The Business Of Football: Finance, Ownership & Fan Power

The business of football has changed. Many clubs up and down the land are in a precarious financial position, but it sometimes looks like football administrators think the game is immune to the laws of economics.

In this article series, we reflect on why Arsenal is an oasis of fiscal sanity in an orgy of excess.

We contrast and compare different models of ownership in Europe, and the inherent risks they present when it comes to brazen and reckless management.

We also examine the possibilities and viability of fan power; and the participation of supporter groups in decision making and governance. The legal structure of any football club will dictate the decision making processes, but we ask the question about what can be done to rein in enthusiastic owners and directors who lack the strength and character to balance the business acumen required with the needs of the game.

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