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01 Jun 2020 13:31:13
Hi Edds

This isn’t technically a post about Liverpool but I hope it may help shed some light on the situation of club finances.

I keep seeing rumours about PSG paying a lot of money for players seemingly like they always have the same with Real and even to an extent Man united and Liverpool but surely with everything that has happened clubs can’t afford to be so financially irresponsible, surely they must have lost millions in revenue over the last few months an I was just wondering if you can shed any light on how you think clubs will approach spending in the near future and if PSG can infact afford to bankroll some superstars with seemingly little interest in their big names to balance the books

As always thanks for the great work.

{Ed002's Note - PSG, like all clubs, have to work within the FFP regulations imposed by UEFA and the FFF regulations within France. To do this they have to balance the books and limit their spending to cash in hand, income from playing and income from transfers. They have a lengthy list of players available to be sold, or in some cases traded this summer. The expectation, although not the public voice, has always been that Neymar and Mbappe would be sold this summer, now that is perhaps up in the air for a year. Their specific problem is the wage bill which needs to come down, and that will be eased by Cavani departing although an increase for Mbappe will eat much of that up. Barcelona have to effectively sell or trade to buy. Real Madrid like many clubs will need to prioritise players against a reduced budget - so you will see more players staying where they are. There are then clubs with existing debt that means their spending will be curtailed to trading and selling to buy. The higher profile Italian sides will continue to look to trade players as much as they can. The clubs who get relief from FFP should look to shoring up their finances rather than spending otherwise they could be in a worse position going forward (this includes the likes of Milan, Marseille and a couple of EPL sides). The clubs who are in a comfortable position (so most of the English PL sides, Barcelona) will look to key targets in the main, then will look to selling to buy. The handful of cash rich sides should be in a good position to cherry pick what they want - but may well try and limit spend. Overall expect a few expensive moves but a lower total spend than recent years.

At the lower levels yes, there is no doubt spending will be less and putting their efforts in to staying in business.}

Agree0 Disagree0

01 Jun 2020 15:12:48
Thanks for all that info Ed! Again not lfc related but how do you rate cavani? Looked like the best in world in glimpses throughout his career.

{Ed002's Note - He has been a fabulous player but now he is at the tail end of his career and this season has seen opportunities reduced and the goals drying up. He will be leaving PSG this month.}

01 Jun 2020 17:34:51
Ed002, thank you for your enlightening response.

May I draw a tangent from your comment and ask of your opinion about the PSG project? A while back they seemed to be pulling out all the stops to win the elusive Champions cup but they seem to be no closer to it.

{Ed002's Note - Their focus very much remains winning the Champions League but have so far been unsuccessful. The plan pre-pandemic will be to change coach this summer and I suspect that they will do that still - if they don't win the CL this season. Then they might wait a year.}

01 Jun 2020 20:44:18
Cavani is indeed a fabulous player. "E; Matador" as he is nicknamed along with Hamsik, Lavezzi and the like, helped put Napoli back on the map over a decade ago and was a perfect foil for Suarez with Uruguay. Like Suarez, he is at the end of his career now and will be remembered as a very lethal striker and a brilliant all-round footballer, IMO.

01 Jun 2020 22:53:54
I think he was good but Suarez was a lot better. It's a pity he went to PSG when he seemed tailormade for the premier league. How much money do these guys want/ need?

02 Jun 2020 00:00:34
I think prices might go back to pre neymar to Paris. Still extortionate prices but not jaw dropping.
Talking around transfer windows and all the time really. 50mil has become quite cheap for a good CM. It was only 3 years ago £50mil seemed unreal. Torres to the blues, mendy go city.

02 Jun 2020 00:16:33
A lot of top clubs are having worries concerning the people who take home a million at the end of the year. And yet they still manage to pay cleaners, maintenance men, physicians and the guys that feed our boys.

I'm sure the players are angry about it. It was the first time, just for an instant, that I didn't feel pride for my club.

To ease my mind I tell myself we need to do everything that can possibly be done financially that is, to keep up with these teams with endless wealth. They may be rich but you can't buy Liverpool.

01 Jun 2020 22:17:34
Didn’t realise the expectation for both Neymar and Mbappe to go! Would that of been Barcelona and Madrid respectively?

I assume the won’t be able to afford it without players included?

{Ed002's Note - Barcelona would certainly need to include players and Real Madrid probably.}



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