Tag Archives: Manchester City

European football economics: Transfer fees go crazy

An Adidas soccer ball on the field prior to the 2018 MLS All Star Game between the MLS All-Stars and Juventus at Mercedes-Benz Stadium

Bayern Munich chairman Karl-Heinz Rummenigge has apparently discovered who is to blame for the recent surge in prices on the football transfer market. “If prices are inflated then the fault lies with Manchester City and Paris Saint-Germain,” he told German magazine Merkur. Continue reading

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Transfer cost to assemble the squad: Manchester City at the top

Manchester City has spent almost €1 billion in transfer indemnities to sign its present squad members (add-ons included). This obscene figure is the highest figure ever measured for a football team. The CIES Football Observatory Weekly Post presents the data for all of the big-5 league teams in Europe.

Seven English Premier League teams are in the 11 top positions of the table. The biggest increase compared to last year was measured for Liverpool (from €437M to €704M). The Spanish giants (Barcelona and Real Madrid), Juventus and Paris St-Germain (2nd overall) are the only non-English teams in the top 11. The best-ranked German Bundesliga club, Bayern Munich, is 12th.

Total transfer expenditure to make up the squad for clubs from the five major European leagues went constantly up during the last decade. In 2010, a big-5 league had spent on average €67M to sign its squad members. In 2018, this figure reached a new record high of €161M. During the same period, the amounts invested to assemble the squad by English Premier League clubs went up from €126M to €326M.

The Premier League, whose member clubs are owned by financial oligarchs, currently has the highest percentage of foreign players of any league in the world, at 69.2 per cent.

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Who is singing now?

By TONY SEED

(July 11, revised July 19) – The world has been saved from an England-France Brexit final at the 2018 World Cup, renditions of “Three Lions” and “Rule Britannia” in the stadiums, and the tsunami of British chauvinism unashamedly embraced by the Canadian media.

What goes around, comes around. The dodgy English threw their final match in the opening round with Belgium back on June 28 with the pretext of resting players and avoiding injuries for the Round of 16. “Sometimes, you have to make decisions with the bigger picture, and that’s what I did tonight,” rationalized head coach Gareth Southgate at the time – as if the decision was his and his alone. That “bigger picture” seems to have included getting a better draw in the knockout stage, that is, to avoid Brazil and therein build the size of the betting pool, the TV market, the revenues of the English Football Association, and a “hearts and minds” diversion from the Brexit crisis at home – giving a new definition to match fixing and a level playing field. Such are the elastic ethics of England.  Continue reading

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Manchester City’s plan for global domination

Football has already been transformed by big money – but the capitalists behind Man City are trying to build a global corporation that will change the game for ever | GILES TREMLETT in The Guardian 

(December 15) – On 19 December 2009, Pep Guardiola stood and wept in the middle of Zayed Sports City Stadium in Abu Dhabi. The 38-year-old Barcelona manager clasped a hand across his face as his body gave way to huge, shoulder-heaving sobs. Zlatan Ibrahimović, the club’s towering Swedish striker, wrapped a tattooed arm around Guardiola’s neck and then gave him a vigorous push in order to jolt him out of it. But Guardiola could not stop. Continue reading

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Premier League’s unlevel playing field

Even while top soccer players in Britain, such as Arsenal FC’s Mesut Özil, are regularly paid 180,000 pounds a week, the workers employed at club stadiums struggle to make ends meet, a new report says | Ronnie Macdonald / Wikimedia Commons

By GEORGE LAVENDER*

In These Times (Jan. 21) – SOCCER is big business in Britain, but not everyone who works in the Premier League benefits from that prosperity. According to a recent report by the community organization coalition Citizens UK, even while chief executives make millions, workers who cater, clean and provide security for top soccer clubs are getting paid minimum wage. Right now, the report says, many employees at stadiums around the country are earning £6.31 an hour – well below the estimated national living wage of £7.65. Continue reading

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Manchester City: a tale of love and money

 Manchester City won the Premier League title at the weekend, thanks to £1bn of Sheikh Mansour’s money. But it wasn’t always like this… | DAVID CONN

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