Thursday, September 23, 2021

Is ‘The Beautiful Game’ Too Much Money?


Football World is exposed to the thrilling story of 22-year-old French wonderkind Kylian Mbappe, who plays for Paris Saint-Germain (PSG), a prestigious club in the top-tier Ligue 1 football competition in France.

The club is owned by Qatari interests and, therefore, has a lot of money. It has been able to sign international superstar Lionel Messi from Barcelona FC and Sergio Ramos from Real Madrid for astronomical salaries.

Mbappe’s contract at Paris Saint-Germain expires in June 2022 and, provided he does not renew his contract, will be a free agent on July 1, which enables him to join Spanish club, Real Madrid, who are desirous of securing his services.

For Mbappe, it will be like fulfilling the dream of a lifetime. For Real, this would make it a European powerhouse.

From January 2022 – just months away – Mbappe will be eligible to sign a pre-contract with Real, free of mass transfer fees.

Yug Times Photos
French forward Kylian Mbappe of Paris Saint-Germain reacts at the end of the French L1 football match between Stade de Reims and Paris Saint-Germain at the Auguste Delaunay Stadium in Reims, France on August 29, 2021. (Frank Fife / AFP via Getty Images)

Nevertheless, the club wanted to immediately secure its services in the recently completed summer transfer period – or “mercato” – paying PSG a €200 million (US$236 million) transfer fee to release the player.

However, the Parisians refused to budge, even though Mbappé was free to leave within a few months.

Why would any club give up €200 million under these circumstances?

Two explanations are presented.

At first, PSG may assume that, over the course of the next few months, it will be able to renew his contract by offering Mbappe a huge salary.

Second, the Paris club is powerfully owned and financed by affluent Qatari interests, who have an inexhaustible supply of funds, which could explain PSG’s ability to drop €200 million.

The Mbappe transfer saga has confirmed that not everything can be bought with money. Indeed, if a player wants to leave, he is unlikely to be deluded.

Despite a salary of €18 million (US$21.25 million) per year, Mbappe regards the privilege of playing for Real as the highest honor in the sport.

The refusal of Real’s generous offer by PSG also alerts the football world to the harmful effects of money in the game.

Qatar is the country which will host the FIFA World Cup in November-December of 2022.

Qatar is also suspected of bribing FIFA officials to ensure that the Cup will be allotted to them. While a variety of conspiracy theories that have surfaced during the past few years have undoubtedly adversely affected the world of football in the short term, it is the long-term devastating effects of the power of money that are concerning.

FIFA has financial fair play rules, which limit the amount that clubs can spend on new players. However, these do not deter PSG at all.

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There is no doubt that if a club has unlimited financial resources, which gives it an undesirable advantage over other clubs, competition can be distorted.

Such distortion has an anti-competitive effect, and distorts the game and competition.

Of course, a club’s financial condition can be the result of strong financial management. It would be unfair to deny a club the ability to sign world-class players. But, as far as PSG is concerned, its ability to refuse €200 million is a result of Qatari generosity and, possibly, has little to do with good management.

Arguably, the club wants the most incredible line-up for the upcoming Champions League competition, especially after the recent signing of Messi, whose salary can no longer be paid by the financially incompetent Barcelona FC, which offers him an opportunity to compete with the team. The year was paying €71 million (US$83). One million).

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Yug Times Photos
Yug Times Photos
Paris Saint-Germain’s French forward Kylian Mbappe (c) beats Paris Saint-Germain’s Argentine forward Lionel Messi (2ndL) during the French L1 football match between Stade de Reims and Paris Saint-Germain at the Auguste Delaunay Stadium in Reims on August 29. ) interacted with. 2021. (Frank Fife / AFP via Getty Images)

PSG’s sacrifice of a transfer fee to facilitate a fleeting moment of Champions League glory is indeed disturbing.

This is because there is no guarantee that Mbappe, having missed out on his dream transfer, will be ready to give his best for the Paris club.

He also knows that Real were willing to spend €200 million on him, despite being free to include him within a few months.

Therefore, the future will tell whether he will go out of his way to bring Champions League glory to his current club under these circumstances.

In any event, the clubs with the greatest and most talented players can still lose important games. After all, a football game lasts 90 minutes and during that time anything can happen.

Although money plays a role in what happens on the football field, qualities that cannot be easily assessed or measured, such as perseverance, determination, consistency, fitness and team effort, also play an important role.

One thing is certain: the Mbappe Transfer soap opera will continue to amaze and entertain football enthusiasts around the world and intrigue those who favor good financial management in the sport.

The views expressed in this article are those of the author and do not necessarily reflect the views of The Epoch Times.

Gabriel Moens

Professor Gabriel A. Moens AM is an Emeritus Professor of Law at the University of Queensland, and has served as Pro-Chancellor, Dean and Professor of Law at Murdoch University. He has published a novel about the origins of the COVID-19 disease, “A Twisted Choice,” and most recently a short story, “The Greedy Prospector,” in the anthology of short stories, “The Outback” (Boolelong Press, 2021) is published. )


This News Originally From – The Epoch Times

Is 'The Beautiful Game' Too Much Money?
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