>> ASIAONE / NEWS / THE NEW PAPER / STORY
Transfer money-go-round
Iain Macintosh
Thu, Jul 09, 2009
The New Paper

WAS FOOTBALL just waiting for me to go on holiday before it got interesting?

I left for the sun-bleached Spanish countryside on the morning after the Confederations Cup final and, no sooner had my budget airliner wobbled onto Alicante's dusty runway than the transfer market exploded.

Every trip to the international newsstand brought a new helping of insanity from home, another golden nugget of absolute madness.

I'm starting to fall in love with Garry Cook, the chief executive of Manchester City. He might just be the most entertaining man in football.

I love the way that he has two plans of action for any crisis. Step one, throw money at it. If that doesn't work, advance to step two and throw even more money at it.

He doesn't seem to realise that the football agent community are attuned to this kind of behaviour.

How else could you explain Samuel Eto'o's reported demands for 50 per cent of the £25 million ($59m) transfer fee as a golden handshake? Or the £200,000-a-week wage request?

They know that they can ask him for absolutely anything. and there's a chance he'll say yes.

Eto'o and his handler must have been giggling themselves silly on the other end of the phone during those negotiations. 'Go on! Go on! Ask him! Ask him for the signing-on fee!'

But if the Eto'o talks have been bizarre, the John Terry saga is so far out of left-field that it's in a different ballpark on the other side of town.

If the rumours are true, Cook is apparently offering £300,000 a week to the England captain. Just read that again. £300,000. Every seven days.

Disastrous

This deal is a unique double-whammy. Not only would it be disastrous for City to hurl that kind of cash at one player, setting a precedent for astronomical wages and utterly destroying dressing-room morale in the process, but it would seriously damage Terry as well.

He is the kingpin at Stamford Bridge, worshipped by the fans and untouchable in the dressing room. Why jeopardise that for a team that isn't even in Europe?

More worryingly, there is a chance that he might be found out. Indomitable in the air, he is not the most mobile of centre-backs.

Just imagine what a couple of early mistakes would do to the mood of the City fans. £300,000 can pay for a lot, but it won't buy patience.

But while one side of Manchester was offering a free lesson in bad business, the other was showing the world how to do it properly.

Sir Alex Ferguson's decision to snap up Michael Owen on one-sixth of those reported Terry wages was a stroke of genius.

At £50,000 per week, he's significantly cheaper than any other proven international striker on offer and, with such a phenomenal goalscoring rate, you'd have to assume that he's still got between 15 and 20 goals a season in him, especially in a team like United.

Even if the first whistle of the season sends out a shockwave that shatters Owen's kneecaps, it will be no disaster. There has been no transfer fee and his contract has been weighted by performance-related bonuses.

It's a no-lose deal, but if it comes off, imagine how furious the Liverpool fans will be with Rafa Benitez. Now there's a hidden bonus for Fergie.

So much for getting away from it all then. Even with six weeks to go before the start of the season, football continues to crash through the best-laid plans of hacks and men.

But when it's this exciting, when it's this brain-bendingly daft, would any of us really have it any other way?

 
 
STORY INDEX
 
  YOG mobilisation needed
   
 
  CRASHING TIME AT CHANGI
   
 
  Lessons from AYG
   
 
  What to do with them?
   
 
  Transfer money-go-round
   
 
  'Prof' sticks to evolution theory
   
 
  Wenger: We are 'anti-Real'
   
 
  Woods-Federer: friends and 'foes'
   
 
  The hunted holds off Hunter
   
 
  Chasing China
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg