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What have I learned about the financial league?
The European Court ruling said that the union of European football associations or the federation of international football associations by European union law does not have the right to blockade the formation of the financial league but their ruling and I put it in bold DOES NOT VALIDATE THE EXISTENCE OF THE FINANCIAL LEAGUE . So the European courts basically told U.E.F.A. they have to come up with a system to approve leagues like the Financial League.
England is no longer part of the European Union sequentially European Law does not have weight and after the fan outcry , the English government has a law about to be signed to ban teams from joining a league outside the English FA.
Bayern Munich is a rich club, Real Madrid or FC Barca or whomever else aside of them feeling undone by smaller financial fortunes does not warrant a remodeling of the only global while the most effective sports governance model in humanity.
All the people in media including regular folk online who don't think themselves media outlets are lying when they suggest the financial league has been approved , it was not. So all the disinformationalist need to stop, really.
I thought the English Premier League was always the progenitor to the Financial League but I miscalculated, that many in England always saw the larger goal of the E.P.L. which was to destroy the balance of the game. And, when the clubs in England tried to join the Financial League publicly, the memory of the creation of the E.P.L. went against the clubs.
The EUropean Courts ruled the rules for new leagues were illegal but they never said UEFA didn't have the right to make the rules. Again, how many posts starting with common folk , uttered, UEFA doesn't have the right to block. And said some common folk, never say that the Financial League admits UEFA has the right to determine them now. Yes, UEFA does, it can not be crude, it has to be defined rules, but UEFA has the right under even rules to block the Financial League so the Financial League isn't back. It seems UEFA's system for new leagues will be after four tests: administrative and financial, sporting and technical, ethical, sporting merit.
My Financial League tumblr post, it is many and most have full articles, some I support using my over-blog if too long https://rmfantasysetpieces1.tumblr.com/archive/tagged/financialleague
CITATIONS FOR MY POINTS- full articles to read https://rmfantasysetpieces1.over-blog.com/2024/12/what-have-i-learned-about-the-financial-league-12/18/2024.html
A22 video https://a22sports.com/en/competition/
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Navigating the Complex World of Finance: Why Joining The Financial League Is Your Best Investment.
In today's fast-paced and ever-evolving financial landscape, staying informed and connected is crucial. Yet, many professionals and enthusiasts find themselves overwhelmed by the sheer volume of information and the rapidly changing dynamics of the industry. Whether you’re a seasoned expert or just starting in the financial services sector, you’ve likely faced challenges in keeping up with the latest trends, regulations, and innovations. You might have struggled to find a community that offers the support, insights, and connections you need to thrive. This is where The Financial League steps in as the ultimate solution to your problems.
The Challenges in the Financial Services Industry
The financial services industry is vast and multifaceted, encompassing everything from traditional banking to cutting-edge fintech innovations. As a result, professionals across the spectrum often grapple with several common challenges:
Information Overload: With a constant influx of data, news, and regulations, it can be difficult to discern what’s relevant to your specific area of expertise. This leads to decision fatigue and missed opportunities.
Networking Hurdles: Building and maintaining a network of like-minded professionals is essential, but it’s not always easy to find the right connections. The industry’s competitive nature can make it challenging to forge genuine relationships.
Lack of Specialized Knowledge: The financial services sector is incredibly diverse, covering areas such as accounting, auditing, compliance, risk management, banking, insurance, investment services, and more. It’s nearly impossible to be an expert in all fields, yet professionals are often expected to have a broad understanding of the industry.
Keeping Up with Trends: The rapid pace of innovation, particularly in fintech, means that staying ahead of the curve is a constant challenge. Without the right resources and community, it’s easy to fall behind.
Career Growth Stagnation: Without access to a supportive and knowledgeable community, many professionals find their career growth stagnating. They struggle to access the insights, mentorship, and opportunities needed to advance.
The Solution: Welcome to The Financial League
Introducing The Financial League, a new Facebook group and online community designed to address these challenges head-on. Whether you’re a professional looking to deepen your expertise, an enthusiast eager to explore new areas of finance, or someone aiming to expand your network, The Financial League is your premier destination.
Here’s how The Financial League can help you overcome the common challenges in the financial services industry:
Streamlined Information and Insights: The Financial League curates the most relevant and up-to-date information across the financial services industry. By joining, you’ll gain access to a wealth of knowledge on topics such as accounting, auditing, financial exchanges, compliance, risk management, banking, insurance, investment services, and more. With The Financial League, you can stay informed without feeling overwhelmed.
A Thriving Professional Network: In The Financial League, you’re not just joining a group—you’re becoming part of a vibrant community of professionals and enthusiasts who share your passion for finance. The connections you make here will help you grow your network, exchange ideas, and collaborate on exciting projects. Whether you’re in fintech, banking, or investment services, The Financial League is the place to meet like-minded individuals.
Access to Specialized Knowledge: The diversity of topics covered in The Financial League means you’ll always find the expertise you need. From pension funds and consulting to mortgage and lending, treasury management, leasing, and foreign exchange, The Financial League is your go-to resource for specialized knowledge. You don’t have to be an expert in everything—The Financial League connects you with experts who can help.
Staying Ahead of Industry Trends: The Financial League is dedicated to keeping its members at the forefront of industry trends. By joining, you’ll stay updated on the latest innovations in fintech, credit services, financial advising, and more. The Financial League ensures you’re always ahead of the curve.
Career Advancement Opportunities: One of the key benefits of The Financial League is its focus on career growth. Through insightful discussions, mentorship, and access to a wide range of financial education and research, The Financial League empowers you to take your career to the next level. Whether you’re looking to move up in your current role or explore new opportunities, The Financial League is here to support your journey.
Why The Financial League Is Different
There are plenty of financial communities out there, but The Financial League stands apart for several reasons:
Comprehensive Coverage: The Financial League covers the entire spectrum of the financial services industry, ensuring that no matter your area of interest, you’ll find valuable content and connections.
Expert-Led Discussions: The discussions in The Financial League are driven by industry experts who bring years of experience and knowledge to the table. You’ll gain insights that you won’t find anywhere else.
Collaborative Growth: The Financial League fosters a spirit of collaboration, where members are encouraged to share their knowledge, ask questions, and support each other’s growth. It’s not just about networking; it’s about building a community that thrives together.
Regular Updates and Events: The Financial League is constantly evolving, with regular updates, events, and opportunities to engage with the community. From webinars and workshops to live Q&A sessions, there’s always something new happening in The Financial League.
Join The Financial League Today
If you’re ready to take control of your financial career and join a community that’s as passionate about finance as you are, then The Financial League is the place for you. Don’t let the challenges of the industry hold you back—become a part of The Financial League and unlock the full potential of your career.
Welcome to The Financial League, where the future of finance is built together. Join us now and take the first step towards a brighter, more successful future in the financial services industry.
