Speaking of little money

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Entertainment - Sports
Friday, 12 June 2009 00:07

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Sometimes when I read or listen to fans, journalists, presidents and players talking about results, powerful and successful sports teams, I fall into the conclusion that all are dazzled by all that seems to matter and reality is that all that seems to glow, is not gold.

In a report released several days ago by the newspaper The Guardian, it was clear that football transcends business rather than the sport itself and in the case of the Premier League, the forecasts are worrisome for the future if teams continue to accumulate debts .

The 5.000 million to be the twenty clubs in the Premiership, assume a priori an infinite number of achievements, but this is far from reality. While television contracts doing his bit to raise revenues, the proportion is inconvenient for the clubs, who see their money comes more often from entering.

Manchester United should be 1.146 million dollars, is the second in the list led by the mighty Chelsea, $ 1,150 million and according to The Guardian, this information should have come voluntarily to the club's own statements against the official body, Companies House but so far, no one said a word.

In the case of the "Red Devils", the Glazer family, who bought the club in 2005, would have transferred the monstrous debt to the club itself, where that money came from financial institutions and something similar happens to Liverpool, to be 303 million of dollars through unfulfilled commitments and their owners with foreign investors. Some live barbarians!

One solution that is strictly managed to solve this situation is to set salary caps, which seems feasible given the number of legal obstacles that exist in England and all the specialists confirmed that the arrival of Real Madrid Florentino Perez, will worsen the financial situation club face wage pressures that they must stand by the players.

Is this the richest football? Some said that the phrase "the tree can not see the forest ..."

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