I have a question?
Has anyone considered how this is REALLY happening because COVID is revealing how whilst FFP got City under financial control prior to COVID IT FAILED to put under control the older "cartel" clubs that could operate with heavy debts, no need for success, riding the coat tails of past success (or were left in the dust: See Serie A for mismanagement and other factors) and therefore had less pressure to mange their clubs better, leading to spending ridiculous amounts of money and were poorly managed for many years that was already appearing JUST before COVID??
I won't deny City, Chelsea and PSG spending was a factor, but that was because you had to spend to get a foot in the door to compete really as you are competing against Goliath clubs with mega global fan bases, young players all wanting to play for them, etc.
It's little wonder this is coming from Real Madrid because they are one of the prime culprits as are almost all who are joining.
We are culpable, of course, and this is neoliberal capitalism revealing its core to us all right in plain daylight.
Also...
This is also why the chest thumping about City and PSG as the evil ones to focus on ignoring other signs that hoards of fans and journalists have focused on I’ve been arguing has been short sided.
I've argued this on Twitter with some well known critics (Miguel Delaney and Barnay Ronay before) when I contented what was happening with City and UEFA/"the cartel"/PSG not getting hit for FFP the 2nd time around...
In all these instances and what you saw other big clubs and their apologists were doing all to maintain power/wealth, or find ways to enhance it which are all really just sad examples of neoliberal capitalism that you could see in ALL of these big clubs nature, yet this was framed as "whataboutary" whilst some acted like clubs they support were holier than thou, and others (journos inlcluded) turned a fairly blind eye to this until now.
Well. The chickens are coming home to roost now.