Football finance

Enough’s enough, says JD:

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BBC

“Real Madrid have topped the league table of the world’s 20 richest football clubs for the sixth straight year, according to Deloitte.

Its Football Money League, based on season 2009-10, also said the combined revenues of the 20 clubs had passed 4bn euros (£3.8bn) for the first time.”

That comes as no surprise to those of us who watch football. The cost of attending games has been rising ever more steeply since the television money tap was turned on. And it is no surprise that Real Madrid are top of that list.

These are the ticket prices for the forthcoming Champions League game between Real Madrid and Lyon-

This shows the cheapest seats to be €60 and the most expensive to be €235. The cost of VIP seats ranges from €190 and €1000.

Yes, that’s right, one thousand euros to watch one game. No wonder they are the richest club.

This is not directed at Real Madrid in particular, they are just an example. Madrid and Barcelona get the bulk of their income from TV rights as explained here

– Real Madrid’s broadcasting revenue is higher than the total revenue of half of the top 20
– Barcelona’s total revenue twice as high as Liverpool, who are in seventh position
– Big Two earned €50 million (£42.5m) more in domestic TV revenue than third-placed Manchester United

That is why the top two Spanish clubs are above the seven English clubs on the list.

With all the money from television flowing into their pockets, you might think that the cost of actually going to the game would be more affordable. No such luck. Last time I went to a game in England I paid £64 for two seats. Last time I went to Real Madrid it cost €480 for six seats.

Clubs seem determined to exclude their traditional supporters and replace them with the ‘prawn sandwich’ lovers.

The working class game is no longer for the working class, it is all part of the modern ‘business model’ which seeks to transfer wealth from poor people to rich people.

It’s time to write some more lyrics for this song-

http://www.youtube.com/watch?v=wDRBDX3nt_o

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JD‘s profile and a list of his posts can be found in the left sidebar at this site.

4 comments for “Football finance

  1. February 11, 2011 at 19:31

    The hell with top flight football. Most clubs just treat fans with contempt

  2. dearieme
    February 11, 2011 at 19:54

    I haven’t attended a football game since I went to an old Fairs Cup tie between Hibs and Leeds. One of the Leeds fans peed on my leg and when I turned round a whole bunch of the scum were hoping I’d start a fight.

    It was very odd: when I was little, Scottish football fans were subjected to violence, but only of Celtic or Rangers were playing; English football was (as far as I know) peaceful. Then suddenly, in the 70s, in England, whoosh! No doubt the Labour Party blames it on Thatcher.

  3. February 11, 2011 at 20:11

    It would be nice to see it all collapse and local football take over again.

  4. Patrick Harris
    February 11, 2011 at 20:41

    Ah! soccer, ZZZZzzzzzzzzz. “Football finance” in a nutshell, too much too often.

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