Which Company is Manchester City Most Like…?

Culture matters, in business and in sport.  The set of principles which guide the employees, managers and shareholders of a business are what produces results and culture plays a similar role at soccer clubs.  Both clubs and corporations are organizations focused on accomplishing a set of goals, it follows that there are parallels in organizational style.  Read on for the long lost corporate twins of your favorite clubs.

The rest of the ‘Company’ series: Arsenal, Chelsea, Liverpool, Manchester City, Manchester United

Manchester City

The ‘noisy neighbors’ of Manchester have planted the flag and they have done it in style. This season City has come out all guns blazing with their sights trained squarely on the club situated across Manchester. Nothing less than bragging rights for the next decade is up for grabs and the Citizens have shown they will mow down anyone in their way. So far this season they have notched 21 wins in 27 matches with attacking flourish and defensive industry supplied by the likes of David Silva, Sergio Aguero, Yaya Toure, and Vincent Kompany. Last year they shattered the Champions League status quo, this year they are clear favourites to break United’s grip on the domestic title. Money is the word used to dismiss their success, but there is something more going on at City than a spending high. Continue reading “Which Company is Manchester City Most Like…?”

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Which Company is Manchester City Most Like…?

Groupon, ManCity and the Credibility of a Regulator

Right now the Securities Exchange Commission and UEFA have more in common than they would think.  In the past month both have been confronted with situations that call into question their role and legitimacy as policemen of their respective neighborhoods.

Groupon Inc., the daily-deal site, is looking to sell shares in an initial public offering valuing the company at close to $20bn.  Continue reading “Groupon, ManCity and the Credibility of a Regulator”

Groupon, ManCity and the Credibility of a Regulator

Premier League Battered by the Financial Storm

All has been quiet on the transfers front for the Premier League this summer.  There have been relatively few transfers this year with many clubs strapped for cash, and few of those that have occurred are the big-cash, big-name signings of previous years.  The impetus for the sudden tightening of purse strings was the financial implosion of 2007 in which United Kingdom and Euro banks, infected by the American market crises, found themselves drowning in poor credit and desperately scraping for cash.  That tightening of credit cascaded through all industries, including the Premier League and its ramifications still echo today.

The financial crash is clearly reflected in the steady decline of transfer spending post 2007.  Click to see the graphic in higher resolution. Continue reading “Premier League Battered by the Financial Storm”

Premier League Battered by the Financial Storm