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On The Other Side
There has been a lot of focus lately on Premier League clubs and their finances in the wake of COVID-19. With traditional revenue streams wiped out overnight, clubs, like many businesses not already destroyed by the pandemic, are trying to figure out ways of cutting their cloth to survive. The Premier League generates a lot of revenue, but it doesn’t generate a lot of profit in balance sheet terms. Yet most Premier League clubs are owned by billionaires whose wealth dwarfs that of even the best paid players. My sense is that players want to contribute their wealth but want to do so in the right way, it’s a very complicated issue and one we tried to parse on the most recent episode of...
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-5y from Arseblog.com
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