FA Must Implement 1% Levy on £842.7M Transfer Circus
Fans of Barnet FC , Wrexham FC , FC Halifax, Kidderminster Harriers , Grimsby, Forest Green Rovers, Lincoln and every other Conference Premier, North and South club must have been disgusted by the amount of money that changed hands in the summer window. £842.7M is is a kings ransom and far to close to a billion for comfort.
Thanks for reading STMI
The 2014 summer transfer window reached new heights, staggering fans and pundits alike. One could argue that the Financial Fair Play initiative is beginning to work, but given the pace of increase fanned by the new TV deal, valued at £5.4Bn over three years, no one should be surprised at the feeding frenzy at the golden trough. If a transfer levy of just one 1% was shared amongst League 1,Two or the three Conference divisions, just think what it could do for the foutue of The England team and grass roots football as a whole.
It was records across the board as six clubs broke their transfer records with Manchester United topping them all to set a new British record of £59.7 million for Di Maria. Hull City, West Bromwich Albion and Leicester all signed eleven players. Indeed the window saw the movement of 163 players, with 26 moving on the final day. A relatively anticlimactic £70 million changed hands on the last day with Sky having to nurse the deadline day story until the early hours of the day after when Falcao (£6m loan) and Welbeck (£16m fee) contributed the final £22 millions.
As for the Financial Fair Play factor, do me a favour. Manchester City and PSG were certainly quieter this summer after £50 million fines, however Chelsea continue to spend, spend, spend thanks to the Russian funding. City still spent £51.5 million on 4 players plus Sagna on a free and Lampard’s wages on loan.
The average spent on a player moved to £6,696,428 with United averaging£24,283,333 (6 players) against Liverpool’s somewhat frugal £14.6m on their crazy eight. United dug deep, to put it mildly necessity is the mother of invention, whereas the former forward ‘Fangs’ funded half of the Merseyside red mist. What would English grassroots football do with a 1% transfer levy. Over to you Greg Dyke……..
Posted on September 2, 2014, in Uncategorized, Vanarama Premier News, Writers - Neil Gentleman-Hobbs and tagged Barnet FC, FC Halifax, Forest Green Rovers, Grimsby, Kidderminster Harriers, Wrexham FC. Bookmark the permalink. 3 Comments.