by Snowflake Royal »
11 Jul 2020 11:05
Football is pretty much the example that free market economics doesn't work, it just leads to everyone chasing success by overspending and then getting in financial problems.
There's nothing wrong with a model of success leading to growth leading to increased revenue leading to success. That's sustainable. More varied teams won the league when that was the model. Since the PL and money going crazy it's been much more limited.
There are examples of teams challenging without breaking the bank, and over the years some of our better players have been our cheaper ones whilst some of the worst have been the more expensive.
Just look at Pog, Drenthe, Mannone, Moore, Vydra, Guthrie, Aluko, Bridge, Gunter
Vs
Meite, Olise, Morrison, Rinomhota, Richards, Yiadom, Hector, Obita
Do you really think that Baldock is 10 times better than Olise? Or Swift 3 times better than Rino?
And the benefit of using players who slash the wage budget is that if they succeed we make a massive profit on them, and if we fail and go down we're in far less financial difficulty and more able to recover. Whilst if we go down with a wage bill at 100%+ of Championship income we are in big trouble in L1 (stone cold oxf*rd at the current 200%+) unless we bounce back very quickly. And how are we going to do that with overpaid wasters on a downward curve.