The Money Wars

The English Premier League raked in roughly £1.8 billion in revenues in the 2007-2008 season. In comparison, UEFA earned €1.3 billion (£1 billion) in revenues from Euro 2008, and FIFA earned €2.6 billion (£2 billion) in revenues from World Cup 2006. The catch, of course, is that while UEFA’s and FIFA’s most lucrative tournaments are held every four years, 20 clubs from one country are making the same amount of money every year. The Premier League revenue is distributed between the clubs, much like UEFA’s club competitions (the Champions League and the UEFA Cup Europa League earn less than £1 billion every year) and other international competitions organised by FIFA / UEFA (nowhere near as lucrative). When you look at the world of football, you have FIFA, UEFA and the Barclays Premier League as the three most powerful... [read full story]                    

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