You're probably right on the money there.
Really interesting articles. Especially the stats on Italy. Wages reached 100% of turnover in 2001, and Serie A hasn't even broken even except in 2006. Unbelievable.
Interesting that the EPL as a whole makes money, though not much, and especially that the Bundesliga makes nearly twice as much when there's nowhere near as much cash washing around, and it's cheap as chips to go to German stadia (you can get into most Bundesliga games for under £10).
Footie wages are ridiculous, but it's also refreshing to see an industry where the actual workers take home the big money, instead of the pointy-haired bosses.
I'm all for clubs being forced to break even longer-term, but I'm against actual wage caps. It's not as if ticket prices would actually drop: all the cash would go into Ashley's/Glazer's/etc. pockets instead.
Does anyone know exactly what Chelsea's debt is? Loans from Abramovich?
I think they stand to lose most under new restrictions. In Man Utd's and our case, the losses/debt are a result of the purchase of the clubs, in Chelsea's case, it's their actual business model.
They might not have t introduce a salary cap, clubs in 3 or 4 years will most likely have a set bidget...players and agents will have to then adjust their salaries etc to match.
We may see a better spread of talent, maybe not.