Economy

  • 12.02.2008 /
    The English FA are reported to have agreed to visit Trinidad and Tobago to play a friendly against the ‘Soca Warriors’ subject to two conditions; Jack Warner apologises for calling them an irritant, and an agreement is reached with Trinidad and Tobago players over World Cup monies owed from the 2006 tournament.
  • 31.10.2007 /
    The Premier League is often referred as the wealthiest league in the world. But it does not mean a profitable league. Among the other 72 clubs of the Football League a great part is neither wealthy nor profitable.
  • 29.10.2007 /
    If football is doing so well, why are so many English clubs going into administration? Play the Game took a fresh look at various aspects of the football business including the marketing of European clubs overseas and the search for the “holy grail” of profitability.
  • 29.10.2007 /
    The rewards have never been greater and the price of relegation never higher. But is English football’s financial model sustainable? Play the Game invited a number of experts to examine the state of professional game today.
  • 24.09.2007 /
    The Trinidad and Tobago Football Federation is alleged to have understated its earnings by 173 million Trinidad and Tobago Dollars (USD 28 million), devaluing bonus payments for national team players. A final decision over bonus payments will now be decided by arbitration in London after legal proceedings were initiated in Trinidad on 21 September.
  • 14.07.2007 /
    As Team Nigeria athletes and officials left for the Algeria 2007 All African Games on Friday, stakeholders were calling upon Nigerian President Umaru Musa Yar'Adua to restructure Nigeria's sports and make them independent of government in the area of funding, management and administration.
  • 28.06.2007 /
    In April this year, Robert K. Cheruiyot from Kenya won the annual marathon in Boston and took home 100,000 US dollars in prize money. A week later another Kenyan, Martin Lel, won the marathon in London with a prize of 55,000 US dollars. Prize money from running has become a very important part of Kenya’s economy as many runners take the money home to invest them.
  • 26.03.2007 /
    With a monthly budget under 90,000 US dollars and no more than three thousand supporters at their games, Arsenal de Sarandí is the smallest club in Argentina’s competitive Primera División. Nevertheless, for the first time in its brief 50-year history, Arsenal de Sarandí have reached the top of Argentine football, leading the division after four rounds.

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