In business, companies are judged by how much money they make.
In sport, teams are judged by how many matches and championships they win.
A company wants customers to buy its stuff or use its services. It employs people to make attractive stuff, or deliver must-have services to achieve this.
A sports club wants fans to buy its stuff and watch its matches, but the money this generates is not the main object of the exercise. Winning is.
Building successful teams is an expensive business. It takes time.
According to fans and managers it takes money, too, but sporting life is not that simple. Even if you have unlimited funds, as Manchester City and Chelsea appear to have, you cannot build successful teams instantly. It takes time.
And there is a further complication in football. The employees are all stars. Temperamental, big-headed, stupid stars. You can pay them ridiculous money and give them daft contracts, but if you don’t produce a winning team for them to bask in, they will break their contracts and go to another team.
You could do it without stars. Find some bright youngsters and turn them into a winning team. This takes even more time. And on the way, some of your youngsters turn into stars.
You could try running it like a business. Treat all the players as assets and buy and sell them when the time is right. Mike Ashley is trying this at my club, Newcastle United. It makes winning very difficult and it annoys the paying customers, but football finances have been as stupid as the stars for many years. Who is to say this is the wrong approach?
Sport is much more difficult than ordinary business, so why do businessmen get involved?
Glory. Fame. Crowds chanting your name. You don’t get much of that making widgets.
Nor do you get the venemous hatred sports fans will heap upon you if you fail.
It’s a high-risk venture.
In sport, teams are judged by how many matches and championships they win.
A company wants customers to buy its stuff or use its services. It employs people to make attractive stuff, or deliver must-have services to achieve this.
A sports club wants fans to buy its stuff and watch its matches, but the money this generates is not the main object of the exercise. Winning is.
Building successful teams is an expensive business. It takes time.
According to fans and managers it takes money, too, but sporting life is not that simple. Even if you have unlimited funds, as Manchester City and Chelsea appear to have, you cannot build successful teams instantly. It takes time.
And there is a further complication in football. The employees are all stars. Temperamental, big-headed, stupid stars. You can pay them ridiculous money and give them daft contracts, but if you don’t produce a winning team for them to bask in, they will break their contracts and go to another team.
You could do it without stars. Find some bright youngsters and turn them into a winning team. This takes even more time. And on the way, some of your youngsters turn into stars.
You could try running it like a business. Treat all the players as assets and buy and sell them when the time is right. Mike Ashley is trying this at my club, Newcastle United. It makes winning very difficult and it annoys the paying customers, but football finances have been as stupid as the stars for many years. Who is to say this is the wrong approach?
Sport is much more difficult than ordinary business, so why do businessmen get involved?
Glory. Fame. Crowds chanting your name. You don’t get much of that making widgets.
Nor do you get the venemous hatred sports fans will heap upon you if you fail.
It’s a high-risk venture.