Portsmouth's exclusion from the Europa is a blessing in disguise, although the current managers of club might want to infer otherwise. Combining the fierce battle of the Championship with a European competition is the most potent recipe for disaster, particularly when there are no guarantees that they can keep any of their good players, who are already being offloaded. This drive for a European place could only have attractive and probably proffered by those behind the financial excesses that have brought a decent club to the brink of bankruptcy. It is still to be seen whether they wont go the way of Leeds United.
The FA and the Premier league has taken a decision that suit them perfectly because letting the team that ends up in 7th place to represent England in the Europa cup, creates adequate room for both Liverpool and Everton to jostle for these places. But the mess at Portsmouth highlights the recklessness that underlie club finances in modern football with greedy penchant for buying and selling costly players at will. These huge salaries and bonuses are hardly redeemed by the players' performance on the pitch. Sadly these practices are often done with borrowed money laced with high interest rates that benefits those whose primary interest is remote from the beautiful game.
It is true that the bigger teams appear to be immune at the moment, but in the coming months and years it is almost a physiological certainty that more of the big clubs are bound to be exposed to the damaging effects of unchecked expenses. We are entering a period where the survival of clubs is no longer based on tradition or value but on the whims and caprices of the money men.
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