Depends I would say.

At the moment the game is utterly broken, as most of the big clubs (and quite a few not so big clubs) are run by either:

- nation states that dont care about making money but about soft power/sportswashing. they would throw billions at this if they could.
- or investors that seem to have little interest in making money, but just want a massive ego trip by throwing money at clubs like they're playing FM with the editor switched on
- or perhaps investors that are betting that the bubble has a lot further to go, so sure they're blowing money left and right on players, but worry not, because every player you buy will be worth double whatever you bought them for in X years time.

Either way, spend (or spending intent) is really rather disconnected from income. But not for us. We are self funding, and hence have no capacity at all to chase the bubble up too.

Hence, at the moment, our only hope is really getting someone with loads of money to throw some at us. And it therefore feels logical that if you stop clubs doing that, then we're harmed.

BUT, i would say that if the authorities do this properly, then it may burst the bubble. Clubs will now only be able to spend what they earn, so Saudi wont be able to spend a billion in the summer. Chelsea's little experiment (which is really betting that the bubble goes on growing for ever) will fail, and come crashing down. Player values will stop going up and up and up. And something approaching a more "normal" competitive structure will emerge. Sure, we wont (and never will) be able to compete with Liverpool. But things should revert back to something like how they were before all the madness really got out of control.

That at least feels like a possibility.

The problem of course is that everyone connected with the game has every incentive to keep the bubble going. The bigger the cash going in, even if its dirty money or billionaire play thing money, the bigger the slice each individual can take.

Posted By: Under soil heating on January 17th 2024 at 16:17:48


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