Keep Net Business Profiles » sports http://www.keepnetflixprofiles.org Business, finance, marketing, and networking information Thu, 29 Jul 2010 04:08:54 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Football: The Phenomenon Of Top Level Sports Business http://www.keepnetflixprofiles.org/management/football-the-phenomenon-of-top-level-sports-business.html http://www.keepnetflixprofiles.org/management/football-the-phenomenon-of-top-level-sports-business.html#comments Sat, 31 Oct 2009 17:53:09 +0000 dederohman http://www.keepnetflixprofiles.org/?p=355
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    For a top club, the players, and leading sponsors such as Adidas, Nike Inc., Groups and Vodafone PLC, it can be said to always bring good news. But what about the other clubs? In all of Europe now recorded about 400 major division team in a state of financial instability, even in 40% of the category “ill.” It has become common discourse, that the only clubs who qualify for the Champions League and UEFA Cup could profit. This means that, although classified as a top club but if it fails to be a champion of one of the championships will be facing financial losses.

    Journalist Jack Ewing in BusinessWeek  note, the clubs in Serie A, Italy lost a total of $ 485 million in the 2002 season from $ 1.4 billion sales-and lost at least $ 360 million in 2003. Apparently, in the year 2004, this prediction much closer to the truth. According to Staudt, former CEO of IBM Germany VfB Stuttgart boss now, one of the Bundesliga club, in England Premier League may only five of the 20 teams which recorded profit before tax in the new season just ended. Staudt is already poor across the world of football business in the end realize that football is not just a sport, but a heavy business world.

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