Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,717 members, 7,955,695 topics. Date: Sunday, 22 September 2024 at 01:04 PM |
Nairaland Forum / Entertainment / Sports / Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc (812 Views)
This Guy Predicted Barca & PSG Match On Facebook (Pictures) / See The Man Teslim Balogun Stadium Lagos Was Named After At QPR,UK In 1957(pic) / Sevilla Continue Their Good Form As They Draw With Barca.madrid 2pts Behind (2) (3) (4)
Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc by davimiles(m): 10:09pm On Feb 12, 2015 |
Some numbers are so big they don't make sense without context. Take £5.136 billion, for example. Obviously the new deal for Premier League TV rights is big, but how big? Well to start with, the Premier League now has a higher annual income from domestic TV rights than the Gross Domestic Product [GDP] of 30 countries. Not only is the Premier League big in Belize, it's bigger than Belize. A total of 25,680 libraries could be kept open for a year, or you could buy Gareth Bale 60 times. Alternatively, £5.136bn is six-and-a-half times the amount the Glazers paid to buy Manchester United in 2005. So it's big. Very big. In practical terms, it means that English football has stolen a march on every other league and every other club in world football. No-one else can compete with this. It is estimated that from the 2016-17 season, the club finishing bottom in the Premier League will earn £99m in prize money, and the champions £156m. Last season Bayern Munich made £26.69m, Paris Saint Germain £32.62m, Juventus £69.69m and Real Madrid £103.79m. So while Cardiff, QPR or Leicester may not be able to compete with the likes of Bayern Munich on the pitch, they can dominate them financially off it. That has a knock-on effect. Last year it was revealed the average Premier League player earns £31,000-a-week. With TV rights going up by 70.2% the footballers themselves will know their worth. Subsequently the top players in the world will suddenly find the Premier League even more attractive. And it is at the lower end of the table where that will be felt most. A regular in Chelsea or Manchester City's first-team is unlikely to be having financial issues, but we could soon see the days where an agent demands £80,000 for Stoke's prospective new right-back. It also makes English clubs even more attractive to investors. It is certainly difficult to justify a season ticket costing over £1,000 when you are making £10.19m from one televised game.
|
Re: Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc by mkpakanaodogwu(m): 10:59pm On Feb 12, 2015 |
See money |
Re: Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc by mandarin: 11:02pm On Feb 12, 2015 |
Its not all that good for English football. Remember there's the effect of the exchange rate as well. |
Re: Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc by davimiles(m): 11:30pm On Feb 12, 2015 |
mandarin:what kinda effect |
Re: Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc by parrotibaba(m): 10:07am On Feb 13, 2015 |
@op at least support goal.com's ministry na? |
Re: Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc by davimiles(m): 12:01pm On Feb 13, 2015 |
parrotibaba:reference |
(1) (Reply)
Which Is More Difficult To Win? Uefa Europa League Or Uefa Champions League / Joseph Yobo's Inlaw / Super Eagles Midfielder Hope Akpan Joins Blackburn / Chelsea Vs Arsenal: Premeir League Today By 12:45
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12 |