Edward Yardeni, president of Yardeni Research, discusses the impact of bond yields. Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, explains why now is a good time to buy fixed income. Sheila Kahyaoglu, senior equity research analyst at Jefferies, talks about declines in domestic airfares. Steve Pagliuca, senior advisor at Bain Capital, discusses the potential disruption in the premier league due to the recent Saudi investment in football.
The recent Saudi investment in football has disrupted the Premier League by increasing player salaries, which may lead to a change in the league's dynamics.
To compete against price-sensitive players, football clubs should focus on development, smart acquisitions, and attractive team offerings, including sponsorships and commercial ventures beyond the games.
Deep dives
The impact of the Saudi influence on the European transfer market
The Saudi injection of capital has significantly increased player prices in the transfer market. However, it has not disrupted the salary structure at mid-sized clubs like Atalanta. Development and smart purchases are key to competing against price-sensitive players. The emphasis on development and attractive sponsorships will be crucial for success.
The sustainability of the Saudi-backed spending in the Premier League
The Saudi injection of capital into the Premier League has disrupted the salary structure, with players earning significantly higher sums. However, the long-term sustainability of this spending remains uncertain. Clubs must focus on attractive team offerings, including sponsorships and commercial ventures beyond the games, to ensure economic upside.
The need for smart investments and creative strategies in football clubs
Football clubs must be smart in their player acquisitions to compete against price-sensitive players and clubs backed by sovereign funds. Development capabilities, disciplined strategies, and appealing team offerings play a crucial role. It's essential to avoid paying inflated prices for mediocre players and focus on building attractive teams.
The growth and global nature of football
Football's global appeal continues to grow thanks to emerging economies investing in the sport. The injection of capital has benefited the growth of the game. Increased streaming options, easy access to sports teams worldwide, and global viewership have contributed to the rise in value of football teams.
Edward Yardeni, Yardeni Research President, says the Fed can't really afford to see bond yields keep going up. Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says this is the time to be buying fixed income. Sheila Kahyaoglu, Jefferies Senior Equity Research Analyst, discusses air travel and says domestic fares are seeing declines. Steve Pagliuca, Bain Capital Senior Advisor & Atalanta Co-Chairman, says the recent Saudi investment in football may disrupt the premier league as players see pays rise.