Football

Financial Fair Play: Beneficial for all clubs

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With Financial Fair Play rules being introduced, you'd be forgiven for thinking that clubs are no longer allowed to spend big on players, however you couldn't be further from the truth - the rules help clubs, not stop clubs from buying.

UEFA and the numerous Football Associations are bringing in Financial Fair Play rules, which will punish clubs who overspend and begin to make losses, potential points deductions and suspensions from European Competitions have been talked of in order to scare clubs into reducing their spending. 

The rules won't tell clubs they cannot go on spending sprees, they just won't be allowed to spend money they don't have. Take Portsmouth for example, they spent too much money at once and are now in the fourth tier of English football, obviously something which no-one wants to see happen, FFP prevents this. It means clubs will hopefully begin to make profits and the world of football will be a better place.

It may also benefit the football fan, if clubs aren't making huge losses, they won't have to charge obscene amounts for tickets, meaning the less well-off football fan will be able to attend more games.

From what I can see, FFP only has benefits, it stops clubs getting themselves into money trouble, and in the long-term may see football fans who can't currently afford to go to games start to attend games more regularly.

There are ways around the rules, clubs know what they need to do, Chelsea's £300M sportswear deal with Adidas has proven this. 

Football fans need to stop worrying, and get excited.

 

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This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

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