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Showing posts from October, 2017

Penalty beef, £200m men and trends in football club ownership

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Just two months ago PSG's financiers sanctioned the record £200m purchase of Brazil forward Neymar Jr, hoping it would "bring a very positive energy to this club". Last week, Neymar's teammate Cavani, the long-time designated penalty taker, was placing the ball on the spot when his path was suddenly blocked by Neymar. PSG then had to deny reports of an edict to Cavani; abandon penalties in exchange for €1m. The energy in Paris appears far from positive since Neymar's arrival.

Understanding how this 47-year-old Ligue 1 club broke the transfer record (by over £100m), and then its team harmony, in just a single season, requires an analysis of the underlying trends in the acquisition of clubs across Europe.

The bread and butter buyer of a football club was the local boy done good. A businessman from humble beginnings would use part of his wealth to buy his local club. Things could turn sour for the local owner shortly after – unable to juggle the demands of the footb…