Finance in Football
Finance in football: More than just a sport 1.0 Introduction:
‘’Football has a global appeal beyond that of any other sport. The increase in football’s revenues over the past 15 years has facilitated the transformation of the business - particularly in Europe’s largest leagues – and the impact of football extends far beyond the action on the pitch each week’’ (Dobson and Goddard 2011). The aim of this proposal is to see how the finance in football has changed and how much it controls the sport in the 21st century. Football Is all over the news and watched by millions and the assumption is that there is too much money involved in the game nowadays and that fans are becoming detached from the club they support. The research that will be undertaken will look at how much the income of clubs has increased now compared to 15 years ago and whether there are more sources of finance available to them now and also how it affects the fans and their local communities. A further aim is to get in contact with a premier league club and possibly have an interview with their commercial director and ask about how all the money that these clubs get is distributed into all different parts of the business that they run such as players, maintenance of the facilities and wages. This research will provide a great insight into the running of a club and may change the perception people have about how much money is being ‘splashed’ on players and players wages.
2.0 Objectives:
2.1 The first objective of the proposal is to gather information that clearly shows the increases in investment that have helped the clubs grow and develop.
2.2 To conduct a thorough literature review on 5 books, websites or articles about research that has been done before.
2.3 Show how the increase in finance to the clubs has affected the spread of costs onto the fans.
2.4 Get a face to face or phone interview with one of the leading premier clubs commercial directors or a chairman
2.5 To
‘’Football has a global appeal beyond that of any other sport. The increase in football’s revenues over the past 15 years has facilitated the transformation of the business - particularly in Europe’s largest leagues – and the impact of football extends far beyond the action on the pitch each week’’ (Dobson and Goddard 2011). The aim of this proposal is to see how the finance in football has changed and how much it controls the sport in the 21st century. Football Is all over the news and watched by millions and the assumption is that there is too much money involved in the game nowadays and that fans are becoming detached from the club they support. The research that will be undertaken will look at how much the income of clubs has increased now compared to 15 years ago and whether there are more sources of finance available to them now and also how it affects the fans and their local communities. A further aim is to get in contact with a premier league club and possibly have an interview with their commercial director and ask about how all the money that these clubs get is distributed into all different parts of the business that they run such as players, maintenance of the facilities and wages. This research will provide a great insight into the running of a club and may change the perception people have about how much money is being ‘splashed’ on players and players wages.
2.0 Objectives:
2.1 The first objective of the proposal is to gather information that clearly shows the increases in investment that have helped the clubs grow and develop.
2.2 To conduct a thorough literature review on 5 books, websites or articles about research that has been done before.
2.3 Show how the increase in finance to the clubs has affected the spread of costs onto the fans.
2.4 Get a face to face or phone interview with one of the leading premier clubs commercial directors or a chairman
2.5 To