Football's Magic Money Tree

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Chester Perry
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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 1:11 pm

Meanwhile the winding up orders against Football League clubs just keep clogging up the courts system - this week it was the turn of Birmingham City and Oldham (both spared for now) next week it is Bury (remember them) and Macclesfield

https://twitter.com/KieranMaguire/statu ... 3535083527

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 1:32 pm

With all the recent media attention being on Florentino Perez plans with FIFA and CVC partners the European Clubs Association and Gianni Agnelli are fighting back into the media spotlight, with leaks of their latest proposals for a revamped Champions League - they are not really helping themselves it seems

https://www.dailymail.co.uk/sport/footb ... eague.html

A critique and the detail of the proposal is here

https://www.dailymail.co.uk/sport/footb ... plans.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 6:31 pm

A Brussels court has thrown out an appeal against FIFA's rules against 3rd party ownership - this is good news

https://www.fifa.com/about-fifa/who-we- ... -tpi-rules

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 6:51 pm

The gap in tv earnings between top and bottom in la liga from its distribution narrowed slightly between top and bottom last season - but the difference to the Premier League remains stark with Top earning more than Liverpool did while bottom earned substantially less than half of that of Huddersfield

https://www.sportbusiness.com/news/gap- ... -revenues/

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 9:28 pm

Sir Alex Fergusson questions why English clubs would want to join a global Super League

https://www.bbc.co.uk/sport/football/50788473

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Dec 13, 2019 9:46 pm

Chester Perry wrote:
Fri Dec 13, 2019 12:58 pm
Rotherham show what good fiscal management can be done in the Championship (and the inevitable pitfall for a club of their size - relegation) in their 2018/19 financial results

https://twitter.com/KieranMaguire/statu ... 4373121026
More than decent off-the-pitch financial effort by Rotherham. Similar in many ways to ourselves and the likes of Millwall, but they now have an Income at one-tenth of ours (£13.9m) and an average Wage again one-tenth of ours £3,673 per week). The population of Rotherham is pretty much three times that of Burnley at 265,000.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 10:03 pm

Football Today podcast looks at Stadium sales - particularly in the Championship

https://www.footballtodaypodcast.com/po ... ir-stadium

there are a lot of other interesting topics on there too - there is a new podcast most days
Last edited by Chester Perry on Fri Dec 13, 2019 10:27 pm, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 10:27 pm

This article from @TariqPanja in the New York Times gives some explanation for the CVC Capital/FIFA/Global Super League stories - essentially Gianni Infantino is (as always) looking for new ways for FIFA to rake in the money, he has no qualms about selling the soul of the game

In Offer to Investors, FIFA Angles for Bigger Role in Club Soccer
A document seeking financing and partners for a new Club World Cup suggests FIFA may have designs on controlling a larger share of soccer’s riches.

By Tariq Panja - Published Dec. 12, 2019 - Updated Dec. 13, 2019, 1:07 a.m. ET

Make us an offer we can’t refuse.

That is FIFA’s message in a document sent to investors, commercial partners and media companies interested in teaming with soccer’s world governing body on a new World Cup for clubs that starts in China in 2021.

The document, reviewed by The New York Times, offers potential partners the chance to propose their own vision for soccer, but it also offer clues that suggest FIFA’s ambition is not merely to stage an expanded club championship every four years, but to become the global leader in club soccer.

That kind of power shift would be significant, carrying with it huge implications for current competitions like the Champions League, but also for the influence of the continental governing bodies that have long managed the club game.

FIFA’s tender offer says its objective is to find partners to create “the world’s greatest club football experience,” and it has told interested parties that they may suggest visions for future club tournaments that differ from the quadrennial club championship approved by FIFA’s executive board earlier this year and awarded to China in October.

Offers “may include suggestions for alternative tournament parameters, including as to frequency, format, qualification process and team participation,” FIFA said. Curiously, though, potential investors have been given only 11 business days to come up with a proposal to perhaps remake the model soccer has operated under for, in some cases, more than a century.

European soccer’s governing body, UEFA, which organizes and profits from soccer’s richest club competition, the Champions League, reluctantly agreed to FIFA’s plans for an expanded Club World Cup after months of acrimony between its president, Aleksander Ceferin, and FIFA’s, Gianni Infantino.

Any more substantial changes to the structure of club soccer are likely to be bitterly opposed by UEFA, which makes the bulk of its revenue — as much as $1 billion a year — from the Champions League.

