Sport and business may often be uncomfortable bedfellows. The recent problems at Fifa, the world football’s governing body, have demonstrated how difficult it is for sport to be run as a business. However, the cricket Test series between England and India demonstrates that sport can provide instructive lessons about how to use money to maximise resources and produce a winning formula.

This series saw England not only become the top Test nation in the world but also humiliate India, winning all four matches. Not even the most optimistic of English fans could have hoped for such a result. Bookmakers, who always have a shrewd idea about such things, were so convinced this was unlikely that, at the beginning of the series, they were offering odds of 25-1 against such an outcome.

The English triumph, and more so the scale of the victory, is remarkable given that India has been the number one Test country since 2009. Only three months previously, India also won the 50-over World Cup, something England has never achieved. The triumph is all the more remarkable because, as has been well-documented, India is the money bags of world cricket.

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