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The photo above is of Steven Zhang . who in my opinion shows how rare it is for even the rich to sign a quality contract. The story is complete. For whatever reason , only one club that signed the contract for the Financial league actually put clauses in it to protect their club. The club in question was Inter Milan, and the president of the club at that time was Steven Zhang. What did Zhang, whom I will forever respect do? He made sure a clause was in the contract for Inter Milan such that they could pull away if they didn't get the support of all their sponsors. This is called business!! BUSINESS!!! What asshole who is the president of a club signs a contract not informing their sponsors, and beyond that offers no provision for the protection of their club. I can tell you the assholes. Josep Bartomeu- the now legally fallen former president of FC Barcelona which is funny cause, Barca always talks about the club members voting and yes the president of barca was unwilling to have a clause in the contract allowing barca to leave if their members voted out. Andrea Agnelli the now excommunicado former president of Juventus clearly put his career on the line and when his cousin found out about this, he was out. Now I comprehend why hi cousin did what he did. This idiot born rich went to the finest schools supposedly signed a contract binding Juventus to a project absent an escape clause. Asshole. These are the rich, they are dumb. The glazers who own Manchester United, the Red sox owners who own Liverpool, the Kroenkes who own Arsenal, are the backbone of this and this goes back to the purpose of usa owners in England in the first place. The English Premier league should not had been given the first tier status in England, the English fa betrayed itself allowing that, and that led to the financial league today. These Statians are dumb. I don't mind greed, but signing a contract that you can't get out, is dumb, that makes you an asshole. The abu dhabi royals are assholes who don't care. Uncaringness doesn't make you an asshole. They have so much money they don't care. No matter what legally happens mcfc is not the cornerstone of their empire. Florentino Perez is an asshole gambler. He lost the presidency of Real Madrid with the first galacticos for the overall result of the project. I imagine the gamble is to remain president forever. He clearly led the show. Abramovic was an asshole owed, in his case one and a half billion dollars by Chelsea itself. Because of external events he wrote that money off and then sold the club. Now I comprehend why the English government was so keen to give Chelsea to someone from the usa, maybe he was the only viable buyer. Because any new buyer of Chelsea, if they are not interested in being part of the financial league wouldn't be able to leave Chelsea based on the contract signed. Now I fully comprehend why PSG/Bayern Munich/West Ham and others didn't join. The news media knew everything I am posting, but chose to not mention it cause it would expose most of the clubs who signed the contract to the financial league as incompetent, at least. Bayern Munich is many things but to sign a contract without a clause that allows them to get out is… irresponsible.
The fans of the game, the clubs who signed, the clubs who did not, in majority are opposed to the financial league. But the clubs who signed a contract without a clause to get out in my view are more than greedy, the fans great claim; they are stupid, assholes, those presidents and owners are no different than a player who signs a bad contract with a club.
Looking at you Endrick and Vitor Roque.
Steven Zhang, well done, well done. A true business person of quality. I am really angry that all these financially wealthy people were willing to sign a contract that didn't offer themselves protection. That is.. really negative. Greed isn't evil. But Greed absence care for thyself is.
THESE ARTICLES or FRAGMENTS CITE MY POINT
Why Inter are the only team that formally quit the Super League ByLorenzo Bettoni Mar 4, 2022 13:39
Inter have officially abandoned the Super League project thanks to a clause included in their contract with the organizers of the breakaway competition.
The Nerazzurri were part of the 12 elite European clubs that announced the Super League less than a year ago. It collapsed within 48 hours with Premier League giants quitting the project, followed by Inter, Milan and Atletico Madrid.
Juventus, Real Madrid and Barcelona are still involved and the Old Lady’s President Andrea Agnelli insisted yesterday that the Super League ‘did not fail.’
However, he added that the contracts signed one year ago are still valid for 11 of those 12 clubs.
“UEFA knew that I as Juventus president was working on something different,” said Agnelli.
“The Super League is a collective work of 12 teams, not one person. Twelve clubs signed a 120-page contract and it is still binding for 11 of those clubs.”
According to COPE, Inter are the only team that has formally managed to quit the competition. The Serie A champions had a clause that allowed them to pull away from the project if it didn’t gain the support of all of their sponsors.
https://football-italia.net/inter-quit-super-league-thanks-to-contract-clause/
… Fans are opposed to the new league, and aren’t interested in watching it Our snap poll shows just how strongly fans feel, with nearly eight in ten (79%) of those who follow football opposed to the new league, including over two thirds (68%) who “strongly oppose” the ESL’s creation.
Opposition is highest among fans of the left-behind Premier League teams, with 88% of those following a team outside the big six opposed to the European Super League, compared to 76% of fans of the big six themselves.
Only 14% of football fans are in favour of the new league. Even among fans of the big six set to be part of the ESL, fewer than a fifth (19%) support of its creation.
As well as being opposed to the new league’s creation, only a fifth of those who follow football (21%) expressed an interest in watching ESL matches when the season begins.
While some three in ten supporters of the English sides taking part (31%) are interested in watching, two thirds (68%) are not.
Among fans of Premier League teams outside the big six, interest is even lower, with only 13% interested in watching compared to eight in ten (83%) who are not interested in tuning in.
In fact, three quarters of fans (76%) would rather their team not join the European Super League, including a similar proportion of those who support one of the big six clubs acting as founding members (74%).
Chairman of the European Super League, Real Madrid president Florentino Perez has said the new competition would "help football at every level” and their “responsibility as big clubs is to respond to [fan’s] desires”. However, fans don’t see the creation of the European Super League as being either motivated by what fans want to see, nor as good for lower level clubs.
The vast majority of football followers think that the 12 founding clubs have been motivated more by financial gain (89%), with just 3% thinking that the creation of the European Super League is being driven more by fan’s desires, while some 5% think both motivations have played a part. …
https://yougov.co.uk/sport/articles/35361-snap-poll-football-fans-overwhelmingly-reject-euro
All six English football clubs that joined the European Super League have failed to formally leave it, amid claims by organisers that the competition will “eventually relaunch in modified form”.
The so-called big six stated that they were withdrawing from the ESL after its launch backfired in April. However, the clubs — Manchester City, Manchester United, Liverpool, Arsenal, Tottenham Hotspur and Chelsea — remain co-owners and shareholders of a holding company in Spain with clubs from Spain, France and Italy.
Several of the clubs acknowledged yesterday they were still part of the European Super League Company but said they were determined to leave. Yet two senior sources close to the venture claim there is “no mechanism” for them to withdraw, and that the league is waiting to be relaunched in modified form.
They said all 12 of the original breakaway clubs had to agree unanimously to dissolve the entity and that any club leaving unilaterally faced unlimited fines.
Organisers believe the owners of the clubs accept that the football world faces a financial crisis exacerbated by Covid-19 and that in due course they will relaunch a compromise version of the Super League.
“The owners know this is not the end — it’s just the beginning,” a senior source said. “We will resume dialogue, whether this year or next year. It’s just financial gravity. Football can’t survive in its current form.”
Florentino Pérez, the president of Real Madrid, has said the 12 clubs that joined the league have “binding contracts”. Real Madrid, Barcelona and Juventus have not abandoned it.
Arsenal said: “We have been absolutely clear we are withdrawing from the ESL. This is subject to a legal process which is under way.”
Manchester United said: “The club has no intention to revisit the Super League concept. Any suggestion otherwise is simply an attempt to mislead our fans.”
When the ESL plan was rushed out at the end of April, the government threatened legislation to block it. After an intense backlash from fans and the media, nine clubs — the six English sides, AC Milan, Inter Milan and Athletico Madrid — dropped out, leaving Real Madrid, Barcelona and Juventus.
The three clubs have said they are within their rights to form a new competition, as a result of which they would withdraw from the Uefa-run Champions League, Europa League and Europa Conference League.
Uefa and Fifa, the European and world governing bodies, united in opposition to the Super League, saying that the participating teams would be banned from their domestic leagues and their players from international competition.
Super League representatives believe that Uefa and Fifa are breaching EU competition laws by preventing the clubs from breaking away. A case has been filed with the European Court of Justice with the aim of establishing whether the two governing bodies do indeed have the exclusive right to organise competitions. The hearing could take up to two years.
