paulbefc
Player Valuation: £60m
It does make sense that an owner such as Abramovich now sees the PL as a completely different investment to what it was in 2003. Back then, you genuinely could "buy" the premier league and enjoy all the returns that brought you. You only needed to worry about United, Liverpool and Arsenal. CL football was near enough guaranteed every season.
In 2020, City and Spurs have come along and a bad managerial appointment or two in succession could see you out of the CL for years, missing out on a 9-figure number in revenue, while you have to spend enormous amounts trying to do the rebuilding job that may take a decade, as your rivals hoover up the money you're now missing out on. Meanwhile, Everton and Aston Villa, already big clubs with sizeable fanbases, have been taken over by ambitious and rich investors who pose a very credible threat of muscling into the elite, just as Roman did and making the situation even worse.
Do the likes of Abramovich have the stomach for that kind of competition? Will they start pulling investment as risk rises and expected returns fall? It would make perfect sense to do that to some. But why do that when you can just kick the ladder down, raise the barriers to entry and continue to profit?
In 2020, City and Spurs have come along and a bad managerial appointment or two in succession could see you out of the CL for years, missing out on a 9-figure number in revenue, while you have to spend enormous amounts trying to do the rebuilding job that may take a decade, as your rivals hoover up the money you're now missing out on. Meanwhile, Everton and Aston Villa, already big clubs with sizeable fanbases, have been taken over by ambitious and rich investors who pose a very credible threat of muscling into the elite, just as Roman did and making the situation even worse.
Do the likes of Abramovich have the stomach for that kind of competition? Will they start pulling investment as risk rises and expected returns fall? It would make perfect sense to do that to some. But why do that when you can just kick the ladder down, raise the barriers to entry and continue to profit?