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Does money buy well? For those who do not believe it, think again.
Owners of the most expensive teams in world football, want to know if Chelsea will play Manchester City in the final of the Uefa Champions League this Saturday.
Gaining greater prestige in European club football is the biggest reward for those billions of retailers who have made millions of dollars by building their squads and the football business.
Roman Abramovich, the Russian-Israeli economic leader who bought Chelsea in 2003, hopes to repeat 2012, the first and only victory in the competition.
Meanwhile, City, led by Sheikh Mansour bin Zared al-Nahyan, the billionaire prime minister of the United Arab Emirates, hopes to form their first club in the Champions League after securing their third Premier League title in four years. All of its owners have spent almost £ 1.6bn on players sold since they took over the reins.
Saturday’s game is just the last leg of the Champions League between the two English teams.
While the first two English finalists – in 2008 and 2019 – were more than a decade old, it has only been two years since the last of the other two Premier League teams reached the final of the European Championship.
An analysis of Deloitte’s Soccer Money League FT shows that in the top 15 teams in Europe, English clubs have almost earned more money than their contract rivals in the last 16 seasons. And the dominance of the Premier League is growing. English clubs have surpassed the earnings of their European opponents over the past six seasons, fueled by international demand and billions of pounds in radio fees.
“English clubs, especially those with good owners who want to make their money right now have the opportunity to surpass other European clubs,” said Kieran Maguire, an economics lecturer and accountant at the University of Liverpool. “The Premier League alliance strongly encourages other Uefa countries competing in Europe.”
When the plague wiped out about € 8.1bn about the finances of the top clubs in Europe in the last two days, which has reduced many in the stock market, City and Chelsea have not been arrested.
Chelsea spent more than $ 220m this season to support their club, according to a report on Transfermarkt.com, about the same amount as Barcelona and Juventus – which ranks third and fourth in the transfer window.
Manchester City bought £ 150million for new players, including € 68m for Portuguese side Rúben Dias Benfica and € 23m for first-team Ferran Torres who won four trophies in the Champions League.
Chelsea were the only club to spend more than $ 100 million on players sold while City were embarrassed at $ 97m, an analysis found. In contrast, Germany’s Borussia Mönchengladbach, who also played in this season’s Champions League, spent just £ 10 million on new non-league games – almost six times more than the North England club.
But signing up for less is not the only reason to play on the field. Investing in coaching courses has helped Chelsea and City to have fewer players compared to higher than most players. Phil Foden, 20, a high school graduate, has played in all 12 games so far, scoring three goals, and is worth $ 72m, according to Transfermarkt. Chelsea’s Mason Mount, just two years old, has scored twice in 10 games and is valued at $ 67.5m.
Together, the best-known young players affected the club’s performance and kept the teams afloat. By the age of 27, City and Chelsea are smaller than Real Madrid, PSG and Juventus of Italy. Although, in the top 10 European clubs and finances, Barcelona had a very middle age – 24 years for its first team.
Champions League finalists are also top-ranked in the mid-range market with an average bid price of around $ 30m per player. In contrast, PSG, where Kylian Mbappé’s $ 144m stakes have less than half the players – less than the English club that played in this year’s tournament.
On paper, City is the most powerful team. Uefa is in the third division of Manchester and Chelsea at 12th in Europe. At home, City have also taken Premier League history from Liverpool and retained the League Cup. Chelsea lost the FA Cup final, another home cup, and finished fourth in the league.
Chelsea’s results began when the London club hired Thomas Tuchel, the former PSG manager who lost in 2020 against Bayern Munich of Germany to replace Frank Lampard in January, when the club struggled in ninth place. Tuchel’s job is to prevent City boss Pep Guardiola from becoming the fourth manager to win the Champions League three times.
Recent evidence suggests that Chelsea could be angry, having beaten City twice in a domestic game in the last two months.
“We know that in the end anything can happen. Opportunity is a big part of how they work – who can deal with the small and the small, ”he said. Tuchel said this week. “Man City is the same, they are also professionals and we are the guys we want to hunt for and I want to close the gap.”
Additional reports of Chris Campbell
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