SilverFox2
Well-Known Member
Thanks for reply, I fully understand your reluctance to discuss certain aspects but if we are to be tarred with same brush as PSG I note that things have gone much more smoothly for.them so is the fear of Sovereign wealth now reserved exclusively for City?I don’t want to get into this too much as it leads to too many arguments, but I think the concern was more that you & PSG were effectively bankrolled by sovereign states rather than private individuals or corporations per se. This would effectively blow all other clubs out of the water because no corporations or individuals had resources like that or could begin to compete in a bidding war. Of course we both know in this instance that the reality is more nuanced than that. I can understand the protectionism angle towards the ‘cartel’ as you call it but since the inception of G14 20 years ago, nearly every member has won a European trophy, in lots of cases multiple ones. They’ve earned their right at the top of the pile on the pitch. That said, the rules do favour them in another way. But FFP isn’t just about the big clubs, the mandate for a club to spend within its means is a brilliant idea in my book. Places the emphasis on coaching and recruitment - exactly how the football side of a club should work.
Presumably the 2 main Spanish Clubs are also also accepted despite their financial affairs being virtually Government funded.?
Our owner has invested in many non AD countries without problems and even assisted the UK Government by cutting a deal with Barclays during the Bank crisis so in what way do you feel the alleged Sovereign wealth is unfair?
One thing is certain his wealth is not tainted by the need for massive dollar fines issued to certain Banks by USA for illegal Iran trading and money laundering.
Simply trying to understand how our owner who has done so much for local East Manchester and for that matter invested in City of Liverpool projects should be seen to be investing unfairly,