I see in football that team owners pay a lot of money to buy players, build new stadiums, have many employees and have to pay their salaries every month. However, many times they finish the season without winning the trophy because only one team will win in the end. But the question is, where does the income of these teams come from, that they spend so much and even if they don't win anything, there is no problem for them?
Do football team owners make profit?
- Thread starter Bango
- Start date
Imagine 70,000 people paying $1 or pound as the case may be to see a match live. And then they sell official shirts all across the world. Football business is not in winning trophies. Trophies are just bragging rights. It is all about building a loyal fan base.
Football is one of the most profitable projects in the world today because it is very obvious with the amount of money players are getting paid on weekly basis by their Club.
Football business is for the very wealthy people. It is not any kind of business for just anyone. That is because it might require huge amounts spent to build the brand and attract fanbase.
- Thread starter
- #5
What you say is true, but what about teams that don't have many fans? What about other sports like volleyball? Not many spectators come to watch the competition and no one buys their shirts, but they still participate in the competition every year. How? Where does their income come from?
If you are the owner of a reputable football team, you are making huge money. You can make money from sponsorship, selling broadcasting rights, tickets to view the match, selling merchandise. But owning a football team requires a lot of money. Only the rich can make this kind of investment.
The discussion was about football. All those other sports you mentioned don't have huge investments because of the lesser popularity of them. But basketball and football are really profitable. Even for small teams.
In a country where the footballing culture is high, the team doesn't even need to be doing well before the owner makes money. Manchester united has been disastrous lately but they are still one of the top valuable clubs in the world.
There are many football team owners who tend to make money by sponsoring their teams. They tend to make money by collecting advertising revenue from many different companies and they try their best to promote their products.
The major way to get money for a football club is by selling tickets and that is why some clubs sign players that are very popular so that they can sell more tickets when their loved ones come to watch them
I would believe that if football team owners did not make any profit, they would not want to work within that sector. Football is one of the most profitable businesses in the world and not only do the players benefit from it but so do the team owners as well when it comes to the sales of merchandise and also tickets as well.
- Thread starter
- #20
What you say is true, but I see that the owners of the Juve club say that we have financial debt. Or Real Madrid, even though it has many fans and has won many trophies. Even Barcelona. I have a question, they always say we have debt. So how do they continue to operate?