Going Down by Simon Banks
Football's financial bubble has finally burst. After years of growth, the English game is on the verge of bankruptcy with the future of many clubs seriously in doubt. Paradoxically, football's financial crisis has come at a time when the game is earning more than ever before from television, sponsorship and increased attendances. Yet, at the same time, many clubs are saddled with massive debts. Going Down: Football in Crisis explores just how this situation has come about and establishes the resulting consequences for 'the beautiful game'.
Since the formation of the Premier League ten years ago, football has been transformed from a sport into a multi-million pound business - but now that business is in trouble. Up to 30 English Football League clubs are reportedly close to folding, while a number of top clubs are struggling under the burden of massive debt. Going Down looks at the media companies such as ITV Digital who have shelled out millions to broadcast football, and lifts the lid on why they will no longer pay. The role of the governing bodies also comes under scrutiny as the author investigates whether they bear any responsibility for the game's financial plight and if they have they done enough to avert it. It also examines the role of agents and the players' union and asks if they have really protected their clients and members' interests at a time when the gulf between players' wages across the divisions is wider than ever. In the ten years since the formation of the Premier League, the English game has been revolutionised, but at what cost? So far the financial fall-out has been confined to the lower leagues, but how long is it before a major club goes bust? Going Down. examines the options for the future of the English League and tells how it can avoid the financial meltdown it currently faces.
| SKU | Unavailable |
| ISBN 13 | 9781840186376 |
| ISBN 10 | 1840186372 |
| Title | Going Down |
| Author | Simon Banks |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Transworld Publishers Ltd |
| Year published | 2002-09-26 |
| Number of pages | 208 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |