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Unbelievable But True...qpr Earns Higher Than Bayern,barca,madrid...etc - Sports - Nairaland

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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:
Its not all that good for English football. Remember there's the effect of the exchange rate as well.
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:
@op at least support goal.com's ministry na?
reference

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