Post by missmcgrory on Mar 7, 2014 8:58:20 GMT
Persuasive Essay - Too Much Money in Football - Jason Sharkey
There is too much money in football! And one way I think it should be dealt with is money-caps in football. For years now the money that has been put into football is growing drastically continuously. It isn’t just the players that earn too much, the managers get paid extortionate amounts also. Although this is a controversial topic because some fans actually believe these players and managers deserve these ridiculous wages just for kicking a ball well and telling these men what tactics to play. But, for one thing, I don’t. Do you really believe that these players deserve money such as £250,000+? Well the majority of public don’t with (according to the telegraph) 9 in every 10 spectators agreeing with me. I believe there should be caps made in football so teams can only use a certain amount of money to run the whole club over the whole season.
The players at Manchester City earn crazy amounts. The average wage for everyone in the first team, 35 players including youngsters, is £100,764 each per week as of 2013 which is huge as average wage for teachers is £26,373. These players at Manchester City are earning almost 4 times the amount teacher’s get paid, in a year, every single week. The prime minister only gets £130,000 per year and he generally is the most important man in Britain! These players all moved to Manchester City for the money, but who can blame them? If a man offers you a £3,000,000 per year wage rise to move club, who turns that down? But with a money cap such as the one I suggest this would stop this happening in such huge scale. It would stop teams being able to jump up the league in the matter of a couple of seasons and it would see the game as it should be, every team have a relatively even chance of winning. It would have stopped Manchester City’s outburst on the league when new chairman Khaldoon Al Mubarak joined the club and took a team which finished continuously mid-table, 15th out of 20 in the 2005-06 season, and turned them into a league winning team in the 2011-12 season. They are now seen as one of the world elites, fighting for the lucrative Champions League Trophy which is only one by the best team in Europe. This shows that the injection of nearly £1B into the football club makes a complete difference as most of the players in football are just money grabbers and they have no love for their team anymore.
This sort of thing isn’t just situated with Manchester City, it also applies to clubs such as Real Madrid, the club with the largest total worth in the world. Recently in the summer of 2013, Gareth Bale moved from Tottenham Hotspur in England to Real Madrid of Spain for a staggering, world-record breaking fee of £85,600,000. Surely one players services cannot be worth that much. That is the amount you would be expecting to win if you had a winning ticket for the Euromillions but instead it was used to buy 1 player. Sadly, this isn’t a unusual action from Real Madrid, the last 5 world record transfer fees have all been from Real Madrid and these massive price tags have helped Real Madrid become champions of Europe 9 times, the most in the world. The latest of course being Gareth Bale from Tottenham for £85.6m, before it was Cristiano Ronaldo from Manchester United for £80m, Kaka from AC Milan for £56, Zinedine Zidane from Juventus for £53m and Luis Figo from rivals Barcelona for £37m. How can a sport where grown men chase a ball around the park for 90 minutes possibly be worth so much? I find it a ridicule that teams can get away with just buying their way to victory, that teams can just buy who they want for what they want.
The monumental amounts of money used to pay for players and their wages isn’t the only place that money is overused. The managers that essentially pick the team every week earn millions also. The highest paid manager as of right now is Pep Guardiola who is the manager of the Champions League holder’s, Bayern Munich, and he earns a respectable £14.8m per year. I do however, understand that he is arguably the best manager in the world, alongside Jose Mourinho of Chelsea and Carlo Ancelotti of Real Madrid, but for someone who tells the best players in the world what to do he doesn’t deserve this much money! I bet there are millions of people who could lead the best players in the world to glory, and I bet they would happily do it for a fraction of the price too. If there was a financial funds cap in football these men that, I won’t say nothing but, do minimal work wouldn’t be earning this much money that could be used for much greater things in the world.
Another great example of why there should be a financial cap in football is the extinction of Rangers FC. They did what just about every other team in the world does by borrowing money from banks. They then used this vast amount of money to invest and buy overpriced players and pay for their overpriced salaries. However, what Rangers FC did was to pay these players’ wages they sent them to tax-free off-shore bank accounts so it would save them lots of money but, this is tax fraud. The HMRC picked up on it and started a legal case and won in 2012. Since they were dealing with such substantial amounts they just couldn’t pay off the banks when they, in turn, asked for their money back, this then lead to Rangers FC becoming liquidated and ceasing to be a club. They went from a top tier club in Scotland and holding a record for the most Domestic Top Tier League Titles won for any team in the world to starting up from the bottom tier with new owners and the club has to start all over again. The whole fiasco could have been prevented if it wasn’t for the fact that your only chance for success in the football world is to have a substantial amount of money, therefore they would not have had to use millions of pounds worth of the bank’s money and they could have lived on.
In conclusion, I think there should defiantly be a cap on the amount of money that a club is allowed to use to run their operation per year. This way it would stop players and managers alike earning far too much money that could be used for greater goods around the world such as helping to stop global poverty or bringing down the death rate in Africa. It would have also stopped clubs of the past from disestablishment and could also stop clubs that are using banks’ money now from going bankrupt.
