Analytics

Thursday 21 May 2015

Rich rich champions

All around Europe, the leagues are coming to an end and clubs being crowned champions.

In the five biggest league in Europe, we have Chelsea, Juventus, Bayern Munich, and most recently Barcelona and Paris St Germain (PSG) winning their respective leagues.




Beside being champions, all the clubs had a common denomination, they are rich.

According to Deloitte report, Bayern Munich had the third most revenue for the 2013/14 season. Barcelona is 4th, PSG 5th, Chelsea 7th and Juventus 10th.

The top two are occupied by Real Madrid and Manchester United. While both did not had a good season, expect Real Madrid to be up there next season. As for Manchester United, they are a club in transition.

Bayern Munich, Barcelona and Juventus had silverwares laden history, so it is not surprising to see their huge fanbases. However, the same cannot be said of Chelsea and PSG. Both clubs were in limbo until they were taken over by billionaire owners.

With the sheer amount of money thrown into the clubs, both Chelsea and PSG were transformed, from also-ran to champions in super short period.

As the silverwares come, so too did the fans. The result? Higher revenues from television, match-day, merchandises and the money-pot Champions League.

The revenue is then spend on strengthening the already winning team, making them almost untouchable.

The big question, money before success or success comes money?

Like all businesses, without a heavy initial investment, one will not be able to bring in the resources to create the product that will bring in the moolah.

So rightly or wrongly, the same is applicable to a soccer club.

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