Football’s transfer window activities have evolved over the years. Now, we are in the middle of another transfer window (January, 2014) and all the meaning associated with this. It marks isolated periods of time in which a football club can buy and sell and thus transfer players to re-structure its roster. In today’s professional football […]
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The football transfer market illustrates the transformation economy
By Kenneth Cortsen on December 10, 2013 in Best Of, Sport & Events, Sport Economy, Sport Management, Sport Marketing
Pine & Gilmore’s (1999) bestselling book “The Experience Economy – work is theater & every business a stage” marked the concept’s (i.e. experience economy) rapid blossoming. Following the development of economic offerings, which ranges from the economization of 1) commodities (in the agrarian economy), 2) goods (in the industrial economy), 3) services (in the service economy) […]
Transfer market activities bring excitement and dynamism to the world of football
In the business of football (soccer), leagues, clubs, and players are objects of concentrated discussions and media attention in periods when transfer market activities are peaking. From a business perspective, clubs and leagues find themselves in a context characterized by ‘a pursuit of X-factor’ while the players are striving to find a good balance between […]
Football & the ‘transfer circus’ – star players are part of the clubs’ spending spree
Although different European countries are still struggling to recover from the mode of financial crisis, the football economy is different and hence is characterized by a ‘spending spree’. Competent football players are still in high demand. According to FIFA (2013), total income from 5,204 transfers worldwide was $928.8 mio. (£612 mio). Despite the fact that the […]
Looking at wages and turnover in the English Premier League 2011-2012
This post will give you an indication of what it takes financially to compete with the best football clubs in the UK (Premier League). It also reflects my earlier statement that ‘football is a money game’. According to the Guardian, the Premier League clubs collectively lost £205 mio. in 2011-2012. This is the case at […]