The Financially Unsound and the Red Fury

Just don't let Ramos hold the trophy

There is no doubt which country currently sits on top of the iron throne of soccer. Spain. All foes have fallen at the hands feet of the Spanish national team for the past four years and La Furia Roja go into the summer as favorites to defend their European Championship title of 2008. Those odds are likely to carry over to the their bid to retain the World Cup in 2014. Domestically, La Liga attendance is high with the twin giants Barcelona and Real Madrid locked in a battle for the league title and on course to meet in this year’s Champions League final. The Spanish brand is also the strongest it has ever been with the rivalry of Messi v Ronaldo pulling in eyeballs from all over the globe and Spanish players in high demand across the continent for their technical brilliance.

Unfortunately, the difficult thing about being on top is staying there. Continue reading “The Financially Unsound and the Red Fury”

The Financially Unsound and the Red Fury

The Month in Soccer Business: November 2011

A monthly compilation of interesting business news related to soccer. November 2011.

Hearts owner Vladimir Romanov open to sale – November 6th

Owner Vladimir Romanov insists he will continue to support Hearts financially but admits he is now open to selling the Edinburgh club.

Players were paid on Friday, following an 18-day wait for overdue wages, and Romanov recently Continue reading “The Month in Soccer Business: November 2011”

The Month in Soccer Business: November 2011

Why UEFA Should Crowdsource Financial Fair Play

The Great Financial Meltdown was preventable.  The post-mortem of the 2008 collapse has reiterated what is true of every man-made crisis, that they can be avoided.  The warning lights were flashing long ago and there was ample time to stop the bubble.  Robert Shiller knew,  Nouriel Roubini knew and plenty of others were sounding the alarm because they had the information to understand what was going on.  Currently soccer is depriving itself of its own early warning system because data on club finances, including player transfer activities and ownership is being kept out of supporter hands.  This needs to change throughout the soccer world and the best place to start is through UEFA. Continue reading “Why UEFA Should Crowdsource Financial Fair Play”

Why UEFA Should Crowdsource Financial Fair Play

This is Zlatan’s Wages, Can You Beat Them?

Zlatan Ibrahimovic is on his way to Italian giants AC Milan.  After a successful year at Barcelona in which he scored crucial goals to keep the title in Catalonia his €24 million  price tag is unsurprising.  Ibrahimovic rejected a move to Manchester City, stating that he did not believe the club capable of winning the titles he craved.  The Swede was reportedly offered wages of £500,000 pounds ($772,350) a week to tempt him into a move to the ambitious North England outfit.  Read it again. Continue reading “This is Zlatan’s Wages, Can You Beat Them?”

This is Zlatan’s Wages, Can You Beat Them?