The Political Economy of Football V2

Tottenham Hotspur, who epitomise the trend, have staged 29 concerts at their plush home in the last two years, with Beyonce, Lady Gaga and Jay Z among those to take over a stadium opened in 2019. Liverpool have also shown an increasing willingness to repurpose Anfield. The last two summers have seen concerts staged over eight nights, hosting Bruce Springsteen, Dua Lipa and the Foo Fighters. None of this is new to Manchester City, either. Aside from the years that have brought redevelopment work to the Etihad Stadium, concert season has become part of the club’s development strategy, with artists such as Ed Sheeran, Coldplay and One Direction among their guests. Arsenal are another to have dipped their toe into those waters, along with Newcastle United, Aston Villa, Sunderland and Ipswich Town. Almost half of the Premier League’s 20 clubs have staged at least one concert in the last three years. “The clubs have to sweat this capital asset,” Ian Nuttall, sports and enter...

There have also been notable changes off the pitch as well as on the pitch at Crystal Palace.  The most visible is the demolition of six houses in a neighbouring street as Palace continue their preparation for the redevelopment of Selhurst Park, their home of 102 years, knocking down the more modern add-ons to the Main Stand and erecting a glass hospitality building. There has also been further infrastructure development with the purchase of land near the existing training ground, the use for which the club is still debating.   Then, on the eve of the first home game of the new season, the club’s ultras, the Holmesdale Fanatics (HF), announced they would be stepping back from activity inside the stadium as an organised group. It is nine years since the stadium improvement plans were first announced, and five since it was originally due to be completed.    Preliminary works were undertaken in 2024 and enabling works continued last summer with club offices relocate...

Aston Villa’s board comprises three of the club’s stakeholders.   Wes Edens and Nassef Sawiris took full ownership in 2019 and sit on the board as Villa’s statutory directors.  Sawiris is more involved on the football side, regularly updated by manager Unai Emery’s senior aides, including director of football operations, Damian Vidagany, with Edens based in North America. In December 2023, V Sports — the ownership group led by Sawiris and Edens — entered into an agreement with investment company Atairos to become a partner, its interest headed by Michael J Angelakis.   The relationship meant V Sports would initially continue to own 100 per cent of Villa and remain in control of all club-related decisions, but the deal with Atairos would see it become a minority partner and Angelakis come in alongside Sawiris and Edens. Shortly after Atairos’ partnership was ratified, four new directors were confirmed on Villa’s board, joining Edens and Sawiris: the Atairos chairm...

Most of the football business news these days seem to be about legal actions or the possibility of them. David Sullivan, the West Ham United co-owner, is suing the BBC for £150 million ($197.8m) over a Panorama documentary in which he was accused of sexual misconduct.   Sullivan is seeking damages after issuing a High Court defamation claim over the programme, ‘Predator: The Billionaire Football Boss’, which aired on June 8. The documentary, made by the BBC with The Times, featured allegations made by seven women about Sullivan’s conduct during the 1980s and 1990s.  Sullivan has denied any wrongdoing. As well as £150m in damages, Sullivan is seeking a court order requiring the removal of the show from BBC platforms and preventing further publication of the allegations — in line with section 13 of the United Kingdom’s 2013 Defamation Act. The BBC declined to comment when asked by The Athletic.   In Sullivan’s claim, which has been seen by The Athletic , he contends...

There has been considerable speculation about the consequences of the findings against Manchester City both for the club and football more generally.   The one confident prediction I am prepared to make is that lawyers, and particularly sports lawyers, can look forward to several years' lucrative work. The Swiss Ramble has undertaken his usual forensic analysis of the financial consequences for City, although until we know what the sanctions are going to be, this is necessarily speculative.   However, he covers a range of scenarios on his Substack page. He also looks at some of the possibilities for law suits.  As he admits, it is not clear which clubs might actually pursue a claim against City.  Only four clubs have preserved their right to compensation under the Premier League rulebook’s section W, namely Arsenal, Liverpool, Manchester United and Tottenham, If these four clubs go ahead, they would be relying on the same rule under which Burnley made a s...

Prime minister Andy Burnham has said he would be “really concerned” to lose Manchester City’s owners as a result of the club being found guilty of more than 100 breaches of Premier League rules. The new Independent Football Regulator (IFR) has the power to oblige an owner to sell the club if they are found guilty of serious wrongdoing. It is also possible that Sheikh Mansour, the vice-president of the United Arab Emirates who is the owner of City, could decide to sell as a result of the scandal. City’s owners invested heavily in Manchester, where Burnham was mayor before becoming prime minister, and he told BBC News: “I would be really concerned to lose them [City’s owners]. They’ve been such a huge partner in the building of modern Manchester. Obviously, the building of Manchester City into the global force that it is. “I can’t intervene more in the process. It would be wrong for me to do that. It would be wrong, I think, to jump to a conclusion before having really studied all ...