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Volume 9

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The Beginning of the End of

Football

- Tanishka Garg

The world of football has been thrown

into turmoil by 12 of the wealthiest

clubs attempting to form a breakaway

league that has drawn criticism from

fans, pundits, authorities, and even

players and managers. Lets break down

what is actually happening.

Football, for some of our international

readers, is risky and very expensive.

To do well, you need the best players,

and there is no cap on how much the

best players cost. Every single club

cannot afford the players they have

or the players they want. The most

influential clubs in the world are not

owned by their fans, they are owned by

investors who live thousands of miles

away and see their clubs as an asset or

family heirloom: Manchester United

are majority-owned by the American

billionaire Glazer family; Arsenal

are owned by the American

billionaire Stan Kroenke;

Chelsea’s owner is

the Russian

billionaire

R o m a n

Abramovich;

Liverpool are

controlled by American billionaire John

Henry and his Fenway Sports Group;

and on and on.

These investors are not getting the

returns they would like. Still, every

summer, they are expected to buy more

expensive players the clubs can’t afford.

They’ve tried everything to try to get the

fans to cover all the costs: they hiked up

ticket prices until the average supporter

could barely afford to go anymore, they

released expensive new replica shirts

every season, they did sponsorship

deals with dodgy companies, they

sold the names of their stadiums, and

they did deals with TV companies

that meant if you couldn’t afford those

expensive match tickets for your family

and instead you wanted to watch your

team from the comfort of your home,

you had to purchase an expensive TV

package.

This wasn’t enough for the investors.

Not only did they feel angry that they

had to contend with their clubs not

making enough money, but they also

have to deal with the fact that their

teams might lose matches and make

them even less money.

10

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