The end of corporatism in sport part 1: EPL
This week's Weekend Australian has published a story from The Wall Street Journal about the impact
of the financial crisis on the EPL. Among the issues raised were:
- season ticket revenue likely to fall 5%-10% next season
- clubs likely to reduce ticket costs to encourage fans
- season tickets bought at the beginning of this season had masked the impact of the financial
crisis on fan support (ie they have already paid so they can't save money by not going)
- Player salaries are likely to drop next season as all football countries are likely to be hit
- UK is to increase the highest tax rate from 40% to 50% (this could give Sepp Blatter and Seri A
what they want by forcing mega players to consider other leagues where the rates are lower)
- Clubs are losing major sponsors
- Relegated clubs are going to face a double impact in their struggle to return to the EPL
Note to FFA: watch out this stuff has quite a way to work through the football world (and other
industries)
A seat at the A-League @ May 30, 2009 4:56 PM EDT | Blog Profile
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