Soccer-One horse races abound in Europe, from Bundesliga to Bulgaria - News Summed Up

Soccer-One horse races abound in Europe, from Bundesliga to Bulgaria


European Professional Football Leagues (EPFL), the umbrella organisation which groups the domestic leagues, says one of the problems is the way soccer's European governing body UEFA distributes its prize money from the Champions League. EPFL fears the situation will get worse from 2018-19 when the Champions League prize money will be increased significantly and based on a club's past performances. For example, it calculated that Ukrainian club Dynamo Kiev's Champions League revenue would jump from 26.6 million euros ($28.90 million) per season to 52.1 million in the new system. BUSINESS MODELS"The domestic leagues need to take a bit of responsibility," said Sean Hamil, director of the Birkbeck Sport Business Centre at the University of London. "The business models of the leagues are not sustainable, and that is reflected in the fact that long-term rational investors don't buy football clubs."


Source: dna May 12, 2017 01:52 UTC



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