But this is why they wanted to be in a super league, to remain competitive in the face of what they are saying is cheating.
But the statement is from La Liga.
Gotta laugh at La Liga, they are playing the moral card now after their own competitive teams became broke by abusing their financial position.
Nevertheless, how do PSG get away with the huge losses they are incurring each season?
comment by Robbing Hoody - Legacy Fan (U6374)
posted 7 minutes ago
Yes, that's right.
----------------------------------------------------------------------
Do you not think Real and Barca joining a European Super League might not also have affected the integrity of La Liga, and put hundreds of jobs at risk too?
Tbh I find this a remarkable statement really.
comment by Lexington 125.2 (U8879)
posted 59 seconds ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 7 minutes ago
Yes, that's right.
----------------------------------------------------------------------
Do you not think Real and Barca joining a European Super League might not also have affected the integrity of La Liga, and put hundreds of jobs at risk too?
Tbh I find this a remarkable statement really.
----------------------------------------------------------------------
Yes I do, and as such La Liga will be unhappy that their clubs cannot compete with cheating.
Tbh, I am not sure what your point is, it doesn't seem to make sense.
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
La liga know they're screwed. Their two top teams are what drives traffic to their league and they are constantly over spending. They also know the gulf will only force them teams to want to break away even more so I kinda get their frustration in ways.
Obviously if they managed their teams more responsibly in the first place and didn't allow them to acrue monstrous debt it could've avoided most of this. In terms of $ generated barca and Madrid make a fortune.
Short term over spending, and spending badly, is something clubs have to pay the consequences for. Even if psg/city/Chelsea have blank cheques and advertising revenue is questionable that isn't the reason them the two Spanish giants are a financial shambles.
Is an argument for them 3 clubs, even Newcastle in the future, operating on a different level to other clubs, but the Spanish team's can't blame that for their own bad practices. Unfair competing against them maybe. The reason barca/madrid spent badly, no chance.
comment by Lexington 125.2 (U8879)
posted 16 minutes ago
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
----------------------------------------------------------------------
No I'm fine, what exactly is your point?
I'm not sure Real are a financial shambles are they?
Surely they've broken ffp? Isn't that what there complaining about
Comment deleted by Site Moderator
comment by FootyMcfootfoot (U21853)
posted 9 minutes ago
La liga know they're screwed. Their two top teams are what drives traffic to their league and they are constantly over spending. They also know the gulf will only force them teams to want to break away even more so I kinda get their frustration in ways.
Obviously if they managed their teams more responsibly in the first place and didn't allow them to acrue monstrous debt it could've avoided most of this. In terms of $ generated barca and Madrid make a fortune.
Short term over spending, and spending badly, is something clubs have to pay the consequences for. Even if psg/city/Chelsea have blank cheques and advertising revenue is questionable that isn't the reason them the two Spanish giants are a financial shambles.
Is an argument for them 3 clubs, even Newcastle in the future, operating on a different level to other clubs, but the Spanish team's can't blame that for their own bad practices. Unfair competing against them maybe. The reason barca/madrid spent badly, no chance.
----------------------------------------------------------------------
Indeed. Real and Barca have historically been given free rein to completely overspend, without sanction from La Liga. And now when things are no longer going their way, they’re suddenly questioning the spending of a club from outside their jurisdiction?
Laughable really.
comment by Lexington 125.2 (U8879)
posted 12 minutes ago
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
----------------------------------------------------------------------
From the actual statement:
"This kind of behaviour led by Al-Khelaifi, president of PSG, and member of the UEFA Executive Committee and president of ECA, endangers European football on the same level as the European Super League."
LaLiga stating that the deal "endangers European football on the same level as the European Super League" implies that they definitely have not forgotten that Madrid and Barcelona have tried/are trying to form the breakaway league.
comment by it'sonlyagame (U6426)
posted 2 minutes ago
comment by Lexington 125.2 (U8879)
posted 12 minutes ago
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
----------------------------------------------------------------------
From the actual statement:
"This kind of behaviour led by Al-Khelaifi, president of PSG, and member of the UEFA Executive Committee and president of ECA, endangers European football on the same level as the European Super League."
