This essay was written as part of final year studies at University College Cork. Class: EC 3119 Capital Markets and Asset Valuation Grade: 1st Class Honours Originally posted on my other blog on 10th of May 2019 here --------------------------------------------------------- Introduction of the Company Manchester United plc, together with its subsidiaries are the owners of Manchester United Football Club which is located in the United Kingdom. In 2017 the franchise was and still is one of the world’s most recognisable sporting entities, making it one of the world’s highest-earning sports teams. In fact, the franchise ranked as the 3rd highest valued sporting franchise behind the Dallas Cowboys and the New York Yankees in the world across all sports. (Forbes 2017) This makes the club which was founded in 1878 under the name Newton Heath the most valuable sports franchise outside of the United States of America as well as the most commerc...
Introduction: It makes sense to start this piece with two quotes from German football journalist and author of a recent book “Football Hackers”, Christoph Biermann who said, “data is part of an ongoing evolution that changes football from a game of opinions into one of knowledge. (Biermann 2019, pg8) The writer also makes the strong point that “the future of football will not simply belong to those with the best data, but those who draw the best conclusions from the information at their disposal.” (Biermann 2019, pg8) This piece will discuss how data analytics and information systems have impacted the world of football and the industries around it over the last few decades. This piece will analyse how data has change football tactics, scouting of players, player fitness and the betting industry. Who is using this data? How is it being used, and why? Definitions, History and Influences “Data analytics is the science of analysing raw data in order to make conclusions about ...
Part 1: Should We Americanize European Football here I want to clarify that I am not suggesting that the European game should copy the American system. Some policies are unusable in Europe, such as the relocation of teams, the lack of promotion & relegation, the match schedules, and the old penalty rules. As suggested in part 1, the MLS or Major League Soccer is a lot more competitive than the European game. This does not mean that the standard is higher, but instead, there are no teams can dominate year in and year out in the same way they do in Europe. The MLS has had six different winners in the last seven years, and this reality is very different from European Leagues or the Champions League. Part 1 explains this in greater detail. In this piece, I will take a look at some of the things the football/soccer organisers do to make the game different in the United States. First of all, some of the key terms that help explain why in the MLS is not so easy to predict and is ever-...
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