http://www.soccernomics-agency.com/?p=454
Interesting...always seemed somewhat short sighted as a regulation.
Interesting...always seemed somewhat short sighted as a regulation.
Interesting post. It will preserve the current status quo that is for sure ("Fossilization of the existing market structure (i.e. the current top clubs are likely to maintain their leadership, and even to increase it);
We are all equal, but some are more equal than others.Former UK Chancellor, Nigel Lawson I think, can tell us why FFP will never work. On " Black Friday" he failed miserably in his attempt to manipulate the markets, and watched on helplessly as UK interest rates hit 18% !!!
In Australia we have a form of FFP called Salary Cap covering Football, Rugby, Rugby League and Australian Football. It's been around for years.
The same top 4 or 5 big clubs win everything, the small clubs win nothing and stay small. The salary cap never allows small clubs to get the players they need to become big clubs.
EUFA will learn that you cannot legislate to make everyone equal, the market will beat you every time.
you cannot legislate to make everyone equal, the market will beat you every time.