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Departed
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The transfer fee market is an interesting animal primarily driven by agents and the excess cash sloshing around from TV rights contracts.
However, when selling or buying the only thing that really matters is net spend. Or replacement value if you look at it that way.
An example of this outside of football is the housing market....as long as you are already in the market the only thing that really matters is the difference in the price of the house you are selling and the price of the house you are buying.
Levy has handled this very well over the years from a business standpoint.
The real issue is salaries.
Putting salaries aside for the sake of this discussion, why is necessary to have transfer fees at all?
The argument that academies need transfer fees to recover their investment in player development is valid.
But really, outside of that, there isn't any benefit to having this ridiculous practice continue. It prevents a more competitive environment, it alienates most people from players, Lamela being an excellent example, it creates a huge obstacle to player movement.
The list is endless. How should it be stopped?
However, when selling or buying the only thing that really matters is net spend. Or replacement value if you look at it that way.
An example of this outside of football is the housing market....as long as you are already in the market the only thing that really matters is the difference in the price of the house you are selling and the price of the house you are buying.
Levy has handled this very well over the years from a business standpoint.
The real issue is salaries.
Putting salaries aside for the sake of this discussion, why is necessary to have transfer fees at all?
The argument that academies need transfer fees to recover their investment in player development is valid.
But really, outside of that, there isn't any benefit to having this ridiculous practice continue. It prevents a more competitive environment, it alienates most people from players, Lamela being an excellent example, it creates a huge obstacle to player movement.
The list is endless. How should it be stopped?