Stan Matthews Weighs in On Financial Fair Play in South Africa!
Stan Matthews Weighs in On Financial Fair Play in South Africa! This follows the topic that FFP should be introduced in local football.
Stan Matthews Weighs in On Financial Fair Play in South Africa! This follows the topic that FFP should be introduced in local football.
Stan Matthews has given his opinion on financial fair play in South Africa. This followed debates that Mamelodi Sundowns are signing players without facing any financial implications.
The Brazilians are by far the richest club in South Africa, with Patrice Motsepe and son Tlhopie Motsepe at the helm. They have signed the best players available for several years now.
Former Bafana Bafana international and football pundit Jabu Mahlangu claims that they are hoarding the best players available, thus weakening the league. Matsatsantsa can attest to that, having sold their best players to Sundowns every season.
“This is a global problem, not a South African problem,” he told the press.
“This is a global phenomenon where a club with money has the capacity like Manchester City like Chelsea in world football.
“The Real Madrid’s, the Bayern Munich. They have the money, so they are always going to get the best players. So, you cannot complain about it, it is what it is.
“By trying to influence the market artificially is difficult. But at the same time the value proposition right now needs to make sense.
“So, you ask yourself, there is R15 million prize money for winning the league. How does it make sense to be spending R20, 30, 40 million rands on one player?
“It is not sustainable for any kind of normal football club. So, if other clubs want to follow that model and spend beyond that, we are going to have bad end results in South African football. We are going to see clubs stumbling and going into administration and folding.
“I am saying we already have casualties in the PSL, we have casualties already. A club like Bidvest Wits is not with us anymore, Bloemfontein Celtic is not with us. We also need to be responsible for football.
“The holistic industry to make sure that clubs can sustain themselves and be around in 10-, 15- or 20-yearsyears’ time.
“Not try to keep up with artificial spending; on the one hand is a free market and if they have the capacity in any club to give themselves 20 to 30 nice players, good luck.”
This has been a raging topic in the PSL. Stan Matthews Weighs in On Financial Fair Play in South Africa!
