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The difference between the wealthiest clubs and the poorest clubs has reached unprecedented levels. And it's ironic given the record amounts of money in the game today. We see football players becoming instant millionaires and purchasing fast cars while at the same time we see many clubs crumble under financial burden. It's a tragic irony. There's always something wrong in seeing a football club, especially one which gets packed houses, struggle to break even and compete for a title. Just as the amount of money circulating has increased, the cost of staying in the game has increased as well. The large increase in players' wages has led to many clubs struggling to remain competitive. Wages have increased so much that the average footballer is now a millionaire and figures among the richest earners in sport worldwide. Such large increases in wages put smaller, less rich clubs at a serious disadvantage in terms of challenging for titles and championships. As a result, many of these clubs have been forced to take financial gambles to be able to attract good enough players to remain competitive. This has backfired for some clubs such as Leeds United who in the space of 5 years went from being in the Champions League semi final to the English third division. As a result, many football people have begun to wonder whether such wage increases can effectively be controlled. In fact, it is being controlled in 2 countries: the USA and Australia. Both leagues employ a salary cap to make sure that every club in their respective leagues do not spend more than a certain amount on players' wages. However, what are the pros and cons of such a system being employed in Europe? The main advantage of such a system is that it ensures that each team is competitive despite their revenue and profits. It ensures parity and equity for the players and keeps the fans on the edge of their seats when it comes to challenging for the title as no one is shoo-in.
Article Source: http://www.articleselections.com
About the author: Antonio da Silva is the main writer of SportsNewsFootball.com, a leading sports news football website known for its daring and critical analysis of the major stories affecting the beloved game of football.
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