Rummenigge: Football Can�t Go On Like This
Bayern Munich chairman Karl-Heinz Rummenigge has hit out at the way football clubs are allowed to run up huge debts and predicted financial meltdown if nothing is done about it.
The Bayern boss has labelled the current football world as �sick� as ever increasing wage bills threaten to cripple clubs. He also claims that clubs are going down a very slippery slope and that financial ruin will be the only outcome.
"Football is sick" he told Kicker magazine in Germany. "I read a statistic which says 85% of all professional football clubs are running at a loss."
Bayern are the biggest club in Germany and by far the biggest spenders in terms of both transfer fees and wages, but they are in a healthy position financially.
Rummenigge believes that Uefa should introduce a top limit on how much clubs can spend on wages, with "50 to 55% of turnover" being the upper limit.
"That would make football healthier again" he added.
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Rummenigge: Football Can�t Go On Like This
Bayern Munich chairman Karl-Heinz Rummenigge has hit out at the way football clubs are allowed to run up huge debts and predicted financial meltdown if nothing is done about it.
The Bayern boss has labelled the current football world as �sick� as ever increasing wage bills threaten to cripple clubs. He also claims that clubs are going down a very slippery slope and that financial ruin will be the only outcome.
"Football is sick" he told Kicker magazine in Germany. "I read a statistic which says 85% of all professional football clubs are running at a loss."
Bayern are the biggest club in Germany and by far the biggest spenders in terms of both transfer fees and wages, but they are in a healthy position financially.
Rummenigge believes that Uefa should introduce a top limit on how much clubs can spend on wages, with "50 to 55% of turnover" being the upper limit.
"That would make football healthier again" he added.
No it wouldnt, clubs would just hike ticket/merchandise prices. its the fans that pay. clubs shouldnt complain about not having enough of thier supporters money to spend.
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Sorry dont understand your argument?!
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No it wouldnt, clubs would just hike ticket/merchandise prices. its the fans that pay. clubs shouldnt complain about not having enough of thier supporters money to spend.
Aye?
So Abramovic was a fan? Gillette and Hicks, fans?
It's not the supporters' money at all. That's complete fantasy.
He's got a good point. A limit of wages vs turnover would prevent billionaire owners from distorting the market like they do now.
Then it would only be supporters' money being spent.
It would be a much more sensible rule than this 5+6+2+1+8 bollocks Sepp keeps going on about.
Incredible stamina. No shame. Yellow Fever.
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whenever you put blanket rules on a competition, it will favour some clubs and hurt others. this rule would put an even bigger gap between the big four and the rest. clubs with small stadiums (therefore lower turnover) would end up struggling and without huge capital investment to build/improve stadiums, the competition would stagnate.
If you take the billionaire owners out of the equation, you still had the big three.
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whenever you put blanket rules on a competition, it will favour some clubs and hurt others. this rule would put an even bigger gap between the big four and the rest. clubs with small stadiums (therefore lower turnover) would end up struggling and without huge capital investment to build/improve stadiums, the competition would stagnate.
If you take the billionaire owners out of the equation, you still had the big three.
I would have thought as an arsenal supporter you would agree with this, as arsenal have a strict wage structure in place while the other big clubs have billionaire owners that can pay inflated wages that could bankrupt a club if it weren't for their large pockets.
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I think it's time for a return to the pre-Johnny Haynes maximum wage.
Seriuosly though, Rummenigge's got it dead right. Whether his "% of turnover" idea is the solution I don't know, but something's gotta give and soon. Paying anyone 120,000 pounds a week for doing any job is obscene.
Nix, Leyton Orient and Alloa Athletic supporting schmuck.
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whenever you put blanket rules on a competition, it will favour some clubs and hurt others. this rule would put an even bigger gap between the big four and the rest. clubs with small stadiums (therefore lower turnover) would end up struggling and without huge capital investment to build/improve stadiums, the competition would stagnate.
If you take the billionaire owners out of the equation, you still had the big three.
You'll always have big clubs and little clubs. But if you take out the ridiculous pools of cash from random one off sources at least the game's finances as a whole won't spiral out of control.
It's the best idea I've heard in a long time. Bring it on.
Incredible stamina. No shame. Yellow Fever.
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whenever you put blanket rules on a competition, it will favour some clubs and hurt others. this rule would put an even bigger gap between the big four and the rest. clubs with small stadiums (therefore lower turnover) would end up struggling and without huge capital investment to build/improve stadiums, the competition would stagnate.
If you take the billionaire owners out of the equation, you still had the big three.
I would have thought as an arsenal supporter you would agree with this, as arsenal have a strict wage structure in place while the other big clubs have billionaire owners that can pay inflated wages that could bankrupt a club if it weren't for their large pockets.
You are right, Arsenal do operate on a wage to turnover ratio, but we are only one club, and very few other clubs in britain, can afford to operate this way, or at least attain success while maintaining such a strict wage structure.
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