A source close to the Super League said: “It’s our belief we will win that case based on precedent in other sports and it will pave the way for the Super League to eventually relaunch in a modified form.”
https://www.thetimes.com/article/football-super-league-is-not-dead-just-resting-gbrp00dpv
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my issue with perez's line of thinking is, if uefa is a monopoly then CAF/Conmebol/AFC/Concacaf are monopolies too and by extension FIFA is a monopoly. And that isn't true. So many people call the beautiful game the worlds game but then talk about monopolies. if the beautiful game is the worlds game then it has to have global administration. And any wise global administration/FIFA will have regional governorship/Confederations and sub regional governorship /the FA's. And the sub regional governors, mirroring sovereignty will have freedom to control sport in their bounds. I think it is efficient and what I see with perez is a desire to save real madrid to the detriment of most other clubs which i don't comprehend why other clubs would desre. Real MAdrid realizes the future will not be in spain or europe/uefa and so is trying to change their situation ala statian/usa sports model to overcome the challenges. But the model he suggest can't survive the wars/battles /fights or similar negatives between countries. Look at russia /ukraine. Both of these countries in the fifa model have their fa's and do their thing. internally. UEFA acted as a group but UEFA never interferred in russia or the ukraibe, uefa only interferred in the relationship of either to uefa concerns. This is the problem with the financial league. The financial league by default looks to cross international boundaries but how will that work seriously when war occurs. I see financial catastrophes and games of a negative nature far worse. Lastly, I do blame england's FA for this too. The EPL was never a bad idea financially, like the financial league isn't a bad idea financially by Perez, but like PErez with real madrid, the english clubs that started the epl should never have been allowed in the english tier, they should have been forced to make a financial league all their own and have entry into english football through the cup competitions which were originally designed for league representatives to meet in the same country. Few will remember but when the financial league was announced UEFA said the financial league can occur but the clubs in it can't compete in uefa competitions and then laliga said they couldn't compete in laliga. And Perez was angered. Perez wants more than a financial league he wants a financial league for a small set of football clubs while those same clubs are then allowed to operate as if they are part of the 99% of other clubs in humanity. THe EPL got their cake and eat it too. UEFA side FIFA can not allow Real Madrid and the financial league it is heading to do the same. Cause if the Financial League succeeds, as perez desires with full entry into all fifa/uefa/spanish fa competitions, I am certain real madrid will make money and I am certain the set of clubs in it will make money. But I am also certain the global fabric of the beautiful game which has grown to be the only sport with a set of club owners that represent all in humanity, of all phenotypes/genders/ages/languages/geographies/religions or any other racial category in humanity will die and that will be a true tragedy.
#rmsoccer
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How to Overcome Common Financial Industry Challenges with The Financial League
Navigating the complex landscape of the financial services industry can be daunting, whether you're a seasoned professional or an enthusiastic newcomer. The Financial League is here to help you overcome these challenges and thrive in your career. In this blog, we'll discuss the common problems faced by individuals in the financial sector and how The Financial League offers solutions to these issues.
Problem 1: Staying Updated on Industry Trends
The financial industry is constantly evolving, with new regulations, technologies, and market trends emerging regularly. Keeping up with these changes can be overwhelming and time-consuming.
Solution
The Financial League provides a centralized platform where you can stay updated on the latest industry trends. Our community shares real-time updates and insights, ensuring you're always in the know. By joining The Financial League, you'll have access to a wealth of information from experts who are at the forefront of industry changes.
Problem 2: Building a Professional Network
Networking is crucial in the financial services industry, but finding the right connections can be challenging. Many professionals struggle to build a network that can offer support, advice, and opportunities.
Solution
The Financial League is a vibrant community of professionals and enthusiasts from various sectors of the financial industry. By becoming a member, you'll have the opportunity to connect with like-minded individuals, expand your professional network, and forge valuable relationships. Whether you're looking for mentorship, collaboration, or career opportunities, The Financial League has you covered.
Problem 3: Accessing Diverse Financial Knowledge
The financial services industry encompasses a wide range of topics, from accounting and auditing to fintech innovations and financial education. Gaining expertise in multiple areas can be difficult without a reliable source of diverse knowledge.
Solution
The Financial League covers a broad spectrum of financial topics, including accounting, auditing, financial exchanges, compliance and risk management, banking, insurance, investment services, financial advising, brokerage services, fintech innovations, credit services, pension funds, consulting, mortgage and lending, treasury management, leasing, foreign exchange, and financial education and research. Our members share their knowledge and experiences, providing you with a comprehensive understanding of the industry. Join The Financial League to access this rich repository of information and broaden your expertise.
Problem 4: Finding Reliable Financial Advice
With so much information available, it can be hard to determine what advice is trustworthy. Many individuals in the financial industry struggle to find reliable sources of guidance.
Solution
The Financial League is a community of experts who are passionate about sharing their knowledge and helping others succeed. By participating in our discussions and forums, you'll receive advice and insights from experienced professionals who are dedicated to providing accurate and trustworthy information. The Financial League ensures that you have access to reliable guidance, helping you make informed decisions in your career.
Problem 5: Navigating Compliance and Risk Management
Compliance and risk management are critical aspects of the financial services industry. Staying compliant with regulations and managing risks effectively can be complex and stressful.
Solution
The Financial League offers a wealth of resources and discussions on compliance and risk management. Our members share best practices, regulatory updates, and strategies to help you navigate these challenges with confidence. By joining The Financial League, you'll gain access to a supportive community that can help you stay compliant and manage risks effectively.
Problem 6: Enhancing Your Career Development
Professional growth and career development are essential for success in the financial services industry. However, finding opportunities for advancement and skill enhancement can be difficult.
Solution
The Financial League is committed to fostering the career development of its members. We offer various opportunities for learning and growth, including webinars, workshops, and mentorship programs. By joining The Financial League, you'll have access to resources that can help you enhance your skills, advance your career, and achieve your professional goals.
Problem 7: Engaging with Fintech Innovations
The rapid pace of technological advancements in the financial industry, particularly in fintech, can be challenging to keep up with. Many professionals struggle to stay informed about the latest innovations and their implications.
Solution
The Financial League is your go-to source for fintech innovations. Our community discusses the latest technological advancements and their impact on the financial industry. By joining The Financial League, you'll stay ahead of the curve and be better prepared to leverage new technologies in your career.
Problem 8: Managing Financial Education and Research
Continuous learning is vital in the financial services industry, but accessing high-quality educational resources and research can be difficult.
Solution
The Financial League is dedicated to promoting financial education and research. Our community shares valuable educational resources, research papers, and insights that can enhance your knowledge and expertise. By joining The Financial League, you'll have access to a treasure trove of learning materials that will help you stay informed and excel in your career.
Join The Financial League Today!
Are you ready to overcome these challenges and take your career in the financial services industry to the next level? Join The Financial League and become part of a dynamic community of professionals and enthusiasts who are passionate about finance. Connect with experts, stay updated on industry trends, access diverse knowledge, and enhance your career development. Together, we can achieve collaborative growth and foster a vibrant financial community.
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The football economy is entering a new era Published: November 17, 2022 12:20pm EST
The idea that football is the "mirror" of society is often put forward in salons and turns out to be rather accurate from the point of view of its economy. Branko Milanovic, a renowned specialist in inequality and a fine football analyst, observes this well: "Football has been a mirror of society, where inequalities have increased exponentially over the last three decades," he explains in the columns of Forbes magazine.
At a time when the World Cup is criticised for its social and environmental organisational conditions,21st century football is not immune to the major economic debates of the day, particularly that of growth and inequality. In our opinion, all these questions are symptoms of a historical and economic transformation of this sport.
