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Post eople. You dont do that unless you a
When Deloitte released the inaugural edition of their superb Football Money League table, Arsenal pipped Manchester United at the post to claim the BPL title, Real were crowned European Champions, Jean Chrétien was our prime minister, Bill Clinton was on the verge of been impeached and, with the additions of the Miami Fusion and the Chicage Fire, MLS was in the throes of its third season. Meanwhile, having just celebrated his third birthday, Cristiano Ronaldo was likely dreaming of one day leading his team out at Estadio Santiago Bernabéu in a Champions League semi-final against Manchester United. Back then, English football’s winningest club had just been anointed by Deloitte as the richest club in all of world football. Trailing in their wake, and by quite a distance, was Real Madrid in the runners-up spot and Bayern Munich rounded out the podium. Not much has changed, you’re thinking. Well, think again. Back then, Manchester United and Real Madrid’s combined income was £160 million ($285 million.) Today, that figure for the biggest one-two knockout combination in all of world football has grown in astronomic proportions. They now sit at a truly mind-boggling €1.064 billion and growing. This works out to a jaw-dropping $1.425 Billion. From my economic perch, this represents, over the lifetime of the Deloitte Football Money League, an almost tenfold increase in incomes. Their inaugural edition represented income garnered from the 1997-1998 season. Following the release of the most up-to-date and 18th edition earlier in the week, it confirmed that, not only did Real Madid win a fabled Decima in Lisbon last May,the Spanish giants have monopolized top spot with Deloitte FC for exactly a decade now. What’s that they say about success on and off the pitch going hand in glove with each other? According to Deloitte for 2013/2014, Los Merengues banked €549.5 million, the equivalent of almost $2 million a day every day for an entire year. If Real spent it all on player acquisitions last summer, they could have bought themselves a Galactico XI made up entirely of 11 Gareth Bales or six Lionel Messis. One wonders how many jerseys that team could have sold. It’s no surprise and based purely on the unprecedented multi-billion-dollar global broadcast deal, which kicked in last season, that the Barclays Premier League dominated Deloitte’s Football Money League table to the point that half of all clubs that make up the BPL now feature in the Deloitte top 20. Just like our traditional leagues - be it the NBA, NHL or NFL - soccer clubs have three core revenue streams. These are comprised of commercial, matchday and broadcast. Over the lifetime of the Deloitte Rich List, a trend which has emerged is that matchday revenues have become a shrinking percentage of the overall revenue. The reason for this is twofold. Very few clubs have seen increase in stadium attendances. Alongside this, the commercial side of football continues to grow at an increasing pace. In some cases, especially for those at the very top, their substantial rises in commercial income evoke irrational exuberance. Take Manchester United as example. Their new jersey sponsor, Chevrolet, who came on board at the start of this season, are reported to have signed a seven-year deal which will pay the Old Trafford club £53 million each and every year. Thanks to the Bank of Canada rate cut earlier in the week, that now works out the price of a pint and pie shy of $100 million per season. To secure such an iconic jersey, Chevrolet had to pay over 50 per cent more this season than insurance giant Aon had to for the 2013/2014 one. Not a shabby raise in pay by any stretch of the imagination. No wonder Gary Bettman looks on with envy. Theres no truth to the rumours, though, that 1-800-GOT-JUNK are in negotiations with the Leafs. Not done there. The club that Wayne Rooney captains starting next season will switch out of the Swoosh for those three stripes next season. Their bill? £75 million per season. Adidass deal with Manchester United stretches a decade long. You do the math. Manchester United’s close to $1.5 billion apparel deal dwarfs any figure in all of world sport. Those world famous Yankee Pinstripes might now begin thinking, just as NYCFC hit the training pitch ahead of their expansion season, they’ve teamed up with the wrong Manchester outfit. So when we factor in just jersey and jersey sponsor-income - before Manchester United have even sold one of their tens of thousands of season ticket or the first pint is drunk of the hundreds of