Reviews "Money-burning machines": Seifert's criticism of top clubs speaks to many from the soul
Alle chasing Meppen: New season started in the NGL Pro Club Premiership
Year after year, the Pro Club mode proves that the FIFA series has more to offer than just Ultimate Team. In the NGL Pro Club Premiership, registered clubs compete in eleven versus eleven at the console. The competition has now started into its fourth season, with 20 clubs reaching for the title. © NGL The NGL Pro Club Premiership is already in its fourth season The positional game is likely to be one of the most difficult disciplines in the FIFA series.
Christian Seifert has harshly criticized some European top clubs and dubbed them "money-burning machines". The DFL managing director is sure to speak to quite a few people.
Actually, Christian Seifert, as managing director of the German Football League, has been in a somewhat more defensive position for almost a year, from which he is an excellent moderator of Bundesliga games despite the corona pandemic. He doesn't demand anything, always emphasizes that politics has the last word and worked with the DFL to develop a wonderfully functioning hygiene concept. In addition, the clubs could be relieved financially by slight adjustments. So he was able to let all the criticism that has existed since then on football and its "special status" without problems.
Complete Guide: How to Buy a Used Car
The single easiest way to save money when buying a car is to purchase a used model instead of a new vehicle. When you buy a new car, the second you leave the dealer's lot, it starts to rapidly depreciate, losing a significant amount of its value in the first few years of ownership. When you buy a used car, the original owner absorbs the pain of its steep depreciation during its early years. You pay far less than you would have if you had purchased the car new. There may be more maintenance required on a used car that's out of warranty, and its financing may be a bit more expensive.
That's why Seifert can now allow himself to go on the offensive and criticize the customs outside the Bundesliga. There are not as strict licensing requirements as in this country and there the money is thrown around much more excessively. So does Seifert, who said the "brutal truth" at a Financial Times-hosted soccer business industry summit is that "some of these so-called super clubs are - I would say - poorly managed money-burning machines" (via RP).
Seifert did not name a club, but it is generally assumed that he spoke of teams such asor , which should be primarily interested in a European super league, or and Paris St. Germain. All of them are currently suffering insane losses or amassed huge mountains of debt. "If I were an investor, I would ask myself whether they would be the right partners," said the DFL boss.
Tour operator in the Corona crisis: Tui ends the year with billions in losses
The crashed bookings in the Corona crisis pushed the world's largest travel company Tui deep into the red last year. In the end, there was a loss of more than 3.1 billion euros after a profit of around 416 million euros in 2018/2019. The turnover of the company supported with state aid collapsed from 18.9 billion to last 7.9 billion euros, as Tui announced on Thursday when it presented its business figures. © picture alliance / dpa The corona pandemic plunged tour operators into a crisis.
Seifert calls for sustainable business models
Seifert does not believe that Corona will change anything: "In the end, you will burn money, as you have done in recent years. You should think about developing a sustainable business model." Seifert has indirectly referred to the Bundesliga, which is pretty much alone in Europe with its strict licensing process and the 50 + 1 rule, but prevents such excesses as in other leagues and is still internationally competitive.
Incidentally, Seifert also praised UEFA for virtually banning the Super League. There are unusually clear words of the DFL managing director in the direction of the European top clubs, with which he underpins what he thinks of their constant striving for more and more money. He is sure to speak to the hearts of many who are fed up with the utopian payments that football is still making today despite everything.
All 36 professional clubs get the license, but: Points are deducted for violations of the conditions .
A virtual conference of the 36 professional clubs has been called for Thursday at short notice. The licensing process suspended due to the pandemic is to be reactivated. But no club should become a victim of the pandemic. © Getty Images The DFL issues licenses for the clubs regardless of the economic situation. At short notice, a virtual conference of the 36 professional clubs has been called for Thursday. This general meeting will not be an emergency meeting.