Football risks killing the golden goose, warns Aston Villa’s Christian Purslow

A “stamp duty” on deals between top-flight clubs or signings from overseas has been proposed

Pa Sport Staff
Thursday 25 November 2021 16:12
Aston Villa chief executive Christian Purslow is not in favour of a transfer levy on Premier League clubs (Mike Egerton/PA)
Aston Villa chief executive Christian Purslow is not in favour of a transfer levy on Premier League clubs (Mike Egerton/PA)

Imposing a transfer levy on Premier League clubs to further support the football pyramid risks “killing the golden goose”, according to Aston Villa chief executive Christian Purslow

The fan-led review of football governance, among other recommendations, proposed a “stamp duty” of up to 10 per cent on deals between top-flight clubs or signings from overseas to help safeguard the financial stability of the lower divisions.

The Premier League broadly welcomed the review and will examine all the proposals moving forward – but also issued a warning over any wide-sweeping reforms which ultimately damage the game’s standing.

And Purslow said top-flight clubs should not simply be viewed as an easy target with unlimited financial muscle.

“It will be difficult to do much more as the Premier League has already committed to government that in the next three years £1.6billion will, to use your verb, cascade down through the rest of football. It was ever thus,” Purslow told BBC Radio 4’s Today programme.

“The pyramid has always depended on the very top of the game largely funding the ecosystem that is football and that was most obviously seen in the middle of the Covid crisis when the Premier League lent over £250million to the Championship and gifted over £50m to League One and League Two.

“The Premier League has always really been the source of funding for the rest of football and the danger here is of course, as you said, killing the golden goose if we overregulate a highly successful financial and commercial operation.”

The review’s central recommendation on the creation of an independent regulator for football via an Act of Parliament has been endorsed in principle by the Government, with a substantive response being worked on to be presented next spring.

Arsenal manager Mikel Arteta accepts English football must be ready to face up to such changes when they are implemented.

“We have to read through it (the review) properly, see what we want as a club, where we are going to position ourselves,” the Gunners boss said.

“But there is a movement and as with everything, we will evolve in one direction, hopefully the right one.”

Brighton manager Graham Potter feels some of the recommendations could provide additional financial stability further down the divisions.

Brighton manager Graham Potter recalled a time as as a player when he did not get paid over Christmas (Nick Potts/PA)

“The reality is we are in a market economy. It seems we have gone a little bit too far, anything we can do to improve the game I am all for, to support the game,” he said.

“Most of my (playing) career was in the Football League and I know the struggles that clubs in those divisions can face.

“I remember one Christmas not getting my salary because the club hadn’t managed their finances very well.

“It is down to the clubs to do that, but if there is anything we can do as a collective to make the game better, that is important.

“To regulate the dynamics of football clubs in terms of who owns them and the governance, it might be hard to do, but I haven’t seen enough (of the review) to pass much more of a comment.”

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in