Money Sticks To Money 2

There’s a nice saying in Hebrew: Shit sticks to shit and money sticks to money.

The revenue to the biggest European clubs

The revenue to the biggest European clubs

This saying can explain why Manchester City jumped so many places in the latest in the Deloitte Money League. It wasn’t because they gained, suddenly, a lot of fans or their sporting success drew oh so many sponsors – it’s because they have a Sheikh and he is “money”. A lot of money. And money, as said, sticks to money. Their “natural” growth is due to sponsors such as Etihad Airways, which their CEO is the brother of Manchester City’s owner.

Money League shows us that money does stick to money and the polarisation between the wealthiest clubs and the rest of the football pyramid, will continue to grow. And the gap between “the haves” and the “have nots” is getting bigger within the Money League. In the 2006 Money League first place Real Madrid had income three times higher than 20th place Lazio. In 2012 Real Madrid’s income stood at €512.6m and 20th place, Newcastle stood at €115.3m – that’s about 4.5 times more.

Money sticks to money and this process will accelerate. As Chief Executive of Supporters Direct, David Lampitt, said: “Whilst this growth is a considerable achievement in a testing economic environment, it masks some of the more concerning aspects of football’s financial situation, namely: the growing polarisation between the wealthiest clubs and the rest of the football pyramid; the lack of focus on sustainability; the uneven distribution of football’s financial resources; the disconnect between clubs and fans”.

The medium sized clubs need to fight this “growing polarisation syndrome” more than anyone else (with new regulations such as salary cap) because if they won’t, they’ll be the big clubs’ next victims.

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