
We've been talking about soccer quite a bit lately and you'll have to indulge me at least one more post. The Deloitte money list of the richest soccer clubs in the world by revenue was released last week and it provides some very interesting reading. The English Premier League is widely recognized as, well, the
premier league in the world. It is where the world's best players now ply their trade, given the recent problems in Italy. Granted, there are exceptions, as the roster of the Galacticos and Barca attest, but for a league as a whole, the Premier League is at the top and its recently signed global television contracts, to the tune of some 2.1 billion Pounds, or about $3.5 Billion makes that abundantly clear. It also confirms that the fall of English clubs down the Deloitte rankings this years is only a one year blip, as the effect of those television contracts won't be felt until next year's rankings.
So, what do this year's rankings show? Sitting on top are the two Spanish giants and arch rivals Real Madrid and FC Barcelona. Taking full advantage of the ability to negotiate individual television contracts and market themselves around the globe, Real
earned 202 million euros on revenues of 292 million euros, while reigning European champion Barca, helped by its own TV contracts and that European championship came in second with earnings of 179 million euros on revenues of 259 million euros. Demonstrating the importance of the Champions League, and of doing well there, Manchester United
dropped to fourth primarily due to getting bounced from the Champions League early.
Even without the benefit of the new television revenues, there were eight Premiership clubs on the twenty club list, including several not generally thought of as financial powerhouses: West Ham, Manchester City and Newcastle United. None of these teams qualified for the Champions League last year and reached the list on the strength of the Premier League's television contracts and global reach. It's no wonder that so many foreign investors are buying in to Premiership clubs.
In other English soccer news, England is gearing up to bid on World Cup 2018, the next World Cup logically thought to be played in Europe. With the World Cup scheduled for South Africa in 2010 and thought to be going to South America in 2014, Europe would the logical rotation for 2018 and today Prime Minister in waiting Gordon Brown
threw his weight behind an anticipated English bid. The facilities certainly wouldn't be a problem, coming after the London Olympics of 2012 and the new stadium building already open or planned by a number of clubs, including Arsenal and Liverpool.
Labels: FC Barcelona, Manchester United, Premier League, Real Madrid, soccer, sports, World Cup