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Uefa finally aim to close mammoth wealth gap

Too much money!
By Chris, June 23 2008
Uefa have finally seen sense and are faced with the thankless task of asking Europe’s top clubs to take a ‘pay cut’ on revenue earned from the Champions League. The Premier League's big four netted a combined £102million in television, prize and sponsorship money last season and Uefa are growing increasingly concerned that a wealth gap is emerging.
The current system is in place until 2012 - but Uefa are confident that, in the long-term, a new deal can be reached that will stop the alarming wealth gap that is developing.

William Galliard, communications officer for Uefa, said: "We are well aware there are some imbalances in the revenue distribution which have a negative effect in national leagues by widening the gap between the rich and not so rich.

"We will talk to the clubs and see how they feel, and try to convince them that in the longer run it is not in their interest if, because of the way money is distributed, national leagues become too imbalanced.

"This is something we have to bring to the strategy council and find a consensus, but we will have a very wide consultation policy."

Manchester United picked up £33.9million from the Champions League - and that doesn't include gate receipts. Of course, such a boost of income is fantastic for the football club but, on a broader scale, the current system is grossly unfair on clubs not participating in Europe's top competition.

United, Chelsea, Arsenal and Liverpool all represented England in the Champions League last season - and, once again, occupied the league's top four spots. The mammoth advantage of wealth that these clubs generate means that the 'Big Four' are very, very difficult to dislodge.

Of course, success should be rewarded. But success is being rewarded so much that the rich clubs are becoming richer and richer - stifling the growth of the country's other outfits.

Fans of the 'Big Four' are often accused of not considering other clubs. Frankly, such statements are absurd. I, and thousands of other United fans, feel there is far too much sponsorship money on offer for Europe's elite and that is stopping England having the competitive league competition that it deserves.

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