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Fabregas deal set to make matters worse



Cesc Fabregas appears to have made his mind up and so too have Barcelona. It therefore simply remains for Arsenal to be slowly persuaded to part with one of their prized assets. Arsenal have rarely spent big to bring players into the club and even on the odd occasion that they have felt the need to splash the cash it has invariably realised a good return from the on sale. It's therefore a bit of an irony that Arsenal could be the latest club to metaphorically inflate football's financial balloon still further.

At a time when Portsmouth Football Club's much publicised financial demise could and should have seen a monetary correction in our game we have an impatient player (who only recently has signed a longish contract with his club) that has decided, probably with the gentle prodding from his agent, to spark a transfer battle that could send the market prices climbing once again.

Barcelona have offered around 30M - it's understood that they would probably go to 80M. Arsenal have obviously rejected the initial approach from Barca but surely it is only a matter of time before the clubs Director's (forget the Manager's) thrash out a price that is deemed acceptable to both clubs and certainly one player and one agent. Arsene Wenger and the Arsenal fans will be the losers and in truth so could the rest of football because this can only have an inflationary impact on our game.

Fabregas will become the latest financial benchmark against which other clubs assess the value of their player's. The bright spot, because it is Arsenal rather than some other clubs involved, is that it is highly unlikely that the income from the transfer will be ploughed back in total to squad improvement. After all, they still have a massive debt on the ground to repay and surely at least some will be re-directed in this way. Hopefully, this will help prevent too much cash floating around in the transfer market.

Let's hope that any damage is limited because there is no doubt that it ripples right the way down through the game to non-league level. And it would be a shame if the balloon that has been deflated even if only a little by both Pompey and Crystal Palace is almost immediately blown up again as the game continues to plough on regardless until the next bankruptcy.

Maybe one day it will be one of the big boys and football will actually do something about it.

Written by Dave_S139.

The views within this article are the views of the individual who wrote and submitted this piece, sometimes solely theirs. They are not necessarily shared by the Vital Pompey Site Journalists.

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Writer: pompeyrug Mail feedback, articles or suggestions

Date:Thursday June 3 2010

Time: 8:33AM

Your Comments

Maybe, Rug, maybe. Then again.......
uktony
this was not written by me tony. Dave_S139 did this one.
pompeyrug
They, Barca are light years away from what we are & are likely to be. Even trying to get near has got us where we are now.
storagematt
hi, for a start Arsenals debts are very manageable and have been brought down greatly this last year they more than generate enough through the turnstiles to service the debt and make a profit.As much as I feel sorry for Portsmouth your debt was incurred by living and spending way above your means ,I point my finger at Redknapp myself as his track record with bankrupt clubs proves.I think Arsenal have to stand their ground and not get bullied by Barcelona it happens every season and I am so happy that Arsenal put out such a strong worded statement telling Barca to f@@@ of.He is captain of rsenal has the most assists in the premiership in the last 5 years is still only just 23 years old as well,the market price should reflect this as well as his 5 year contract , hence abv 60 mio .Just because they are one of the best teams in the world doesn't mean they should be able to bully other clubs.I go as far to say that Barca are a cancer in football just concerned with their own well being ,La Liga is dying because of the massive TV deal them and Madrid have,with all the other clubs struggling to survive with a tenth of the Tv money the big 2 get. In the long run football will the winner if UEFA get involved re tapping up and unbalanced TV money.
HIGHAMSPARKGUNNER
Massive debt on the ground? Er...you might wanna check the financials bud...
Gunnerman
HIGHAMSPARKGUNNER. Wasn't by any means having a go at Arsenal. In fact, quite the opposite as I regard them as one of the more creditable football managemnet models. And I certainly agree with your final comment which would, in part, solve some of football's problems. Gunnerman. I have ..... bud. Much lower than they were but still a large debt. Part of football's problems are that there is a general acceptance of debt and, as with a statement from another Premiership club this season, "It's only 60M". Not a clever mindset really but hey I would prefer to be run like an Arsenal rather than like a Man City or a Chelsea.
Dave_S139
Good article Dave and some of the defensive responses show that football people in general still don't get it. Football is going to implode if it doesn't sort itself out, and transfer values at this level just don't help. And it also shows people still just believe the over simplistic view that it was just Redknapp overspending that caused Pompey's problems - shows how they're just not interested!
tracyc
 

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