Better to be a spectator than a player
Article Abstract:
Soccer clubs tend to spend a high proportion of their turnover on wages. The wages of players in the English premiership went up by 35% during 1996 to 1997, according to Deloitte and Touche, and the top four clubs were also those that spent most on wages. Wage inflation is continuing and is unlikely to cease until there is no longer funding from TV, which appears unlikely over the short term, since soccer matches are popular TV viewing. The stock prices of quality clubs benefit from takeover speculation. Private investors are better advised to be spectators than to invest in stocks of soccer clibs.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Topiary is back in fashion
Article Abstract:
The hedge fund marketis undergoing a recovery after a loss of confidence following the problems of Long Term Capital Management. This market is examined in detail.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
ADRs and currency exposure
Article Abstract:
The attractions of American Depository Receipts are examined, and the issue of currency exposure is dealt with.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Insurance overload threatens: underwriters seem to be creating more coverages than there are risk exposures. Gathering currency exposure in one basket
- Abstracts: Big doesn't have to be beautiful. Speculators circle round healthcare trust. Vulture funds don't worry us, say trust managers
- Abstracts: Selection of a tax matters partner by the partnership, the IRS and the courts. Selection of a Tax Matters Partner by the Partnership, the IRS, and the Courts
- Abstracts: Caterpillar: two stories and an argument. Finding things out. The limits of postmodernism in accounting history: the Decatur experience
- Abstracts: When liposuction turns into lobotomy. US M and A party is over. Merger giants set to make their mark in 2000