According to the English sociologist Richard Giulianotti, football has gone through four periods in its history. The traditional period extends from the establishment of the rules at the end of thenineteenth century until the First World War; early modernity corresponds to the interwar period when competitions were invented; late modernity, the one that saw professionalization take place, came to an end at the end of the 1980s; while the postmodern period began, that of media coverage, the liberalization of the labor market and growth.
The thesis we defend in our latest book is that we are now at the dawn of a new era that we describe as hypermodern.
Stars, bands, income, and viewers
Four characteristics allow us to define this hypermodernity. The first concerns economic inequalities, which have widened sharply in previous decades. They are observed on the one hand between the clubs of the same league, on the other hand between the different championships, and have the sporting consequence of competitions, both national and international, dominated by a few teams much richer than the others. They also concern the distribution of footballers' salaries, with an increasingly strong segmentation of the labour market in relation to stars, or even superstars.
The second characteristic is the arrival of new investor profiles, namely public and private investment funds, often American for the latter and already owners of team sports franchises across the Atlantic. Compared to the previous period, this change in "ownership" can have at least two consequences: football will now have to be financially profitable whether at the level of clubs or leagues; In addition, "galaxies" of clubs are formed around the same owner. The wealthy Emirati buyers of Manchester City, for example, have gradually brought eleven other clubs into their "City Football Group" since 2008, including New York FC, Palermo and Troyes. The third concerns the globalization strategy of the major clubs and leagues that provide them with increasingly substantial commercial revenues and international broadcasting rights. Finally, the last characteristic relates to the demand for football itself. It is the result of the arrival of new broadcasters such as Amazon Prime in France, the multiplication of broadcasting platforms and new ways of consuming football, especially among the younger generations.
Piketty at the penalty spot
The economics of football has thus become an interesting field for applying the analytical grid inspired by the global success of economist Thomas Piketty's book Capital in the Twenty-First Century, the first edition of which dates back to 2013. The author showed that the theme of wealth distribution and inequality are now at the heart of society. Football does not seem to be exempt from the rule.
Since the 1990s, the world of football has experienced very strong growth in the main European countries. Excluding transfers, club revenues come from four main sources: broadcasting rights, ticketing, sponsors and merchandise (jersey sales for example). All of them have increased significantly since the 1970s but in different proportions: ticketing, predominant fifty years ago, has gradually seen its share decrease in favour of TV rights and sponsorship in the major European clubs.
This economic boom has been accompanied by an increase in inequalities between clubs, at national and European level. As in society in general, this growth in inequality mainly concerns the top of the distribution. The share of revenue of the most upscale clubs has increased in the turnover of the leagues, which has resulted in an increased concentration of titles. In the German first division, for example, nine different clubs won the first division in the 1960s, five in the 1990s and only two since 2010.
Despite the growing incomes, the football economy remains a "smaller economy" than we think. Above all, until recently, it generated little or no profit for its shareholders. The fact is that many owners, billionaires or sovereign wealth funds, often buy teams for reasons other than the simple financial profitability of their investments: "soft power", nation branding or philanthropy are the key words.
Deserving stars? When football and inequality are linked, the question of players' salaries also comes to mind. The idea that they are "overpaid", at the individual level or in the clubs' wage bill, crosses the political field. The right formulates social criticisms, the left questions the liberalism that feeds them: there is, in any case, a certain consensus to see in the remuneration of footballers one of the sources of the supposed ills of the current football economy.
It should be noted that only a very small part of the players earn millions, while the majority have extremely short careers, about four years in the elite on average. In addition, less than one in three transfers is the subject of a monetary transaction in the five major leagues (England, Spain, Italy, Germany and France) and about one in seven worldwide.
The fact remains that there are strong inequalities between footballers and that these have also increased. Lowering the salaries of superstars, however, comes up against a "moral" impasse. These players have a talent that is far above average, the cost of which for the clubs is highly convex: the big teams are then ready to pay a high price for the "genius" of these extraordinary players, a unique talent that cannot be "substituted" for that of several "average" players. It is, moreover, to see the latter play that a fan pays for his ticket to the stadium, even if it harms the chances of seeing their favorite team win. From this point of view, if we adopt the philosophical principles of John Rawls, superstar footballers "deserve" their remuneration: the expression of their talent contributes to the well-being of the "community", especially disadvantaged backgrounds. Daniel Cohen, director of the Economics Department at the Ecole Normale Supérieure (ENS) in rue d'Ulm, puts it this way in a column written for Le Nouvel Obs:
"Football is the only case where young people, most often from working-class backgrounds, extort billionaires with their consent."
As the extension of Kylian Mbappé's contract at Paris Saint-Germain suggests, the trend is towards an increase in very high salaries likely to change the functioning of the football job market. We have probably gone from a system with two segments, superstars and others, to a system with three segments: the few hyperstar players, the more superstars and the others.
Empty stands Does this observation on inequalities defend the idea of football in crisis, in a post-pandemic context? Contrary to everything that was announced by the wooden prophets, what the coronavirus has changed in football, apart from the financial difficulties that the entire economy has suffered, is nothing or not much and we are certainly not living through the apocalypse! The most visible "crisis" was that of the fans due to the generalized closed doors from March 2020 and throughout the 2020-2021 season. Beyond its financial aspects, the absence of the public was felt on two levels. From a sporting point of view, without this "twelfth man", we could wonder if it became less of an advantage to play at home than usual. Taking advantage of this "natural experiment", economists have come to nuanced conclusions regarding the outcome of the matches, but not about the refereeing. The men in black were more lenient for the visiting team in the empty stadiums, revealing a role of "social pressure" from the fans.
Above all, it gave television broadcasts without the flavor of an atmosphere. The lesson to be learned from this is that this dimension of the "spectacle" to which supporters are no strangers must therefore be taken into account when measuring the importance of TV rights in club budgets. Maradona said that "Playing behind closed doors is like playing in a cemetery".
Fans have also recently been burned by the proposal of some presidents of major clubs to "secede" through the (aborted) project of a more or less closed Super League. This recurrent project, and relaunched in recent weeks, of a European championship illustrates, in our opinion, an economic necessity to reform competitions, a development that is undoubtedly one of the main current challenges in professional football. The creation of the Super League, the culmination of all the elements characterising the hypermodernity of football, would then constitute the "apotheosis". URL https://theconversation.com/leconomie-du-football-entre-dans-une-nouvelle-ere-194706
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This is temporary, more legal battles are coming. The structure of FIFA is at stake. After near 100 years surviving cold wars, internal conflicts, the FIFA model holds true. Each country one Football association to govern futebol in it. each fa aligned to others in a confederation. Each confederation a sub body of fifa itself. Simple , elegant Efficient. Clubs making international tournaments left and right will hurt the game.
