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Bayer Leverkusen CEO issues stark Premier League warning over Newcastle takeover

Bayer Leverkusen CEO issues stark Premier League warning over Newcastle takeover

Premier League spending tops other leagues

Despite the coronavirus pandemic, Premier League clubs continued to spend in the summer transfer window. 14 of the top 20 transfers this summer were completed by Premier League clubs, with Arsenal, Manchester City, Manchester United and Chelsea all spending in excess of 100 million pounds (stats taken from transfermarkt)

Leverkusen CEO pimpoints the problem

Leverkusen have amassed 142 million pounds in sales in recent seasons, including the high-profile departures of Kai Havertz and Leon Bailey to Chelsea and Aston Villa respectively. However, the power has never more been with the Premier League sides, and not just the top 6.

Speaking to The Guardian, Bayer Leverkusen’s CEO Fernando Carro revealed that they were outbid by a newly promoted side were able to offer more lucrative terms to both club and player this summer when locked in a transfer battle with Leverkusen.

The CEO claimed:

“We tried to buy a player in the summer and in the end a promoted side from the Premier League was able to pay more money and a higher salary than us, a top four side in Germany. The Premier League has so much more money and resources than any other country. This is not good for us. Definitely not.”

He also warned that the Bundesliga risks becoming a satellite league for the English top flight, saying:

“At the end of the day you can make money from transfers. English clubs pay the transfers, we get the money, but then that just means the entire Bundesliga is like a development league for the Premier League.

“Even Borussia Dortmund have to sell players to the Premier League. The only club that can compete at the moment from the Bundesliga is Bayern Munich.”

With the 50+1 rule in place in Germany, there is no way for takeovers such as those just completed for Newcastle United to occur in the Bundesliga, which obviously brings both pros and cons. In the transfer market, however, and for the general attractiveness of the league to a global audience, it represents a massive con.

Is there any way for the tide to be turned?

Read more:

Dean Smith provides injury update on key pair ahead of Aston Villa’s clash with Arsenal

How many games Liverpool’s Mohamed Salah and Sadio Mane are set to miss due to AFCON

Aminat Aigbe

Aminat Aigbe is the first lady of afronaija and a very good blogger ( Original Mrs AfroNaija )

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