Just last week, Ceferin reacted furiously after The Times reported that Infantino had met with Florentino Pérez, the president of Real Madrid, and discussed the details of a plan in which Europe’s richest clubs would break off from UEFA to form their own independent competition. Such a move would see powerhouse clubs like Madrid, Manchester United, Juventus and others abandon their domestic competitions.

Pérez, who as Real Madrid’s president became a founding member of a new global association for international clubs when it was created last month at FIFA’s headquarters in Zurich, has floated similar breakaways in the past. But with Infantino’s backing — which remains uncertain — his dream of a league in which powerful clubs write the rules and control the revenues could come closer to reality than ever before.

Pérez and Infantino declined to describe details of their discussions about the future of club soccer, but Ceferin rejected as “insane” any plan in which big clubs would leave their leagues and national associations.

“It would be hard to think of a more selfish and egotistical scheme,” he said.

Until Infantino’s arrival in 2016, FIFA had largely stayed in its lane when it came to club soccer, content with organizing and monetizing the World Cup, the multibillion-dollar tournament featuring national teams which is responsible for more than 90 percent of FIFA’s revenue. Since becoming FIFA president, however, he has pushed harder and faster than any of his predecessors for world soccer’s governing body to get a slice of the riches available in the club game.

Last year, he was forced to abandon a plan to close a $25 billion agreement with a group led by the Japanese conglomerate SoftBank for two new events, including an expanded World Cup for clubs, after opposition from members of FIFA’s board, led by Ceferin, and representative bodies for leagues and clubs.

That setback led FIFA to change its approach. It first sought approval for the quadrennial club world championship, and scrapped an idea for a national team league, before saying it would go to market with the event. But for the past months, it has held talks with CVC Capital Partners, the former majority owner of the Formula One racing series. CVC, one of the world’s largest private-equity firms, also has significant investments in sports like rugby and motorcycle racing.

The Financial Times reported last week that the company has spoken with both FIFA and Real Madrid, and is interested in being a partner with FIFA for competitions and events beyond a single four-year tournament. A spokesman for CVC declined to comment.

Other companies have also expressed interest in the project, including Infront Sports & Media, a sports marketing company owned by the Dalian Wanda Group, one of FIFA’s main sponsors. Officials there, and at least two other businesses interested in the tournament, expressed surprise that FIFA had not held preliminary discussions with them ahead of issuing its request for offers, but also at the short window to create a plan in time for the Dec. 19 deadline.

FIFA did not respond to an email for comment on the tender offer, or on its plans for a bigger role in club soccer.

Infantino has been open about his vision for club soccer to grow outside of its European stronghold. Earlier this month, he pushed the idea of investing hundreds of millions of dollars in a new Pan-African league, as a means to increase quality on the continent and slow the global talent drain to Europe. The FIFA president has also had talks with national associations in Asia about the possibility of creating regional or subregional leagues there, and conversations with President Trump about the quality of soccer in the top United States league, Major League Soccer.

“One of the FIFA president’s duties is to listen to stakeholders’ perspectives about relevant topics for football,” FIFA said in a statement last week in response to questions about Infantino’s discussions with Pérez and others about changes to the club game. “FIFA believes that an open and constructive dialogue between different members of the football community is essential to find the right balance and the best solutions for the future of the game.”

FIFA’s 2021 club world championship will feature 25 teams, with a playoff match reducing the field to 24 teams placed into eight groups of three teams. In the current format for the tournament, group winners would move into a knockout round that culminates in a final. Europe (eight) and South America (six) will provide the bulk of the teams for the event under a plan outlined by FIFA, which said the event would take place over 15 match days.

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Re: Football's Magic Money Tree

Post by Chester Perry » Fri Dec 13, 2019 10:33 pm

I have posted a number of times in this thread about football regularly ignoring the opportunity to take a moral stance against authorities/sponsors - here @MiguelDelaney asks what would happen if Liverpool were to boycott the Club World Cup in Qatar - Liverpool it has to be said have done more on this subject and with this tournament then any club I can think of.

https://www.independent.co.uk/sport/foo ... 45051.html

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Re: Football's Magic Money Tree

Post by Royboyclaret » Fri Dec 13, 2019 10:57 pm

Chester Perry wrote:
Fri Dec 13, 2019 6:51 pm
The gap in tv earnings between top and bottom in la liga from its distribution narrowed slightly between top and bottom last season - but the difference to the Premier League remains stark with Top earning more than Liverpool did while bottom earned substantially less than half of that of Huddersfield

https://www.sportbusiness.com/news/gap- ... -revenues/
So Real Madrid earned 155.3m euros in media rights revenue last season (£129.5m). That would compare to the last Burnley figure reported to Jun'18 of £119.7m. Remarkable that we're even speaking in the same financial breath as the Spanish giants.

