Hey football fans
So the transfer window shuts in two days and football clubs across the world are frantically working to secure players for the new season, its a time for rumours and crazy amounts of money being spent on players who I feel aren't worth that time of money.
Yes football is a global sport and we all love it but a large portion of that money is now concentrated in European Leagues like the EPL, La Liga, Bundesliga and Serie A.
These are the leagues where teams spend huge amounts of money to acquire players they feel will perform on the field and sell shirts and ads off the field.
As the reach of these clubs expands outside their host nation so does the demand for merchandise and TV rights to watch these games.
Both these value chains have an insane amount of middlemen all helping to inflate the price and lock you into purchasing overpriced goods such as pay per view programs, satellite TV subscriptions and overpriced branded shirts fanatic supporters don't question and keep buying each year.
Influx of money
This continued influx of money and rising revenue has encouraged clubs to leverage large amounts of debt with banks or rich shareholders to create larger stadiums and purchase players with funds they do not have, as the promise of exponential growth and returns keep these clubs afloat even if the books don't balance.
Image source: - givemesport.com - A review of club spending on transfers only
Where does the money go?
This large injection of cash goes to shareholders but we also see a substantial portion being pumped into the football player market.
We now see players regularly costing 50 000 000 pounds or more and wages of 120 000 pounds a week are slowly becoming the standard, with elite or so-called elite players earning 2 or even 4 times that per week, regardless of if they play or not.
If you thought crypto was volatile and based on thin air, then I don't know where they get the valuation on some of these players.
Too little work, for too much money
Don't get me wrong I think what many of these guys have to go through to become a top footballer is worth a pretty penny and careers are short but there has to be a line on what a player can command in terms of a salary and transfer fees.
If not we're going to see Billion Dollar players in the near future. It's already started to reach a point where clubs are putting up insane prices on players and getting these valuations due to the desperation of other clubs who want to sustain their top spots and spending well over market value or within a natural budget.
Fifa has tried to put into practice financial fair play to curb this financial doping but so far it has not slowed down the top clubs from shilling out millions if not billions each season on players.
This type of spending only serves to extend the gap between the big and smaller clubs with the bigger clubs having their pick of the best players and not having to focus on building a team or looking at youth, they can simply pouch the best players as they are groomed by another club.
This to me ruins the essence of the game and why we enjoyed the unpredictability of football, in fact, this current system is fast becoming stale in my opinion.
Have your say
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