LaLiga stating that the deal "endangers European football on the same level as the European Super League" implies that they definitely have not forgotten that Madrid and Barcelona have tried/are trying to form the breakaway league.
----------------------------------------------------------------------
Not included in the article, so fair enough.
Nevertheless, La Liga’s statement just comes across as trying to placate one of its favoured sons. A club that were, merely a year ago, quite prepared to leave it to crumble into dust.
It isn't their facking business. Remember when Madrid bought the galactico team for huge prices. No other league complained at that time. The PL tv deal is already much higher and this will increase in the upcoming years. Tebas complained for years about the PL getting more money from the TV rights.
I think people just want to see a bit of fairness right across football, unless it's their team gaining an advantage, obviously.
comment by Boca Seniors (U19731)
posted 7 minutes ago
It isn't their facking business. Remember when Madrid bought the galactico team for huge prices. No other league complained at that time. The PL tv deal is already much higher and this will increase in the upcoming years. Tebas complained for years about the PL getting more money from the TV rights.
----------------------------------------------------------------------
There was no FFP then so this is moot.
If you believe this really has anything to do with FFP, then... just wow.
comment by Lexington 125.2 (U8879)
posted 1 minute ago
comment by FootyMcfootfoot (U21853)
posted 9 minutes ago
La liga know they're screwed. Their two top teams are what drives traffic to their league and they are constantly over spending. They also know the gulf will only force them teams to want to break away even more so I kinda get their frustration in ways.
Obviously if they managed their teams more responsibly in the first place and didn't allow them to acrue monstrous debt it could've avoided most of this. In terms of $ generated barca and Madrid make a fortune.
Short term over spending, and spending badly, is something clubs have to pay the consequences for. Even if psg/city/Chelsea have blank cheques and advertising revenue is questionable that isn't the reason them the two Spanish giants are a financial shambles.
Is an argument for them 3 clubs, even Newcastle in the future, operating on a different level to other clubs, but the Spanish team's can't blame that for their own bad practices. Unfair competing against them maybe. The reason barca/madrid spent badly, no chance.
----------------------------------------------------------------------
Indeed. Real and Barca have historically been given free rein to completely overspend, without sanction from La Liga. And now when things are no longer going their way, they’re suddenly questioning the spending of a club from outside their jurisdiction?
Laughable really.
----------------------------------------------------------------------
For a number of years now, and unlike any other of the big leagues, LaLiga establishes an annual salary cap for all of its clubs, based on each club's revenues and expenditures.
Barcelona had the largest wage bill in the game, but also the largest revenues, so despite operating near their limit, were still within the limits of the sustainability rules. The problem they had, and that some analysts had warned about, was that too much of their debt was short term.
And then, Covid. Barça's debt spiralled and they were unable to meet the salary cap.
It was LaLiga's salary cap, and not their actual debt, that prevented them from signing Messi to a new deal and has forced them to cut back so severely on wages in the short term.
Their debt is still a problem, obviously, and they are still working to restructure it, but last I read was that rating agencies had actually maintained their credit rating and they were being backed by JPMorgan.
Madrid are by no means in the same situation. They were actually one of the very few clubs who didn't even post a negative P&L statement over Covid. They've been comparatively frugal in the transfer market for years, and also got a number of high earners off their books in recent seasons (Bale coming off too this year), which means their situation isn't even remotely similar to Barça's. They're in remarkably good financial shape. Their main debt is long term, since they took out a 700M loan for the stadium redevelopment, but they've got something like 30 or 40 years to repay it, and for most of that time the funds will actually come from the increased stadium revenues.
On a separate note, 👏🏻 to the Valencia fans. Now that’s what making a stand against shiiiit owners looks like
comment by Lexington 125.2 (U8879)
posted 8 minutes ago
If you believe this really has anything to do with FFP, then... just wow.
