How will new financial rules affect the Premier League?
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- Опубліковано 5 чер 2024
- On Monday, Premier League clubs opted to push on with plans for a hard spending limit - a de facto salary cap tied to the income of the lowest earning side in the top flight.
Some clubs want more financial regulation in England, but who is pushing back against it? And could this end up with legal action?
The Athletic's senior football news reporter Matt Slater joins Ayo Akinwolere to explain the concept of 'anchoring' as well as answering questions submitted by subscribers to The Athletic over the Premier League's proposed new spending controls.
00:00 Intro
00:12 ‘Anchoring’ & new rules in the Premier League
07:44 When it will happen?
12:12 What happens with limits on spending
15:33 Spending caps in the Premier League
27:40 Who will it benefit?
36:36 The effect on transfers
45:04 Outro
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#premierleague #mancity #manutd - Спорт
Matt Slater is so good at what he does. And I like the user questions format. This is the kind of content you can't get elsewhere.
In the NFL, the salary cap is $255.4 million so they all spend pretty much the same, roughly £200 million. Imagine that in the Premier League and owners could only spend £200 million on the squad but the club has £600 million revenue. This means two things, football becomes extremely profitable for owners like NFL 'franchises' whilst if the club ends up mid-table, out comes the excuse, sorry guys, we can only spend the same as the others (whilst spending their dividends). This is the objective of the owners, it may start as a multiple of the bottom club but eventually it will move to NFL style.
The only problem with this is that it damages PL ability to attract the best players, which damages the product, which damages the bottom line. So I don't think what you're suggesting is particularly likely.
Is this a bad thing. It will even the playing field. Eventually
That would be awful,
@@acyborgtrickstergropeLa Liga already has salary caps and it's not stopped Madrid from recruiting talent like Bellingham or (most likely) Mbappe
Wrong this will make poorly run teams like Man U drop to the championship cuz they just can’t throw money at problem
As an outsider to both English/European and American sports (I'm from Australia, home of the 'hard' salary cap), I think it is poor justification to use culture as the primary reason not to do something. It is apparent to me that the English football has a superior system to US sports (obviously my opinion). At the same time, I do think the EPL would benefit from a soft salary cap/luxury tax system like the NBA has. This way, the big clubs will continue to outspend smaller clubs but will have to pay a 'tax' which can go towards revenue share. This solution will overcome a lot of the issues Matt raised in this pod.
Two things:
1. Doesn't this mean City can exploit their advanced multi-club model even more i.e. getting Savio on the cheap versus another prem club getting Nico Williams.
2. Encourage alternative remuneration i.e. paying pep through girona since his brother owns a percentage or how iniesta was paid in japan
I love the fact you probably only think about city in your entire life buddy 😂🤣
Because they're the ones cheating the financial rules all the time, there's a reason everyone thinks of City as soon as financial rules are mentioned, the club is built on dodging the rules. @@pullmanguard2316
@@pullmanguard2316 it is true, admiration and hatred but hopefully not for long
Really enjoyed this!
The financial gap has to be tightened for sure. Utd were the richest club for decades but never won the league because they only had about 30-40% more than others. Then Abramovich came and Chelsea spent 500% more than Arsenal across 6 years, 350% more than Liverpool, 200% more than Utd etc, then City have done the same. The problem is the damage this does to the PL. How long will the game survive if the winners are constantly just whichever club has the richest owners at that time? The Roman Empire was at its most powerful just before it fell- thats why the PL has to act. I remember when Serie A was the best league, then La Liga for a short time....but greed at the top clubs destroyed their leagues as the PL got more and more global......because the overall standard in depth has been higher making the competitive more entertaining. It was the equality of the PL prize money that kept it closer.
So anchoring is a good idea as it can't be cheated upon. Things to consider as well are- making sure it doesn't push clubs to a European Super League, that it isn't just a license for owners to profit to a ridiculously high level, and to make sure the PL continues to be No. and atrract the biggest stars.
Utd have made 4 200m+ signings
The bottom club will have every single one of their games televised. Also multi-clubs will "loan" their players from one of their other clubs and pay a fraction of the wages, etc. Ton of ways round it
This was excellent. So informative, Matt. Thank you!
Fantastic reporting from Matt Slater. Succinct and clear.
