‘Money’: Bayern’s Kompany laments Premier League spending power
TDT | Manama
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Bayern manager Vincent Kompany yesterday lamented the spending power of Premier League clubs, as reports emerged of one-time Munich target Nick Woltemade signing with Newcastle.
Speaking at a press conference in Munich yesterday, the Bayern boss, who won four league titles with Manchester City and won promotion to the English top flight with Burnley, was asked to explain the Premier League’s appeal.
“Money,” Kompany said smiling, before comparing the financial power of promoted clubs in England to some of the continent’s best.
“When we got promoted with Burnley, the TV rights came in and it was 100 million pounds (115 million euros, $134 million) -- for a promoted team.
“With Burnley, we were competing on the market with Frankfurt for players and with Wolfsburg. When Sunderland are buying players, they’re buying them from Leverkusen.”
One of the few clubs who can compete with the Premier League’s big guns, Bayern missed out on their main target this summer when Florian Wirtz moved to English champions Liverpool for a fee of 125 million euros (145 million dollars) plus bonuses.
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