Football clubs relentlessly pursuing new revenue streams around the world to meet rising costs and losses. Those costs are related to their wage and transfer spending. Why don't they try and rationalise that part of the business first? Why always focus on more income?
This is governance question again. If two or three clubs are driving up costs that make the entire industry unsustainable, shouldn't those that run the game be coming up with solutions? Lots of talk, little action.
Talk in UEFA circles of a luxury tax. But I don't see how that equalises anything. How many clubs will that luxury tax (amount imposed on club that wants to spend more than a ceiling) be paid to?
In Italy, a club that hasn't paid its salary for months has won the league, while some that do have either been relegated or missed out on European football. Where is the lesson there?
PSG’s position gets to the heart of governance issue. Not only is it one of UEFA’s top clubs, it also shares ownership with UEFA’s biggest customer, BeIN Media Group. Top man at both companies also sits on UEFA’s board. Try sanctioning them. nytimes.com/2019/07/24/spo…
More focus should be on actions (inaction) of rule makers, governing bodies than on the clubs. PSG, City, Chelsea are behaving rationally. They will do as much as they can get away with, same as any other club.
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