UEFA Concerned With Player’s Pay
August 4, 2009 by Jyle Dupuis
Filed under UEFA Champions League, UEFA European Championship
Well it was bound to happen – and it seems like it is going to happen. The UEFA is finally concerned that players are getting paid too much money. With players getting some of the highest paid sports contracts in the world only clubs with deep pockets are able to compete.
UEFA President Michel Platini voices concern over player pay inflation.
If you’re not a club that can spend like Manchester United or Real Madrid you may as well not even try to compete. And where is all of this money coming from? Well European soccer has just been hit by a wave of Middle Eastern investors who stumbled on excess cash after the oil boom. This at the same time when western industries went down and under. With ING pulling out sponsorship with Man. United someone has to fill the void, right?
Well that’s not all. Higher prices and decreased funding means that allot of clubs are turning to loans to help pay the inflating prices for good players. What this mean in the long run is that fewer clubs will be able to compete at all and will have to fold.
Interesting that soccer has kind of become a game of Monopoly. And, like Monopoly soon there will be no one else to play with on the board and it’s Game Over!
Image: Newscom
