The Myth of FFP and the Fear of Competitors
Below is a quick summary of various contributors considered views on FFP and the fear of United, Liverpool and Arsenal which has extended to other European clubs.
There was once a prestigious football tournament called the European Cup, which was based on football excellence in national leagues. It brought together teams from across the continent. To qualify teams first had to prove themselves by winning their own league. This was a competition for champions.
With the glory though also came the opportunity for great wealth and eventually the principle of sporting excellence was matched and began to be overtaken by greed.
The self described "European Royalty" of that earlier time in history decided they wanted a greater share of the spoils and they wanted it guaranteed regardless of their performance. The cartel (later known as the G14) threatened to break away and form their own Super League, unless everyone else agreed to their demands. Feeling they had little choice, UEFA caved in and the `Champions` League was born.
At the heart of this cartel were 3 English clubs. Man United, Liverpool and Arsenal. The format of the new competition conveniently granted 3 places to English teams. It also changed from a straight knockout format to an initial group stage. Not only could the cartel qualify by only finishing 2nd or 3rd in the Premier League, they were also guaranteed at least 6 extra lucrative fixtures each season. The money started rolling in as intended and the `big` 3 got fatter, as they disappeared over the horizon, leaving the rest of the league with little chance of ever challenging their increasing financial dominance.
Out of the blue, a wealthy Russian Oligarch, Abramovich, rolled into London town to bankroll Chelsea and gatecrash the party. With the gravy train now under threat, the greedy threesome convinced UEFA to increase the English allocation to 4 CL places. Disaster was averted. Onwards and upwards for the four.
That was until the `Arab`, Sheikh Mansour, bought Manchester City and personally invested part of his wealth. This was later described as "dirty oil money", a phrase coined by under pressure competitors and pushed by the social influencing companies subsequently engaged by Liverpool`s USA owners among others. Jealousy, fear and ethnicity were behind the business `reasons` for attacking City.
Now with UEFA unable or unwilling to accommodate an unwelcome guest aiming to get to the top table, a new strategy was required to preserve the dominance of the cartel. As a reaction, the "Financial Fair Play" (FFP) was conceived with Utd`s Director, David Gill who was also Treasurer of UEFA, at the heart of it, ably assisted by Wenger`s now failing Arsenal. After the disastrous USA owners of Liverpool FC, Hicks and Gillett were ousted, their new owners, the Fenway Sports Group, soon took up the mantle of seeking to undermine City through an unholy USA alliance with Utd and Arsenal.
FFP had little to do with "fair play". Its formulation changed tack from original proposals and turned a blind eye to debt ridden clubs and owners that systematically drained money out of the game. New `rules` were introduced and then changed as required by vested interests and those PL club`s representatives serving their needs inside UEFA. FFP was designed to stop wealthy owners investing in clubs and making them competitive, thus ensuring the established elite remained unchallenged. It was protectionist and anti-competitive at its heart whilst attempting to control football finances in a way which enabled the cartel to stay at the top of the football food chain.
Undeterred by the dubious nature of these new constraints targeted at them and any future investors, Manchester City embarked on transforming the club. Initial investment improved football performance and top quality people were put in place, on and off the field, at every level.
The planning, investment and excellent delivery resulted in Manchester City breaking almost all records on the pitch. The club achieved commercial sustainability and began to achieve profit. Profit though is not the name of the game at City - excellence, community investment, extending the reach of the unique City Football Group and sustainability all drive the beautiful football.
The club is now independently valued at over £2B (figures vary according to source). This reportedly now outstripps each of the Premier League old-guard. This has shown a huge return on City`s owner`s £1.2B investment (figs, vary according to source) and dispels the distortion peddled of "financial doping". Wenger, and Conn of The Guardian should take note.
So what did the owners of the "European Royalty" do ? Up their game ? Risk their own money to meet the challenge? They utilised their stooges in the media and organised campaigns to try and discredit City's achievements and demanded UEFA do "something" to derail City`s' progress. Now they are being publicly exposed for their dirty tricks.
Manchester City FC - Centurions, Fourmidables, Champions of England , FA Cup holders, League Cup holders and Community Shield winners. The most successful team over the last 10 years playing arguably the most beautiful football seen in England.
We shall overcome.