This short article will analyse how soccer has become so lucrative in Europe, so keep reading through if that interests you.
The football league that produces the most revenue through its TV deals plays in England and Wales. The division is viewed around the world and, as a result, there is an extraordinary amount of funds to be made from TV firms paying for the rights to air the matches. In the UK, there are a limited range of games televised, as they want to encourage people to watch the games live, however in places such as the USA you can watch practically every game. The Comcast boards have managed to secure the rights to play assorted premier division games in the USA, which then allows for a tremendous range of sports marketing opportunities for both the T.V. company and likewise 3rd party businesses looking to promote during the game. These cases of marketing and advertising and TV rights grant the clubs in the English top division an amazing amount of money. The money teams access can be used to invest in the squads, grounds, training infrastructure or simply to line the owner’s pocket, even so fans would hope that the latter is not the case. The extraordinary advancements in sports technology, have assisted to create further revenue for big leagues like the English league but likewise the more obscure ones from all over the world through apps and the like.
The future of club football is a little unclear in the predictable future, with various regulating body attempting to produce an international team league. Even so, what is undeniable is that the huge range of money being produced will definitely not stop anytime soon. The Gazprom board, the firm that sponsors the Champions League, will hope that the brand new division doesn't surface, as they sponsor a tournament that plays the very best soccer in the world. The proposed league would produce more earnings for the leading clubs that would be invited to the tournament, so they may drive for it to be created, but their fans will most likely fight this as it alters what has been a century long heritage of domestic club football.
If you wish to watch evidence of the abundance in a football league, then the top place to look is at the wages of the players. Professional footballers are one of the highest paid sportspeople, and the highest paid footballers mainly play in Europe, which is the hub of the sports industry in soccer terms. One of the most popular footballers in the world today, who recently signed for the very best club in the Italian division, is proof of how much money is in the division. Money in the division originates from deals such as the one struck by the Telecom Italia board with the league to have naming rights over it, the cash from said deal will then drip down to the clubs competing in the league and that will then pay for the wages of the players.