thousands which are poured each season at Old Trafford - the club Malcolm Glazer built into a highly self-sustainable global entity has already banked a cool quarter of a billion Canadian dollars. No wonder in this modern age of UEFA Financial Fair Play, it is no surprise to now know why the team that finished 2013/2014 well out of a lucrative Champions League spot and dropped from first to seventh in the BPL standing were still in such a tremendously liquid financial position to invest over £150 million ($290 million) on upgrades to the talent pool last summer. Im still not sure if the $100 million invested in securing the full time services of Argentine winger Angel Di Maria or lavishing over $25 million for borrowing Radamel Falcao from the tax haven that is Monaco for nine months will be looked back in time as the very best player investments of all time at Old Trafford. A fool and his gold are often parted, they say. At those prices, though, Juan Mata at £37 million this time last year almost sounds like a bargain. Let’s hope for the sake of the diminutive Spaniard he doesn’t become a tax write-off this summer. Louis Van Gaal might be the manager, but the boss these days at Old Trafford was likely schooled at Harvard. In lieu of BPL titles, they most certainly possess an MBA or two. Another disturbing trend we can garner from Deloitte over the past few seasons is that an immense divide is opening up between the haves and have-nots of European football. Plain and simple, Mr. Platini, your football rich have become more enriched, whilst UEFAs football poor are slipping further from the grasp to be in position to challenge for honours as agents for elite talent are not even returning their calls. Even the might of Juventus barely scrape into Deloitte’s top 10 these days. Amongst the top two or three in world football at the start of the millennium, it is no shock to learn that since 2006’s Calciopoli scandal, which rocked Italian football to the core and saw Juventus demoted and stripped of a pair of Serie A titles, their fortunes off the pitch have suffered a most dramatic decline. Such is the overall dominance and influence in the business of football by English club and one that is expected to grow over the short and mid-run, the blue half of Merseyside is the 10th-richest in England. Good for 20th in Deloitte’s table with income last season according to Deloitte of €144.1 million, Everton’s income expressed in USD terms works out at even $150 million. A certain just retired US player spent two very successful loan periods at Goodison Park and Landon Donovan certainly proved over his time with Everton that American footballers could most certainly live and thrive in the rarified BPL area. If Don Garber and his band of merry MLS men genuinely harbour intentions that by 2022 North America’s top tier of football is mentioned in the same breath as the finest leagues on planet futbol, the very first indicator we will get for that is when either the LA Galaxy, or maybe even New York City FC, will feature in Deloitte’s Football Money League. @TheSoccerNoel on Twitter Mirco Mueller Jersey . At a news conference Tuesday where it was thought that the fiery Schallibaum may be shown the door after a dismal finish to the Major League Soccer season, team president Joey Saputo said no decision has been made on whether the Swiss Volcano will be back in 2014. Jamie Langenbrunner Jersey .C. Now hes squarely in the U.S. capital and helping the Washington Wizards playoff drive. John Wall scored 33 points, Gooden got 11 of his 21 in the final quarter and the Wizards overcame a 10-point fourth-quarter deficit for a 101-94 win over the Brooklyn Nets on Saturday night. ... ri-jersey/. New York Red Bulls. TSN primes Vancouver fans for the start of the 2014 season with MLS on TSN: Season Preview Special airing tonight at 7:30pm et/4:30pm pt on TSN2 (encore Friday at 3:30pm et/12:30pm pt on TSN2). Michael McLeod Jersey . Many of those eyes are in the United States of America, a country that the sport has wanted on its side for some time. On Sunday the football Gods delivered once again, only this time it was time for good old USA to experience as much heartache as joy. Pavel Zacha Jersey .C. -- Kurt Busch put his chances at "70 per cent" at running the Indianapolis 500 this year because of recent developments that have pushed a potential program along.NASHVILLE -- With a year-long federal fraud investigation looming over it, the huge truck-stop chain owned by the family of the Cleveland Browns owner and Tennessees governor is doing some housecleaning at its highest levels. Several top executives