Summary:
Football club Manchester City has announced a £ 200 million pound last over the last football season 2010-2011. It is the biggest financial loss in the English football history. The UEFA is going to add financial fair play rules to football in the year 2013-2014. This means Manchester City has to break even in 3 years’ time, which is almost impossible for a football club with such high losses. City is currently owned by a Sheik from the Middle East called: Sheikh Mansour of Abu Dhabi. He spent more than 500 million pounds on players since 2008.
My opinion:
I think the government of countries that at this point still allowed football clubs to create such huge losses, should discuss this within their party and come up with a solution. Because if it continues this way it will affect the economy of these countries at a certain point. I also think it is unfair to other football clubs which does not have these amounts of moneys to spend on football players. The players will just go to the clubs which pays them the highest salary. It has to stop soon, because else certain football clubs will buy all the good and expensive players, and the game of football will slowly die.
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