----------------------------------------------------------------------
Of course it's to do with FFP. It literally says that in the statement
comment by Robbing Hoody - Legacy Fan (U6374)
posted 17 seconds ago
comment by Lexington 125.2 (U8879)
posted 8 minutes ago
If you believe this really has anything to do with FFP, then... just wow.
----------------------------------------------------------------------
Of course it's to do with FFP. It literally says that in the statement
----------------------------------------------------------------------
So... you believe everything that’s said in statements then?
Ahhh, clears things up.
comment by Lexington 125.2 (U8879)
posted 2 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 17 seconds ago
comment by Lexington 125.2 (U8879)
posted 8 minutes ago
If you believe this really has anything to do with FFP, then... just wow.
----------------------------------------------------------------------
Of course it's to do with FFP. It literally says that in the statement
----------------------------------------------------------------------
So... you believe everything that’s said in statements then?
Ahhh, clears things up.
----------------------------------------------------------------------
What? Look, you're having a bit of a mare here but it's quite clear that they are saying that PSG are cheating by putting this deal together on the back of registering losses of 100's of millions over the past few years. That's it. That's their point.
Just for banter what do you think it's about?
comment by Boca Seniors (U19731)
posted 2 hours, 5 minutes ago
Real have cheated for years. They have been subsided by the state, the local council and the royal family for years. They are a bunch of hypocrites.
----------------------------------------------------------------------
this is nonsense
give facts not heresy
Sign in if you want to comment
LaLiga statement on Mbappe deal
Page 2 of 3
posted on 22/5/22
But this is why they wanted to be in a super league, to remain competitive in the face of what they are saying is cheating.
posted on 22/5/22
But the statement is from La Liga.
posted on 22/5/22
Yes, that's right.
posted on 22/5/22
Gotta laugh at La Liga, they are playing the moral card now after their own competitive teams became broke by abusing their financial position.
Nevertheless, how do PSG get away with the huge losses they are incurring each season?
posted on 22/5/22
comment by Robbing Hoody - Legacy Fan (U6374)
posted 7 minutes ago
Yes, that's right.
----------------------------------------------------------------------
Do you not think Real and Barca joining a European Super League might not also have affected the integrity of La Liga, and put hundreds of jobs at risk too?
Tbh I find this a remarkable statement really.
posted on 22/5/22
comment by Lexington 125.2 (U8879)
posted 59 seconds ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 7 minutes ago
Yes, that's right.
----------------------------------------------------------------------
Do you not think Real and Barca joining a European Super League might not also have affected the integrity of La Liga, and put hundreds of jobs at risk too?
Tbh I find this a remarkable statement really.
----------------------------------------------------------------------
Yes I do, and as such La Liga will be unhappy that their clubs cannot compete with cheating.
Tbh, I am not sure what your point is, it doesn't seem to make sense.
posted on 22/5/22
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
posted on 22/5/22
La liga know they're screwed. Their two top teams are what drives traffic to their league and they are constantly over spending. They also know the gulf will only force them teams to want to break away even more so I kinda get their frustration in ways.
Obviously if they managed their teams more responsibly in the first place and didn't allow them to acrue monstrous debt it could've avoided most of this. In terms of $ generated barca and Madrid make a fortune.
Short term over spending, and spending badly, is something clubs have to pay the consequences for. Even if psg/city/Chelsea have blank cheques and advertising revenue is questionable that isn't the reason them the two Spanish giants are a financial shambles.
