse for the house of cards that is happily swaying in the wind to come tumbling down.
It's such a hypocritical sport football. It's promotes how important and 'big' it is, trying to justify transfer fees that would build regional hospitals in a lot of countries and weekly wages that would feed an entire settlement for a year. Then it makes massive losses. This is where the feedback to looking at wages and transfer fees breaks down, no one says "Actually, you know, we can't actually afford to pay you £250,000 per week son, how about £25,000?".