The Importance of Being Earnest

by Satish Sekar © Satish Sekar (December 9th 2014)

Crunch Time

Tonight Greek champions Olympiacos will play one of the most important matches in their history. Their fate is partially in their hands. Only a win against Malmö at their stadium which is named after Greek Independence War hero Giorgios Karaiskakis gives them any chance of progressing to the knock-out stage of the Championʼs League. But they need a favour.

While any win will do, it will count for nothing unless last yearʼs beaten finalists Atlético de Madrid beat Juventus. The irony of a former Real Madrid great needing a favour from his cross town rivals is surely not lost on Olympiacosʼ coach Michel (José Miguel González Martín del Campo). But the Greeks can only take care of their end, beating the Swedish team and hope that Juve lose.

Christian Karembeu 2

I think everything is always difficult for any team, because we never know about the challenges”, said the World Cup winning French midfielder Christian Karembeu. “We never know about it – the favourites may not play well, so all expectations always with favourites, but we never know about the challenges”.

The Greeks had an interesting draw and will take some confidence from having beaten both favourites for Group A. “I think that for my part with Olympiacos, for us itʼs a great honour to play against Juve, to play against Atlético Madrid who were finalists in the last Championʼs League tournament”, Karembeu said. “So far we are very happy”.

Safety Net

Olympicos know that a win or draw tonight will guarantee third place and barring something unforeseeable a berth in the Europa League. While the financial benefits of that competition are not comparable to the Championʼs League, they are not to be sniffed at, especially in economically ravaged Greece and in the era of Financial Fair Play (FFP).

Olympiacos can always compete on the national stage, but Europe is another matter, especially now. FFP limits their room to manoeuvre. Karembeu is thoughtful on the initiative. “I think that everyone should think about it”ʼ he says. “Everyone should talk about it, discuss it and try to find a really great solution, knowing that itʼs a really good initiative to try to make balance to any of the teams”.

Christian Karembeu 1

But does it achieve that or lock the door shut after teams that have done their spending in advance, or adjusted their revenue-making options to fit the new fiscal requirements? Karembeu is aware of the pitfalls, but broadly speaking he supports the initiative. “I know”, he says, “thatʼs why I say everybody should discuss [it], everybody: owners, investors and UEFA. They should work together and discuss why this matters”.

While it lacks the prestige and resources of the Championʼs League, the Europa League can expect to be taken seriously this season, even in England. The winner of the competition will play in the Championʼs League next season. Will that make it more competitive? Karembeu adopts a wait and see perspective. “We will see”, he says. “Now itʼs an idea. We will see if itʼs going to be competitive or not and thatʼs when we will see. This is like how you say like a reason. We will see what will happen”.

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