Transcript
Introduction
Dom
This is Dom Cooke, and today, we're breaking down the business behind the most popular sports in the world, football or soccer. It's a vast market, 3 billion people around the world watch the sport and more than EUR 30 billion are spent within the football ecosystem in Europe alone every single year. But aside from this, a huge addressable market, reasonable revenue, is it actually a good business?
Why do investors keep buying football clubs? Is there any economic rationale behind that? Is there a link between sporting and financial success? Has Middle Eastern money distorted the transfer market for good? Just some of the questions I posed to our guest, Dr. Rob Wilson, who is a football finance expert and Head of the Finance, Accounting and Business Systems Department at Sheffield Hallam University. I really hope you enjoy this business breakdown of the business of football.