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Money and Soccer: A Soccernomics Guide: Why Chievo Verona, Unterhaching, and Scunthorpe United Will Never Win the Champions League, Why Manchester City, Roma, and Paris St. Germain Can, and Why Real Madrid, Bayern Munich, and Manchester United Cannot Be Stopped

Money and Soccer: A Soccernomics Guide: Why Chievo Verona, Unterhaching, and Scunthorpe United Will Never Win the Champions League, Why Manchester City, Roma, and Paris St. Germain Can, and Why Real Madrid, Bayern Munich, and Manchester United Cannot Be Stopped

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  • Stefan Szymanski
  • Bold Type Books
  • Paperback
  • 9781568584768
  • 8.2 X 5.4 X 0.9 inches
  • 0.7 pounds
  • Sports & Recreation > Soccer
  • English
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Book Description

Modern soccer is big business. From the ill-received takeover of Manchester United by the Glazer family to Paris Saint Germain's current shopping spree for the best footballers on the planet, soccer finance has become an increasingly important part of the game.

Barely a summer goes by now without a cherished club going into administration or a wealthy businessman funding a mid table team's ascension to Champions League competitor. Meanwhile, the twice-annual multi-million dollar merry-go-round of transfer season sees players (and now managers) signed for sums thought impossible just a decade ago. Understanding soccer finance has become essential for comprehending the beautiful game. But for many fans, soccer finance remains, frustratingly, a world that is opaque and difficult to grasp.

Stefan Szymanski, co-author of the bestselling Soccernomics, tackles every soccer fan's burning questions in Money and Soccer: A Soccernomics Guide. From the abolition of the maximum wage in the 1960s, through to the impact of TV money both at home and abroad in the 1990s and 2000s, Szymanski explains how money, or lack of, affects your favorite club. Drawing on extensive research into financial records dating back to the 1970s, Szymanski provides clear analysis of the way that clubs have transformed in the modern era.

This book isn't limited to European clubs. Szymanski, a renowned expert on sports management and economics, looks at what we can learn from comparing the ascension of Europe's biggest clubs to their lofty perches and with new financial models across the world. Through careful research and informative stories drawn from around the globe, Szymanski provides an accessible guide to the world of soccer finance.

Money and Soccer: A Soccernomics Guide: Why Chievo Verona, Unterhaching, and Scunthorpe United Will Never Win the Champions League, Why Manchester City, Roma, and Paris St. Germain Can, and Why Real Madrid, Bayern Munich, and Manchester United Cannot Be Stopped

Author Bio

Dr. Stefan Szymanski came to the University of Michigan School of Kinesiology as the Stephen J. Galetti Professor of Sport Management in 2011. Before that he had appointments at London Business School, Imperial College Business School, and Cass Business School, all in London. Dr. Szymanski completed an undergraduate degree at the University of Oxford, and received his PhD in Economics at Birkbeck College, University of London. As a leading expert in the economics of sports in general and soccer in particular, he is widely quoted in the media and has written op-eds for the New York Times, Washington Post, and Financial Times. You can follow him on Twitter (@sszy) and on his blog (soccernomics-agency.com).

Dr. Szymanski has authored more than one hundred academic papers published in reviewed journals, mostly on the economics and history of sport. He is the author of several books, including the New York Times bestseller Soccernomics (with Simon Kuper), the fourth edition of which appeared in 2018. The book has been translated into fifteen languages. A history of sports in Detroit (co-authored with Silke Weineck) will be published in 2020.

Dr. Szymanski has appeared as an expert witness on the economics of sport in numerous court cases on issues such as the collective sale of broadcast rights, the valuation of soccer clubs, and recently for the US Department of Justice on the economics of corruption in relation to the trial of former FIFA executives.

He is currently leading the development of a series of MOOCs (massive open online courses) on programming sports analytics in Python in collaboration with the U-M School of Information.

 

 

Source: University of Michigan 

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