Allonewordnospaces

The boundaries between economics and morality.

I was reading the news today and noticed an article about Man city who finished last season with a deficit of £193 million. They have spent £480million on buying players in the last 4 years.
Children in need just raised a record first night total of £26 million.
I’m not making making direct comparisons between the two things or suggesting that money spent on footballers should be redirected to a charity. It just seems a little crazy sometimes when a player is deemed to be worth upwards of £100m.
How do people come up with these figures? Is it actually what fans want?
I think it’s good that they are introducing new rules that say that clubs can only spend what they earn - but with the amount that clubs spend on players I expect that ticket prices will only rise, making it even more inaccessible for many people to watch. Why can’t someone suggesth that they don’t spend all that money on players, and maybe reduce ticket prices instead. Surely that would be better for the fans.
Having said all that - I still wouldn’t buy a ticket cause I hate the game.