Great work, Ayo
Always know "who" to answer "what" question and very consistent.
Love and Respect Brother
Man City were NOT a big club before new owners came in and were allowed to invest heavily on the team.
NOT allowing other clubs to invest as needed to bridge the squad cost differential cannot be considered anything less than anti-competitive.
It is interesting that no channel is interested in discussing a squad value /salary table and how that relates to league position- is this topic off-limits?
The game is based on the principle of sporting merit, not which owners have the deepest pockets. Buying the title is cheating, plain and simple.
@@andrewness all that does is let the long established clubs continue to buy the league, just because they got rich first.
@@newcmags3253 They earned success and can reap the rewards.
I know American sports have a more communist approach, but here we don't reward failure or punish success like that.
The system should promote efficient, well-run clubs which go about their business in the right way, what you’re arguing for is a setup which values investment above all else and will only encourage backhanded financial manipulation like we’ve seen from City for the past decade, the focus shifts from running the club well to how well you can hide the money you’re pouring into the club
@@newcmags3253 They "got rich" by being successful on the pitch, which is as it should be. You have to earn it.
Build up a club by investing in infrastructure as much as you like, there's no cap on that. Clubs do come and go from the top spots. If it's just about the wealthiest taking everything what's the point in competing?
I could listen to Slater all day long
We need a hard cap on what custodians can take out of a club.
What's the point of this new financial cap if the ones up top can keep taking out the profits themselves with no limit, specially at top clubs. Money should mostly if not all go back into the club, nowhere else.
I love this podcast, it’s so informative
Matt Slater, Spot on with the Analysis, however, you missed one big factor aswell. The city in which these NFL/Franchise teams locate to, give the teams enormous tax breaks. You buy the franchise tag, but the city you choose to move to vies for you Franchise and they roll out the red carpet for you. They build the stadium for you, you generate all the revenue. Does the EPL/other leagues in the world have that kind of structure?
Why don't they just make it easier and have the league approve club spending as they spend it?
If a club like Forest want to spend 200 million, they can go to the FA and say 'here are our plans for spending. And here is the money we have to spend. And here are our accounts. Can we spend it?' and the league can either look at the books and the plans and the spending plans and say 'Yep, that's fine, you can afford it and the long-term viability is ok, or they can say no, you're taking too much of a risk,' or they can say 'well, you can spend 150 mill'.
Then nobody will get any points deductions because the spending has been pre-approved, and the club spending will be viable and it can be checked BEFORE clubs go mad and bankrupt themselves?
That seems eminently more sensible to me. There's a similar system in Spain, where the league tells Barcelona that they can't just go out and spend 500 million because they'll go bankrupt.
But Barcelona is currently in an insane amount of debt?
The Premier league self regulates, that's why these need to be voted through by all of the clubs!
@@freescoring I didn't say 'self regulate'. I said 'preapprove spending'.
The Spanish league does it and they don't have stupid point deductions over there
@@freescoring Self regulation = no regulation. It's like asking the thieves to decide on their sentences and on what methods the police can use to track and catch them.
Don't worry, 115 fc will find a way around this
Great Video Lads.
f as Matt predicts the PFA will oppose these measures (and I am inclined to think he is correct). It is still an open question whether the PL will decide to pursue arbitration, as the clubs will have to vote again and like the ELF they may vote to not go ahead. Or we may end up with a ridiculous amount like 10 times. Awesome awesome podcast
Does anyone else play the game of read the title and guess who’s on the pod and then click on it and see if you’re right? 😂😂
No
I give american sports a lot of stick
But the fact that any team has a chance, if managed well, is a breath of frssh air
It male sports interesting
I agree. I just wish some American sports had regulation and didn't have so many stoppages of play and commercial breaks. I understand why but that doesn't mean I have to like it. Minus the money bits I really like a lot of how the EPL does things.
Idk, as an American I’ve always found the hierarchical structure of the ever changing Premier League much more compelling than the NFL, where you’re rewarded for playing badly and teams just coast along the bottom, quietly stagnating in mediocrity. It may seem appealing, but in reality the American system makes for much less excitement than the Premier League, even when City are dominating
@@Flash4ML not necessarily in the nba almost all 30 teams have won the league at one point or the other
In pl, about 3 actually truly compete and the rest just coast there in mediocrity
We have situations where the teams that went up, go down almost immediately
And the middle teams do not improve they just stay in the league
@@anjolatope-babalola2338 yes, in the American leagues there is always the possibility that your team will rise to the top at some point, but this is a long wait for most, and in the meantime the cycle is much less interesting.
