redmanc34 said:
I have actually answered that previously. I don't disagree with that, but my point was that the majority of European leagues are more evenly competed and that investment in fact takes the competition element away, and does just create a one team league. At the same time I have always said the Premier League is different and it should have never got to the point where clubs such as yourself have to pump that amount of money into your club just to compete. I also said if this ruling came along earlier, say 15-20 years ago it probably could have stopped the domination United and Arsenal had over the league
To consistently compete at the top of the Premiership, you need to pay big money on transfer fees and wages for top players. Fact. No club has consistently been in the top four since 92 without that.
To be able to be a self sustaining club whilst paying that transfer fees and wages, like United and Arsenal, you need a huge income. That income comes from the Champion's League, more tv money for finishing higher in the league and more sponsorship. How many years have United and Arsenal had that sort of income? It's an enormous advantage over the rest of the league, the likes of Newcastle, Spurs and Villa.
We've been in the top four for 5 seasons now and our income has just reached the level high enough for us to start to breakeven. That's how long it takes to reach the income level of the top English clubs. Five successive top four finishes. How is any club supposed to do that without investment? It's impossible. That's why nobody has ever done it since the Premiership started in 92.
Enormous initial investment is the ONLY way for a club to move up and consistently compete at the top of the Premiership. You can't even rely on great youth players to come through now, just ask Southampton.
Huge initial investment is the only way to success in the Premier League.