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Ben Hayes - Charlton Athletic programme

European Leagues

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Premier League becoming more dominant

The competitive imbalance in Europe caused by the Premier League's latest television deal is a theme that is drawing increasing attention and the latest person to address it is the sporting director of Wolfsburg. Of course, the deal hasn't kicked in yet, but the transfer dealings of leading Premiership clubs appear to anticipate it.

Football and global energy politics

The link between football and the geopolitics of global energy supplies may not seem to be an obvious one.  But under conditions of globalisation, different sectors of the economy become intertwined.  Football can offer prestige, influence and access to decision-makers.    These links are explored in this interesting article.

Progress in Juventus finances

There has been substantial progress in restoring the finances of Juventus reports the authoritative Swiss Rambler blog in a detailed analysis.

After a pre-tax loss of €10.9m last year, there was a small pre-tax profit of €0.1m.   Admittedly, this then became a large post-tax loss because of a perverse Italian tax which penalises companies with high personnel costs which seems to be a disenctive to employment.

European leagues hit by Premiership wealth

The wealth of the Premier League is having an increasing effect on other European leagues.  Often highly priced transfers bring a welcome stream of income, but the standard is getting worse.   Even in top leagues such as that of Spain it is becoming more and more difficult in terms of salaries to compete with almost all the Premier League clubs and even some in the Championship.

Networking at Real

Access to the Palco executive box at Real Madrid's Bernebau stadium is higly prized.  As well as watching the football, it is where Spain's political and business elite come to network.

However, Madrid's new left-wing mayor, Manuela Carmena, won't be putting in an appearance.   She hasn't been invited yet anyway, but if she was, she would turn down the invitation.   She doesn't like the traditional closeness between Madrid's businessmen and politicians, something which has worked to Real Madrid's advantage.

Valencia hopeful of brighter future

Singapore billionaire Peter Lim acquired control of Valencia last year.   The club had struggled financially for years with debt increasing faster than income.

His plans remain unclear, but there are hopes of a brighter future.   As the Spanish economy recovers, that should also help.

French football 'heading for cemetery'

With its finances in an ever worsening state, French football is heading 'straight for the cemetery' according to Montpellier coach Rolland Courbis.   A better television deal has been secured, but it is still dwarfed by what the Premier League obtains.

Manchester City freed of FFP penalties

Manchester City have had the penalties imposed on them for breach of Uefa's financial fair play rules lifted.   They have been subject to limits on transfer spending and Champions League squad size.  Paris Saint-Germain have also had their sanctions removed.

City were also fined £49m spread over three years, but only the first £16.3m has had to be paid,

Relegation penalty for Ligue 1 side?

Corscian Ligue 1 side Bastia could be relegated for financial irregularities.  The €1.2m they owe doesn't seem to be a lot by modern standards, and they hope they could cover it by selling some of their best players.   However, the French authorities seem to be taking a 'rules is rules' stance.

Standard Liege sold

Roland Duchatelet has sold Standard Liege to the club's vice-president Bruno Venanzi.   He co-founded an energy company which specialises in green tariffs in 2003.   So far 83 per cent of Standard fans voting in an online poll have welcomed the news.