TRANSLATION
ITALIAN FOOTBALL FEDERATION 00198 ROME - VIA GREGORIO ALLEGRI, 14 PO BOX 245O OFFICIAL PRESS RELEASE N. 224/A The Federal President having regard to the resolution of the Federal Council adopted at the meeting of 17 May 2021, published with Official Press Release no. 243/A of 18 May 2021, and the resolution of Federal Council adopted at the meeting of 20 December 2023, published with Official Press Release no. 140/A of 21 December 2023; having seen, in particular, art. 16, paragraph 2, letter. a) of the NOIF, referred to in Official Press Release no. 243/A of 18 May 2021, which reads “[….] if they participate in competitions organized between private associations not recognized by FIFA, UEFA and the FIGC”; having also seen point A-1) of Section II) "FURTHER REQUIREMENTS FOR THE SERIES A COMPANIES", point A-1) of Section III) "FURTHER OBLIGATIONS FOR SERIES B COMPANIES" and point A-1) of Section V) "FURTHER OBLIGATIONS FOR SERIES C COMPANIES”, referred to in Official Press Release no. 140/A of 21 December 2023, which reads as follows: "[….] containing […] the commitment not to participate in competitions organized by private associations not recognized by FIFA, by UEFA and the FIGC"; deemed it appropriate to analyze the wording of the aforementioned rules in light of the sentence C-333/21 of the Court of Justice of the European Union of 21 December 2023; having seen the art. 24, paragraph 3 of the Federal Statute; having consulted the federal Vice Presidents d e l i b e r a to temporarily suspend, pending completion of the aforementioned investigations, the effectiveness of the provisions referred to in the aforementioned art. 16, paragraph 2, letter. a) of the NOIF, referred to in Official Press Release no. 243/A of 18 May 2021, limited to the part which reads as follows: " […..] if they participate in competitions organized between private associations not recognized by FIFA, UEFA and FIGC", as well as the aforementioned letters. A-1) of Section II), letter. A-1) of Section III) and letter. A-1) of Section V), referred to in Official Press Release no. 140/A of 21st December 2023, limited to the part which reads as follows: “[….] containing […..] the commitment to do not participate in competitions organized by private associations not recognized by FIFA, by UEFA and the FIGC". This resolution will be ratified by the Federal Council at its first meeting useful. PUBLISHED IN ROME ON 24 MAY 2024 THE GENERAL SECRETARY Marco Brunelli PRESIDENT Gabriele Gravina
OFFICIAL LINK
https://www.figc.it/media/235298/224-sospensione-art-16-comma-2-noif.pdf
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EPL in Europe
The reality isEngland has never been the most dominant in UEFA compeititon in a ten year span. Never. Spain has done it. ITaly has done it. Germany has done it. England has never been the most dominant in a decade.
The problem is the ability to make money is falsely connected to athleticism or athletic quality. This is done by media cause that is how you guide listeners.
And again, I have nothing against the financial league being created,I have something against the lie to its origins or nature. Based on revenue, financial quality, the financial league, commonly called the super league project in uefa, should be mostly EPL teams with thw two spanish giants, bayern munich, psg and a few others. That is an honest financial list of the largest revenue earning teams in uefa.
BUT that doesn't mean any of those teams are the best athletically in a season.
I take some excerpts from the article
for the first time since 2012-13, only two English clubs qualified for the knockout stages of the Champions League. For the first since 2013-14, there were no semi-finalists from the Premier League in either of the two major continental competitions.
Manchester United are the culprits in chief, landing in what, Bayern Munich apart, looked perhaps the Champions League’s weakest pool and yet contriving to prop it up. It was arguably their worst-ever European campaign.
And yet English teams barely beat the best in the Champions League. There were wins over second-tier teams such as Sevilla, Porto, PSV Eindhoven and RB Leipzig but in 12 matches against Dortmund, Bayern, Real, PSG and AC Milan, they won just one: Newcastle’s 4-1 demolition of Kylian Mbappe and co.
So it is worth remembering that six of the 12 founder members of the Super League came from the Premier League. Two of them, Chelsea and Tottenham, did not even qualify for Europe this season. A third, Manchester United, won a lone game in it. They set the tone for a season when English clubs have lost games to FC Copenhagen, Galatasaray, Olympiacos, AEK Athens, Atalanta, Roma, Porto, Bayer Leverkusen, Freiburg, Toulouse, Lens, Lille, Legia Warsaw and Union Saint-Gilloise, none of whom seemed invited to that private party.
But the Super League was a treasonous attempt to subvert the principles of competition. Places in European semi-finals and finals have to be earned. Some of the Premier League clubs might have been unfortunate. Some have got what they deserved. It has amounted to a wretched season in Europe for England, though.
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Real MAdrid + FC Barca lies
This year, Brasil's FA, allowed foreign investors to buy majority stake in a few clubs, and santos was relegated.
I love santos, always have and always will, I loved santos timeline wise before any team in uefa or caf or concacaf. I knew of club america and teams in ligamx or some italian serie a teams, alot of italian influence in nyc, but I didn't support any of them.
The team of pele even made me proud not accepting the financial deal, staying a financially modest club. I know many said they should take the money, like the club of garrincha, botafogo [which hurt the heart badly, garrincha was a late bloomer, he came from the beach literally,for the club that he is the legend of to.. be sold to a statian ahhh]
But I am not angry that Santos is relegated. It happens. The problem with most people who call themselves fans of various clubs is their fandom is on condition of status. I am 100% certain most people who say they support fc barca or real madrid or psg now or mcfc now or chelsea now still wouldn't do it if these teams were in the position of my OL.. olympique lyonnais, Gladbach, santos :) [still hurts the heart] , or chelsea before the roman empire or manchester city before the caliphate. Relegation isn't merely the demotion from one league to a league placed under, it is a demotion of a common position.
I paraphrase gary lineker , who played for Barca, for decades FC barca+ real madrid were the biggest financial players in uefa and the college of clubs in fifa, and never did the fact that other clubs accepted their financial dominance deter other clubs from doing the best while being financially less potent. Now Barca+ real madrid see themselves having to be in a second tier financial status to a small group of other clubs and they, side their fanatic fans, cry to the moon about being eventually absentia or toward irrelevancy in a futebol world about to collapse, forgetting the football world survived decades of them operating no different than those they deem threatening the football world today.
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The Financial League 12/21/2023
this thing never ends
Some say UEFA is the only player on the block ,but FIFA has five confederations I don't comprehend how UEFA is alone. And AFC just got a boost. I don't comprehend the lack of challenge that some suggest
Some talk about hoarding money but the big mony teams he refers to are always doing things to their favor against the financially smaller clubs, so i don't comprehend them either.
I have said in this blog the finnacial league will make tons of money for the clubs involved, i am 100% certain BUT the financial league isn't some betterment of the game nor is it some sort of equalizer in revenue. … Sepp Blatter and Platini paid the price for simply accepting the growing wealth of the AFC and so they had to go. Then V.A.R. Goalline technology was pushed by all money parties and many fans even though the average futebol pitch in humanity is a dirt field . And now the financial league is being supported as some sort of challenge of righteousness or financial equality by fans as well as monied parties when it is clearly an act to unravel what has made futebol successful throughout humanity, in every corner, in every country, all so a few clubs in uefa can financially have a greater status.
I don't mind any one supporting the financial league but I don't see why people can't say they want to simply unravel fifa and the confederations or ingratiate a fw western uefa clubs.
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Juventus Tell FC Barcelona And Real Madrid They Will Quit European Super League: Reports
Italian football giants Juventus have told FC Barcelona and Real Madrid they will abandon plans to form a breakaway European Super League, according to AS and MARCA.
The European Super League famously tried to launch in early 2021, but met opposition from fans of the English clubs involved in the competition which would threaten the future of domestic championships and the UEFAEFA +0.7% Champions League.
Eventually, the only three clubs that remained of the original 12 founding members were Barca plus bitter rivals Real Madrid and Juventus.
This put them at loggerheads with UEFA president Aleksander Ceferin, and last summer saw the trio play friendlies against one another in a pre-season tour of the United States after a failure to find other European opponents.
Roma pulling out of the Joan Gamper Trophy friendly that Barca hold at the beginning of each new campaign was because of pressure from Paris Saint Germain and the European Club Association not to associate themselves with the Catalans according to Corriere dello Sport.
