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Financial Fair Play: Football Throwback or Necessity?

by Radhe Gupta
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The main requirements of the FFP boil down, in fact, to the fact that the club’s investments in transfers and the salaries of football players should be limited to its financial turnover. But this thesis immediately raises two logical questions: 1) How can a club increase its turnover without additional investment? 2) Why does UEFA have the power to dictate the investment model in football? 

This summer there were no scandals with financial fair play. Teams were not very active on the transfer market but still there were some interesting deals. Will this lead to changes in modern football? Interesting football events for betting can be found here – https://22bet.ng/line/Football/

The FFP was put into operation just a year after Sheikh Mansour acquired Manchester City, and Real Madrid signed Cristiano Ronaldo, Kaka, Xabi Alonso and Karim Benzema in a one-stop-shop, as if showing that he is able to create everything in the market that only pleases the management of the club. For this reason, UEFA, concerned with rising spending in football, has decided to put in place an FFP to protect the solvency of as many clubs as possible over the long term.

The idea was for everyone to be corny living within their means. The thesis seems to be absolutely honest and conscientious, unless you start digging deeper into it. In fact, tying club transfer budgets to revenue generated automatically favors teams with higher incomes. In other words, the richer clubs had the opportunity to continue to live on a “grand scale”, and UEFA, through the introduction of the FFP, simply historically consolidated the football hierarchy formed at that time on the continent.

The German Bundesliga is one of the prime examples of how it all works. In Germany, clubs have traditionally tried to work on principles very similar to FFP. In terms of financial stability, few European leagues can compete with Germany, but purely in terms of sports, the Bundesliga has long lost its charm and unpredictability. Too much here depends on Bayern, which is overly rich, and periodically buys up talent from competing teams, throwing them back in sports development for years.

FFP supporters can point to Atalanta, which has achieved amazing results in Italy thanks to its leaders’ smart investment and profitable sales policies. However, do not forget that the success of Atalanta is a kind of death sentence for clubs such as Milan, Roma or Lazio, which were previously incredibly successful and are now experiencing a fundamental crisis, although the Rossoneri and trying to get out of it at the moment. In other words, a holy place is never empty, and when the former grandees ended up in the pit, Atalanta simply came to their place, whose model of work finally “fired”.

Obviously, Atalanta’s path is correct and promising in football, but is this club capable of competing with the giants at a distance for a long time? In the end, do not forget that Milan, Roma or Lazio have significantly greater economic opportunities, and therefore at some point they will probably be able to return to the top when even the slightest hint begins in the conditional Atalanta to the crisis.

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