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TOPIC: Money
#207822
Wyot

Money 3 Years ago  
Doesn't it ruin everything? Now, the death of our national game (and that is not hyperbole if this goes through as things are bad enough already):

www.bbc.co.uk/sport/football/56795811

People will be damning the 6 clubs involved in the UK, but I don't kid myself that my team Southampton would do anything different.

What is my team? Linked to a city by name only; owned by foreign shareholders. It's like Trigger's broom in Only Fools & Horses - he has owned it for years through multiple handle and brush changes. Still the same broom goes strong...

Music, books, sport, TV...our public life is coarsened and cheapened on a daily basis.
 
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#207833
Cary

Re:Money 3 Years ago  
When the Premier League started, about 30 years ago, no real ownership criteria were set. Unlike in Germany where foreign owners are prohibited in the top divisions.

Because of the TV growth of football, investors (in the form of billionaires and countries) have been encouraged to acquire clubs by national associations.

In England, Manchester United was allowed to be acquired with funds borrowed by pledging its own assets. With little contribution from the current US owners.

European football authorities have simply lost control, to big business, of the only really global sport which offers the highest return on investment available anywhere.

All through inept governance, and being out manoeuvred by Wall Street and others. JP Morgan's strategic and pivotal role in the new Super League is noteworthy.
 
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#207834
Wyot

Re:Money 3 Years ago  
Yep Cary this is effectively a hostile takeover because of the billions the big clubs have lost due to Covid restrictions. The sole aim is to make money for an elite.

Millions will enjoy the new spectacle and some will say not? For me it depends on how you view football. Football in the new super league will be competetively closed: the same clubs competing over & again in a kind of football reality TV show. It will be hyped and glamorous and showcase terrific players; but it will be the same show week in week out.

TV spectacle or competitive sport from the grass roots up is the choice? And it will be a choice because the money will follow the superleague and drain further from elsewhere; whatever spin they put on it.
 
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#207836
Green Man

Re:Money 3 Years ago  
I have no idea why people are moaning. Scottish football is shit because it’s only either Celtic or Rangers who wins the league.

Sky Sports have been fleecing pub landlords for decades to show live games, no that a league wants to make more money they are moaning, are they scared if BT Sports get the rights people will turn off?
 
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#207838
Cary

Re:Money 3 Years ago  
Wyot wrote:
The sole aim is to make money for an elite.

Very true - just like the top tennis players and golfers, who concentrate on grand slam events and majors. And F1 drivers who only compete in GPs.

Fans want to see the best football teams and players and the EPL has astounded everyone; the most popular league and seen in every country.

The Super League will do the same, and the amateur game will suffer. With billionaires becoming multibillionaires, and more Accrington Stanley's.

Off-seasons (if there's time for them) will consist of lucrative tours for SL teams to China, the Far East and the US. All fast growing markets for the game.
 
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#207839
Green Man

Re:Money 3 Years ago  
Cary wrote:
Wyot wrote:
The sole aim is to make money for an elite.

Very true - just like the top tennis players and golfers, who concentrate on grand slam events and majors. And F1 drivers who only compete in GPs.

Fans want to see the best football teams and players and the EPL has astounded everyone; the most popular league and seen in every country.

The Super League will do the same, and the amateur game will suffer. With billionaires becoming multibillionaires, and more Accrington Stanley's.

Off-seasons (if there's time for them) will consist of lucrative tours for SL teams to China, the Far East and the US. All fast growing markets for the game.


China are now the super power of the world, WEF dream of reset is getting nearer. Super League will target the super wealthy and that’s the goal. You won’t own nothing but you’ll be happy, so then season tickets will become defunct. The broadcasting rights will be a battle and tour packages for the games will be sold by the clubs and maybe the odd travel agent like Thomas Cook or Trip.com Group both Chinese companies.
 
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