Football belongs to me

So the fiasco of that European Super league is over, for now. It was a hideous concept dreamt up by the billionaire owners of a dozen or so of the top teams in Europe or those faced with the biggest debts. Let’s face it these guys, be they Middle Eastern potentates, Asian oligarchs or American tycoons, made an investment in football – the world’s greatest sport – not because they had a love for the game but because at some point they wanted to make a serious return. And the American bunch convinced their counterparts to adopt the franchise example of American football; a closed group of teams protected from the threat of automatic relegation and promotion, able to soak their fans and maximise/share the incredible broadcast revenues whilst imposing a salary cap on the talent. Let’s face it, if you could afford to be in the club it must have looked liked a recipe for unbridled success with the share prices soaring ¬†along with the profits. 5 years of this model and the debts would be paid off and the asset put up for sale to the next batch of uber-entrepreneurs for huge profits. Bastards. Continue reading