With the actual season, for me there are either too little (NFL, CFB) or too many (NBA, NHL, MLB) games, Premier League hits the sweet spot for me with two games per opponent, home and away. There are no cup games, no Europe (though we have playoffs, so we can cancel that out as a negative. If you have no chance of making the playoffs, there’s literally just nothing to play for except draft picks, which improve if you finish *lower,* which just encourages bad teams to wallow at the bottom and serve as punching bags for the more fortunate, dolefully awaiting the day when the stars align and they dig themselves out of their hole.
That’s another thing, I know it might be controversial but I really don’t like the draft system, I think it completely sterilizes the recruitment system, which is much more organic and interesting in the futbol world. That and the transfer market, which go hand in hand - the global football market is so much more dynamic and compelling than in any American sport, it’s not even close.
I know it might seem appealing at first to mid table sides who never see glory, or to relegation-threatened clubs whose future and relevancy is in the balance, but it is absolutely an all-encompassing system which only works with all the parts, so you get all these bad things too. Also just from an aesthetic point, I think European sports have an authenticity and a grit to them that is really taken for granted, you don’t know you have it until you realize how corporate and touristy professional American sports are, it’s really an important factor. That’s why college sports are the best in the US, because the people really actually care, there’s actually something to rally behind, not just a franchise which could up and leave whenever it wants
I suppose you could have put more adverts in that, but it would have been tricky.
UA-cam does it, not content creators.
Reports of anchoring = relaxing of related party transaction regulations. MLB style “soft” cap is the best fit for the EPL. Hopefully all are brought onside and let the good times roll.
An actual salary cap similar to the NFL will not work in the PL. If any American system would kinda work with some changes, it would be MLB's, which has no salary cap, but instead has a luxury tax.
Luxury tax might be a better choice, it made MLB more balanced. In EPL case, it could retroactively charge City near Billion Pound.
“An actual salary cap similar to the NFL will not work in the PL”
And yet all the data provided by financial experts proves the contrary.
Are we expected to take the word of a UA-cam no mark over the former?
That would be a no.
The dimwittery really has no bounds.
Half way through and shocked I haven’t heard any woke/ liberal chat. Keep that up athletic
The premier league system does not quite work
They have a yo yo system
Where teams are too good for the championship and too bad for the premier league and they just keep going in and out
They make too much money when they are in the premier league to stay in the championship and too little to compete in the premier league
The European system is working... is it? Obviously it worked for a very long time but that doesn't mean it's working now. There have always been Big Clubs that dominate, but the differences with and between leagues are growing and have been for some time. Like, I'm sure there's a podcast or twenty in the Athletic's network talking about how aside from Real Madrid and Bayern Munich (and maybe Barcelona), every single club in the world is a selling club in relation to even the newly promoted EPL teams. And that's caused much angst and handwringing and solution generating.
I agree that you can't have a proper salary cap and other measures that promote competitive intra and inter league play with promotion and relegation, but the notion that clubs should be financially sustainable never used to be a question with promotion and relegation but they are now. I don't think anchoring really threatens that.
And if anchoring does threaten that, then the only solution is to add a post season to determine the champion and crown the league winner the minor premiers a la the NRL in Australia. Playoffs for 1 vs 2, 3 vs 4, ... 17 vs 18, 19 vs 20. You might not be able to beat a financially doping team over a whole season, but you can in a Grand Final.
🔥🔥🔥🔥🔥🔥
Having a salary cap is good for the league. Stopping these greedy players demanding crazy money is destroying the game.
You'd have got plenty more views if you had on-screen graphics showing this with clear graphics. Someone is probably on that already
The Americanization of the premier league creeps along 🤮
Thank God
Can see why they are so scared of the regulator. While everyone was worried about far east money no one seemed to have notice half the league being taken over by Yanks
i mean the unchained capitalism of the premier league is pretty American
As soon as half the league was taken over by Americans we should have known this would happen. We’ll have half time shows and national anthem before games next 🤢
The country has been Americansised for years pal. What do you expect
I’m an American but the Americanaization of English football is getting out of control
Anything that's "tied to the income of X" is just pretend play. All that needs to happen in that case if that you grow the "income" part of the calculation through bogus sponsorship deals and selling players at inflated values. If you keep inflating this income you can expand your expenses as well, and the deficits allowed by the Premier League are ridiculous.