Eight months on from A22 Sports Management attempting to revive the Super League on behalf of the rebel clubs, Spanish media explains that Juventus have sent a letter to Barca and Madrid informing the La Liga behemoths they have begun procedures to leave the project.
The document allegedly explains that UEFA have threatened to ban the Turin outfit from European competitions for five years due to the cases it has recently been involved in - the most prominent of which saw the Serie A club docked 10 points, failing to qualify for the Champions League, and being made to play its third-string cousin the Conference League next term.
Juventus know that in order to reach any kind of agreement with UEFA, it must step down from defending the Super League and attempting to see it realized.
Despite a public falling out by the eternal enemies in El Clasico, in relation to the Blaugrana's 'Caso Negreira' referee's committee payments scandal which could see Barca banned from the Champions League for a year as concluded by UEFA investigators, Barca and Madrid have not shown any indication of quitting in their quest to launch the Super League.
At the turn of this year, Barca president Joan Laporta boldly predicted that the competition "will be a reality in 2025" and could merge with the Premier League.
URL https://www.forbes.com/sites/tomsanderson/2023/06/06/juventus-reportedly-tell-fc-barcelona-and-real-madrid-they-will-quit-european-super-league/
HAHAHA!! All these phonies. Western Europe and the USA want Arab oil money but don't want Arab Oil control. No the Arabs don't work for western europe or the usa. Wake up everybody URL https://www.usatoday.com/story/sports/golf/pga/2023/06/06/pga-tour-liv-golf-merge-saudi-backed/70292809007/
Agreement establishes common goal to promote and grow the game globally for the benefit of all stakeholders, ends litigation PONTE VEDRA BEACH, Florida – The PGA TOUR, DP World Tour and the Public Investment Fund (PIF) today announced a landmark agreement to unify the game of golf, on a global basis. The parties have signed an agreement that combines PIF’s golf-related commercial businesses and rights (including LIV Golf) with the commercial businesses and rights of the PGA TOUR and DP World Tour into a new, collectively owned, for-profit entity to ensure that all stakeholders benefit from a model that delivers maximum excitement and competition among the game’s best players.
In addition, PIF will make a capital investment into the new entity to facilitate its growth and success. The new entity (name TBD) will implement a plan to grow these combined commercial businesses, drive greater fan engagement and accelerate growth initiatives already underway. With LIV Golf in the midst of its second, groundbreaking season, the PGA TOUR, DP World Tour and PIF will work together to best feature and grow team golf going forward.
Notably, today’s announcement will be followed by a mutually agreed end to all pending litigation between the participating parties. Further, the three organizations will work cooperatively and in good faith to establish a fair and objective process for any players who desire to re-apply for membership with the PGA TOUR or the DP World Tour following the completion of the 2023 season and for determining fair criteria and terms of re-admission, consistent with each Tour’s policies.
“After two years of disruption and distraction, this is a historic day for the game we all know and love,” said PGA TOUR Commissioner Jay Monahan. “This transformational partnership recognizes the immeasurable strength of the PGA TOUR’s history, legacy and pro-competitive model and combines with it the DP World Tour and LIV – including the team golf concept – to create an organization that will benefit golf’s players, commercial and charitable partners and fans. Going forward,
fans can be confident that we will, collectively, deliver on the promise we’ve always made – to promote competition of the best in professional golf and that we are committed to securing and driving the game’s future.
“We are pleased to move forward, in step with LIV and PIF’s world-class investing experience, and I applaud PIF Governor Yasir Al-Rumayyan for his vision and collaborative and forward-thinking approach that is not just a solution to the rift in our game, but also a commitment to taking it to new heights. This will engender a new era in global golf, for the better.”
“Today is a very exciting day for this special game and the people it touches around the world,” said PIF Governor Yasir Al-Rumayyan. “We are proud to partner with the PGA TOUR to leverage PIF’s unparalleled success and track record of unlocking value and bringing innovation and global best practices to business and sectors worldwide. We are committed to unifying, promoting and growing the game of golf around the world and offering the highest-quality product to the many millions of long-time fans globally, while cultivating new fans.
“There is no question that the LIV model has been positively transformative for golf. We believe there are opportunities for the game to evolve while also maintaining its storied history and tradition. This partnership represents the best opportunity to extend and increase the impact of golf for all. We look forward to collaborating with Jay and Keith to bring the best version of the game to communities around the world.”
Under the terms of the agreement, the Board of Directors of the new entity will oversee and direct all the new entity’s golf-related commercial operations, businesses and investments. The new entity will work to ensure a cohesive schedule of events that will be exciting for fans, sponsors and all stakeholders. PIF will initially be the exclusive investor in the new entity, alongside the PGA TOUR, LIV Golf and the DP World Tour. Going forward, PIF will have the exclusive right to further invest in the new entity, including a right of first refusal on any capital that may be invested in the new entity, including into the PGA TOUR, LIV Golf and DP World Tour. The PGA TOUR will appoint a majority of the Board and hold a majority voting interest in the combined entity.
Separately, PGA TOUR Inc. will remain in place as a 501(c)(6) tax exempt organization and retains administrative oversight of events for those assets contributed by the PGA TOUR, including the sanctioning of events, the administration of the competition and rules, as well as all other “inside the ropes” responsibilities, with Jay Monahan as Commissioner and Ed Herlihy as PGA TOUR Policy Board Chairman. PIF’s Governor Yasir Al-Rumayyan will join the PGA TOUR Policy Board. The DP World Tour and LIV Golf will retain similar administrative oversight of events on their respective Tours.
The Board of Directors of the new commercial entity will include Al-Rumayyan as Chairman and Monahan as Chief Executive Officer; the new entity’s Board will also include an Executive Committee comprising Al-Rumayyan, Monahan, Herlihy and PGA TOUR Policy Board member Jimmy Dunne. The full Board will be announced at a later date, and it is anticipated that all three founding members will have representation.
Keith Pelley, Chief Executive of the DP World Tour, said “This is a momentous day. We are delighted to be able to not only reignite our relationship with PIF, but also to have the opportunity to build on our current Strategic Alliance partnership with the PGA TOUR. Together we will be stronger than ever and well positioned to continue to bring the game to all corners of the globe. To partner in this new entity and influence the growth of the game for all our DP World Tour members is energizing and exciting.”
All parties will work in the months to come to finalize terms of the agreement, with details to be announced in due course.
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Agnelli has been removed and i don't know what the current president of juventus has to say for the financial league. i tried to find a quote but gianluca ferrera either hasn't said anything or said much, but in parallel
https://www.bbc.com/sport/football/64320106 I quote agnelli
European football needs a new system,, + Otherwise it risks a decrease in favour of a single dominant league which within a few years will attract all the talent of European football within its league, completely marginalising the other leagues and the others are already marginalised + When I was president of the ECA (European Clubs Association) and of the Uefa executive committee, the analysis was evident + There was no club sustainability, a vertical polarisation of interest towards only two leagues, access to very risky financial instruments and fan disaffection
I recap So Agnelli supports the financial league because the ability of teams in the epl to buy the top media talent is high. And while he was in the inner chambers of UEFA , after looking at a study, he feel that the best way to disperse the media power is to create a new league that will not demarginalize those already marginalized but will provide a safe haven for a bunch of old name clubs who will not be able to compete with the epl bottom feeders.
Well, let's pick apart his arguments.
