DISCLAIMER: The views expressed in this post are solely my personal views. If anyone wishes to challenge them, please do so but in constructive ways. Thank You
It made headlines in August 2017, Neymar leaves FC Barcelona and joins Paris St.Germain (PSG) for 222 million Euros!
Yes! Euros! 222 Million Euros!
Makes one wonder, No?
Well, it does make me wonder.
Yes, we do know that Nasser Al-Khelaifi owns Paris St.Germain through Oryx Sports Investment and that PSG has known to have purchased players such as Zlatan Ibrahimovic, Edinson Cavani, David Luiz, Marquinhos and Lucas Rabiot as well as Angel, Di Maria, Blaise Matuidi, Marco Veratti, Thiago Motta, Kevin Trapp, Julian Draxler and Yohan Cabaye.
Ronaldinho? Well, he played there around 15 years ago before he joined FC Barcelona.
Point of discussion here is Neymar’s fee of 222 million Euros.
How is such a price tag justified?
First, lets take a look at the most expensive transfers in the history of football:
|1||Neymar||Barcelona – PSG||2017||€222m|
|=2||Ousmane Dembele||Dortmund – Borussia Dortmund||2017||€105m (+€45m)|
|=2||Paul Pogba||Juventus – Manchester United||2016||€105m|
|4||Gareth Bale||Tottenham – Real Madrid||2013||€100.8m|
|5||Cristiano Ronaldo||Manchester United – Real Madrid||2009||€94m|
|6||Gonzalo Higuain||Napoli – Juventus||2016||€90m|
|7||Neymar||Santos – Barcelona||2013||€86.2m|
|8||Romelu Lukaku||Everton – Manchester United||2017||€84.8m|
|9||Luis Suarez||Liverpool – Barcelona||2014||€82.3m|
|10||James Rodriguez||Monaco – Real Madrid||2014||€80m|
|11||Alvaro Morata||Real Madrid – Chelsea||2017||€78.9m|
|12||Zinedine Zidane||Juventus – Real Madrid||2001||€77.5m|
|13||Kevin De Bruyne||Wolfsburg – Manchester City||2015||€75m|
|14||Angel Di Maria||Real Madrid – Manchester United||2014||€74.6m|
|15||Zlatan Ibrahimovic||Inter – Barcelona||2009||€69.5m|
|16||Raheem Sterling||Liverpool – Manchester City||2015||€69.1m|
|17||Kaka||AC Milan – Real Madrid||2009||€65m|
|18||Edinson Cavani||Napoli- PSG||2013||€64.5m|
|19||David Luiz||Chelsea – PSG||2014||€62.5m|
|20||Angel Di Maria||Manchester United – PSG||2015||€61.6m|
|21||Oscar||Chelsea – Shanghai SIPG||2016||€60.3m|
|22||Luis Figo||Barcelona – Real Madrid||2000||€60m|
|23||Fernando Torres||Liverpool – Chelsea||2011||€59m|
|24||Hulk||Zenit – Shanghai SIPG||2016||€58.6m|
|25||Benjamin Mendy||Monaco – Manchester City||2017||€58.2m|
|26||John Stones||Everton – Manchester City||2016||€58m|
|27||Kyle Walker||Tottenham – Manchester City||2017||€56.7m|
|28||Hernan Crespo||Parma – Lazio||2000||€55m|
|29||Alexandre Lacazette||Lyon – Arsenal||2017||€52.4m|
|30||Gianluigi Buffon||Parma – Juventus||2001||€52m|
|31||Eliaquim Mangala||Valencia – Manchester City||2014||€51.7m|
|=32||Alex Teixeira||Shakhtar Dontesk – Jiangsu Suning||2016||€50m|
|=32||Bernardo Silva||Monaco – Manchester City||2017||€50m|
|34||Anthony Martial||Monaco – Manchester United||2015||€49.3m|
|35||Gylfi Sigurdsson||Swansea – Everton||2017||€49.2m|
|36||Christian Vieri||Lazio – Inter||1999||€49m|
|37||Gaizka Mendieta||Valencia – Lazio||2001||€48m|
|38||Mesut Ozil||Real Madrid – Arsenal||2013||€47m|
|=39||Juan Sebastian Veron||Lazio – Manchester United||2001||€46m|
|=39||Rio Ferdinand||Leeds – Manchester United||2002||€46m|
|=39||Ronaldo||Inter – Real Madrid||2002||€46m|
|=39||Juan Mata||Chelsea – Manchester United||2014||€46m|
|=39||Douglas Costa||Bayern Munich – Juventus||2017||€46m|
|44||Christian Benteke||Aston Villa – Liverpool||2015||€45.8m|
|=45||James Rodriguez||Porto – Monaco||2013||€45m|
