The report in the Mail on Sunday newspaper that QPR could run afoul of UEFA’s Financial Fair Play standards and face a fine in the £60 million range is no surprise. Harry Redknapp has a history of pushing clubs beyond their economic means and, in QPR’s case, he took an already bad situation and made it unsalvageable. This having been said, the efforts of UEFA to crack down on the likes of QPR and La Liga side Malaga is reducing competition and helping to solidify the hegemony of the largest clubs in Europe.
QPR and Malaga were never going to challenge the established order, yet their ability to spend and attract players is thanks largely to money and geography (West London and the Costa Del Sol). Football’s authorities should be made to answer why a club like Malaga is slapped around by UEFA while established clubs are able to run up huge debts and spend at will.
Let’s take West London for instance. Chelsea’s commercial revenues will always outpace Fulham’s whose will likely always outpace QPR’s whose revenues will always outpace Brentford’s. So what we then have is a pecking order, a virtual caste-system of haves and have nots in one area of one European capital reinforced by the official rules of UEFA. Incentive for investors to buy smaller clubs and pump money into the club, and by extension money into football, will dry up.
Why would non-local investors want to get involved in a club that is in the second-tier of English football or a lower-tier Spanish club if they are being effectively forced to stay in place by football’s governing bodies? It is nice to be romantic about the need for community teams and local ownership, as well as idealistic goals for owners. I would like view the football world this way also, but I also believe in competition, investment to grow the game and allowing the little guy to have a chance to live the dream within reason.
I thought Malaga getting within a dodgy call of a semifinal berth in the UEFA Champions League last season was a wonderful story for the sport. Romantics should have indulged in the deep run and good fortune of a non-traditional club and the rewards it gave their long suffering supporters. Obviously the authorities disagree with this sort of romanticism.
Certainly there should be rules that prevent another Leeds United or Portsmouth from happening. But the way UEFA’s Financial Fair Play is constructed is too much of a giveaway to large clubs. I was hopeful the implementation of rules would carry some common sense but after the Malaga ban and potential QPR punishment, it is obvious common sense has gone out the window.