Football clubs have essentially "shut down" in recent months - with no fans at games. The variable cost of fans (security, light, heat, insurance, health and safety, policing, etc.) have largely disappeared. However, the reopening of stadia will bring these costs back. The fixed costs never left e.g. player salaries.
The parallels between economics, finances and football are clear. As a financial business, the football economy has also been affected by global economic conditions, especially its middle class, the average clubs. Football too was forced to sell assets, make internal devaluations and rely on exports.
The economics of football / Stephen Dobson, John Goddard. p. cm. Include bibliographical references and index. ISBN 0 521 66158 7. 1. Soccer – Economic aspects – Great Britain. 2. Soccer ...
Soccer's Impact on the Global Economy. The Fédération Internationale de Football Association, or FIFA, is the international governing body of soccer, the world’s most popular game. FIFA has been under massive scrutiny from the fans, media, and government officials in the past month over the re-election, and subsequent resignation, of their embattled president and corruption charges leveled against nine current and former top FIFA officials.
“Soccernomics [is] a sharply written and provocative examination of the world's game seen through the prism of economics and statistical data. It demolishes almost everything that most soccer fans believe about the game and how professional soccer teams should operate.” —Globe & Mail (Canada) "Oh, Rooney's the best.
Soccernomics: Making Soccer Ball Production More Efficient. In the Pakistani city of Sialkot, Amit Khandelwal discovered a thriving soccer ball industry constrained by a simple economic problem. Based on research by David Atkin, Azam Chaudhry, Shamyla Chaudry, Amit Khandelwal, Eric Verhoogen, and Tariq Raza. YouTube.
Soccernomics is a statistical study of the world’s most popular sport in the vein of Steven Levitt’s bestseller Freakonomics. Authors Simon Kuper and Stefan Szymanski delve into soccer by abandoning all conventional wisdom about the sport and studying it strictly by the numbers.
Research has also shown that economics can provide insight into many aspects of sports, including soccer. Beautiful Game Theory is the first book that uses soccer to test economic theories and document novel human behavior. In this brilliant and entertaining book, Ignacio Palacios-Huerta illuminates economics through the world's most popular sport.