Is an argument for them 3 clubs, even Newcastle in the future, operating on a different level to other clubs, but the Spanish team's can't blame that for their own bad practices. Unfair competing against them maybe. The reason barca/madrid spent badly, no chance.
posted on 22/5/22
comment by Lexington 125.2 (U8879)
posted 16 minutes ago
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
----------------------------------------------------------------------
No I'm fine, what exactly is your point?
posted on 22/5/22
I'm not sure Real are a financial shambles are they?
posted on 22/5/22
Surely they've broken ffp? Isn't that what there complaining about
posted on 22/5/22
Comment deleted by Site Moderator
posted on 22/5/22
comment by FootyMcfootfoot (U21853)
posted 9 minutes ago
La liga know they're screwed. Their two top teams are what drives traffic to their league and they are constantly over spending. They also know the gulf will only force them teams to want to break away even more so I kinda get their frustration in ways.
Obviously if they managed their teams more responsibly in the first place and didn't allow them to acrue monstrous debt it could've avoided most of this. In terms of $ generated barca and Madrid make a fortune.
Short term over spending, and spending badly, is something clubs have to pay the consequences for. Even if psg/city/Chelsea have blank cheques and advertising revenue is questionable that isn't the reason them the two Spanish giants are a financial shambles.
Is an argument for them 3 clubs, even Newcastle in the future, operating on a different level to other clubs, but the Spanish team's can't blame that for their own bad practices. Unfair competing against them maybe. The reason barca/madrid spent badly, no chance.
----------------------------------------------------------------------
Indeed. Real and Barca have historically been given free rein to completely overspend, without sanction from La Liga. And now when things are no longer going their way, they’re suddenly questioning the spending of a club from outside their jurisdiction?
Laughable really.
posted on 22/5/22
comment by Lexington 125.2 (U8879)
posted 12 minutes ago
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
----------------------------------------------------------------------
From the actual statement:
"This kind of behaviour led by Al-Khelaifi, president of PSG, and member of the UEFA Executive Committee and president of ECA, endangers European football on the same level as the European Super League."
LaLiga stating that the deal "endangers European football on the same level as the European Super League" implies that they definitely have not forgotten that Madrid and Barcelona have tried/are trying to form the breakaway league.
posted on 22/5/22
comment by it'sonlyagame (U6426)
posted 2 minutes ago
comment by Lexington 125.2 (U8879)
posted 12 minutes ago
Ahh, heavy night was it?
Try rereading a bit later then, perhaps.
----------------------------------------------------------------------
From the actual statement:
"This kind of behaviour led by Al-Khelaifi, president of PSG, and member of the UEFA Executive Committee and president of ECA, endangers European football on the same level as the European Super League."
LaLiga stating that the deal "endangers European football on the same level as the European Super League" implies that they definitely have not forgotten that Madrid and Barcelona have tried/are trying to form the breakaway league.
----------------------------------------------------------------------
Not included in the article, so fair enough.
Nevertheless, La Liga’s statement just comes across as trying to placate one of its favoured sons. A club that were, merely a year ago, quite prepared to leave it to crumble into dust.
posted on 22/5/22
It isn't their facking business. Remember when Madrid bought the galactico team for huge prices. No other league complained at that time. The PL tv deal is already much higher and this will increase in the upcoming years. Tebas complained for years about the PL getting more money from the TV rights.
posted on 22/5/22
I think people just want to see a bit of fairness right across football, unless it's their team gaining an advantage, obviously.
posted on 22/5/22
comment by Boca Seniors (U19731)
posted 7 minutes ago
It isn't their facking business. Remember when Madrid bought the galactico team for huge prices. No other league complained at that time. The PL tv deal is already much higher and this will increase in the upcoming years. Tebas complained for years about the PL getting more money from the TV rights.
----------------------------------------------------------------------
There was no FFP then so this is moot.
posted on 22/5/22
If you believe this really has anything to do with FFP, then... just wow.
posted on 22/5/22
comment by Lexington 125.2 (U8879)
posted 1 minute ago
comment by FootyMcfootfoot (U21853)
posted 9 minutes ago
La liga know they're screwed. Their two top teams are what drives traffic to their league and they are constantly over spending. They also know the gulf will only force them teams to want to break away even more so I kinda get their frustration in ways.
