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Stunted By Reality Just another know-it-all talking about life, business, technology, sports and music.

26Jan/11Off

The UEFA and Arsenal love-in is doomed to fail

Sometimes you really wonder how people make into positions of power given their lack of reasoning.

There are many things that our leaders can do without but rationale is not one of them. The folks clowns at UEFA (and FIFA too) have form for coming out with ridiculous statements, but they never seem to amaze in their quest to out-clown Krusty.

The latest one is in relation to the new regulations requiring football clubs to break-even over a rolling three-year period or risk a possible ban from UEFA competitions. It's designed to stop clubs running themselves into debt and financial ruin.

UEFA general secretary Gianni Infantino has now come out and said that clubs need to adopt the Arsenal model because "Ten years ago Arsenal reported less income than Chelsea, Liverpool and Newcastle," Infantino added. "Now it is more than those clubs and in 2009 more than double Newcastle's."

This is pure misguided BS. If Infantino would only take a moment to think of all the big transfer fees that Arsenal generates he'd realise that the clubs that UEFA and Wenger criticize for financial doping are the same clubs who have paid out those huge fees directly to Arsenal therefore increasing their revenues. The question is, where would Arsenal's profits be without the sugar daddy money from Manchester City, AC Milan and Juventus? Or the debt money from Barcelona?

The 'Arsenal model' circa 2020.

p.s. The regulations themselves are also bollocks because sport is not a business in the traditional sense. Never has been never will be. But that's for another rant.

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