Football’s money-go-round is market driven, says Blatter

money go round

By Andrew Warshaw
September 4 – FIFA president Sepp Blatter says FIFA can do nothing to stop spiralling transfer fees following the world record €100 million sale of Gareth Bale to Real Madrid. Meanwhile FIFA TMS (Transfer Matching System), which monitors the movement of players, is reporting $3.4 billion of player sales globally this year (to September 3), a 29% uplift on 2012.

Read more …

Matt Scott: Carved out transfer deals and the £630m mixed messages

Gareth Bale did not have to stand on an 8m-high temporary platform for his unveiling as a €100 million signing to recognise he had swapped Tottenham Hotspur for a truly global stage at Real Madrid. The 24-year-old was already well aware of his commercial appeal.

In March he registered a stylised rendering of his ‘trademark’ goal celebration, which creates a heart shape from the contact of his index fingers and thumbs, as exactly that: a trademark with the UK government’s Intellectual Property Office.

Read more …

Spend, spend, spend: English top Europe with record £630m outlay

money bag

By Andrew Warshaw
September 3 – Despite UEFA’s financial fair play regulations, English Premier League clubs spent a record £630 million in the summer transfer window that slammed shut on Monday, according to Deloitte’s Sports Business Group. The new tally easily beat the previous record of £500 million set back in 2008, with clubs able to take advantage of the Premier League’s massive television deal without which spending would have been far lower.

Read more …

Teixeira heads for safe haven of Andorra and out of Brazilian reach

Ricardo Teixeira

By Paul Nicholson
September 2 – Ricardo Teixeira, the former FIFA executive committee member and head of the Brazilian football federation (CBF) for 23 years, has applied and, according to reports, been granted residency in Andorra. The landlocked micro-state in the Pyrennees, bordered by Spain and France, does not have an extradition treaty with Brazil, effectively putting Teixeira out of the reach of any potential Brazilian court summons.

Read more …