THE Deloitte Football Money League always makes interesting reading, but its annual appearance reminds us what big-time football has become – a major global industry. The past 10 years has created footballing behemoths, but never has the gulf between the elite and the also-rans been so great. It would be wrong to say football has never been about the rich and poor. The composition of … Continue reading Football’s decade of capitalism
THE UEFA Champions League is due a new winner and this season, clubs like Paris Saint-Germain and Manchester City will be hoping to join the elite band of European champions. The massive investments made in both clubs have been designed to lift the continent’s biggest club prize, but neither club has come close to winning the competition. However, in a season when clubs like Barcelona, … Continue reading PSG, Manchester City and the Champions League – the time of new money might be now
WHAT will motivate Paris Saint-Germain when they get tired of winning domestic trophies at a canter? And despite their huge wage bill, growing revenue base and ability to snare any player they choose, how can PSG become more competitive where it really matters – in European competition? Given the amount of cash their owners have spent on player transfers and remuneration, should the French champions … Continue reading Now may be the time for PSG to repay the backers
IF ALL goes to plan, Leeds United should soon be benefitting from a big cash injection from Qatar Sports Investments (QSI), the people who have made Paris Saint-Germain one of Europe’s wealthiest and high-profile clubs. The news has had a mixed reception, Qatar’s human rights record has been pointed out, along with the morality of inflated investment in football as a tool to enhance reputations, … Continue reading Will Leeds be the next member of the uber-rich?