Kieran Maguire: Man City 'exploiting' rival clubs as 'disaster' imminent
The mooted new Premier League-EFL loan system revamp is “exploitative” and will benefit the likes of Man City at the expense of clubs in the lower leagues.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the proposed ‘new deal’ for English football.
The Premier League and EFL are close to signing off on a revamp of the financial distribution model, as reported by The Times on Tuesday (26 July).
The top-flight wants the EFL to commit to nurturing more loan talent under the terms of the agreement.
Parachute payments would also be slashed and replaced with a merit-based payment system, with new spending limits also imposed.
City are one of the most active users of the loan market in English football, with dozens of players spending time away from the club on a temporary basis at any one time.
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This has allowed them to generate enormous income from homegrown player sales and boosted their standing under Financial Fair Play.
Maguire claims that handing them even more power to develop and stockpile young talent could be a “disaster” for less well-off clubs.
“City’s academy is one of the best in the country,” he told Football Insider’s Adam Williams.
“It’s worth noting that the FIFA rule changes reduce the flexibility of the loan system slightly but they only apply to over-21 players.
“We can see the benefits for the Premier League clubs because it does allow young talent to get access to a more competitive style of football early in their careers.
“In Project Big Picture, there was a proposal for some clubs to become B teams. I wouldn’t go quite as far as saying this is B teams by stealth, but it’s not a million miles away.
“We have seen with the Elite Player Performance Plan, which was one of the criteria that clubs needed to guarantee payments under the solidarity plan.
“That was exploitation purely to benefit the Premier League and I think this is similar. It could be a disaster for EFL clubs who want to protect their identity and strategy”