July 21, 2009

Its a mad mad world

Football… bloody hell !

Whilst the summer opened up new avenues for corporate giants to reinvent, retool and rethink their investment strategies following the credit crunch, footballing world had literally worn an armour and a shield to protect itself from the credit crisis.

The transfer prices this season would have one believe that capitalism is the best thing to have ever happened on Earth. The biggest perpetrators of inflating the market are Real Madrid and Manchester City.

Real Madrid has always been a club hugely favoured and amply supported by the Spanish government since the rule of Franco. It cringes one to see the poverty and the penury of this world on one side and 200 million pounds (an interest free loan) being spent on a handful of supreme athletes on the other side.

Every liter of fuel consumed around the world culminates in Manchester City having a bigger transfer chest. If only the credit crunch affected them, it was in making them bid for Ronaldo for a reported 100 million pounds as opposed to the previously proposed 140 million pounds.

Amidst the mad spending of the two clubs, managers like Sir Alex, Ancelotti and Jose Mourinho haven’t been dragged into any kind of bidding war and have bided their time without flaunting their cash.

I’ll leave you to debate on the choice of the above managers to be skinflints this season. Were they right in not splashing the cash and getting the best possible players or have they missed a trick in trying to be prudent and might actually end up paying more next year as it happens to be a World Cup year.

3 comments:

Vivek aka Pisciotta said...

I would like to point to out that in Real Madrid's case, it is Perez who is spending the dough and Pellegrini has very little say (or no say) in who comes and who goes and for how much...

As for Manchester City is concerned, Hughes has money to blow. Without debts to be worried about. Simple as that...

Thats not the case with United and Liverpool who have large debts in hand...As for Chelsea is concerned, Mr. Abramovic is ready to blow, but no one seems to be coming...As for as Mr. Mourinho goes, well, he's a genius. Lets leave it at that...

RedViv said...

@ Vivek

I hope you did say the thing about Mourinho being a genius with your tongue in cheek.

He has a horrible record of transfer targets during his time at Chelsea. But must agree the coup he pulled off, Ibra-Eto'o swap was just unbelievable. Barca were robbed in daylight.

Liverpool have not been promised cash, no doubt, ditto with Arsenal, so never wanted to include them in the discussion.United have massive debts but had the 80 milion in hand if the Glazers are to be believed. If Fergie wanted someone, I dont think the Glazers would have stopped him.

I personally think some managers have done well not to splash the cash.
65 million for a 27 year old who hit his peak and who doesnt have the same effect on the market as a Kaka or a Ronaldo does ? Enough said

Vivek aka Pisciotta said...

@Redviv, I actually think Mourinho is a genius...For many factors...

Well, I had actually penned down my thoughts on the cash splash a while ago on http://liverpool-at-anfield.blogspot.com/2009/06/armageddon.html and http://liverpool-at-anfield.blogspot.com/2009/06/not-so-much.html