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Essay / Financial Fair Play and Football
Will Financial Fair Play make football a fairer game? In the late 21st century, it became more common for wealthy oil sheiks to buy clubs and investing huge sums of money. This leads to great injustice and domination of these clubs in the transfer market. So they acquired a new rule called Financial Fair Play (FFP). This prevents a club from spending more money than it earns in revenue. If a club breaks the rule, it leads to severe sanctions, such as being banned from playing in the Champions League or even being banned from winning titles. If a club cannot have financial liabilities, only clubs with a good budget will be able to spend money. Therefore, the rule will only widen the gap between rich and poor clubs even further. Furthermore, by acquiring this rule, the owners will illegally invest money into the club in order to be able to pay expenses. To avoid all of this, they need to remove the rule. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”?Get the original essay First, FFP will make it harder for small clubs to compete with big clubs. UEFA introduced the rule to give equal opportunities to all teams, but the reality is that the big clubs, those who have dominated for a long time, will continue to dominate. By guaranteeing financial fair play, it will be more difficult for small clubs to challenge the situation. Because if they are not allowed to lend money from banks, revenue will only come from sponsorships, ticket sales, TV broadcasting and advertisements. Because a big club like FC Barcelona, which already has a large fan base on a global scale, makes much more money from television broadcasting, ticket sales and advertisements than a club like Chelsea FC, for example (Mourinho, 2015). They can therefore continue to invest without strings attached. While clubs that do not have such a strong fan base will have less money to invest. In other words, the gap will only increase. Second, FFP doesn't care about high taxes, so countries that have high taxes will have a harder time paying salaries. Another argument against FFP is that the rule ignores high-tax countries. Jacques Messeca writes in his article A Comparative Approach of the Tax and Social Burden in European Football, on evershed.com (2014), that this problem will be a major issue for FFP in the future and for the countries concerned. This creates a great injustice for clubs in these countries where they have high taxes since a large part of the income will be lost. Paris Saint Germain is a club located in France. Recently, the club was bought by a wealthy oil sheikh. The club is having a lot of trouble with FFP simply because France is a country with high taxes. Since the rule does not take this into account, the club has to pay almost double the players' salary to get the same salary as other players in other countries. On the other hand, financial fair play will provide a fairer game. which means that each club will have the same opportunities. Firstly, by acquiring the FFP rule, it will prevent rich oil sheikhs from pumping money into the club and make football a fairer sport under the rules. Which means that each club will have the same opportunities. Furthermore, by earning their income from sponsorship, ticket sales, television broadcasting and advertisements, clubs will not be able to buy expensive players and will have to build a strong youth academy. Additionally, the owners will illegally pump money into the club. In.