FFP shouldn’t make big clubs the ‘great unwashed’: Chelsea chairman

By: Reuters | London |

Published: October 11, 2018 10:18:22 pm





Chelsea had won only one English league top-tier title, in 1954-55, until Russian billionaire Roman Abramovich bought the club in 2003. (File Photo) 

  • Chelsea want to send racist fans on Auschwitz trips instead of imposing bans

    Chelsea want to send racist fans on Auschwitz trips instead of imposing bans

  • Chelsea winger Eden Hazard reiterates Real Madrid dream

    Chelsea winger Eden Hazard reiterates Real Madrid dream

  • Former Chelsea, England defender John Terry retires from football

    Former Chelsea, England defender John Terry retires from football

Financial fair play rules should not lump big clubs like Chelsea and Manchester City with the ranks of the “great unwashed”, Chelsea chairman Bruce Buck said on Thursday. The American suggested inequality in soccer was not necessarily a bad thing and said the rules now denied other clubs the chance of one day rising like Chelsea to the top of the Premier League.

“I personally believe that for the development of football, marquee clubs and marquee players are important,” Buck told the Leaders Sport Business summit at Chelsea’s Stamford Bridge ground. “I am not, as a general proposition, in favour of dumbing down the large clubs in order to make all clubs the great unwashed. They’ve done that in the U.S. over the last 20 years and I think it’s been to the detriment, particularly of baseball. “MLS (Major League Soccer) started with that model of competitive balance…and I just don’t think it works for the long term.”

Buck said there were 10 or 12 big clubs in Europe at present and he expected those same ones to be at the top in five or 10 years time. “The dream in England is, if you support a Conference team, that some day you’ll win the Premier League. Financial Fair Play has pluses and minuses, and one of the minuses is that dream is now over. “What Chelsea did in 2003, what Man City did five years later, that’s virtually impossible to do under financial fair play,” he added.

Chelsea had won only one English league top-tier title, in 1954-55, until Russian billionaire Roman Abramovich bought the club in 2003. They have since won five Premier League championships. Champions Manchester City, now level on points with Chelsea and Liverpool at the top, had not won the league title since 1968 when they were taken over in 2008 by Abu Dhabi United Group.

The following year they spent more in the transfer market than any other English club and have since won three Premier League titles. Buck said clubs had to find their “natural position” in the football hierarchy, while also seeking to improve.

With the exception of Leicester City in 2016 and Blackburn Rovers in 1995, Manchester United, Chelsea, Manchester City and Arsenal have won every Premier League title since the 1992-93 season.

“I don’t think we should assume that because every club is not equal, that therefore it’s bad,” Buck said.

HOT DEALS
  • Asus Vivobook X510UA-EJ1070T(15.6"FHD anti Glare/i3-8130U(8th Gen.)/4 GB DDR4/1 TB/WIN10/FingerPrint/Backlit KB/GOLD/1Y)

    ₹ 36875 MRP ₹ 47990 -23%
    ₹3688 Cashback
    Buy Now

  • LENOVO IP 510 (80SV00YCIH) (Core i5 -7th Gen/ 8 GB RAM/ 1…

    ₹ 49700 MRP ₹ 68500 -27%
    ₹ Cashback
    Buy Now

European soccer’s governing body UEFA introduced a Financial Fair Play break-even rule in 2011 to stop clubs spending beyond their generated revenue.

The policy is designed to prevent rich owners from trying to buy success and distort the transfer market. Teams can be thrown out of European competition for breaching the rules but UEFA has generally negotiated settlements with offending clubs.

Must Watch

  • Congress' Sanjay Nirupam comes under fire for comment favouring north Indians,video

    Congress' Sanjay Nirupam comes under fire for comment favouring north Indians

  • jalebi,jalebi movi,jalebi movie cast,jalebi movie review,jalebi movie songs,video

    Rhea and Varun reveal why their film is called Jalebi

  • #metoo movement,abuse,india,kanika gahlaut,mental health,video

    Six women journalists accuse union minister MJ Akbar of sexual harassment

  • Brett Kavanaugh is the 114th Justice, and 108th white male on Bench: News in Numbers,video

    Brett Kavanaugh is the 114th Justice, and 108th white male on Bench: News in Numbers

For all the latest Sports News, download Indian Express App

Leave a Comment

Your email address will not be published. Required fields are marked *

*
*