Timeshare seemed like a bed of roses, but everything has tended to become an ordeal. The UEFA rules of financial ‘Fair Play’, together with the restrictions of each league in terms of economic matters, have complicated the very extensive projects that the big football businessmen have wanted to carry out, in different countries.
For example, the ‘Chelsea Group’, which contains the London entity itself, and Strasbourg from Ligue 1, is not raising its head. Todd Boelhy will have to sell, a lot, next summer. Not only because of the high number of players that the ‘blue’ squad accumulates, but also the salary burden, together with the justification of expenses at the end of the next year, take their toll.
The French club, like the English one, is not giving joy in sports. Several decisions regarding ups and downs have shaken a sports project that, in a way, is directed by Patrick Vieira as coach. They are four points away from relegation in the middle of the table in the neighboring country’s league. ‘Similar’ situations, a constant doldrums.
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Todd Boelhy, in the Stamford Bridge box.
In the ‘Lyon Group’ (OL, Botafogo, Molembeek and Crystal Palace) things are not going well either. Stifled by the financial ‘Fair Play’ in each transfer market, John Textor has decided to sell the Seattle Reign women’s club, a NWSL franchise, for 53 million euros, to clean up accounts and focus the general project on men’s football.
Sportingly… More of the same. Lyon seems to have come out on top, but is still 10th in Ligue 1. In Brazil, Botafogo lost the league in the last five rounds, and in Belgium, Molenbeek is last in the first division of Belgian football. Palace, an entity in which Eagle Football Holdings has a small stake, hopes to ‘re-emerge’ with the new addition of coach Oliver Glasner. Continue the downward dynamic.
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John Textor, owner of Botafogo, explodes after Palmeiras’ comeback
Back in England, the ‘Marinakis Group’ (Nottingham Forest and Olympiacos) find it difficult to smile. Mendilíbar has revived an Olympiacos team that seemed more dead than alive, but the bad news keeps coming from the British Isles. The last, along with the complicated dynamics in which the team finds itself, the deduction of 4 points in the Premier League for Nottingham Forest for non-compliance with financial rules.
In the case of Arabia and the PIF (Newcastle, Al Hilal, Al Nassr, Al Ettifaq and Al Ahly), lights and shadows. On the one hand, in the Arab country, Jorge Jesús’s Al Hilal has broken the historical record for consecutive victories. Money is no problem there. On the other… A Newcastle with serious financial fair play problems, and 10th in the Premier. Everything indicates that they will have to sell one of their stars next market.
The other side of the coin: Qatar and Grupo City
Despite the rest of the examples, two exceptions can be found that breathe a sigh of relief. The Qatar Investments Group (PSG and Braga), along with that of the United Arab Emirates (City Group), are the two examples of effectiveness.
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Sports successes in both cases, but if something must be highlighted, financially, it is the case of PSG with the departure of Mbappé and the money that the club no longer has to pay, and the sales with a good profit margin in the Braga. The City Group is indeed on alert due to the financial ‘Fair Play’ in the Premier, with Manchester City, but everything is flowing smoothly in the rest of the subsidiaries throughout the world.
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2024-03-20 09:05:44
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