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Dec 15, 2019 11:13 am

more perils of international sponsorship and media rights - Chinese State tv pulls the Arsenal match after Ozils comments about the Uighur Muslims that are being treated abominably in China - Arsenal were far to quick also to say they were a personal view of the player and not of the club - shocking yet unsurprising

https://www.bbc.co.uk/sport/football/50799009

Arsenal's retreat

https://www.bbc.co.uk/sport/football/50795173

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Dec 15, 2019 11:18 am

Following the election the Premier League have just 2 transfer windows left to hoover up the best kids under18 in Europe

https://www.telegraph.co.uk/football/20 ... g-europes/

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Dec 15, 2019 11:42 am

Interesting piece from @Jonawils about Arsenal possibly falling away from the big six

https://www.theguardian.com/football/bl ... are_btn_tw

Leicester and Wolves are priming for their opportunity

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Dec 15, 2019 1:03 pm

If anybody with a subscription could transpose Adam Crafton's piece in the Athletic yesterday about the future of the game I would be very interested to read it - themes appear to overlap a number that have appeared on this thread previously

it's this one https://twitter.com/AdamCrafton_/status ... 0665418753

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Dec 15, 2019 7:15 pm

LAWinSport.com with a new piece on what Brexit means for the Premier League and it's players

https://www.lawinsport.com/topics/item/ ... ts-players

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Re: Football's Magic Money Tree

Post by Chester Perry » Sun Dec 15, 2019 9:38 pm

An article on why we should not be raising our hopes for incomings in the January transfer window - both on cost and performance

https://www.21stclub.com/2019/12/13/jan ... ink-again/

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Dec 16, 2019 12:36 am

Chinese state tv pulling the Arsenal match has got the Premier League money men nervous - I have been posting about the perils of such relationships for quite some time now - things are only going to get more mired in controversy

https://www.dailymail.co.uk/sport/footb ... erage.html

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Re: Football's Magic Money Tree

Post by claptrappers_union » Mon Dec 16, 2019 1:56 am

Great thread, this.

I have a feeling I’ll be dipping back into in some years to come when Burnley FC isn’t what we know it as today. I don’t know what form that will be - but I can’t imagine what football be like in just 10 - 20 years time.

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Dec 16, 2019 8:56 am

claptrappers_union wrote:
Mon Dec 16, 2019 1:56 am
Great thread, this.

I have a feeling I’ll be dipping back into in some years to come when Burnley FC isn’t what we know it as today. I don’t know what form that will be - but I can’t imagine what football be like in just 10 - 20 years time.
That will be some going if it is still active then

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Dec 16, 2019 9:05 am

This years Champions league has provided some soul searching and plenty of angst across Europe as for the first time all 16 qualifiers to the knockout stages have come from the big five leagues - the financial advantage of those leagues and of being in regular European competition has made it's indelible impression felt (the odd one out is Atalanta who are in the Champs League for the first time and lost their first 3 group games but, will see their revenues sharply increase as a result of sitting at this elite table).

Here @SwissRamble looks at earnings in this years group stages - they are huge and contribute to the disparity even in those 5 domestic leagues

https://twitter.com/SwissRamble/status/ ... 9599864832

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Re: Football's Magic Money Tree

Post by Chester Perry » Mon Dec 16, 2019 1:09 pm

Chester Perry wrote:
Mon Dec 16, 2019 12:36 am
Chinese state tv pulling the Arsenal match has got the Premier League money men nervous - I have been posting about the perils of such relationships for quite some time now - things are only going to get more mired in controversy

https://www.dailymail.co.uk/sport/footb ... erage.html
Simon Chadwick again reminding us (again) that life gets very complicated if you take money from countries like China

https://twitter.com/Prof_Chadwick/statu ... 7479839744

and here he talks about the significance of Ozil in China and reminds us that the power of their money almost always means that China gets the deference it demands from clubs and associations

https://twitter.com/Prof_Chadwick/statu ... 1512833024

The hold China's indoctrination has on it's youth meanwhile is only growing - so much so that they often do not know what they are being asked to protest about

