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LaLiga president and corporate director speak on Premier League dominance in the transfer market.
The transfer window has recently closed, and as has become the norm, the Premier League outspent their counterparts by a large margin. LaLiga president Javier Tebas believes the reason they can do this is that they are ‘economically doped’, and his sentiments were backed up by LaLiga’s corporate director, Javier Gomez, who in a two minutes video explained what Tebas meant.
Premier League clubs are economically doped - Tebas
Following the close of the transfer window and the mammoth spending of Premier League clubs, Javier Tebas took to Twitter to claim that what is called the 'strength of the Premier League’ in the context of transfer windows is based on millions in losses.
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He states that the money generated by the clubs themselves is not sufficient for the level of spending the league enjoys every window, and as was further explained by Gomez in a video attached to Tebas’ tweet, he believes that Premier League clubs enjoy unfair levels of investment from shareholders, hence ‘economically doped’.
“We read the ‘strength’ of the Premier League, but it is not like that,” Tebas said on his Twitter
“It is a competition based on millionaire losses of the clubs, (their ordinary income is not enough for them).
“most of the clubs are economically doped”
Javier Gomez explains
Tebas attached a two-minute video of Javier Gomez explaining the tweet he put out. The LaLiga corporate director explains that in the Spanish league, they enforce laws to ensure that clubs only spend what they are able to generate themselves, while in the Premier League, clubs spend money from shareholders, which Gomez explains to be unhealthy.
"In LaLiga what we are after is that the clubs can spend and generate autonomously,” Javier Gomez said in the video, per Marca.
“That is to say with their own income. It is true that shareholders are also allowed to support the club with certain limits, put money so that they can spend beyond what the club itself can generate. In the Premier, the opposite happens.
"The data is as follows. Until June 30, 2021, in the five previous seasons, the Premier and the Championship had lost 3,000 million euros, the Spanish LaLiga had lost, the pandemic had to endure, 250 million euros.
“In that same period, the shareholders of the Premier and Championship put up 3,500 million euros and the shareholders in the same period in Spain have put 450 million euros.”
Gomez further explains this to be unhealthy, as the clubs risk viability when said shareholders leave. He then urged UEFA to enact new economic controls that he believes will alleviate the problem.
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"No more and no less, they are doping the club, they are injecting money that the club does not generate to spend. That puts the viability of a club at risk when this shareholder leaves, and in our opinion, that is cheating because it drags down the rest of the leagues.
"That is our fight, demanding that UEFA with the new economic control, which prevents the shareholders of the clubs can put more than a certain amount of money, enforce this rule and sanction the clubs, regardless of the country, that fail to comply with this rule"
This past transfer window, Premier League signings accounted for 31 of the 35 most expensive transactions.
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