Follow us

Financial doping is European football’s biggest problem, proclaims Javier Tebas

no image
no image

La Liga president Javier Tebas has professed that financial doping is European football’s biggest problem with the Spaniard demanding that a change takes place. This comes days after a Deloitte financial report revealed that the twenty richest sides’ in Europe earned well above 9 billion combined.

The Deloitte report sees Spanish clubs Barcelona and Real Madrid top the list with combined earnings of €1.6 billion with the former becoming the first club to cross the €800 million mark. That is cause for concern all over but what has shocked a few even more is that Manchester United sit third with Manchester City and PSG slowly catching up to them.

That saw Tebas take a subtle dig at the two clubs owned by wealthy Middle Eastern companies and the La Liga president went on to admit that clubs being financed by states have caused problems to the hierarchy. He also added that countries that have strict economic controls are at a massive disadvantage and that is something that European football has to take a look at and level the playing field.

“One of the major issues in European football is related to doping. Because when we have clubs being financed by states, then that has an impact on salaries. That means in other countries with more strict economic controls like Spain and Germany clubs cannot actually ask the state for extra financing to pay those salaries,” he said at the launch of LaLiga TV.

“Organisations and institutions have a responsibility to redistribute the wealth that we generate. All of us, the Spanish league, the Premier League, UEFA, FIFA. I don’t think we are helping football in any way if we generate wealth and it just goes straight back to the big clubs. In the end instead of having 12 Ferraris, they have 15. We’re dealing with major clubs generating a huge amount of money. So our aim is to redistribute that wealth,” he added.

Comments

Leave a comment

0 Comments

read previousSunderland Poised to Make Bold Move for French Star
Sunderland is looking forward to signing Enzo Le Fee, the midfielder of AS Roma, in the January Transfer Window on a loan deal. This deal could strengthen their line-up and help them to get promoted in the football leagues.
What Liverpool are doing right now is incredible, gushes Kylian Mbapperead next
France star Kylian Mbappe has rhapsodized Liverpool’s achievements this season with the PSG star in awe of Jurgen Klopp’s side. Six months into the 2019/20 season, Liverpool are unbeaten in the league and are on par to break numerous records on their way to winning their first Premier League title.
View non-AMP page