Football has been at the forefront of the entertainment sector for the last 50 years. Masses of people gather around to watch their favorite team play. Not only do they fill the stadia, but also they use televisions or their phones to follow their teams’ performance on the pitch.
Because it has been so popular all over the world, football generates an insane amount of income for the clubs. Tickets, sponsorships, and advertisements bring in cash to the clubs. With such a steady source of income, clubs invest in bigger stadiums, which in turn lead to more income through sales of more tickets than before. Clubs also buy young talents who have the potential to grow into robust players, who could be sold to richer clubs for a considerable profit. This is the business cycle that we see surrounding the triangle formed by clubs, players, and fans.
Yet, football cannot always be profitable as one would expect. Ill-decisions given by clubs as to the transfer policies might be a step backwards. Make too many of such transfers and you will end up with an income loss. If clubs do not behave professionally in managing the team, they might also lose their competitiveness in the sports arena, which might deprive them of a valuable fan base. Without a reliable fan base, the club will not be able to sell tickets or merchandise, which poses as another loss-incurring reality.
Clubs getting poorer in such a fashion experience a downward spiral that can see the team off, making them struggle for years in lower leagues.
No matter how dependent on money football is nowadays, it still is beautiful.
