New transfer system hits the Football League

The Premiership may be prospering, but the new transfer system imposed on football by the European Commission has hit the Football League hard. John Nagle, the league's director of communications described its effect as 'catastrophic' in an interview with European Voice. The main problem according to him is the twice yearly transfer window. This means clubs are often faced with a 'take it or leave it' offer from buying Premiership clubs on he last day of the window. Hard up clubs are effectively forced to accept relatively small fees, knowing that they will not get a chance to sell their prized assets for another six months. There is a knock on effect on the smallest clubs because the mid-ranking Football League clubs have less money from sales to the Premiership to spend on cheaper players from lower down the league. European Commission spokeswoman Anita Torres insisted, however, that the system was working well from a competition law perspective.

Source: euFootball.BIZ © Copyright 2006 - All rights reserved.