Football Finance
Football is no longer a game but a driver of growth and business
Last weekend’s English Premier League match between Sunderland and Arsenal does not on the face of it merit much attention. A regular Premiership match, one of the rare ones played at 3pm on a Saturday, it ended in that classic score: 1-0 to Arsenal, after the Gunners weathered a late Sunderland assault.
Yet it is what happened in a committee room next to the Stadium of Light, followed by discussions in the one of the executive boxes of the stadium, that shows how the game has radically changed. This proved that football is no longer eleven men against eleven men on a park, but a vehicle of commerce and business. Not just in this country, but all over world and, in particular, Africa.
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Britain’s government wants change but will it enforce it, and is it asking the right questions
It would be foolish in the extreme to believe that just because the Commons Select Committee on Culture Media and Sport has given the football authorities a bollocking, things will change in the national game. This may be the second verbal lashing the MPs have administered football in two years but just because the MPs wave a big stick it does not mean they will follow up by using it to whack the football authorities if, as so often in the past, football does nothing.
Here it is worth recalling what John Whitingdale, chairman of the committee, told me back in July 2011 when the committee looked at the bidding for 2018 World Cup. His words were: “I am instinctively against government intervention. The government has an awful lot on its plate, the state of English football is a lesser priority than improving the welfare state and the NHS. I don’t think there will be a great wish for legislation.”
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Ross Hair: ‘We won’t risk it all to keep the premier TV contract’
Evening Standard

In the frame: Ross Hair says ESPN has tried to be innovative with its coverage. Image courtesy of Evening Standard
Sky and the Premier League is such a partnership – it has lasted longer than most marriages – that talk of a rival seems absurd.
Yet Al Jazeera, the Qatari-owned television channel, is now seen as a serious contender to Rupert Murdoch’s prize possession. The bidding for the next set of rights, which will run from August 2013 for three seasons, is expected to start in the spring and the man talking of an Arab bid is Ross Hair, the boss of ESPN in Europe, Middle East and Africa.
Hair has a vested interest as he seeks to hold on to his channel’s existing package of live matches.
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Rangers situation a reality to check for football clubs
A look at German and American systems would serve British football well
So the Prime Minister goes to Scotland and in between trying to save the United Kingdom he has time to talk about Glasgow Rangers. If anything illustrates the power of modern sport, particularly football then this, surely, is it. But it also shows curious our football world is.
The most important question is: if football is so powerful how come our legislators have not taken steps to make sure we have proper rules for football clubs and a level playing field? The simple fact is we talk about the importance of football but allow it to be run like a cottage industry. Worse still an industry which is allowed to make its own absurd rules.
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Other Football Finance tagged articles
- Rangers entering administration shows how crazy football is - February 17, 2012
- The world has changed – now show us the books - February 12, 2012
- Football must realise it is not above the law - February 7, 2012
- Football’s still a cottage industry - January 27, 2012
- English football will do itself no good by continuing to rubbish the Europa League - January 20, 2012
- Robert Elms Show - January 19, 2012
- Venkys find Blackburn a tougher egg to crack - December 21, 2011
- The gulf that separates the American and British sporting model has yet to be bridged - December 16, 2011
- Although more famous for cricket, India looks set to become football’s new golden goose - December 15, 2011
- QPR’s new owner won’t splash the cash like Roman Abramovich - September 20, 2011
- The rise of celebrity culture is changing the face of our beautiful game - August 25, 2011
- The warlordism that undermines football - June 1, 2011
- Sepp Blatter’s allies still all live in his fantasy world - May 31, 2011
- FIFA may lack the power to reform itself - May 29, 2011
- Rock n Roll football show - May 17, 2011
- Football clubs tackle debts - September 6, 2010
- Keith Harris: Selling a club for £500m is a tricky business - August 24, 2010
- Debate: Why do magnates buy football clubs? - February 9, 2010