https://twitter.com/Prof_Chadwick/statu ... 9859050502

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Dec 17, 2019 9:52 am

Posted about Plymouth before - a team who came off worse in those critical games against us in the 90's that we became their most hated rivals, moreso than Portsmouth their naval dockyard rivals - their latest owner is funding their latest attempt against ignominy through equity rather than loans and is hoping to make them self sufficient at least in leagues 1 and 2. Here the Telegraph do a piece on them ahead of tonight's FA Cup replay and shortly after opening their new stand - their ground is has essentially been rebuilt in the last 15 years and their catchment is massive (I have heard Argyle fans refer to themselves as the national team of Cornwall even though they are in Devon and Torquay is Cornish

https://www.telegraph.co.uk/football/20 ... t-putting/

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Dec 17, 2019 2:13 pm

Ipswich Town (many of whose fan's think owner Marcus Evans is taking money out of the club and/or not spending enough) announce their financial results for the 2018/19 season when they got relegated from the Championship = @KieranMaguirre has a look at the details they have released so far

https://twitter.com/KieranMaguire/statu ... 2372942848

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Dec 17, 2019 2:16 pm

a 200% podcast on the story of Brighton's loss of the Goldstone, the years in the wilderness and the fight for Falmer where they are starting to grow to be bigger than most of us imagined possible

http://twohundredpercent.net/podcast-19 ... or-falmer/

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Re: Football's Magic Money Tree

Post by Tricky Trevor » Tue Dec 17, 2019 2:21 pm

The Tommy Wright bribery story is a strange one as he declared and paid income tax on the money. He says he was just doing his best for Barnsley.

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Dec 17, 2019 2:26 pm

La Liga with their latest attempt to undermine/challenge the Premier League within the UK -

https://twitter.com/RobHarris/status/12 ... 0669160448

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Dec 17, 2019 3:10 pm

Bloomberg News with a very friendly/soft piece on Man City Chairman Khaldoon Al Mubarak - not about the club but you can see how it is useful for opening doors in his other activities - also Softbank in there (they are everywhere)

https://www.bloomberg.com/news/articles ... r-business

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Re: Football's Magic Money Tree

Post by Chester Perry » Tue Dec 17, 2019 6:09 pm

Royboy and I have regularly discussed the impacts of ITV Digital on here - particularly in relation to our beloved club - here TIFO Football give their version of the story

https://www.youtube.com/watch?v=7CkTkr- ... e=youtu.be

many local businesses will have been grateful that our board choose a route other than administration to deal with the fallout

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 12:16 am

Stoke could be heading for FFP woes if they cannot sell some players in Jan - another candidate for a Stadium sale maybe? - it is only a few weeks since I last mentioned them

https://www.telegraph.co.uk/football/20 ... g-earners/

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 10:04 am

Stokes 2018/19 financial results show why they are so fearful of FFP/P&S - @KieranMaguire gives us the highlights

https://twitter.com/KieranMaguire/statu ... 8105470976

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 10:09 am

Both Macclesfield and Bury are back in the High Court today facing their eternal winding-up orders - no one expects anything other than the can being kicked down the road again though - which is a sad indictment given the number of appearances made by both clubs - finite time limits need to be put on these things - the purgatory for creditors and fans must be close to intolerable

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 10:14 am

Dundee United show the cost of operating in a small 2 club city (should that be street) that plays in a league that offers them no hope as they publish their 2018/19 financial results

https://twitter.com/KieranMaguire/statu ... 8189722626

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 10:19 am

@SwissRamble's European Tour takes him to Rome where he looks at the 2018/19 financial results for Lazio

https://twitter.com/SwissRamble/status/ ... 2256609280

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Re: Football's Magic Money Tree

Post by Royboyclaret » Wed Dec 18, 2019 11:23 am

Chester Perry wrote:
Wed Dec 18, 2019 10:04 am
Stokes 2018/19 financial results show why they are so fearful of FFP/P&S - @KieranMaguire gives us the highlights

https://twitter.com/KieranMaguire/statu ... 8105470976
Stoke City, the club that has effectively dropped off the edge of a cliff. From a team that in 2015 was beating Liverpool 6-1 at home to one that is threatening to drop into League One.

Remarkable that without first year parachute payments their Income would have been around £19m and yet they still have a Wage bill around £56m. Little wonder they are wholly dependent on Peter Coates at Bet365 for their financial future. Not sure it was a wise decision by our Sam moving there, only time will tell.