1. UEFA will have one leage, the epl, with wage advantage. but is that a problem? The AFC have in qatar/japan/china/uae/saudi arabia. Is it a FIFA problem? no. Is it a UEFA problem? no. Napoli/Roma/OGCNice the EPL teams in UEFA competition is poor, especially in the context of trophy lifting and overall representation. In the confederations or europa league the epl tends to be absent in the latest stages against teams who have a lower wage.
2. It is an arithmetic fact that statistics can be used to support any position.Statistical Hypothesis testing works for anything thus why statistics is foolish to use. Logic is better.
3. Fan dissatisfaction doesn't exist with napoli fans in naples as napoli are winning this seasons serie a. Doesn't exist with lens fans in lille as lens fight for second in ligue1. What fans is agnelli talking about ? he is talking about fans outside clubs, meaning fans in another country than the club. But that is a whole other issue. Chinese and Indians and Nigerians and Statians < USA> only looking at the EPL explains more about them than the clubs. Most people who watch soccer don't watch their local teams. Take out brazil take out germany and italy, many countries with large fans of the game don't watch their local teams. Nearly every city outside the usa has a futebol club. But how many indians watch their team in the 1st/2nd/3rd tier in india? But that is fans problem. If you don't support a local team that is your problem. The majority of fans in CAF/AFc/Concacaf problem is that most of them don't have the cultural connection to their local futebol club the way most clubs in uefa or conmebol have. so they follow players not clubs. But that is a reality of modern media. The overall financial reality of most clubs in uefa will not change with a financial league.
The solution isn't a financial league, the solution is to accept one's financial station. Some in UEFA or Europe may not want to admit it, but AFC or ASia has grown beyond them. Japan was once the second biggest economy in humanity. China has taken its place. Three of the top five countries by GDP are in the AFC: China/Japan/India the reality is, Europe or UEFA is financially lesser than and will be more lesser than in the future. Clubs need to adjust and accept these inevitable changes with respect. Europe as a region had its time in the sun of fate, the rest of humanity under its feet. Those times have passed. Accept it gracefully .
And agnelli have more problems..
https://www.thetimes.co.uk/article/andrea-agnelli-could-face-uefa-legal-action-over-super-league-and-juventus-scandal-kt5g9p8kn
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Good morning, good afternoon, good evening, wherever you are listening. This is the September twelfth edition of
In the beginning, I heard a setpiece
…
The Confederation of African Football is a murphy, to the Union of European Football Associations
…Do you know what a Murphy is?
A murphy is a target or mark to someone hustling or scheming or plotting something against the murphy's betterment or knowledge.
Yes, the hustler is the union of European football associations
Now I presented a set of articles for the Financial League, commonly called the UEFA Super League. The link is in the transcript to this audio post.
< LINK to Financial League posts >
< https://rmfantasysetpieces1.tumblr.com/tagged/financialleague >
In said Financial League posts a few questions pertain to any financial league in any confederation exist.
One, how can one league of teams between a vast set of Football associations exist as a top of the pyramid without creating automatic unfairness?
Two, if a system of un-merit exist, how can financially smaller clubs generate the quality of players?
Three, what will happen with the confederation cup tournaments that offer a true merit system for all Football associations in a confederation?
A post linked in the transcript, provides details to this project.
< CAF Super League articles link >
< https://rmfantasysetpieces1.tumblr.com/post/695231636355317760/the-confederation-of-african-football-caf >
An answer to each of the prior three questions is available in the CAF financial league article share.
One, a league of teams between a vast set of Football associations cannot exists without creating automatic unfairness. the confederation of African football has over fifty members. At only twenty-four members, it is arithmetically impossible to provide entry for all the football associations in the confederation of African football, thus the confederation of African football financial league is unfair.
Two, they can't. The reality is, any football association in the confederation of African football not given a slot the C.A.F. financial league has no reason to push for quality. I will explain. If your club doesn't have a slot in the confederation of African football financial league then your champion only acquires at best a two match play off to a team from a football association in the financial league to become champion of the confederation.
Three, as I already alluded to, the confederation cup will be phased out.
Now, why is the Confederation of African Football a murphy for having a financial league?
As the articles suggest, sponsorship and investment money in the hundred-million-dollar range will arrive to the various clubs. Each football association in the confederation of African football will get a million dollars. For those who love Statian, or USA, based sports, a Playoff style system like you see in the National Football League or National Basketball League in the USA will be the structure. And fans of the teams who will be selected will enjoy it most of all. A whole confederation group of fans will only have a set of twenty-four teams to cheer for. Very statian, very much of the United States of America, very unfair, very corrupt, very dysfunctional, very financially profitable… to those in the positions to make fiscal profit.
But the Confederation of African Football is a murphy for having a financial league for the inevitable reality that will come in the future. Not in the year two thousand and twenty-three. The Confederation of African Football Financial League was announced in July eleventh two thousand and twenty-one. But in about three decades, all of a sudden it will be an emergency. Not an emergency of fans or viewers. No, I live in New York City. I can tell you with certainty, celebrations when treated loudly enough, have no need for historical fairness. They have no need for honest appraisal. In the United States of America, media has proven a billion times over, people will celebrate for the joy of celebrating. The quality in the thing being celebrated can be nothing. Cause the quality doesn't matter. What matters is the gatherings, the tweets, the photographs shared electronically all about the earth. What matters is the hype. The truth doesn't matter in celebration. The emergency will be the teams. Quietly, while administers in the various Football Associations in the confederation of African football collect their money and pay their debts or colleagues, the people will stop playing. And the twenty-four clubs will grow in popularity, grow in sponsorship. But articles will be written. Probably with those similar in mind to myself, knowing history, knowing the truth, and unwilling to be bought or sold, like the majority.
The confederation of African football is a murphy to the union of European football associations for harming the only system of global merit in all humanity. The United Nations has a security council of less than ten governments who have final say on everything. The Olympics is run by a cabal of the United States of America side Western European countries. Only the Federation of International Football Association's system of football associations, confederation cup tournaments, has a true system of merit down to the ground in every country in the world. A system of merit that can allow countries to become financially rich or financially poor. A system of merit that can allow we humans to wage wars and make new lines of peace. A system of merit that allows money to be made but doesn't allow the pauper to be impotent. The members of the confederation of African football know this, as do the members of the union of European football associations, but they don't care. The people who will be harmed in the confederation of African football or any other confederation with financial leagues will not be the fans to cheer on the unfair leagues. It will not be in thirty years. But it will be the people, child or adult, still without electricity, still without food, in places in the confederation of African football or elsewhere, who don't dream of what can be in that local team, in the city they live in. Cause the local team will not be there. Cause the local team cannot climb, for the ladders are gone.
In conclusion, what is my position. To be blunt, it is acceptance. But the why is key.
As a child, the federation of international football associations demanded the United States football association develop a league, if the United States of America is to host the World cup. And I remember writing letters, dreaming of many things that would not be. In the end, the same people with money behind all the financial leagues were behind Major league soccer. And in the end, Major League soccer has grown and is growing at the time of this prose. And in the end, me or people like me are a negligible minority. Meaning, too few of us matter to shift the financial scales. So, I learned a relative long time ago, to accept these scenarios. Not lie about them, not speak of them gently. Major League soccer is dysfunctional is unfair, the financial leagues are dysfunctional, are unfair. Major league soccer or the financial leagues are fiscally appropriate. Both have and will make more money than the current system or other options at the time of their creation. But I accept that I will not watch Major league soccer, as I don't watch the English Premier League as I will not watch the financial leagues. I restate, me side my viewing kin are not a financial problem for any of the mentioned sports leagues. And I at the least don't have the money to battle the fiscal owners of the situation. But, the lesson for all is to accept the need to move on. I am fortunate. I like many athletic things. And the world of sports is quite vast or entertaining. I offer to all of you who think like me, don't fret, don't argue, don't agree, don't lie, but move on. And, enjoy the memories on the pitches of yore. That is why good memories are so treasured.
