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Money in Football »

[19 Jul 2009 | No Comment | ]

Football. If ever there was a sport that has been dramatically altered by money, it’s this one. More and more clubs are being taken over by billionaires, with the seemingly important ‘must love football’ often not being part of the criteria. Television companies are scrapping over broadcasting rights and manipulating fixtures as they please. And the players themselves are earning a ridiculous wage every week considering firstly, they don’t save lives or help the needy, they kick ’an inflated pig’s bladder’ around a field, and secondly, they get their paycheck whether they put in a world-class performance, …

Money in Football »

[19 Jul 2009 | 2 Comments | ]

We’re often told “anything can happen in football – it’s the beautiful game, blink and you’ll miss something”. Well! Perhaps everything beautiful has already happened. Maybe all the good stuff took place in the previous century and now the last 10 years are part of a cycle that will circulate till the end of time.

Can Nottingham Forest ever win back to back European Cups again? Or can Celtic ever lift Europe’s highest accolade with a team from within 30 miles of Glasgow? Can any of these possibilities be achieved …

Money in Football »

[19 Jul 2009 | No Comment | ]

As Manchester City fork out a suspected 25 million pounds to buy Emanuel Adebayor after spending £25 million on Carlos Tevez, many “normal” citizens of every country in the world are losing money and finding life hard. However this is not such a big problem in the world of football as only the richest of people are involved. Of course, there has been incidents like at West Ham when the owners have been hit hard by the crisis but usually there is a way out of it. Here is my …

Money in Football »

[19 Jul 2009 | No Comment | ]

Throughout the late eighties and nineties, Italy had undoubtedly the most competitive football league in the world. Alongside the status came the financial clout. In between Diego Maradona’s switch from Barcelona to Napoli in 1984 and Alan Shearer’s move to Newcastle in 1997, every world record transfer involved Italian clubs purchasing one of the world’s great superstars.
Big bucks continued to fly into the new millennium as transfers involving Christian Vieri, Hernan Crespo and Gianlugi Buffon all exceeded 30 million pounds. As the first decade of the new millennium draws to …

Featured, Money in Football »

[19 Jul 2009 | No Comment | ]

In essence, the game of football is a splendidly simple prospect.
Tracing its roots back to China, England and even Greenland, the very first players of the game used pig’s bladders or skins of possums, and it was even outlawed by King Edward III in the 1300s.
In the hundreds of years since, however, the beautiful game has become increasingly tarnished by the influx of money pumped into it. Indeed, football has evolved so rapidly that its disputes have even entered the law courts as clubs become increasingly dependent on the financial …

Money in Football »

[19 Jul 2009 | One Comment | ]

And so it’s happened. Cristiano Ronaldo has finally flown off into the Madrid sunset, his departure leaving Manchester United fans, North West based hair gel companies and women everywhere disappointed and more than a little angry. His new club, Real Madrid, parted with nearly £80 000 000 for his services, and thus it’s only natural that in wake of his leaving, a familiar topic in the world of football has once again found itself being discussed, notably is there to much money in football?

I think most people would pay £80 …

Money in Football »

A Criminals’ dream, A bookies’ nightmare
[17 Jul 2009 | No Comment | ]

It has now become a current occurrence, every week almost, that matches are investigated thoroughly. Match reports are assessed, eagle-eyed bookmaking staff check for irregular betting patterns. This isn’t done as a priority to preserve bookmakers’ money, but to preserve football from being dragged into the innocuous world of rogues.

In a world crisis-hit by the economic recession, even professional footballers are finding it hard to pay for the luxurious lifestyle that everybody wants to lead. The desire to make a little bit of ‘easy money’ can be, to say …

Money in Football »

Will the 2009 transfer window change the face of football?
[16 Jul 2009 | No Comment | ]

Thirty years ago, Trevor Francis became the first player in England to be sold for one million pounds. Back in 1979, this fee was a huge milestone in football. So large in fact that Brian Clough actually paid £999,999 up front to ensure that the proposition of holding this record didn’t go to Francis’ head.  Fast forward to 2009 and Cristiano Ronaldo has just shatterred the world transfer record with an 80 million pounds switch to Real Madrid.
Such a groundbreaking deal had been threatening to happen for quite a while. Ten years …

Money in Football »

[15 Jul 2009 | 2 Comments | ]

According to a recent BBC article, football is being used as “a vehicle for laundering money”. Yet the notion that what is essentially a cash-rich business was previously squeaky clean seems laughable.

In the 1970’s my Dad would take me down to St Andrew’s where crowds never seemed to look as small as they were advertised. Often we looked at a stadium three-quarters full, only to hear an attendance figure that would draw ironic laughter from supporters. “It’s for tax reasons,” my Dad would say with a wry smile.
Sponsorship deals, interest-free …

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