It has been more than half a month since the transfer of the summer window of 2021 was over. It can be said that this is the craziest summer I have ever experienced. Various media have given ratings of signings from major European league clubs, Manchester United, Chelsea, and Manchester City. , Real Madrid, Inter Milan have all won S-level high scores, but if the best of them is not Paris Saint-Germain: Barcelona captain, Real Madrid captain, European Cup best goalkeeper, Champions League & Premier League champion merits, in a transfer Window, the players with these titles all go to a team, just such an operation is enough to be selected in the annals of history.
1. Crazy operation raises questions. Is the Fiscal Fairness Act a decoration?
Under the background that the epidemic has not yet ended, the clubs tighten their belts and live their lives. I thought they might experience the most prosaic summer. However, things are far from being as simple as everyone thought. The operation in Paris is simply "One wave has not subsided, another wave of invasion", not only in the transfer to the market, but also emboldened to reject Real Madrid's 180 million euro quotation for Mbappe, while spending lavishly, while giving up making money back to the blood Opportunity, then did Paris violate FFP (Fiscal Fairness Act)? Does UEFA President Ceferin deliberately cover up?
Question 1: What is FFP (Financial Fairness Act)?
To summarize briefly, a bill to control club expenditures that took effect in UEFA in the 2013/14 season to ensure a balance of revenue and expenditure and not excessive losses.
So the introduction of this bill regulates the market to a certain extent, but when everyone implements the same system, due to their own conditions, the impact will be more severe. For example, Premier League teams benefit from league broadcast revenue. , The audience is wide, the share is high, the expenditure that can be used for distribution is high; another example is Serie A, the situation is the opposite, the broadcasting income of the champion team is not even as good as that of the Premier League relegation team, let alone the middle and lower reaches of the team, the income is low, and available The expenditure for distribution is naturally low, and everything is kept simple.
In my opinion, the Fiscal Fairness Act did not achieve the purpose of its establishment, did not stop the polarization of the football world, on the contrary, it exacerbated this situation.Bundesliga and Serie A are relatively more compliant with the bill. What are the gains? Declining performance, brain drain, warnings and penalties, team bankruptcy (such an example can you think of), La Liga has to further introduce a "salary cap" policy, in exchange for the club's high debt, and the Premier League, which attracts a lot of support every year The better the team’s days go, investors know that the British team, even in the sub-league, will make a profit without losing money.
(I want to do a good job→improve performance→own youth training or buy good players→spend money→obey FFP→make money→can't make money→can't spend money→can't buy good players→decrease performance→difficulty in business→vicious circle )
For teams outside of the Premier League who want to increase their influence by attracting stars and improving their results, thereby increasing their club revenue, they have to look for other ways. The first thing to think about is how to cleverly avoid FFP.
Question 2: Is the transfer of Paris Saint-Germain overspend?
Let’s take a look at Paris’s transfer expenditures. The summer window of Paris Saint-Germain spent “only” 83 million euros- Ashraf, Danilo Pereira, Nuno Men Dess, the other four heavy signings-Messi, Ramos, Wijnaldum and Donnarumma, are free to sign in. If the income from the lease transfer is included, then The total cost is less than 70 million euros. For a club with an annual revenue of 600 million euros, the transfer fee of 70 million euros is added to the amortization of the financial rules (the transfer expenses can be amortized according to the length of the player’s contract 3 -5 years), so as far as this summer is concerned, Paris’s spending on the transfer market is far from reaching the point where the FFP red line can be touched.
According to the principles of the Fiscal Fairness Act, expenditures include sales costs, salary expenditures, player transfer fees, transfer agent commissions, signing fees and other financial expenditures.
Question 3: Has Paris Saint-Germain's salary overrun?
Let’s take a look at salary expenditure again,This is the most criticized aspect. La Liga President Tebas publicly bombarded Paris with the media a few days ago: It is incomprehensible that a club with a loss of 400 million euros has a total player salary of 500 million euros, but it can refuse to Mbappé's quote.
Believe that Tebas's remarks have expressed the doubts and dissatisfaction in most people's hearts. Why is Paris?
