The site of the fair is generally a sacred place. Many small fairs are held on various occasions. The special features of the village fairs in India are that they fulfill the needs of the rural people. In almost each fair the cattle market is a necessary feature.
In towns there are permanent markets. Hence, people do not feel the want of anything. They purchase their articles of daily need in the regular market. But in villages many things are not found in the regular markets. Hence they have to depend for those things on the fair. The purchase and sale of cattle are the greatest towns visit the fairs.
In olden days, when there were no good roads connecting villages with towns and cities, these fairs were very useful. Now-a-days, the importance of village fairs has been very much reduced. Now the fair is more a diversion than a necessity. Now-a-days, fairs provide a change from the monotony of everyday life. There were some policemen who were maintaining law and order in the fair. We enjoyed a lot in fair. We experience all rides.
We bought toys and sweets from fair. It was great experience to visit the fair. Get latest essays and stories via Email. Enter your email address. Your email address will not be published. Leave this field empty. These teams would then have to pay a certain percentage of tax on the amount they are over the threshold. This would help create a more balanced competitive environment, encourage spending and not act as a restriction in any form.
This would stand the test of EU Competition Law and would offer all the benefits FFP offers through the break-even rule which helps to improve sustainability, whilst also not acting as a restraint on competition. This regulation operates by taxing teams that spend above a certain tax threshold. While this does not stop teams from signing up all the available top talent, it does put the onus on these teams to lessen gap between the biggest and smallest spenders. This is done by the NBA dividing up these tax payments amongst the smaller spenders who have not exceeded the limit.
This idea has received the backing of the European Union. Back in February , the European Commission asked for a luxury tax system to be implemented, in order to level the playing fields financially. The KEA who published the article on behalf of the EC, argue that although there has been an increase in transfer dealings due to the now famous Bosman Rule, there is nothing in place to stop these increased transfer fees.
They feel that a luxury tax system would be beneficial, where there would be tax paid on transfers over an agreed limit with the proceeds of this tax going to the clubs with smaller resources to help re-establish a level financial playing field' Daskal, I feel this is a more realistic option to FFP as it will not necessarily restrict teams and investors from doing whatever they wish with their finance, but will also help to strike a competitive balance.
I feel financial doping is acceptable if the money is there and can be guaranteed. The alternative that is the break-even rule favours those with the highest revenue streams and will even create more damage to the competitively of the leagues than what this financial doping trend has. The rule will be for any club that overspends and is consequently promoted to the Premiership. The tax to be paid will be calculated against losses suffered due to not spending within their means during the clubs promotion campaign.
These rules have been greatly welcomed by Championship clubs with twenty one out of twenty four voting in favour of immediate implementation of the rule. The faith of this new idea lies in the Premier Leagues hands. QPR who were promoted last year, ran a loss of?? This seems to be a very positive initiative and one which should help reward those who follow the rules and help level the sporting playing field. A luxury tax system will provide both the benefits of competition and sustainability without prioritizing one over the other and for this reason alone, it is clearly a superior option compared to FFP.
The playing field will be levelled with the smaller spending teams receiving this taxed amount to spend as they want, while sustainability of these clubs will remain safe as they can only spend what they have guaranteed in their bank accounts at the start of every year.
These two ideas combined are perfect and would truly suit the needs of European football. It is thought that this would stop the bigger clubs from attracting all the top talent and strengthen the competitively of the leagues.
A cap would also have a sufficient limit that clubs can spend on wages which would have a positive effect on sustainability. However I feel there are reasons why this system would not be optimal. Studies of the salary caps in American sports strike a shocking result.
With regards to the NBA, studies show that the difference in in player wages between the bigger spenders and the smaller spenders has grown. Along with this, the cap has not shown to help level the sporting playing field proved by the fact that there has been no clear decrease in the standard deviation of victory percentages in the league.
Perhaps the punishment for exceeding the limit is not strong enough and if UEFA implemented stricter penalties, the salary cap would work better in European soccer. From the above, it seems that the salary cap is not as effective as one would have thought in providing a financial level playing field and improving competitively. And while it does offer a viable means of providing sustainability, as an agreed amount would be determined that all teams are capable of affording, FFP seems to provide a stronger legislation with regards to sustainability, which will truly limit total spending to what clubs can afford and not just on wages.
While it would seem that both areas fall short in regards to competitively, FFP offers a much strong viable option with regards to protecting the long term future of clubs. While the FFP regulation is currently being challenged as a restriction of competition by Dupont, the salary cap would prove to be an even greater restriction.
The salary cap makes FFP look like a lot more lenient form of restriction on competition. Setting the salary cap in relation to all European leagues would prove very difficult. A cap figure to promote competiveness in England would have minimal impact on competiveness in smaller leagues like Ireland. However this would leave a damaging effect on the current national leagues. It seems like the salary cap idea is one only suited to US sport and does not offer a better alternative to FFP.
The salary cap idea would prove to be extremely restrictive and would definitely fail all EU Competition Law challenges. Conclusion While FFP has created some friction amongst many, it has proven successful in its primary aim of preserving the sustainability of football clubs. The break-even rule has proven to be a marvellous inception with regards to sustainability and one that should have been introduced years ago.
The simple thinking behind it of teams not being allowed spend more than they earn is extremely logical and one that should prevent a future Leeds United situation. And while I do agree that FFP is one of the strongest options available to UEFA to counteract club bankruptcies, it has come at a serious cost to the sport. There is no scope for lower teams like Everton to topple the bigger teams like Manchester United in the long term. The break-even rule states that all teams are only allowed spend what they earn through football operations.
This allows Manchester United to secure more talented players than Everton which will result in a loss of competitively in the league.
Clubs in Spain competing against Real Madrid and Barcelona receive only one fourteenth of the television revenue that the big two receive. How are these teams meant to overcome such insurmountable odds on a consistent basis? Jean-Louis Dupont has suggested that all investors should be made guarantee any money that they want to spend for their clubs at the start of every season.
He further suggests that a luxury tax system would prove more beneficial than the current FFP regulations. This is something I find myself in full agreement with. This would encourage spending while also helping maintain a level playing field if UEFA were to redistribute the taxes to teams that abide by the rules like in the NBA.
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Village fairs are very common in India. In almost all parts of the country fairs are held and thousands of people visit these fairs. They are held generally on the occasion of some religious festivals. A visit to a fair essay for Class 1 to 5 for School kids and senior students,,, words, for Class 1,2,3,4,5,6,7,8,9,10,11 and