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Agree with most of what you're saying but it's not subsidised money it's market forces, sky/BT/bein sports or whoever pays what they think the league is worth you can't expect them to pay every league the same. But when eufa started to pick which football leagues they thought deserved al
I agree that on the face of it it looks like market forces.
But its self fulfilling.
If they put 100 million into every team in Scottish premier league then they would attract better players and would attract better audience worldwide.
Its a catchy 22 system.
It will kill the game and make the clubs they give funny money less attractive in future.
In short term it works but long term it destroys game. Its not market forces its arbitrary allocation based on whom they put on screen.
This gives them short term ability to attract best players.
But medium long term less than ordinary players get overpaid
And they have no real incentive to get better.
So giving overpayments from massive subsidy will make players less hungry and more able to act like prima donna
The foundation clubs cant afford to pay peanuts so cannot attract young players to learn game, the massive clubs have 100s players on wages that nobody can afford below them
And the subsidy has totally destroyed the market pressures.
Making only the clubs getting tv viable long term
And therefore it will destroy the foundations of game while filling the pockets of all the agents and brokers and spivs
100 million per year before they get any of their ordinary incomes and sponsors and massive hiked prize money for those leagues.
Its subsidising the richest clubs with sleight of hand finance masquerading as market forces.
West Ham don't have a worldwide support that matches thousands of teams in other countries
therefore its not market forces that entitles them to 100 million per season (thats a billion just from tv over 10 year)
It can be argued they are worth it by spivs
But thats to kick up the agents fees and the add on for all the shenanigans that don't have any connection with underlying value.
When things sell for way over their underlying market value thats not through market pressures that are natural its through contrived distortion through subsidising the prices way beyond value.
Market pressures always bring price closer to value except on rare items
But you can make absolute killing if you can create tiered markets in a non elastic market through contrived subsidy
it creates instant arbitrage
It should be illegal but its not because the psychos that make the money from the scam run the world
The will pay 160 iq lawyers to run rings round you
But it all stems from manipulated market injections between tiered markets.
the market should be 1 market open without barriers
you create barriers to arbitrage the differentials
eg
if gold was selling in one market for 100 pounds an ounce
but selling in another market at 50 pound an ounce
you would buy and sell instantly between markets make a killing.
but say you set up a barrier between these markets where you need go through their barriers for fee your instant profit is diluted.
Now imagine you create a Ponzi style system while feeding certain markets and calling them the good markets
you create an even bigger gulf and the barriers get bigger with more power to extract more and more of the thin air value added
Anyway thats what football has become a Ponzi style bubble
the rich clubs get inflated the poor clubs shrivel
and eventually pop the bubble bursts like we saw with rangers
but all the agents of all the deals keep their money the public lose out and then the addiction in inelastic market for football demands that brand re-enter the scam
Massive arbitrary payments to tiny clubs makes them bigger
But its not sustainable because its not due to market pressures
Its market manipulation through subsidising and its allowed because it makes the money men mote money than they lose through the agent and brokerage and executive scams
it appears your losing lots of money but in actual fact your raking it in through the brokerage
even if it goes pear shaped you get your money back but all the nuggets who keep turning up to pay you to scam them keep turning up thinking its you who losing money.
but the tax dodges along the way and the mega transactions with slices more than pays back into another account what it appears you are putting in.
And these people who run the game know the scam even if us punters don't.
They pay nothing get directors freebies and massive breaks. And the sky payments is all part of the Ponzi game
its like a massive game of 3 cups and 1 pea
they distract you and you lose even though your sure its legit
And if you try to expose it they will lawyer you to hilt and make you look like a spoiled child.
And imo
the scam centres around the massive payments from sky arbitrarily to whom they decide is best leagues
And via those payments make those leagues best leagues
And that creates the tiered markets with arbitrage overlaps for top dogs in lower markets which suits celtic currently
But in time it will destroy game
creates overpaid mediocre players in top tier
it forces small club out of business trying to keep up with market rates subsidised in certain leagues
those small clubs where vita for health of game
and the bubble at top bursts
and bottom caves in with nothing to hold up the pyramid
market forces prevent bubbles they don't make them
only subsidised market manipulation creates bubbles
agents and brokers all walk away minted and move onto the next market to scam and they are that rich they can afford smarter lawyers
they will argue its market pressures
I dissagree
Most people believe them since they have the inelastic market distracted with pizaz
