Winning In The Business Of Sports Activities
Sustainable provided that it was reaching the final four of the Champions League every year, attracting full homes and at least breaking even within the switch market, Barcelona has achieved something but in current seasons. If this is Exhibit A in a damning case towards football profligacy, Covid-19 delivered the coup de grce. Nothing illustrates the persistent fragility of soccer’s economy more than this fiscal paradox. The little maestro has dazzled opponents for a decade and a half, but his most devastating impact has been to blind his own club to reality. This is an industry where the problems that make headlines are the sharing of revenues, salary caps, luxurious taxes, luxurious bins, and the seek for the subsequent corporate sponsor. The business model for the car may have developed because the Model T, however not with the identical degree of public scrutiny and angst as has occurred in sports activities. Probably most uniquely, this business has a rare stage of dependence...