Which is exactly what the most successful English club of the last 15 years, Man City, are all about.
Never thought I’d see the day when we celebrate billionaire owners being able to get richer from football. All that extra revenue above the 500m limit will just go straight into their pockets
Yeah “everyone agreeing” that the sustainability of clubs is an issue. . . I mean the clubs certainly aren’t going anywhere, it’s the owners who are at risk. As a fan, even if the owners tank my club, there will always be another to replace them and pick up the pieces, even if the club is relegated. Trying to remove the jeopardy of owning a football club and making them a more sustainable business doesn’t do anything for me as a fan, it’s only a priority for these billionaires who don’t want to risk their fortunes on a football pitch. Other than limiting oil giants like City and Newcastle, I don’t see how this is something the average premier league supporter should be backing
So Man City will never be charged
It is a stupid statement to say Chelsea would have disapproved if they didn't think it would pass, pure speculation and annoying to hear.
Well they dont affect City
This literally handicaps the league from outspending all the other top leagues in Europe. The financial clutch the PL have bad on Europe will be significantly reserved. Which will only cause the PL brand damage and benefit the other leagues. In other words… this is idiotic
Maybe it will force Premier League owners to run their clubs better lol
Contrary to what is said here Man Utd's attitude is problematic itself. They do not exist in a bubble, they exist in a pyramid that they are at the top of. Their wealth is not earned solely on their own assets but on the entirety of the football industry. Without the other teams they have no games to play and no money to make.
But the principle of a pyramid system is that you earn your way to the top by being successful. Why should a team be hamstrung because other teams aren't as successful. In American sport the worst team gets the first pick in the draft, that isn't sporting integrity and in my opinion neither are these rules.
But the difference in earnings between them and every other PL club is down entirely to their brand, club itself, historical fanbase etc, etc. Given they play the same opponents each year as their lower earning peers. So they would see that extra money as their's to spend as they see fit.
Also, not to be mean, but United don't owe any of their revenue to any League 2 side for example in any meaningful way; if that entire league was suspended for a year would it impact their balance sheet? I don't think so.
If anything this cap is probably what United need to be honest - get them to focus on getting value for money like everyone else
Lol 🤣 PL is already a one or two horse race. Boring ass league it used to be good but now nope
With 4 different UCL finalists in the last five years
@@kitotapgono1467I’m guessing he means the city/Liverpool dominance
Boring, not like the other top 5 leagues who have all already decided their champion and have 3 league losses between them
Premier league fans against this should remember
The premier league is a farmers league
City have won 5 in the last 6 years
6 in the last 10
7 in the last 12
Are about to make it 4 in a row
Man city are running away from all the big boys
A lot of that is Pep I feel, and the staff. Hopefully when he leaves other clubs will be in a position to seize the initiative and knock them off their perch, but I agree that they need to be limited
United did the same thing two decades ago. Did you complain then? Did it kill the league? If so, why are you watching this?
@@miseconor8104
I am watching it because I can
But humor me
What do you think ibam complaining about ?
@@anjolatope-babalola2338 I don’t know what you’re complaining about, that’s my point. It’s not a new issue and it’s not one what anybody seemed to care about when United won 6/7 & 7/9
@@miseconor8104
Lmao, you dont know what I am complaining about,
I don't care who has won the most titles in a row or in 10 years
Before you start crying, read the comment again
39 buss
the disillusion on the bald guy.
Real madrid bayern munich didnt mention them😊
England is a good place to live ? Have you been in Spain / Barcelona ? Comparing Milan to Manchester ?! Hahaha
What an absolute nonsense of a rule! No issue with the squad cost rule, but they need to get rid of the related party sponsorship rule, that's the real restriction of trade. What does it matter if an owner sponsors a club as long as its still the clubs money.
3456
Carvival??? Is that a Tik Tok rizz party referrence
Detra[
S ex xddd
Those Asians are doing real harm to the sport!!! 😂😂😂
This is stupid and will only harm the prem
what a terrible host