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 11:37 am

If any of you thought that Chinese state reactions to Mesut Qzil's post's last week was OTT (it was noticeably less than what happened following the NBA/Houston Rockets tweet) should look at what happened when a Chinese basketball club sought to show it's affinity to the State

https://www.sportbusiness.com/news/cba- ... edia-post/

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 11:52 am

Someone seems to be talking sense about how to think about Football from a top down perspective - no surprise that he is not a football person - Robin Harding in yesterday's FT

Football needs an industrial strategy
Proposals for a European super league would simply redistribute value upwards

Insane, selfish, money-oriented and egotistical: football’s grandees could have been talking about the professional game in general but were, on this occasion, describing Real Madrid president Florentino Perez’s idea for a breakaway league of top European clubs. Liverpool manager Jürgen Klopp summed up fan feeling about change to the traditional schedule more concisely. “Absolute ********,” he pronounced.

Nonetheless, money-spinning plans for new international football competitions keep popping up, because the game’s most powerful clubs would gain. At a time of global concern about inequality, and national concern about keeping economic activity at home, football is a fascinating case study in how the rules of the game determine the distribution of rewards, and whether they are captured by labour (players), capital (club owners) or nations in the form of taxation. The particulars of football are unique, but the issues are common to many industries that work in co-operative systems, from finance and law to high technology.

Proposals for a European super league would redistribute value upwards, to the best players and the biggest clubs; away from countries with popular leagues, such as England and Spain; and from players as a group towards the owners of clubs. This goes against not just the romance and sporting integrity of football, but against the public interest, and against the national interest of several European countries. Industrial strategy is in fashion again, at least when it comes to batteries for electric cars. Perhaps nations need an industrial strategy for football.

The economic advantages of getting it right are immense. In the 2017/18 season, clubs in the English Premier League paid a wage bill of £2.5bn, according to Deloitte. All of the activity is onshore, so no matter how skilful the accountants, football’s finest send about half their pay to the UK exchequer. In economic terms, stars such as Kevin de Bruyne and Paul Pogba are among the most productive individuals on the planet. You want them paying tax in your country.

English football is also an exporter. The Premier League’s overseas broadcast rights bring in £1.4bn a year, and many of the team shirts bear adverts aimed at markets abroad. And that is before counting the hundreds of millions of pounds pumped in by owners such as Chelsea’s Roman Abramovich and Sheikh Mansour at Manchester City. Historically, however, the cash flows to owners are modest. Only a few clubs (step forward Manchester United) are popular enough to pay dividends while remaining competitive on the pitch.

That is not a result of folly or chance. It is how the game works — or at least how it used to. Sports feature a powerful winner-takes-all effect: their rewards are for winning, not for hours put in. Cristiano Ronaldo will play just as much football for €10m as a journeyman does for €100,000; Liverpool need play no more games to win the league than to finish last. What the rules of a league determine is the premium for winning and how the rest of the rewards are shared out.

Economic features that promote high wages and low profits in European football include competition between different national leagues, the lack of salary caps beyond so-called “Financial Fair Play” and relegation of the bottom teams each season to a lower league. These structures create powerful incentives for owners to spend as much as possible on players. If you do not, others will, and you may get relegated. In the American version of football, by contrast, salary caps prevent any arms race on wages, nobody gets relegated and franchises can relocate if it is profitable to do so. The returns for US team owners are therefore far superior.

In Germany, member ownership under the “50+1” rule constrains wages and profits for the benefit of fans, but that structure is under pressure from the same forces encouraging a European super league. One reason for English football’s popularity is relatively equitable sharing of broadcast revenues, leading to competitive matches, although recent changes are redistributing income upwards.

A European super league would look more like US sports. Top clubs and players would gain at the expense of well-loved teams left behind in national leagues. Small countries might get a lucrative team or two, but nations such as England would lose their disproportionate share of professional revenue and taxes. With no real competitor, a super league would find it easier to institute a salary cap, and might need one for balance. A cross-border game could end up like tennis or Formula One, where most players are so peripatetic they can reside in Monaco and pay no income tax in the countries that cheer them on.

What would a football industrial policy look like? The goal is to create a game played within your borders but watched globally, with as much value as possible in easily taxed forms such as wages. Nations should want leagues that share revenues among their members, to create an exciting, competitive product. They should be wary of salary caps.

