Meaning of financial doping | Babel Free

Definitions

1. The situation in which the owner of a sports club or franchise invests his or her own personal wealth into securing highly talented players to better their chances of success, rather than relying on the revenue the franchise is able to generate for itself.
   uncountable
2. The situation in which the owner of a sports club or franchise borrows heavily in order to contract and pay its personnel, thereby jeopardising its long-term financial future.
   uncountable

Examples

“"Wenger, who famously coined the phrase "financial doping" to refer⟳ to Chelsea’s previous bout of spending, said the £50million purchase⟳ of Fernando Torres and the £25million signing of David Luiz were highly significant."”

“"Our report⟳ includes tough measures to improve⟳ the way the game is run⟳ and to combat 'financial doping' whereby short-term success can be bought at the expense of long-term financial stability."”

CEFR level