For years, clubs have had the freedom to spend money however they want. Football clubs owned by wealthy owners have enjoyed the most since they are willing to fork out lots of money to acquire the best and most expensive players. Such clubs include Chelsea, PSG, Barcelona, Man City, Real Madrid, Manchester United, and Arsenal.
Allowing rich clubs to spend money as they wish might influence wagering decisions on bookmakers like Betway, as smaller teams are disadvantaged. Their limited finances mean they have less chance of winning trophies and participating in prestigious competitions like the Champions League and the Europa League. That’s because they lack the financial muscle to compete with big clubs. However, Leicester City has been defying odds after winning the premier league without spending massive amounts of money on signings.
To close the gap between the big clubs and the smaller clubs, UEFA introduced Financial Fair Play [FFP] rules in September 2009. The rule was put in place to regulate the amount of money a club spends. According to the law, a club shouldn’t spend more than they earn in the pursuit of instant success. Teams that don’t abide by the rules get penalized.
UEFA recently reviewed these rules and planned to alter them. The four fundamental changes could allow clubs to splash as much money on signings without the fear of going against the FFP rules. The overhaul is courtesy of UEFA President Aleksander Ceferin, who plans to do away with the FFP rule and allow clubs to spend any amount of money. These rules might influence live soccer betting at sites like Betway, as rich teams will be much stronger due to their ability to get the best money can buy.
The new rules will give the clubs power to control their finances, especially in the transfer market. These changes will greatly impact Arsenal, who are currently in the process of re-organizing their team to restore them to their former glory and require more quality players. The first change will give each club a say before implementing the FFP rules introduced by the former President, Michel Platini, and impose what the clubs decide.
Recently, Arsenal has splashed money on talented players, and doing away with FFP rules gives them more room to spend. The Gunners have always approached the transfer market with caution, choosing to sign quality over quantity. The new rules suggest that clubs can spend what’s necessary, conforming with Arsenal’s principle, hence a plus for them.
Arsenal is known to have the best scouts globally who are good at identifying upcoming talents. As such, the Gunners can now spend on players who could become future superstars and generate more income for the team. Even better, introducing a salary cap will positively impact Arsenal as they might never undergo the Ozil situation again.
Mesut Ozil has been the highest-paid player in Arsenal’s squad, despite losing his spot in the first team. The Gunners struggled to push Ozil out of their paycheck, but he wasn’t willing to leave.
UEFA also intends to introduce economic sanctions. The proposed regulations will be a plus to Arsenal since they will no longer have to worry about strict punishment and bans that have prevailed over the years.
They has started designing the new regulations, although they must discuss them with the EU parliament before engaging the clubs. If the rules are approved, Arsenal is set to be among the primary beneficiaries.