at Pilot Flying J, including the president, abruptly left this week, more than a year after FBI agents raided the Knoxville, Tennessee, headquarters of the nations largest diesel retailer. Ten former employees have previously pleaded guilty to helping cheat trucking companies out of promised rebates and discounts. Those cases and this weeks departures, observers note, could indicate that prosecutors are entering the final phase of a methodical probe that has included records suggesting Pilot CEO and Browns owner Jimmy Haslam knew of the scheme, something he denies. One expert said Haslam might be cutting ties with his senior staff in a bid to persuade prosecutors not to charge the company his father founded decades ago, one in which his brother, Gov. Bill Haslam, still holds an undisclosed stake. Pilot President Mark Hazelwood and Scott "Scooter" Wombold, vice-president of national accounts, left the company Monday, with Haslam sending a company-wide email thanking Hazelwood for his service but saying nothing about why or how he was leaving. Tuesday saw the departure of five more members of the sales team. Dennis B. Francis, a Knoxville attorney who has worked in federal criminal defence for 40 years, said the only way this weeks departures make sense to him is if some of the people leaving are co-operating with prosecutors. For a defendant to get a lighter sentence than federal guidelines mandate, prosecutors have to file court papers saying that person provided substantial assistance to the government. Once prosecutors have the evidence they need to convict, they no longer offer any promises of special consideration. "They call it getting on the bus," said Francis, who is not involved in the Pilot case. "And theres only so much room on the bus." Wombolds attorney, John E. Kelly, said in an email that his client had been "helping the company repair many customer relationships during the past 14 months. Mr. Wombolds departure from the company is not connected to past guilty pleas entered into by former employees, and any inferencce that there is a connection is not accurate.dddddddddddd" Hazelwoods attorney declined to comment. Company representatives said they couldnt comment on specific personnel moves, which took place while Jimmy Haslam was meeting with fellow NFL owners in Atlanta. "Nothing more should be read into the events of this week than things playing themselves out," spokesman Tom Ingram said Wednesday. "Otherwise, the company continues to go full steam ahead and business as usual, and is doing very well." Jimmy Haslam has denied any previous knowledge of the fraud or any personal wrongdoing. The governor has said he is not involved with operating Pilot Flying J. Pilot agreed in November to pay out nearly $85 million to settle claims in a class-action lawsuit with 5,500 trucking companies. Several companies have filed separate lawsuits against Pilot that are ongoing. Nashville criminal defence attorney and former prosecutor David Raybin said that, based on his observations and experience, the departure of so many managers at once indicates that criminal charges could soon be filed. And he suggested that prosecutors are aiming high. "You dont make a bunch of people plead guilty at the lower levels and then let the top people off with a fine," said Raybin, who does not represent anyone in the case. "Theyre potentially jailing five to 10 people. You dont do that unless you are targeting the highest levels of the company." An affidavit filed last year to obtain a search warrant for Pilot headquarters states that a confidential informant told the FBI that both Hazelwood and Jimmy Haslam knew about the fraud at the company because it was discussed openly at sales meetings where both were present. Randall Eliason, a former federal prosecutor who teaches at George Washington University Law School, said that while the sudden departures are unusual, they could mean any number of things. For example, Pilot might be fearful that the company could be charged criminally, or the companys board of directors may have decided that the people who have left recently were partly responsible for what happened. "One reason the company might fire them is to say, Look, were cleaning house. Were getting rid of the bad people, so dont indict the corporation," Eliason said. Cheap NFL Jerseys Wholesale Jerseys Wholesale NFL Jerseys Jerseys From China Wholesale NFL Jerseys Cheap NFL Jerseys Cheap Jerseys ' ' '

Mon Nov 27, 2017 7:17 am

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Post Re: eople. You dont do that unless you a

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