http://www.football-italia.net/feb24r.htmlMaurizio Zamparini warns, “sooner or later, English and Spanish clubs will fail” because they don't have the Italian financial rules.
It is reported a UEFA inquiry has found that the 18 recognised Premier League clubs - which do not include Portsmouth and West Ham because of their financial irregularities - have more debts than all of the remaining 714 European clubs combined.
“Italian football is not in crisis. We are doing perfectly well in financial terms, because the fenceposts put down work if anything too well,” insisted Palermo President Zamparini.
“No clubs can fail mid-season here, every transfer operation is covered by a bank statement. In terms of results we're not doing too badly either.
“The real failures are the English and Spanish clubs, even the Germans, where their finances are just frightening. They are in dire straits.”
When asked why Liga and Premiership teams do so well in the Champions and Europa League, Zamparini said the bubble would soon burst.
“They dominate and win precisely because they have no rules. The Spanish can afford to take Kaka and Zlatan Ibrahimovic away because they pay 3-4 million Euros more in wages and 60-70 million more for the transfer.
“In my view they are the crazy ones and we should not follow their example. Sooner or later the English and Spanish clubs will fail.”
Nonetheless, Zamparini feels more can be done to make the Serie A clubs more competitive.
“First of all we need to reduce Italian tax rates to the level of the other European countries.
“Then Europe should set salary caps, although I realise that is a very difficult thing to achieve. I'd do it tomorrow.”
Anyone agree with this?
I think he may have a point...but only to a certaindegree I think that clubs are wising up to their debt and starting to slowly peg it back.:greed: