Saturday, November 14, 2015

Inside Atlético Madrid: can the club go global?

http://www.ft.com/intl/cms/s/2/da99c814-88b2-11e5-90de-f44762bf9896.html#slide1

FT Magazine Cover
Atléti will also gain from a revolutionary change in Spanish football: clubs have just agreed to divide their TV money more equally. “That’s a game-changer,” says Kenyon. For years, every Spanish club negotiated its own TV deal. That suited Real and Barcelona, which in 2013/2014 each got €140m from broadcasters. However, smaller clubs got peanuts. Consequently, Real and Barça monopolised the best players. This inequality allowed a midsized country in economic crisis to fund two world-beating teams. But it also made the Spanish league boringly predictable. As one Atléti official phrases the question: “Do we want to have a league or just two clubs that we clap?” Finally, under pressure from government, Real and Barcelona consented to a new, more redistributive system.