THE FOOTBALL industry has grown extraordinarily over the past 20 years. The rise of leagues like the Premier, La Liga and the Bundesliga, along with globalisation and intensive mass media has transformed a sport that, in the 1980s, was ailing. In addition, the game has expanded, with developing football markets such as China, India and the US forming credible leagues that have rising spectator appeal. Football is now a sector that contributes about 1% to global GDP. This growth and the importance of the sport as a universal language has stimulated the interest of the financial services industry in the game. Not only do bankers like to sit in executive boxes sipping Champagne and impressing their clients, but from corporate finance to capital markets,…