This ends this episode, of, I heard a setpiece, enjoy the links to the series and all else in the transcript, be safe
I Heard A Setpiece series
< https://rmfantasysetpieces1.tumblr.com/archive/tagged/iheardasetpiece >
IHASP series
< https://rmfantasysetpieces1.tumblr.com/archive/tagged/ihasp >
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The Confederation of African Football (“CAF”) President, Dr Patrice Motsepe launched the pioneering Africa Super League, a project of unprecedented scale that is set to change the face of African football.
At the launch in Arusha, Tanzania where he was joined by FIFA President, Gianni Infantino, leading African football clubs, African and European football legends, the President and Representatives of the CAF’s 54 Member Associations; the CAF President described the Africa Super League as a historical gamechanger that will make African football globally competitive and self-sustaining.
President Motsepe said: “This is one of the most exciting projects in the history of African football and will significantly contribute to the development and growth of the quality and competitiveness of football in Africa.”
The President of FIFA, Gianni Infantino said: “As FIFA President, I am happy to witness such a historic moment of this exciting football project to boost and improve club football in Africa. African club football needs to be brought to the next level and to do that, it is important to be innovative and to have new ideas, while fully respecting the existing institutional framework. The Africa Super League, built within the international football pyramid structure, is a project which will make African club football shine in Africa and beyond.”
Dr Motsepe stated that: “The Africa Super League would contribute to ensuring that football on the African Continent is managed and operated at the same professional, ethical and governance level as UEFA, CONMEBOL, CONCACAF and other Confederations”.
The Prize money of the Africa Super League will be USD 100 million, with the winner receiving USD 11.5 million.
Some of the funding from the Africa Super League will be used to allocate USD 1 million per annum to each of CAF’s 54 Member Countries, which is a total of USD 54 million per annum to develop football in all the African countries.
CAF will also receive USD 50 million per annum to develop football for boys and girls, to employ world-class staff, to improve and to make all its other competitions attractive and appealing to football spectators, TV viewers, sponsors and other partners.
The Africa Super League will support the growth of club football, the construction and maintenance of football infrastructure and facilities, as well as the training and the retention of football talent on the African Continent.
Africa’s most valuable football club competition, the Africa Super League, will officially kick off in August 2023 and will involve 24 clubs from 16 countries across the Continent.
AFRICA SUPER LEAGUE KEY FACTS:
24 Clubs
3 regions (North, Central/West, Southern/East)
8 clubs per region
Maximum 3 clubs per country
Over 16 different countries
representing approximatively 1 billion people
Duration
10 months
August to May
197 matches
Maximum 21 matches played by the finalists
Relegation/promotion playoff
CAF | Communication Department
email [email protected]
ARTICLE https://www.cafonline.com/press-release/news/caf-launches-groundbreaking-africa-super-league
Africa to announce $100-milion Super League plans on Wednesday By Mark Gleeson
JOHANNESBURG, Aug 9 (Reuters) - An African Super League is to be announced on Wednesday by Confederation of African Football president Patrice Motsepe with the promise of $100-million in prize money for clubs across the continent.
The project has been in the pipeline since it was first suggested by FIFA president Gianni Infantino in early 2020 and met with almost none of the derision and outrage that followed a similar attempt in Europe last year.
Only the players' union in South Africa, in a statement this week, has criticised the plan, saying: "Professional football in South Africa and Africa could be at risk if the resolution to commence with the Super League is implemented and there may be no return from the wreckage that a Super League can become."
Motsepe has promised sponsorship and revenue returns previously unheard of for African football, where the annual Champions League winner earns $2.5-million in prize money.
He has claimed, at several previous news conferences, that the Super League will allow clubs to pay top talent wages to match those in Europe and therefore allow African teams to keep their best players.
The Super League, which officials told Reuters is likely to be named the African Football League to disassociate it with the negative connotations of last year's flopped European Super League plans, will have 24 teams and start in August next year.
It will have $100-million in prize money with $11.6 for the winner. CAF also intends paying each African football association $1-milion annually from the league's earnings. There are 54 member associations of CAF.
It is not clear whether CAF have finalised the list of clubs, but they will come from 16 different nations with a maximum of three per country.
They will play a group competition first, divided into three groups of eight clubs, before the majority of clubs move onto an American-style playoff system, including wild card berths.
CAF plan to continue with their club showpiece Champions League but officials said there were plans to revert back to a two-legged knockout competition, dispensing with the group phase.
Infantino, when he raised the concept at a CAF seminar in Morocco in February 2020, said: "We have to take the 20 best African clubs and put them in an Africa league. Such a league could make at least US$200 million in revenue, which would put it among the top ten in the world."
ARTICLE https://www.reuters.com/lifestyle/sports/africa-announce-100-milion-super-league-plans-wednesday-2022-08-09/
MY THOUGHTS- in Audio
#Rmsoccer
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Three clubs want to make a league that cuts across the powers of football associations. Who are the basis of all confederations. Who are the basis of FIFA. It can not be allowed. Humanity is not always at peace, not always in synch, and a league for clubs that is not bounded by the Football association model, risks severe damages
Below is a link to my financial league posts, they explain everything.
https://rmfantasysetpieces1.tumblr.com/tagged/financialleague
#rmsoccer
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UEFA takes note of the letter sent today by the independent UEFA Appeals Body in which the disciplinary proceedings that had been opened against FC Barcelona, Juventus FC and Real Madrid CF for a potential violation of UEFA’s legal framework in connection with the so-called ‘Super League’ project have been declared null and void, without any prejudice, as if the proceedings had never been opened.
UEFA notes that the declaration made by the UEFA Appeals Body follows the formal notification made to UEFA of a court order granting UEFA a few days to clarify its compliance with decisions of the Madrid Commercial Court No. 17.
UEFA understands why the disciplinary proceedings are declared null and void. UEFA has always acted in good faith and reasonably understood that the decision by its independent disciplinary body, the UEFA Appeals Body, to suspend the disciplinary proceedings was in full compliance with the Court Orders of the Madrid Commercial Court No. 17, and given that the three mentioned clubs have since been admitted to UEFA club competitions. UEFA maintains its view that it has always acted in accordance with not only its Statutes and Regulations, but also with EU law, the European Convention on Human Rights and Swiss law in connection with the so-called Super League project. UEFA remains confident in and will continue to defend its position in all the relevant jurisdictions.
In relation with the Club Commitment Declarations UEFA received in May 2021 from 9 of the 12 Clubs that acted as founders of the so-called European Super League project, and with which such 9 Clubs had informed UEFA of their unilateral decisions to withdraw from the so-called Super League project, UEFA has informed the 9 Clubs that in view of the pending Court proceedings in Madrid, and to avoid any unnecessary complication, UEFA will not request payment of any of the amounts offered in the May Declarations of the Clubs, as long as the Court proceedings in Madrid involving, among others, UEFA are pending.
On its side, UEFA will obviously continue to respect and honour all contractual arrangements concluded with such 9 Clubs, following the receipt of the above-mentioned Declarations.
UEFA will continue to take all necessary steps, in strict accordance with national and EU law, in order to defend the interests of UEFA and of all football stakeholders.
CITATION
https://www.uefa.com/insideuefa/mediaservices/mediareleases/news/026d-13587609c3e5-335a9353502e-1000--uefa-media-statement/
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