Sunday, 11 March 2012

OPINION: Football finances

Football (soccer) finances in the UK have been a mess for decades now. Clubs overspending on players who receive gargantuan salaries, underwritten by sugar daddies as hobbies, few clubs, in their current state, are sustainable.


Television money, instead of helping the situation, has made things worse with the bulk going to hyper-inflate the greed of players and their agents and most times, it seems, a club gets into financial difficulty there's an outcry and everything is done to keep the club going. New owners, new money (often temporary and with no guarantees) and just a few years until the same problems happen.

Other clubs, like Manchester United, are in so much debt that if they were any other business they would have been buried long ago.

The troubles at Rangers, probably the biggest UK team to go into administration, have, surely, given a number of clubs a wake up call. It is only a matter of time before a major club, or two, ceases to exist.

Yes, it would be sad if some clubs go to the wall but if they are not sustainable then that should happen. A few clubs going out of business would be a good thing for football because it might mean that the rest get their Ccounts in order and learn to live within their means, or, at least, within reasonable overdraft facilities.

But is the current system sustainable in the long term? I don't think so.

I maintain that the UK, not just England, can only really sustain 16 top flight teams. Too many at the bottom half of the Premier League spend heir time going up and down between the Championship and the Premier League. It could probably be argued that there are only 10 or 12 genuinely Premier League teams. This is a nonsense and, added to the financial chaos that is found at man clubs, it is not a sensible way to continue.

I think it's time that the F.A. took a look over the Atlantic and seriously considered a franchise system.

A franchise system would require financial certainty and propriety, and would be a positive way to ensure no more Rangers or Portsmouthhs happen.

Yes, those teams who don't make the cut will be upset but, hey, that's life. the clubs could continue as semi-professional or amateur teams and, consequently, have a much stronger and safer future.

As part of the franchise system, I think it's important that we move to a UK league. Having separate leagues and FAs for each constituent part of the UK is just a nonsense.

So I'd suggest a Franchise Premier League would have 3 London clubs, geographically spread around capital and neighbouring counties, a Welsh team, a Northern Irish team, possibly 2 Scottish teams, a team in North East of England, 2 or 3 North West teams, a southern team and a south west team. One team in East Midlands and 2 in the West Midlands.

And that's it.

If a club develops financial problems they lose their franchise, simple.

A franchise system would demand greater financial openness.

And, to help the clubs, I'd suggest an "average salary" cap for the first team squad.After all, it is the greed of the players that has caused many, if not quite all, the financial woes of clubs.

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