This post will analyse how soccer has become so lucrative in Europe, so keep reading if that interests you.
The football league that creates the most revenue through its T.V. deals plays in England and Wales. The division is watched around the world and, as a result, there is an extraordinary amount of funds to be made from TV companies paying for the rights to air the matches. In the UK, there are a limited range of games televised, as they want to encourage men and women to watch the games live, however in places such as the USA you can watch practically every game. The Comcast boards have been able to secure the rights to play numerous premier division games in the USA, which then allows for a considerable amount of sports marketing prospects for both the TV firm and also 3rd party firms aiming to promote during the game. These good examples of advertising and TV rights give the clubs in the English top division an unbelievable amount of money. The money teams receive can be used to invest in the squads, stadiums, training facilities or merely to line the owner’s pocket, nevertheless fans would hope that the latter is not the case. The remarkable advancements in sports technology, have assisted to generate further revenue for large leagues like the English division but also the more obscure ones from around the world through apps and the like.
The future of club football is a little unclear in the foreseeable future, with assorted governing bodies attempting to generate an international club league. Even so, what is certain is that the huge amount of money being produced will not stop anytime soon. The Gazprom board, the company that sponsors the Champions League, will hope that the brand-new league does not surface, as they sponsor a competition that plays the perfect football in the world. The proposed division would produce more earnings for the top clubs that would be invited to the tournament, so they may push 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 team football.
If you wish to watch evidence of the riches in a football league, then the perfect place to look is at the wages of the players. Professional footballers are among the highest paid sportspeople, and the highest paid footballers mainly play in Europe, which is the hub of the sports industry in football terms. About the most well-known footballers in the world today, who recently signed for the best team in the Italian league, is proof of how much money is in the league. Money in the league comes 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 trickle because of the teams challenging in the division and that will then afford the wages of the footballers.