Obviously if they managed their teams more responsibly in the first place and didn't allow them to acrue monstrous debt it could've avoided most of this. In terms of $ generated barca and Madrid make a fortune.
Short term over spending, and spending badly, is something clubs have to pay the consequences for. Even if psg/city/Chelsea have blank cheques and advertising revenue is questionable that isn't the reason them the two Spanish giants are a financial shambles.
Is an argument for them 3 clubs, even Newcastle in the future, operating on a different level to other clubs, but the Spanish team's can't blame that for their own bad practices. Unfair competing against them maybe. The reason barca/madrid spent badly, no chance.
----------------------------------------------------------------------
Indeed. Real and Barca have historically been given free rein to completely overspend, without sanction from La Liga. And now when things are no longer going their way, they’re suddenly questioning the spending of a club from outside their jurisdiction?
Laughable really.
----------------------------------------------------------------------
For a number of years now, and unlike any other of the big leagues, LaLiga establishes an annual salary cap for all of its clubs, based on each club's revenues and expenditures.
Barcelona had the largest wage bill in the game, but also the largest revenues, so despite operating near their limit, were still within the limits of the sustainability rules. The problem they had, and that some analysts had warned about, was that too much of their debt was short term.
And then, Covid. Barça's debt spiralled and they were unable to meet the salary cap.
It was LaLiga's salary cap, and not their actual debt, that prevented them from signing Messi to a new deal and has forced them to cut back so severely on wages in the short term.
Their debt is still a problem, obviously, and they are still working to restructure it, but last I read was that rating agencies had actually maintained their credit rating and they were being backed by JPMorgan.
Madrid are by no means in the same situation. They were actually one of the very few clubs who didn't even post a negative P&L statement over Covid. They've been comparatively frugal in the transfer market for years, and also got a number of high earners off their books in recent seasons (Bale coming off too this year), which means their situation isn't even remotely similar to Barça's. They're in remarkably good financial shape. Their main debt is long term, since they took out a 700M loan for the stadium redevelopment, but they've got something like 30 or 40 years to repay it, and for most of that time the funds will actually come from the increased stadium revenues.
posted on 22/5/22
On a separate note, 👏🏻 to the Valencia fans. Now that’s what making a stand against shiiiit owners looks like
posted on 22/5/22
comment by Lexington 125.2 (U8879)
posted 8 minutes ago
If you believe this really has anything to do with FFP, then... just wow.
----------------------------------------------------------------------
Of course it's to do with FFP. It literally says that in the statement
posted on 22/5/22
comment by Robbing Hoody - Legacy Fan (U6374)
posted 17 seconds ago
comment by Lexington 125.2 (U8879)
posted 8 minutes ago
If you believe this really has anything to do with FFP, then... just wow.
----------------------------------------------------------------------
Of course it's to do with FFP. It literally says that in the statement
----------------------------------------------------------------------
So... you believe everything that’s said in statements then?
Ahhh, clears things up.
posted on 22/5/22
comment by Lexington 125.2 (U8879)
posted 2 minutes ago
comment by Robbing Hoody - Legacy Fan (U6374)
posted 17 seconds ago
comment by Lexington 125.2 (U8879)
posted 8 minutes ago
If you believe this really has anything to do with FFP, then... just wow.
----------------------------------------------------------------------
Of course it's to do with FFP. It literally says that in the statement
----------------------------------------------------------------------
So... you believe everything that’s said in statements then?
Ahhh, clears things up.
----------------------------------------------------------------------
What? Look, you're having a bit of a mare here but it's quite clear that they are saying that PSG are cheating by putting this deal together on the back of registering losses of 100's of millions over the past few years. That's it. That's their point.
Just for banter what do you think it's about?
posted on 22/5/22
comment by Boca Seniors (U19731)
posted 2 hours, 5 minutes ago
Real have cheated for years. They have been subsided by the state, the local council and the royal family for years. They are a bunch of hypocrites.
----------------------------------------------------------------------
this is nonsense
give facts not heresy
Page 2 of 3