Jason Sharkey
There is too much money in football! And one way I think it should be dealt with is money-caps in football. For years now the money that has been put into football is growing drastically continuously. It isn’t just the players that earn too much, the managers get paid extortionate amounts also. Although this is a controversial topic because some fans actually believe these players and managers deserve these ridiculous wages just for kicking a ball well and telling these men what tactics to play. But, for one thing, I don’t. Do you really believe that these players deserve money such as £250,000+? Well the majority of public don’t with (according to the telegraph) 9 in every 10 spectators agreeing with me. I believe there should be caps made in football so teams can only use a certain amount of money to run the whole club over the whole season.
The players at Manchester City earn crazy amounts. The average wage for everyone in the first team, 35 players including youngsters, is £100,764 each per week as of 2013 which is huge as average wage for teachers is £26,373. These players at Manchester City are earning almost 4 times the amount teacher’s get paid, in a year, every single week. The prime minister only gets £130,000 per year and he generally is the most important man in Britain! These players all moved to Manchester City for the money, but who can blame them? If a man offers you a £3,000,000 per year wage rise to move club, who turns that down? But with a money cap such as the one I suggest this would stop this happening in such huge scale. It would stop teams being able to jump up the league in the matter of a couple of seasons and it would see the game as it should be, every team have a relatively even chance of winning. It would have stopped Manchester City’s outburst on the league when new chairman Khaldoon Al Mubarak joined the club and took a team which finished continuously mid-table, 15th out of 20 in the 2005-06 season, and turned them into a league winning team in the 2011-12 season. They are now seen as one of the world elites, fighting for the lucrative Champions League Trophy which is only one by the best team in Europe. This shows that the injection of nearly £1B into the football club makes a complete difference as most of the players in football are just money grabbers and they have no love for their team anymore.
This sort of thing isn’t just situated with Manchester City, it also applies to clubs such as Real Madrid, the club with the largest total worth in the world. Recently in the summer of 2013, Gareth Bale moved from Tottenham Hotspur in England to Real Madrid of Spain for a staggering, world-record breaking fee of £85,600,000. Surely one players services cannot be worth that much. That is the amount you would be expecting to win if you had a winning ticket for the Euromillions but instead it was used to buy 1 player. Sadly, this isn’t a unusual action from Real Madrid, the last 5 world record transfer fees have all been from Real Madrid and these massive price tags have helped Real Madrid become champions of Europe 9 times, the most in the world. The latest of course being Gareth Bale from Tottenham for £85.6m, before it was Cristiano Ronaldo from Manchester United for £80m, Kaka from AC Milan for £56, Zinedine Zidane from Juventus for £53m and Luis Figo from rivals Barcelona for £37m. How can a sport where grown men chase a ball around the park for 90 minutes possibly be worth so much? I find it a ridicule that teams can get away with just buying their way to victory, that teams can just buy who they want for what they want.
The monumental amounts of money used to pay for players and their wages isn’t the only place that money is overused. The managers that essentially pick the team every week earn millions also. The highest paid manager as of right now is Pep Guardiola who is the manager of the Champions League holder’s, Bayern Munich, and he earns a respectable £14.8m per year. I do however, understand that he is arguably the best manager in the world, alongside Jose Mourinho of Chelsea and Carlo Ancelotti of Real Madrid, but for someone who tells the best players in the world what to do he doesn’t deserve this much money! I bet there are millions of people who could lead the best players in the world to glory, and I bet they would happily do it for a fraction of the price too. If there was a financial funds cap in football these men that, I won’t say nothing but, do minimal work wouldn’t be earning this much money that could be used for much greater things in the world.
Another great example of why there should be a financial cap in football is the extinction of Rangers FC. They did what just about every other team in the world does by borrowing money from banks. They then used this vast amount of money to invest and buy overpriced players and pay for their overpriced salaries. However, what Rangers FC did was to pay these players’ wages they sent them to tax-free off-shore bank accounts so it would save them lots of money but, this is tax fraud. The HMRC picked up on it and started a legal case and won in 2012. Since they were dealing with such substantial amounts they just couldn’t pay off the banks when they, in turn, asked for their money back, this then lead to Rangers FC becoming liquidated and ceasing to be a club. They went from a top tier club in Scotland and holding a record for the most Domestic Top Tier League Titles won for any team in the world to starting up from the bottom tier with new owners and the club has to start all over again. The whole fiasco could have been prevented if it wasn’t for the fact that your only chance for success in the football world is to have a substantial amount of money, therefore they would not have had to use millions of pounds worth of the bank’s money and they could have lived on.
In conclusion, I think there should defiantly be a cap on the amount of money that a club is allowed to use to run their operation per year. This way it would stop players and managers alike earning far too much money that could be used for greater goods around the world such as helping to stop global poverty or bringing down the death rate in Africa. It would have also stopped clubs of the past from disestablishment and could also stop clubs that are using banks’ money now from going bankrupt.
Jason Sharkey