What a disaster for the rest of the clubs in the Premier League today.
I have no idea why clubs like Sunderland and Everton voted for the rules today but it ensures the big clubs will never be challenged. There are two reasons for this
1) to challenge them you need to spend and therefore our spend under MON would now be penalised
2) To link to TV deals and sponsorships means of course who gets the bigger deals. For example Spurs shirt deal was £34M ours was £10m or so, guess how can pay more wages.
Then of course we voted against as we should but people are asking why. For me it is simple, by that one move the value of Villa to sell has fallen dramatically. I have no doubt Randy wishes to sell, well who to now ? Think of the amount of money that is needed to spent at the club to rebuild the squad.
Then think of the only people who can afford it then think of the lack of real money they can now spend in a era where transfer fees and wages will only go up.
You can only come to the one conclusion that to sell the club will be very difficult and not at the price Randy would want.
In other words after today we are stuffed.
(unless you believe buying lower league younger players can really challenge the top teams)
EDIT – Someone on the Villa Mailing list brought ip a great point I had not thought of
The Villa know that they will make loses of more than £105 over the next 3 years. Perhaps it’s because the loans have to be paid back during this period.