World Cup Spread - Get your football clubs in order

 

Tough new guidelines from UEFA make clubs operate within their means from the start of the 2012/13 season. The move is set to bring more discipline to the club finances and also remove the pressure from the player's salary and transfer fees. Clubs will have to compete within their revenue. UEFA believes it will encourage investment in infrastructure, sports facilities and youth academies. It also believes it will help clubs sustain themselves in the long run and settle their obligations well in advance.

The break even clause is a new departure for UEFA, where the clubs will be monitored for 3 years. They are not allowed to spend more than they earn on revenue, give or take 5 million. They will be able to use what they like in ยูฟ่าหลังโควิด, training facilities, youth academy and their community.

However, the huge investments from billionaire owners will be cut sharply. During the 3 seasons, they will only be able to deposit 45 million euros during the break to help pay salaries and transfer fees. This means that if the club owners want to buy into the Champions League, they can not. Sounds good in principle to stop the big clubs that spray the cash, but it also stops the smaller clubs like Fulham that have a mega rich owner. They will not be able to spend more of Al Fayed's money over the 45 million euros, the same amount as Mr Abramovich down the road in Chelsea. Then suddenly it's not so fair anymore, as Fulham also would not have the same revenue stream as Chelsea or the ways to increase it.

Currently, most Premier League clubs are in order. But Aston Villa, Chelsea, Man City and Liverpool would all set alarm bells for UEFA with the huge losses they incur. It seems that the huge debt that some of the big clubs have will not be taken into account at the moment. The system will only be used as a monitoring tool at the moment, and clubs will not be banned from UEFA competitions. They would first be warned and put under review before being banned.

Another part of the clause says that clubs are not able to owe rivals, players, staff or tax authorities at the end of the season. They hope to avoid what happened in Portsmouth, which went into administration due to millions in transfer fees, taxes and VAT to name a few. I think I read somewhere yesterday that they had offered to pay their creditors 20% of what they owed them. A recent report on European clubs said that 50% of them lost and that 20% were in serious financial danger.

In other World Cup Spread football news. Michael Essien is unable to recover from injury and has been left out of Ghana's squad. Javier Hernandez becomes a Man Utd player on July 1 after receiving a work permit, and the World Cup in South Africa beat Colombia 2-1 in a friendly match at Soccer City Stadium.

And finally, while South Africa beat Colombia, the Colombians had their hotel rooms inspected by two of the employees who exempted them from their money. They were later arrested. Hope the security increases a bit over the next few weeks.