I see that the EPL is becoming more and more of have and have not’s. The season just stared today and I can write out with some level of certainty where teams will place in the table. Maybe not the exact order, but more by grouping. I think with certain teams spending more and more it puts the league in a disparity of balance. I like parity on some level and like to see the underdog rise up. They may not win it all but there is a certain excitement in seeing that happen. Before the season started today, most would say they can name the top three which would include Manchester United, Liverpool and Chelsea. The issue with this type of spending of these top teams is the debt. I don’t think they can maintain this type of spending and what has done has inflated salaries, forced team who want to stay up in the EPL to pay money they should not be paying as well and start to put them in the same dire straits as the top teams.
My comments were spurred on by the following article below I finished reading…
English soccer chief against spending limits
The head of English soccer opposes restrictions for clubs on player spending, contending the Premier League is improved by clubs like Manchester City spending heavily to strengthen their teams. European soccer’s governing body is trying to implement rules that would force teams to make transfer fees and players’ salaries proportionate to their income as a condition for entry to the Champions League. Football Association chief executive Ian Watmore has dismissed those plans as unfeasible and unenforceable. Signaling a clear split from UEFA’s vision of financial fair play, Watmore approves of Manchester City’s spending strategy, funded by its Abu Dhabi owners. In fact, he wants to see more of it. “Anything that makes the competition stronger and more deep, I think has got to be welcomed,” Watmore, who took over at the FA two months ago, said Sunday. “We don’t want to see the Premier League becoming a top four procession every year. “If in the process of the new money coming into Manchester City—and some interesting, I think different strategies that people like Aston Villa are adopting—we can get to seven or eight clubs that realistically have a chance of breaking into the top four, it can only strengthen the Premier League, which is to our mutual advantage.” Watmore doesn’t want restrictive measures put in place in England. “This is a global market and I’d rather have the strongest league here on these shores, which is what I think we have today, then I would see it move to somewhere else,” he said. “So, if people are going to bring their money into the game, then let’s have it here in this league and make the Premier League even stronger than it is today.” UEFA president Michel Platini and FA chairman David Triesman have both expressed concerns about unchecked spending and mounting levels of debt consuming soccer clubs in the midst of a global economic crisis.“Am I am worried about it? I don’t think so at this time,” Watmore said. “And the reason for that is because it’s individual clubs that have to look after their own finances and the leagues then administer the financial regime.”Premier League defending champion Manchester United has debts of more than $1 billion, while Chelsea’s obligations to owner Roman Abramovich from his interest-free loans are in excess of $560 million.Manchester City has spent about $167 million in the offseason, signing forwards Emmanuel Adebayor and Carlos Tevez in a bid to challenge for a first English league title since 1968.Crosstown rival Manchester United, which has won the last three Premier League titles, has spent barely $33 million—a quarter of what Real Madrid paid for star player Cristiano Ronaldo. Watmore argues this is merely “market forces at play.”“As long as they operate within the rules of their leagues,” he said, “then I think for now we should manage it through and see where we get to as the economy unwinds.”