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Money - Man City, Spurs and Arsenal


MONEY TALK


An interesting point made on Twitter by Just Tottenham News - If or when Manchester City sign 28-year-old (29 in December) striker Alexis Sanchez from Arsenal, they will have spent almost £500 million (€543.37m - AUS$815.62m - US$643.70m)  in 14 months, which is more than Tottenham Hotspur have earned as a club in the last 2 years!


For those of you who follow the transfer deadline day all evening, it closes at midnight, however, if a club have submitted a 'deal sheet' to the Premier League an hour earlier, by 11:00pm, then they have an extra hour until 1:00am to complete the transfer.

An excellent read - Impact of Rules on Arsenal

It is an Arsenal account of why a side can't just whack their wags up and helps to explain why Tottenham can't simply pay the wages the five clubs better off than us do. Arsenal have an income that is roughly £150 million more than ours and this article explains that you can't simply use TV money to increase wages. It is illegal, plus their are FFP restrictions.

I have written many time that we must first increase our commercial income before we can pay high wages and had many a discussion, to be polite, on Twitter. If you understand these things you get accused of not knowing anything about football by people who clearly know a lot less.

COYS
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5 comments

  1. "If you understand these things you get accused of not knowing anything about football by people who clearly know a lot less."

    I'm afraid that's always how it's seemed to me Clive. Unfortunately that's just life. I've been struggling all my life to change that, then realised, actually that's not too bright an approach (on my part). I just need to accept that's how it is. Educate where possible, but ultimately accept what I can't change.

    It's never seemed natural to me but I'm gradually coming round (Though obviously you'll see exceptions in some of my posts when I slip up).

    That said, we all support Spurs in our different ways.

    COYS!!
  2. It's a sham as Man C do not generate that turnover to justify that spend legitimately. The rules in place are a joke and now they prevent or try to prevent other sides from gaining parity. Are the new rules obeyed ? ask PSG
  3. Sorry I was also refering to FiFA and FFP and not just Premier League rules.
  4. I agree. Sometimes the FFP rules seem to have more effect blocking the poorer teams than it does those that they should be better aimed at.

    What can you do? Just your best to work within them and hope they become more effective over time.

    COYS!!
  5. UEFA have started an offical enquiry into PSG’s purchase of Neymar, but, I agree Steve it’s a sham…the punishments do not fit the crimes.
    Point deduction is the only untried avenue but I’m not holding my breath on that one.