DT Fine Art

  • Archives
  • Categories
  • Archive for May 6th, 2012

    Sam Wallace: Spending big was the only way for Manchester City to gatecrash …

    Sunday, May 6th, 2012

    It would be nice to say that City had fought their way to the
    top of the Premier League with a team of young players moulded by
    the club, mixed with astute signings and a manager who had cut his
    teeth in the lower divisions. Like Brian Cloughs Derby County who
    were champions in 1972 in a decade when six different clubs won the
    league championship.

    But the truth is that City team would not have been permitted to
    survive. As soon as they came within touching distance of the
    elite, the best players would have been picked off by bigger,
    richer clubs. The manager would have been lured away with promises
    of more money and better players. They would have lit up the league
    for a while and then, like the proverbial Mario Balotelli firework,
    fallen quickly.

    The City that play United tonight are robust. The wages they pay
    mean that they are insured against losing players to the
    establishment teams, and there are none more established than
    United. Their Abu Dhabi owners have spent roughly £800m to get them
    there. These days, buying the players is no longer a guarantee of
    long-term success, you have to buttress your squad against the
    predators too.

    Woody Allen once famously compared a relationship to a shark:
    It has to move forward or it dies. In the Premier League, the
    stakes are higher. Moving forward is not enough, as the likes of
    Tottenham Hotspur and Aston Villa have found out. The quicker and
    the further you move forward, the more chance you have of being
    eaten. The only alternative is to develop a bloody sharp set of
    teeth and eat someone else first.

    It will be interesting to see what fate befalls Newcastle United
    in the next 12 months, having become the latest club to challenge
    the elite for a Champions League place. Tottenham did so in the
    past and after their two fifth-place finishes in 2006 and 2007 they
    eventually lost Michael Carrick and Dimitar Berbatov. Their second
    wave of success under Harry Redknapp means they will probably lose
    Luka Modric and Gareth Bale to bigger, richer clubs.

    Would it be better for City to be playing United as
    almost-equals for the league title tonight without the help of a
    Middle East dynasty? Of course. Just as Chelsea would rather have
    had the success of the last nine years without the approximate £1bn
    that Roman Abramovich has invested. At both clubs the question of
    money is a sensitive subject, especially for the fans who know it
    will be forever used against them.

    We would all like our clubs to succeed with a team made up of
    academy lads and a break-even budget. But City or Chelsea would
    never have caught the elite that way. They would have been picked
    off before they even reached the door. Chelsea qualified for the
    Champions League in the 2002-2003 season but they did so having
    gone to the brink of their resources. Their only signing that
    season was Enrique de Lucas. By the time City hit paydirt in 2008,
    it had become even harder to break into the top four.

    In the modern order of European football, most leagues have
    their elites. Spanish footballs hegemony is as entrenched as the
    one in Scotland. In Italy, Juventus have risen to the top again
    despite the Calciopoli scandal and their demotion to Serie B. Ajax
    lead in the Netherlands. In Portugal, Porto have dominated for the
    best part of the last 10 years. Turkeys big two are well clear of
    the rest again.

    France and Germany have become more open in the last two seasons
    but Lyon won seven straight titles in the previous decade. Bayern
    Munich have won 10 out of the last 20 titles. This is not to say
    that they, as with the likes of Barcelona, United and Porto, do not
    have shrewd people in charge who make good decisions. But Champions
    League participation has become a self-perpetuating way of
    reinforcing the advantage.

    Chelsea have already made £45m from the competition this year,
    with a further £2.8m if they win the final. That does not include
    the matchday revenue from their six home games. City have earned
    £21.3m from their first year in the Champions League – a drop in
    the ocean for them until you consider that last seasons Europa
    League campaign was worth a relatively paltry £4.5m.

    The Champions League is the only show in town. The billionaires
    who have pumped money into City and Chelsea know that. They want to
    get into it and stay there so they can stop spending so much. Both
    clubs have invested heavily in academies, and academy players.
    Abramovich even now supports Uefas financial fair play, according
    to Michel Platini, the Uefa president.

    Your revenue stream is not going to come unless you get into
    the top four, Citys former chief executive Garry Cook said in
    July 2009. That means bringing in players to get you there and
    spending above the odds on wages before the revenues start flowing.
    Youve got to invest in one before you get to another. Any business
    does that.

    Brutal, isnt it? But that plan has ultimately led to the
    significance of tonights game, one of the most exciting potential
    winner-takes-all finales to the season in 20 years. Some people
    will always regard City as the crass over-spenders. They may well
    have to survive without the affection of the neutrals, even against
    United. But they had to do it this way. Otherwise they would never
    have made it at all.

    If Liverpool show is open it will be worth the
    watch

    Last week, a fellow reporter challenged his Twitter followers to
    come up with a title for the Liverpool fly-on-the-wall
    documentary/movie to be made by Fox Soccer Channel. There were some
    beauties. Youll Never Talk Alone was the best I saw. I Cant
    Believe What You Did Last Summer and Con Ayre got pretty close
    too.

    Graham Taylor once told me that he participated in his famous
    Do I not like that documentary in 1993 because he wanted the
    public to see the England job – dealing with the players, the
    press, the fans – as it really was, and he was prepared to take the
    consequences. I have always admired him for that.

    That seems to be the lesson: if the Liverpool programme has
    no-holds-barred access and no limits over its final cut then it
    should tell the truth about the club. Which is admirable, even if
    it is invariably never easy for those involved.

    Guardiola may regret walking out on Barça

    When Pep Guardiola finally announced his resignation on Friday,
    I was reminded of Sir Alex Fergusons words after last Mays
    Champions League final. The Manchester United manager was told then
    that Guardiola might walk away from Barcelona. Ferguson responded
    by saying that if Guardiola did, he would never touch such heights
    again as a manager.

    Every man is different, and no one could doubt Guardiolas
    contribution to Barcelonas history. But sometimes it is just about
    gritting your teeth and getting through it – I cant go on, Ill
    go on, as Samuel Beckett wrote. Ferguson should know.

    Finance ministry rejects Subramanian Swamy’s allegations against P. Chidambaram

    Sunday, May 6th, 2012

    The finance ministry on Saturday officially rejected Janata Party chief Subramanian Swamys allegations against home minister P. Chidambaram in the Aircel-Maxis equity issue saying they were totally baseless.

    In a written clarification, the finance ministry said that after perusing records of Foreign Investment Promotion Board (FIPB), it will be clear there was no delay whatsoever in approving the proposal of Global Communication Services Holdings Ltd, Mauritius (a wholly owned subsidiary of M/s Maxis Communications Berhad) to acquire 73.99 per cent equity in Aircel Ltd.

    Swamy had alleged two days ago that the then finance minister P. Chidambaram had delayed the permission for sale of Aircel to Malaysia-based Maxis in 2006. Its unfortunate that baseless allegations should be made without verifying the facts, according to the statement.