Cape Times

Germany needs foreign investors

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BERLIN: The Bundesliga won’t be able to get over its economic disadvanta­ges in comparison to the English Premier League, says RB Leipzig sports director Ralf Rangnick.

The 59-year-old said he doesn’t see any reason why things should change in the near future.

“Rumours speak about a further rise when it comes to the Premier League’s TV contract from 2019 onwards. Considerin­g that a league newcomer such as Huddersfie­ld in England is already at the same level as the national champion Bayern Munich in Germany, one can imagine the effect on the two leagues’ progress,” Rangnick said.

The former TSG Hoffenheim manager mentioned the Premier League’s growing attractive­ness when it comes to top class managers from abroad.

“Three years ago no famous foreign coaches were working in the Premier League besides Jose Mourinho and Arsene Wenger. Now the first six teams rely on excellent coaching quality from abroad,” Rangnick said. “Not only is the significan­tly higher salary attracting internatio­nal top class players, but also a growing number of first class managers.”

Rangnick also said he regards Bayern Munich as the only German side that can compete on an equal footing with clubs in the Premier League. He mentioned that Germany’s second richest club Borussia Dortmund is continuous­ly losing top players and is suffering the most among all German clubs. To be able to close the gap Rangnick suggested either higher TV income for German clubs or the need to soften up the strict “50 + 1” rule not allowing outside investors to gain the majority of shares of any individual club in the Bundesliga.

“If we accept the current status, the gap will even get wider,” Rangnick said. He added that he is expecting an adverse effect on Germany’s performanc­es when it comes to internatio­nal competitio­ns. The result would be that German clubs can’t keep their stars, and only Bayern Munich is strong enough to face an internatio­nal challenger.

Bayern CEO Karl-Heinz Rummenigge demanded significan­t effort by German clubs to secure the country’s position in internatio­nal football. Otherwise, the Bundesliga is in danger of losing two of its four starting places for the Champions League, the Bavarian official said.

Rummenigge reminded Germany’s clubs of the “common interest” of German football.

“If we go on as we did in the last month it will be hard to make ends meet and be successful in the future,” Rummenigge commented. – Xinhau

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