World News: The Economics of Privatizing Professional Sports

AddThis Social Bookmark Button

The announced creation of a European football Super League competing with the Champions League is shaking up a UEFA hostage of the excessive professionalization of football which has become a part of the world economy.

Presented on April 18 by twelve European clubs (Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham, Real Madrid, FC Barcelona, ​​Atlético Madrid, Juventus de Turin, Inter Milan and AC Milan ) the project to create a football Super League, a declared competitor in the Champions League, dear to the UEFA (European Union Football Association), shook the footballing microcosm of the Old Continent, trembling at the idea of ​​seeing the competition European sportswoman counting among the most followed and most lucrative dethroned by an organization with purely financial aim ( )

Beltway Insider: Biden, Gun Control, COVID/Vaccine Totals, China, Russia, Prince Philip, Bernie Madoff

Since the announcement, the cries of fowl have been constantly speaking out against an initiative that, a few years ago, had already been approached in the form of aG14 (a group that included among the 14 major clubs at the time), only to be finally abandoned.

But the advanced Super League project, which would also allow a few hand-picked clubs to enjoy guest status to play alongside the founding clubs, now seems so well underway that the European institutions seem to be struggling to thwart it. surely. But once the observation and indignation, which will have only a time, that this initiative arouses, has passed, the question that emerges today is not why such an initiative is to be born but when it will see the light of day.

Inflation, Economics and Covid Recovery Rules

To the first question, the answer that is required seems to be almost childish. The exponential inflation of audiovisual rights, the amount of player transfers and the budgets of clubs (otherwise dangerously indebted) not to mention the ancillary revenues linked to the sale of derivatives, explain this desire of the biggest and most powerful European clubs to create a play area where sport is only a financial support.

World News: Macron Determined to Abolish The National School of Administration

Having become a part of the world economy, football does not escape the economic rules to the point of having to diversify in order to ensure its long-term sustainability especially in times of health crisis, the effects of which have had an impact on the cash flow of clubs. Andrea Agnelli, president of Juventus Turin and the Association of European Clubs (ECA), recently pointed out that the health crisis could result in a shortfall of 6.5 billion to 8.5 billion euros for clubs.

Enough reason to devise solutions to limit the financial hemorrhage resulting from the pandemic. The reasoning held by the twelve clubs concerned is thus the simplest: A Super League hosted by world-renowned clubs (The Real Madrid matches are followed in China or elsewhere) will generate television interest, popular, public and also sporting since the best players in the world evolve in the clubs concerned.

Deficits and Legal Time

At the same time, this Super League, a way to wipe out abysmal deficits (in 2016, the cumulative amount of outstanding's of the 20 largest European clubs amounted to 133 billion euros) is also an act of independence on the part of clubs too cramped in a UEFA (with a budget amounting in 2019 to 5.7 billion euros) considered archaic, and still too resistant to the idea of a total football business. ( )

World News: French President Macron Faces Scrutiny Again Over Pandemic Handling

And from there to UEFA taking the aspects of a charity dedicated to the defense of clubs excluded from the upcoming Super League, there is only one step. UEFA, which has worked for decades to develop the most unbridled professionalism, has therefore failed to find the arguments, caught in its own trap, to contain the secessionist desires of the great European stables. It remains to be seen when this Super League will be born.

It is now all about legal time and legal recourse, but it is very likely that the project will succeed unless UEFA reformed the Champions League in order to retain only secessionist clubs, which would exclude other forms.

European countries at the risk of new litigation. Cornelius... For the time being, both sides are observing each other and tossing each other, certainly waiting for the gesture of either side.

But one thing is certain, it has less to do with the players than with revenue and depleted world economies. In short, European football leagues are big business and one that European leaders see as necessary to boost national economies post Covid.

Medical Science: COVID-19 - How Does It Kill You?

For more information see the recent coverage appearing in the French daily LeMonde here and the French sports dedicated publication Sportune, here.



Bio: Olivier Longhi an opinion columnist for, has extensive experience in European history. A seasoned journalist with fifteen years of experience, he is currently professor of history and geography in the Toulouse region of France. He has held a variety of publishing positions, including Head of Agency and Chief of Publishing. A journalist, recognized blogger, editor, and editorial project manager, he has trained and managed editorial teams, worked as a journalist for various local radio stations, a press and publishing consultant, and a communications consultant.

Haute Tease

  • Beltway Insider: Biden Transition, Day 1 EO, Trump Stonewalls, Georgia, COVID Surge, Sex Abuse

    AddThis Social Bookmark Button

    President-elect Joe Biden has continued to receive congratulatory messages from many world leaders as he begins to implement his transition plan even as the Trump administration refused for the week to acknowledge the election results.

  • La Police Perd Son Bon Sens

    AddThis Social Bookmark Button

    Alors que l'escalade de la violence policière, la brutalité et l'intimidation soulèvent de sérieuses questions concernant leur mission, la possibilité de réformer la Police nationale, qui balaie le monde, présente un réel danger de répression et de soumission sous l'universalisme républicain.  

  • Op/Ed: Call Me, Harvey. I’ll Defend You – Millionaire Madam Lawyer, Norm Pattis, Offers a Different Opinion

    AddThis Social Bookmark Button

    Not since Meg Ryan’s fake orgasm sitting across a diner’s table from Billy Crystal in “When Harry Met Sally”  have we seen such disingenuous huffing and puffing about sex from Hollywood.

  • Money News: DOW, Americas, European Markets Close Down; Nikkei Down; Hang Seng Up

    AddThis Social Bookmark Button

    The Dow Jones Industrial opened the first full week of trading ringing in the New Year with historic and stunning losses, a mauling reminiscent of the DOW’s third quarter as the bear market pummeled the majority of the World’s most watched markets.

  • Dates of the 44th Moscow International Film Festival Announced

    AddThis Social Bookmark Button

    The dates of the 44th Moscow International Film Festival have been announced - it will be held in 2022 from 21 to 28 April. Acceptance of applications for participation in competitive programs starts from December 13, 2021.  

  • World News: U.S. Troop Withdrawal Proves Afghan People are Expendable

    AddThis Social Bookmark Button

    The advance of the Taliban in Afghanistan, now on the doorstep of Kabul, the capital of a country that has been plagued by almost chronic unrest for more than forty years, is sure to worry the international community.

  • Business News: China Retailers Romance The Singles Market

    AddThis Social Bookmark Button

    On Wednesday, Alibaba generated $14.3 billion in total sales during Singles' Day, the Chinese equivalent of Black Friday. The figure is a 53.7% increase from the company's previous Singles' Day sales record of $9.3 billion during the holiday last year.  

  • Russian Debut Comedy Releases December 20

    AddThis Social Bookmark Button

    On December 20, the Epic Media YouTube channel will host the online premiere of the short film Thank you, Coach! (2020). Actor Nikita Tarasov, known for Battle for Sevastopol and Attraction, debuts as the film’s director and screenwriter.