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Manchester City chairman Khaldoon al Mubarak said on Wednesday that the European model of football - which has produced multi-million pound salaries and a growing gulf between the richest and poorest clubs - could not be sustained.
Asked about how the UAE could best build a football model, the Premier League club supremo said: "I am a fan of the American model. The European model cannot be sustained without new parameters, commercial parameters that allow competition, that allow revenue distribution, and that will allow talent to continue to prosper."
Under the US model, clubs playing in Major League Soccer have to abide by a salary cap for players. Currently, each MLS franchise is restricted to a cap of $2.3 million to spend on a squad of 24 players.
Under the European model, most of the revenues, including the lucrative TV rights, are shared largely among the most successful clubs who qualify for the biggest events and therefore demand more on-air time.
The chairman of arguably the richest club in the world made his comments during a live debate at the inaugural Abu Dhabi media summit called Going for Growth.
In December, the English Football League revealed that Abu Dhabi-owned Manchester City spent the most money on agents' fees over the past year as the club signed up top players in its attempts to join the elite.
Funded by the ruling family of Abu Dhabi, the club has spent about $328 million on players since Sheikh Mansour bin Zayed Al Nahyan’s takeover in September 2008 to the end of last year.
Between October 1, 2008 and September 30 this year, it paid agents 12.9 million pounds ($21.2m), the Premier League said.
In September 2009, it was reported that Premier League clubs' spending on new players dropped by 10 percent to 450 million pounds ($730m) during the close-season transfer window which shut on Tuesday despite the best effort of Abu Dhabi-owned Man City.
Even Man City's 120 million pounds spree failed to see the top flight match the record sum of 500 million pounds spent a year ago.
Given that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonI often live with embarrassment, with respect to foreign nationals, by being a “crude American.” I want to marry a man in the Islamic world because one... more
Friday, 25 May 2012 10:20 AM - Rouillie WilkersonTaking religion based decisions in such matters is wrong. It sends wrong signals and sets up bad precedence. What next? Will they stop serving beef in... more
Friday, 25 May 2012 12:15 PM - Skand BhargavaVery happy to hear the Olympics will go to a deserving host. more
Friday, 25 May 2012 1:56 PM - Not Currupt"All savvy European buyers, will wait to evaluate the impending changes to the property investor law!" True. But pointless as this is targeting the "not... more
Friday, 25 May 2012 12:15 PM - TelcoguyGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonPalm Jumeirah = Disneyland. Is this the kind of community to invest in for a home ???? or a hotel ? It baffles me why people would invest in an apartment... more
Wednesday, 23 May 2012 4:13 PM - PaulInstead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - FahdI often live with embarrassment, with respect to foreign nationals, by being a “crude American.” I want to marry a man in the Islamic world because one... more
Friday, 25 May 2012 10:20 AM - Rouillie WilkersonLet's see what will happen and if this project will go ahead. Only time will show. What happens to the other projects? not much is going on? Are investors... more
Monday, 21 May 2012 11:49 AM - Gregthe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxbWhen I first went to live in ABu Dhabi - I clicked up a couple of speeding fines during the frist year (on empty roads and certainly not tailgating - but... more
Thursday, 17 May 2012 5:45 PM - Baffy
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