Page 7 - TheManger09092011

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— NEWS —
news and views from the dugout
Major League Soccer teams form
consortium to attract music revenue
A group of teams from America’s
Major League Soccer have formed the
Soccer Stadium Alliance, with a view to
attracting the biggest names in music and
entertainment industry to their stadiums.
Te alliance brings together the Columbus
Crew, Colorado Rapids, FC Dallas, Sporting
Kansas City, Philadelphia Union, Portland
Timbers and Vancouver Whitecaps. Te
seven teams will approach artists and their
management as a consortium, but each
venue will act as its own show promoter,
carrying all of the risk and reward.
While the alliance has partnered with
the music production and marketing
organisation Modern Music Services,
venues will also be able to continue their
relationships with other promoters such
as Live Nation or AEG Live. “It is our
enterprise’s goal to be a leader, both within
soccer and across the global entertainment
industry,” said Columbus Crew president
and general manager Mark McCullers.
“Te creation of this alliance will give us
greater opportunities and exposure within
the concert industry and will allow agents
and managers to
bring their world-
class artists to our
world-class venues,”
said Donnie Frizzell
of Modern Music
Spending by Barclays Premier League
clubs approaches £500m during 2011
summer transfer window
Spending by the Barclays Premier League
clubs during this summer’s transfer window
showed a marked increase over activity
in the same period last season, according
to fgures published by business analyst
Deloitte. Tis increase means that England’s
top clubs are once again spending at the
levels last seen between 2007 and 2009.
Tis summer’s combined fgure of £485m
was an increase of almost £120m over last
summer’s outlay, an uplift of 33 per cent.
Five of the top fight clubs – Arsenal,
Chelsea, Liverpool, Manchester City and
Manchester United – each spent more
than £50m on transfers during the summer
(amounting to roughly 66 per cent of the
entire division’s spending), while Stoke City
broke their transfer record by signing Peter
Crouch from Tottenham Hotspur for £10m.
“Tis summer’s spending is largely
focused amongst the top end Premier
League clubs; those most strongly
competing for domestic and European
success and the consequent fnancial
rewards,” said Dan Jones, a partner in
Deloitte’s Sports Business Group.
One notable diference in this season’s
spending patterns was that more money
was spent between English clubs than has
been the case in recent seasons. Fees paid to
overseas clubs amounted to roughly £205m,
down 25 per cent on the previous season.
“Te football authorities’ encouragement
of home grown players has contributed
towards the increased scale of fees for
the transfer of young English talent this
summer,” said Jones.
Tis upward trend is not confned to the
Barclays Premier League, as spending was
also notably higher than last season in the
npower Championship (where clubs spent
£30m) and in some of the major European
leagues. “Despite domestic difculties
delaying the start of their seasons, transfer
spending was considerably up amongst
clubs in Serie A and La Liga,” said Jones.
The business of football
now has its own higher
education institution.
The UCFB College
of Football Business,
based at Burnley FC, will
deliver degree courses in
the sport’s operational
and business facets.
Former FA chief
executive Brian Barwick
will chair the college’s
advisory board, while
former Government
advisor (and Burnley
fan) Alastair Campbell
is also involved.
Sergio Aguero’s
40m transfer
from Atletico Madrid to
Manchester City represented
the single biggest deal during
the summer transfer window.