From holiday resort to footballing force?
Filed Under (Spain) by LF on 01-08-2011
It’s become a tradition in England to sneer at clubs that have taken on foreign investment, such as Manchester City and Chelsea. City have won the FA Cup since being taken over by Abu Dhabi in 2008, while Chelsea have picked up three titles and several other domestic cups since the Russian Roman Abramovich assumed control in 2003. With both owners pumping close to a billion pounds each into their respective sides, Arsenal manager Arsène Wenger has dismissed such investment as ‘financial doping’.
It is perfectly reasonable to suggest that pumping cash into such clubs has a greater effect in the English Premier League, where the wealth distribution from television deals is more evenly spread than elsewhere in Europe. With the UEFA Financial Fair Play (FFP) rules starting to kick in, however, perhaps this financial doping won’t be as effective in the future. Although this does look unlikely given Manchester City’s attempts to circumvent the financial restrictions.
While major monetary investment is more likely to reap rewards in the Premier League (when attempted sensibly, that is – see Portsmouth, West Ham and others are examples of how it can go badly wrong), it seems that in Spain’s La Liga, it could be the only way to break the eternal duopoly of Real Madrid and Barcelona. The exception was Rafael Benitez’s fantastic Valencia side, which won the title in 2002 and 2004.
Now, however, it seems almost unthinkable for a side other than the aforementioned duo to win the Spanish title. A large part of the Real-Barca dominance is due to the fact that 49 per cent of the television money is split between the two. The other 18 sides have to divvy up the remaining 51 per cent among them. In the modern game, it would be foolish to think sporting dominance isn’t supported by financial strength.
That is why the goings on at Malaga are intriguing. Bought last summer by Qatari sheikh Abdullah Bin Nassar Al-Thani for €36million (a price including the club’s debt), Malaga are laying the early foundations for a sustained challenge to the dominant duo.
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