|=45||Joao Mario||Sporting CP – Inter||2016||€45m|
|=45||Granit Xhaka||Borussia Monchengladbach – Arsenal||2016||€45m|
|=45||Tiemoue Bakayoko||Monaco – Chelsea||2017||€45m|
|49||Nemanja Matic||Chelsea – Manchester United||2017||€44.7m|
|50||Leroy Sane||Schalke – Manchester City||2016||€44m|
|51||Andriy Shevchenko||AC Milan – Chelsea||2006||€43.9m|
|=52||Robinho||Real Madrid – Manchester City||2008||€43m|
|=52||Radamel Falcao||Atletico Madrid – Monaco||2013||€43m|
|54||Alexis Sanchez||Barcelona – Arsenal||2014||€42.5m|
|=55||Rui Costa||Fiorentina – AC Milan||2001||€42m|
|=55||Javier Pastore||Palermo – PSG||2011||€42m|
|=55||Thiago Silva||AC Milan – PSG||2012||€42m|
|=55||Jackson Martinez||Atletico Madrid – Guangzhou Evergrande||2016||€42m|
|=55||Henrikh Mkhitaryan||Borussia Dortmund – Manchester United||2016||€42m|
|=55||Mohamed Salah||Roma – Liverpool||2017||€42m|
|=55||Leonardo Bonucci||Juventus – AC Milan||2017||€42m|
|=62||Lilian Thuram||Parma – Juventus||2001||€41.5m|
|=62||Corentin Tolisso||Lyon – Bayern Munich||2017||€41.5m|
|64||Andy Carroll||Newcastle – Liverpool||2011||€41.3m|
|=65||Pavel Nedved||Lazio – Juventus||2001||€41.2m|
|=65||Shkodran Mustafi||Valencia – Arsenal||2016||€41.2m|
|=65||Sadio Mane||Southampton – Liverpool||2016||€41.2m|
|=68||Roberto Firmino||Hoffenheim – Liverpool||2015||€41m|
|=69||Marc Overmars||Arsenal – Barcelona||2001||€41m|
|=70||David Villa||Valencia – Barcelona||2010||€40m|
|=70||Paulinho||Guangzhou Evergrande – Barcelona||2017||€40m|
|=70||Sergio Aguero||Atletico Madrid – Manchester City||2011||€40m|
|=70||Radamel Falcao||Porto – Atletico Madrid||2011||€40m|
|=70||Hulk||Porto – Zenit||2012||€40m|
|=70||Axel Witsel||Benfica – Zenit||2012||€40m|
|=70||Javi Martinez||Athletic Club – Bayern Munich||2012||€40m|
|=70||Eden Hazard||Lille – Chelsea||2012||€40m|
|=70||Fernandinho||Shakhtar Donetsk – Manchester City||2013||€40m|
|=70||Ederson||Benfica – Manchester City||2017||€40m|
|=70||Federico Bernardeschi||Fiorentina – Juventus||2017||€40m|
|81||David Luiz||PSG – Chelsea||2016||€39.6m|
|=82||Michy Batshuayi||Marseille – Chelsea||2016||€39m|
|=82||Antonio Rudiger||Roma – Chelsea||2017||€39m|
|84||Didier Drogba||Marseille – Chelsea||2004||€38.5m|
|=85||Michael Essien||Lyon – Chelsea||2005||€38m|
|=85||Fernando Torres||Atletico Madrid – Liverpool||2007||€38m|
|=85||Dimitar Berbatov||Tottenham – Manchester United||2008||€38m|
|=85||Gonzalo Higuain||Real Madrid – Napoli||2013||€38m|
|=85||Diego Costa||Atletico Madrid – Chelsea||2014||€38m|
|=85||Eric Bailly||Villarreal – Manchester United||2016||€38m|
|=85||Mats Hummels||Borussia Dortmund – Bayern Munich||2016||€38m|
|=85||Andre Silva||Porto – AC Milan||2017||€38m|
|=93||David Beckham||Manchester United – Real Madrid||2003||€37.5m|
|=93||Luke Shaw||Southampton – Manchester United||2014||€37.5m|
|95||Jackson Martinez||Porto – Atletico Madrid||2015||€37.1m|
|=96||Filippo Inzaghi||Juventus – AC Milan||2001||€37m|
|=96||Wayne Rooney||Everton – Manchester United||2004||€37m|
|=96||Edin Dzeko||Wolfsburg – Manchester City||2010||€37m|
|=96||Mario Gotze||Borussia Dortmund – Bayern Munich||2013||€37m|
|=96||Arturo Vidal||Juventus – Bayern Munich||2015||€37m|
I know right! Pretty Expensive!
How much will Neymar earn at Paris St.Germain? 45 Million Euros per season.
This is what it is. Sadly, the gap between different continents of the world exists. While more people die of drought, hunger, starvation, political lapse and conflict in Asia and Africa, the world of football is dancing and bathing in millions and billions of Dollars!
Manchester United made a big mistake of buying back Paul Pogba from Juventus Turin for 120 Million Dollars, and they received backlash from journalists over the amount of money paid, which should have gone to charity. Furthermore, with footballers earning insane amounts of money, they do pay taxes and pay money in charity and have given back a lot to their community. BUT, there are many whose families have been quite greedy and have never paid attention to anything but their greed. Take Emmanuel Adebayor’s case: He gave his family a mansion in Lome, Togo but when some greedy siblings started phishing money from him through lying, he had to shift his innocent younger siblings to England and France, and by helter skelter means, he either had to give them small businesses, pay for their education or keep them under his care. In short, greed is a killer indeed.
But what about Neymar’s case? FC Barcelona are suing him for a breach of contract. Will the transfer money shut them up?
NOT JUSTIFIED AT ALL!!
The fee is insane!! It will not only drive the football inflation up! Merit will be dead! Ticket prices will shoot up and since Neymar comes from a 3rd world country, his family cannot live in Brazil peacefully.
Have a look at Adriano Leite Ribeiro, what happened to him? Greed!
Neymar will no doubt perform well at PSG but he is now a traitor. Leaving FC Barcelona behind for no reason, even if Neymar will earn good, he has to pay taxes and for charity. In short, he can’t have it all because the greedy agents of football players and other intermediaries involved will actually cause the economic balloon of football to inflate til insane heights. Once it pops up, it will cause a meltdown of football clubs. All the big names, Real Madrid, Bayern Munich, Paris St. Germain, Manchester United, Arsenal, Manchester City, Glasgow Rangers, Celtic, Inter Milan, FC Barcelona, AC Milan, Ajax Amsterdam, AS Roma, Lazio, Liverpool, Chelsea, Napoli, CSKA Moscow, Sporting Lisbon, FC Porto, Galatasaray etc. will all face the economic meltdown.
Clubs cannot cover up the additional expenses that come afterwards. If most of that money went into just a transfer, then the agents will definitely be wanting more, tax authorities want more as well and that, intermediaries will charge their fees as well (Banks!).
What does UEFA’s Financial Fair Play regulations say about that? The regulations were made in 2011 as an effort to inhibit spending, stating that a team cannot spend too much more than what it earns, without facing any sanctions.
Paris St. Germain club president and owner Nasser Al Khelaifi believes his club won’t have an issue turning a profit.
“When you consider Neymar as a brand, maybe it won’t seem so expensive. I’m sure we’ll make more money than we’ve paid,” he stated in a press conference when Neymar was unveiled, referring to ticket revenues, championship earnings and new sponsorship opportunities.
Like Seriously? can a welfare dependent Frenchman be able to buy front row tickets at Parc Des Princes just to watch Neymar play? Maybe Al Khelaifi forgot economics or is simply abusing his wealth.
Marc Ganis, co-founder of Sportscorp (a sports business firm), is skeptical about Neymar’s transfer and money associated with it. He believes that it does not make any financial sense. Though, these superstars are outliers regarding their high value, but is their value really worth a value? or is it just an inflated price tag sellers put on to earn huge amounts? Metrics like a player’s performance, statistics, age, business appeal and reputation help collect data points that can really quantify the true price of a player, but since perception matters more than reality, the only measure of worth that counts is what someone is willing to pay, as put by Rory Smith in The New York Times.
Smith cited the case of the French midfielder Moussa Sissoko. When he was playing at Newcastle United last season, the club believed he was worth around USD$20 million. When La Liga powerhouse Real Madrid suggested that they were prepared to pay twice that amount, Newcastle increased its valuation and later transferred him to Tottenham Hotspur for close to USD$40 million.
Another example is that of Anthony Martial. Manchester United agreed a USD$ 46 million deal in 2015 for the former AS Monaco sensation, with options reaching a total of USD$ 75 million. Though he had to prove himself a lot, at the age of 19, he had 15 goals across the last two seasons at Old Trafford. Despite the fair statistics, that amount of money wasn’t justified either, and even former Manchester United coach Louis van Gaal acknowledged the risk and labelled the price tag as “ridiculous” and a “reflection of the crazy world we live in.”
Neymar’s transfer fee is economically dis-balancing, and sorry to say, the Sheikhs of the G.C.C nations are very unethical. The money they paid could have saved a country, a continent, a million lives and even the world.
I’m not saying I hate the Arab Sheikhs, I am saying that they should spend that kind of money ethically and in much generous ways to help bring equality and equity in the world.
Sorry to say, today’s world of football has become quite unstable. Whatever happens next, billionaire owners investors will take notice and will try bargaining as well. When the time comes for them to spend their own money on players, they will continue to try to determine what counts as a fair price and even if they have to bargain, they will because no one wants to blow money away without any sense.