Most of all, they should not be indifferent. A European super league is not an invention from which its creators would deserve to gain, but a device that moves money between players and owners, or from one country to another. Nothing is ineluctable. The outcome is decided by the rules of the game.
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On a side note the FT are planning to increase their attention re the Business of Sport and are actively recruiting journalists for the purpose, including one specifically to focus on Football who will work alongside the excellent @MuradAhmed

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 12:11 pm

The 4th and final episode in the series with Daniel Geey (@FootballLaw) and Omar Chaudhuri - here they talk about a smarter transfer market

https://www.youtube.com/watch?v=uS4v_yp ... e=youtu.be

some very interesting discussion on incentivisation bonuses including player v squad incentives
Last edited by Chester Perry on Wed Dec 18, 2019 12:25 pm, edited 1 time in total.

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 12:17 pm

A lament against the rise of the Red Bull's Leipzig franchise

https://www.dw.com/en/opinion-rb-leipzi ... a-51684675

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 1:02 pm

Way down the football pyramid, Aylesbury Utd have failed with their bid to buy back their old ground

https://twitter.com/Ollie_Bayliss/statu ... 2536631297

so much emotion attached to these old homes for fans and communities, returns are longed for but as with AFC Wimbledon at the moment a return can cause as much damage as the circumstances for leaving in the first place

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 1:48 pm

looking more and more like the "friendly investors" who want to help AFC Wimbledon fund the development of their new ground are more like predatory chancers

https://twitter.com/charlietabloid/stat ... 7134542849
https://twitter.com/uglygame/status/1206868614860677122

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 11:44 pm

There is speculation that Aston Villa could become the 1st Premier League club to breach FFP

https://www.dailymail.co.uk/sport/footb ... -sale.html

I am not so sure, anyone who has followed this thread regularly over the last year will know that Villa's owners have pumped substantial amounts of cash into the club this year via share issues - I suspect they will do the same again if it is allowed by the Premier League

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Re: Football's Magic Money Tree

Post by Chester Perry » Wed Dec 18, 2019 11:51 pm

This could probably only happen in Germany - FC Cologne have pulled out of a deal to run an Academy in China - because of the "brutal dictatorship" in place there - it will lose them the best part of £2m a season in revenue opportunity

https://www.theguardian.com/football/20 ... are_btn_tw

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Re: Football's Magic Money Tree

Post by ecc » Wed Dec 18, 2019 11:55 pm

Once again, a huge thank you to your goodself Chester and also royboy who contributes to this thread. It's frightening just how big a role money plays in today's game. Sometimes it seems like the actual matches as "events" are of little importance.

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Dec 19, 2019 1:16 pm

@KevinMaguire mentioned this in passing on one of his Podcasts for Price of Football - Sheffield Wednesday have 3 sponsors from businesses that are not commercial activie

https://www.theguardian.com/football/20 ... n-chansiri

Some of you may remember my posts about Southampton's new Shirt sponsor not being an active business in the summer - I am still not aware of them starting to trade, or what that trade is

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Dec 19, 2019 3:17 pm

Man City's long wait to find the judgement on the UEFA FFP hearing continues - it will be the end of Jan at the earliest before they get one

https://www.dailymail.co.uk/sport/sport ... e-ban.html

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Dec 19, 2019 6:23 pm

Episode 11 of the Price of Football Podcast - Liverpool - plus another hobby horse of mine the cost of replacing a manager

https://podcasts.google.com/?feed=aHR0c ... s&hl=en-GB

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Dec 19, 2019 6:38 pm

It is something that you here at a lot of clubs and ours is no different - fans and occasionally new board members wanting the club to move to the next level, but what does that mean - here the Wimbledon way blog makes a good stab at defining it

https://wimbledonway.home.blog/2019/12/ ... get-there/

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Dec 19, 2019 7:23 pm

I don't have a subscription to the Athletic, though I did promote in the summer because I thought it would produce some good material like this appears to be - the racket in unlicensed private professional coaching of players ranging from young kids to pros

https://twitter.com/uglygame/status/1207579505201680384

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Dec 19, 2019 7:26 pm

Sheffield Wednesday on the offensive with the EFL over their investigation into the Stadium sale

https://www.swfc.co.uk/news/2019/decemb ... tatement2/

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Re: Football's Magic Money Tree

Post by Chester Perry » Thu Dec 19, 2019 7:48 pm

There is a new broom at the EFL - Macclesfield docked 6 points over financial issues like paying wages late

https://www.bbc.co.uk/sport/football/50861229

or it pays for Bolton that the EFL's in house lawyer is a self confessed die-hard Bolton fan

https://twitter.com/KieranMaguire/statu ... 6393632768

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