According to the news from the British media Sportsmail and the German transfer, the total salary of the players of the Grand Paris first team reached 256 million pounds (after tax). According to the French tax rate (50%-75%), after some conversion, the club will Players’ salaries bear a total of more than 500 million euros. This figure has become the highest salary expenditure of all sports clubs in the world.
It can be said that such salary expenditure should seriously exceed the red line of FFP. However, in front of the Qatar consortium, the rules may indeed be decorations, or it can be said that the use of superb financial management skills to circumvent FFP restrictions, especially in Nasser After supporting Ceferin and replacing Agnelli on the issue of the "European Super League" as president of European Club Association , there are no problems that seem to be seemingly non-existent.
2. The Fiscal Fairness Act is nothing but a paper tiger in front of the real owners
First of all, in order to alleviate the impact of the epidemic on each team, UEFA has relaxed the constraints of FFP. This year’s monitoring period is 2018 and 2019 are two fiscal years (excluding the 2020 epidemic year), while the 2022 supervision will put the 2020 and 2021 fiscal years together. focuses on the decline in revenue due to the epidemic (take 2019 as the year). Base), the loss is allowed to be made up by club shareholders to invest funds.
This means that Paris Saint-Germain can achieve the purpose of increasing revenue through player sales, shareholder reinvestment, and new sponsors before June 30 next year. Paris still has nearly a year to take advantage of the epidemic period. The easing policy of the country has a good plan for how to meet FFP.
Secondly, the question that many people are concerned about is whether the Qatar consortium uses its own company to continuously sponsor Paris in violation of FFP.In fact, the core content of FFP has never been to restrict "self-sponsorship", because there are countless examples of this. Juventus can raise the sponsorship fee through the parent company EXOR Group to solve the salary problem of C Ronaldo, Sassuolo The sponsorship cost of the shirt sponsor Mapei is 1/3 higher than that of AC Milan’s Emirates. These are allowed by the rules, because if you want to ban it, you can’t help it.
What really hits is "fake accounts". Swap players to do accounts actually belongs to this category, but this practice actually has a direct impact on the team's strength. Therefore, it only limits the "excessive accounts". That is to say, the amount of the account must match the player's worth. A player who cannot be worth 10 million euros makes a 100 million euro account. How to toss and toss within the risk range.
Strictly prohibited "fake accounts" belong to the type of "you deceive yourself". You sponsor yourself in name and meet the FFP on the account, but the sponsorship fees are not actually paid. On the surface, the debt crisis is indeed increasing. .
Looking back at Paris Saint-Germain, because of the backing of the Qatar consortium, it is obviously not a club of "fake accounts", so as long as the actual funds arrive in the account, the account name can be properly accounted for.
3. Can Paris’s Jinyuan route be long-lasting?
Real Madrid’s “Superstar Policy” and Barcelona’s “Dream 3” have all left their sequelae. When the players’ strength drops after the peak period, the salary is still maintained. The high position has caused the team’s excessive salary burden and blocked the team’s renewal channel. However, it is still a market route after all. Paris and the former are fundamentally different, which has greatly surpassed market behavior. For Paris This kind of "drenched inhumanity" Jinyuan route, as long as the Qatar consortium exists for one day, Paris will have one more day of carefree days, because Paris Saint-Germain has become Qatar's business card for establishing the image of national football, unless UEFA issues a strict Control policies.
If Paris Saint-Germain’s move is more of a positive output for the football world,In the course of history, the development of football has been promoted, making it an inevitable trend, then the gold dollar model in Paris will definitely survive for a long time, and if this kind of action exists to promote the football industry Negative effects, then new rules will inevitably be introduced to eliminate them. It is only a matter of time.
In fact, this year has already appeared such an example-the European Super League, "European Super League" from birth to death only took 48 hours, because it forgot a fundamental principle-universal applicability, it seems that It is a gold dollar event that can only be enjoyed by super giants, so it has attracted the opposition of most people. At the same time, UEFA, which has touched its own interests, has borrowed this "public opinion" to make itself the incarnation of justice. In fact, The behavior of Paris Saint-Germain seems to be more intensified than the "European Super League". Its essence is centered on "capital" and "money." Wealth eventually achieves common prosperity. From this point of view, Cheferin is actually protecting Paris Saint-Germain.
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