
The Economics of Football seen through the eyes of Logan Roy
The David McWilliams Podcast
00:00
The Invevel Bastard Child
European football is a bastard case. Every fresh penny they make, hoering their product out is pissed away. It's a dick substitute for billionaires. Wealthy bad actors spunking the top line up the wall and players and Melder Marx and Gucci, it obliges everyone to do the same thing. Leeds back in the days of Peter Ritzdale went very big on exactly what I talked about. They bought Rio Fertenant. They did it with something called a ceiling leaseback mechanism with an insurance wrapper and they got themselves in town. If you can't do something like this, you can write the most beautiful theory and make beautiful points, but people are going to
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