Don’t be so quick to dismiss the ‘doped Olympics’ – at least they’re honest
Despite all the glitches and the controversies, the Olympics have provided a great spectacle of skill and prowess. Not least was the dramatic men’s 100 metres final, won by America’s Noah Lyles by five thousandths of a second in a time of 9.79 seconds. Wildly hailed as the greatest ever 100 metres final, seven of […]
Does Manchester City prove you can buy success?
So Manchester City won the Premiership yet again. Four in a row has been widely trumpeted, and it is also six out of the last seven. But this is just the most obvious aspect of the increasing concentration of success in football amongst a handful of clubs. In the past seven seasons, the top two […]
Sports clubs defy the normal rules of markets and won’t bend to a football watchdog
As a native of the town of Rochdale, I follow the fortunes of Rochdale Association Football Club. I am indeed, albeit in a modest way, a shareholder. This investment is unlikely to finance my old age. The team currently sits bottom of the entire Football League, 92nd out of 92 clubs and at risk of […]
If you can build a football team, you can advance the fortunes of poor nations
In Qatar, there has been a storm over its treatment of women, the LGBT community, and other minorities. But it has also, in another way, been the most egalitarian World Cup. What used to be called “upsets”, with notionally weaker teams beating their alleged superiors have almost become the norm. So, Cameroon beat Brazil, Tunisia […]
Sprinkling local football clubs with money won’t make them sustainable endeavours
The domestic football season has come to a dramatic close, with two sides from the North West jostling for the title and four London teams competing frantically for the coveted spots in Europe. Since its inception, clubs from these two areas have dominated the Premiership, especially over the past twenty years. Perhaps it is something […]
From Covid deaths to Usain Bolt: statistics are never black and white
Who is the greatest 100 metre male runner of all time? The answer seems obvious, even if you lack sporting common knowledge, it is only a quick Google search away. Usain Bolt’s time of 9.58 seconds is unchallenged. Both Tyson Gaye and Yohan Blake are quite away behind with records of 9.69. This year’s Olympic […]
The Super League might be dead, but a global consolidation of elite teams is inevitable
The frantic furore over the European Super League killed off the proposal before it had a chance to get off the ground. But this is likely little more than a pause while the football community regroups and puts together a better PR strategy. Some form of consolidation around elite teams is inevitable. Professional football clubs […]
Economic theory can offer a lesson to struggling football clubs
The expulsion of Bury FC from the English Football League last week continues to generate a huge amount of sound and fury. Regardless of the apparently dodgy nature of some of Bury’s transactions, the simple fact is that the club overspent massively in order to gain promotion from League Two last season. The surge […]
You can’t take the economics out of football
The appearance of Liverpool and Spurs in the Champions League final and Arsenal and Chelsea in the Europa Cup one has generated massive interest. But the official ticket prices for the games are surprisingly reasonable. Liverpool and Spurs have been offered 16,613 tickets each. Five per cent of these are expensive, at £513 each. A […]
The economic answer behind superstar salaries
Rugby Union’s Premiership season is underway again. This is yet another professional sport which operates on the principles of socialism: the money all ends up in the pockets of what we might call the “workers”. In a sport which was allegedly only played by amateurs until the mid-1990s, earnings have boomed. The average salary in […]
