La Liga is in a worse financial state than the Premiership according to Stefan Szymanski, football economics guru at the Cass Business School, in a Radio 5 interview this morning. He said that apart from Real Madrid and Barcelona, all the teams in La Liga were in financial trouble (and even Barcelona have their problems). Asked why Real Madrid were able to splash out so much cash year after year, he said that their finances were not very transparent but there were evidently poltical considerations involved.
La Liga is in a worse financial state than the Premiership according to Stefan Szymanski, football economics guru at the Cass Business School, in a Radio 5 interview this morning. He said that apart from Real Madrid and Barcelona, all the teams in La Liga were in financial trouble (and even Barcelona have their problems). Asked why Real Madrid were able to splash out so much cash year after year, he said that their finances were not very transparent but there were evidently poltical considerations involved.
Szymanski pointed out that a third of players in the Premier League were English and one would have thought that they would have benefitted from playing alongside world class players from other countries. These players were not affected at the World Cup by the length or demands of the Premiership system. One should not extrapolate too much from a single poor performance in the World Cup.