soccer

Europe's soccer clubs caught between a financial pit and hallowed grounds

3 Comments
By Arno TARRINI

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Clubs are 'suffering' from the ridiculous salaries they are paying their players. The same players that were against the deperate European Super League idea (which was an attempt to raise revenue to pay them) and were unwilling to reduce their salaries during the pandemic despite their clubs losing millions over the past 2 seasons.

Clubs somehow need to be forced into fiscal responsibility by linking club revenue to salaries. In other words, a salary cap. In 2020 only 3 of 20 teams in the English PL had a wage / revenue ration of less than 50%. Four cubs were over 80%. It's unsustainable and also puts immense pressure on lower league clubs to pay wages that they cannot afford.

It isn't helped by having a few clubs who have Arab / Russian owners with limitless funds who can ruin the market, and by millions leaving the sport in the pockets of agents.

3 ( +3 / -0 )

@clipperty

totally agree with a salary cap.

it works in various sporting leagues around the world, & has made those leagues a lot more even & exciting.

Unfortunately, those clubs owned by billionaires will never even contemplate it

2 ( +2 / -0 )

Unfortunately, those clubs owned by billionaires will never even contemplate it

For the betterment of the game they shouldn't have a choice.

At the moment some clubs are operating without fiscal constraints; they can pay whatever they want. It ruins the entire market for every other club on its level and below who can't afford to do that.

Clubs, UEFA, FIFA, the PFA have to decide if they want a sustainable & competitive sport or not.

2 ( +2 / -0 )

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