Is Chicharito Going To Play In The World Cup World Cup Spread Betting – Get Your Football Clubs in Order

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World Cup Spread Betting – Get Your Football Clubs in Order

Strict new guidelines from UEFA will see clubs operate within their means from the start of the 2012/13 season. The move will bring more discipline to the club’s finances and also take the pressure off player wages and transfer fees. Clubs will have to compete within their revenue. UEFA believes it will encourage investment in infrastructure, sports facilities and youth academies. He also believes it will help the clubs sustain themselves in the long term and settle their liabilities in good time.

The cost recovery clause is a new departure for UEFA where the clubs will be monitored for 3 years. They will not be allowed to spend more than they earn from revenue give or take 5 million. They will be able to spend what they like on their stadiums, training facilities, youth academy and their communities.

However, the huge investments of billionaire owners will be severely curtailed. Over the 3 seasons they will only be able to put in 45 million euros over the break-even point to help cover wages and transfer fees. This means that if the owners of the clubs want to buy their way into the Champions League they cannot. It sounds good in principle to stop the big clubs splashing the cash but it also stops the smaller clubs like Fulham who have rich owners. They won’t be able to spend more of the Al Fayeds’ money over the 45 million euro, the same amount as Mr Abramovich down the road at Chelsea. So suddenly it’s not so fair anymore as Fulham wouldn’t have the same revenue stream as Chelsea or the ways to increase it either.

At the moment most Premier League clubs are fine. But Aston Villa, Chelsea, Man City and Liverpool would all set alarm bells ringing in UEFA with the huge losses they are suffering. It seems that the huge debts that some of the big clubs are holding will not be considered at this time. The system will currently only be used as a monitoring tool and clubs will not be banned from UEFA competitions. They would first be warned and reviewed before being banned.

Another part of the clause states that clubs will not be able to owe competitors, players, staff or tax authorities at the end of the season. They hope to avoid what happened in Portsmouth which went into administration with millions in transfer fees, tax and VAT to name but a few. I think I read somewhere yesterday that they offered to pay their creditors 20% of what is owed to them. A recent report on European clubs said that 50% of them are making a loss and 20% are in serious financial danger.

In other football news World Cup Spread Betting. Michael Essien has failed to recover from injury and has been left out of the Ghana squad. Javier Hernandez will become a Man Utd player on July 1st after receiving a work permit and World Cup hosts South Africa beat Colombia 2-1 in a friendly at the Soccer City stadium.

And finally, while South Africa was beating Colombia, the Colombians were having their hotel rooms inspected by two of the workers who were releasing their money. They were later arrested. Hopefully security will increase a bit in the next few weeks. Bonjour.

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