European Clubs plan to form Super League

Fifa and Uefa have long been known for corruption and bad decisions and its no surprise that major clubs are getting frustrated with them. Now there is a concern among the clubs that Uefa is becoming politically and financially more powerful. Uefa intends to sell nations' broadcasting and marketing revenues on a collective basis which would hugely increase its financial and political clout. Amid these fears, top European clubs such as Barcelona, Chelsea, Real Madrid, Manchester United, AC Milan, Arsenal, Bayern Munich and Manchester City have threatened to form a new 'super league' of their own. The strained relationship between clubs and football's governing bodies was seen in Bayern Munich's president Karl-Heinz Rummenigge's comments which went like: Sepp Blatter is saying he is cleaning up the game, but the fact that no-one believes him, tells you everything you need to know. I'm not optimistic because they believe the system is working perfectly as it is. It is a money-machine.

It is a nice game but it is decided by people who are corrupt. I am not ready to accept the system as it is and I am not alone.

He also added that since their memorandum of understanding with UEFA ends in 2014, he will not be obliged to accept Uefa regulations after this ends.

The main reason for the breakway is terrible administration and corruption but there is another reason which according to me is the reason why Manchester City is mentioned as a part of this group and that is the Uefa Financial Fair Play. The Financial Fair Play was initiated by Michel Platini the President of Uefa and it essentially means that a club's spending will be limited to 60% of its turnover and any club who does not heed to this will not be eligible to play in Europe's premier competions such as the Champions League and Europa League. It is aimed at forcing equality among the teams and ending an era of reckless spending. This measure will not be liked by Manchester City's owners and this was clearly seen as they were forced into accepting a deal from Etihad to rename their stadium in order to be eligible to take part in the Uefa Champions League.

Now, its all a matter of when the 'super league' will be formed since at the moment it doesn't look good for football's elite governing bodies.

Why is Real Madrid CF so valuable?

In spite of being Europe's most successful club, Real Madrid CF has not experienced the best of times. They have not won a Champions League trophy in 9 years not to forget the fact that their last La Liga trophy was in 2008. To compound such a dismal run, Real Madrid as of 2010 have incurred a debt of 244 million euros. Considering all the above data, one would wonder as to how they are still rated the second most valuable football club behind Manchester United. According to me, the main reason why Real Madrid  is so valuable is that when a person purchases a club like Real Madrid, they are essentially buying money. This may seem absurd but it is infact very true. When a person purchases Real, they buy the entire club which includes players, stadium and revenue from merchandise and television rights. With a club like Real, these constitute a huge sum of money. A player like Cristiano Ronaldo has a buyout clause of 1 billion euros which in essence means that if a club wanted to force Real Madrid to sell the Portugese winger, they would have to fork over a ridiculous price which could hurt the pockets of even some of the wealthiest people on the planet. Ronaldo is just one such player. Real Madrid's roster include the likes of Kaka,Ozil,Benzema,Casillas and the list goes on. Not to forget that the Santiago Bernabeu could be in your possession. All these factors is why I think that Real Madrid is still one of the most valuable football clubs on the planet. 

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