And yet, and yet, as the old song goes, regulating the cash has a point: the show. PSG have won 9 of the last 11 French titles. In their day, Lyon won 7 in a row. Same story in Germany or Spain. Slightly less dire in Italy or England. But overall: the show is pretty thin.
Not so in the major American leagues over the last 10 seasons:
In short: there’s real competition. Why? The rules are strict and designed for the show. Nobody can accuse the United States of being anti-free-market or anti-capitalist. But the salary cap, the trades and even playing time have been designed to keep things interesting day in, day out.
The model is surely not without its flaws: but for once, it manages to combine money with the common good. At the price, though, of players who are no longer masters of their own fate.
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