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Student Contributions

Sam Foster
Upper Sixth
School House

January transfer market — a gift or a curse

January transfer market — a gift or a curse

Nowadays, football has come under scrutiny for losing its values and merely becoming a money-making industry. Fortunately UEFA have brought in a new rule, starting next year, to the effect that a team’s expenditures cannot outweigh its revenue.

Now this is of course a big step forward in the new-look football industry and has been backed by clubs such as Arsenal and Chelsea. Of course this does not mean to say they all listen to it. The aforementioned Chelsea, who are owned by Russian billionaire Roman Abromovich, were more than keen to support this new rule, yet no sooner had they signed on the dotted line with UEFA, they had also done so with Liverpool and Fernando Torres.

To the original point, the January transfer market: dubbed as a perfect opportunity for teams to bring in someone new to propel them to the end of the season. Unfortunately, this is very far from the truth. It is in fact a perfect opportunity for big spending clubs such as Chelsea and Manchester City to ‘flash the cash’ and break some kind of transfer record.

Smaller teams have to make do with very little. For example, Liverpool quite happily spent £35 million on Andy Carroll from Newcastle and were also happy to let Fernando Torres go to Chelsea for £50 million. This cannot carry on. Not only does this contradict the new UEFA law that Chelsea supported, it is also unfair on the smaller clubs who cannot bring big names to their club as they do not have the big notes.

That is not to say that the January transfer window has not been an entertaining ordeal throughout the years. It has brought us such as players as Andrei Arshavin and others who may have not even had to cross the channel.

This year alone, English Premier League clubs spent a record £225 million in the space of one month. The League Managers Association has even stated their intent on scrapping the additional market. Richard Bevan, the chief of the LMA said: “It doesn’t do what it was looking to when it came in, it doesn’t create stability, it doesn’t create a level playing field, and certainly in the Football League they are very keen the domestic window is removed.”

Although I drifted into the new law being brought in by UEFA, I want to make my message very clear. I believe that the January transfer market is a waste of time and, although I love following Transfer Deadline Day just like thousands of others, does it not make it more special to only have it once a year?!

3 February 2011

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