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	<title>Comments on: Football and banking &#8211; similar business models?</title>
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	<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/</link>
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		<title>By: no one</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13311</link>
		<dc:creator>no one</dc:creator>
		<pubDate>Sat, 28 Mar 2009 11:53:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13311</guid>
		<description>who cares if football clubs go bust, record companies go bust, they get bought and sold, let the market sort it out

really we have much bigger problems to worry about</description>
		<content:encoded><![CDATA[<p>who cares if football clubs go bust, record companies go bust, they get bought and sold, let the market sort it out</p>
<p>really we have much bigger problems to worry about</p>
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		<title>By: Daniel1979</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13310</link>
		<dc:creator>Daniel1979</dc:creator>
		<pubDate>Sat, 28 Mar 2009 10:35:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13310</guid>
		<description>I believe David Cameron is looking to use new technology outlets in campaigning, he must surely support &quot;on message&quot; You Tube video making.  I am sure DC has not missed the Hannan Effect, and surely as leader must be looking at ways to use that to the Conservatives benefit.

There are many blogs and sites that now attest to and record the biased behaviour of the BBC.  HM loyal opposition should not have to go to internet campaigning in the absence of fair reporting from the BBC to have dissenting opinion heard, but if that is what is required then that is what should be done; so as to best serve those people who oppose this Government and its communications wing, the BBC.

By the way, Doug Carswell MP seems equally displeased with the BBC today and seems to be advocating non-payment of the licence fee on his blog as a means of protest.

Reply: This site is my U tube - people can read as well as watch videos!</description>
		<content:encoded><![CDATA[<p>I believe David Cameron is looking to use new technology outlets in campaigning, he must surely support &#8220;on message&#8221; You Tube video making.  I am sure DC has not missed the Hannan Effect, and surely as leader must be looking at ways to use that to the Conservatives benefit.</p>
<p>There are many blogs and sites that now attest to and record the biased behaviour of the BBC.  HM loyal opposition should not have to go to internet campaigning in the absence of fair reporting from the BBC to have dissenting opinion heard, but if that is what is required then that is what should be done; so as to best serve those people who oppose this Government and its communications wing, the BBC.</p>
<p>By the way, Doug Carswell MP seems equally displeased with the BBC today and seems to be advocating non-payment of the licence fee on his blog as a means of protest.</p>
<p>Reply: This site is my U tube &#8211; people can read as well as watch videos!</p>
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		<title>By: David Burch</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13309</link>
		<dc:creator>David Burch</dc:creator>
		<pubDate>Fri, 27 Mar 2009 13:55:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13309</guid>
		<description>Thee is one club in the premiership which has problems which is (name removed). There are others in the lower regions of the league ie Leeds, Swindon etc who have in the past been in trouble financially.

The football league does deduct points if a club goes into administration. The business model for a football club is based on being a fan and I fail to see how most would exist if funded by a normal business model (which involves keeping staff costs firmly under control).

It is clearly only a matter of time (maybe until the end of the season maybe) before financial reality hits this sport.

Why should a highly skilled sports man who kicks a ball around a pitch for entertainment be paid so much more than say a doctor or a nurse who save many lives?

There is a fundamental inequality here.</description>
		<content:encoded><![CDATA[<p>Thee is one club in the premiership which has problems which is (name removed). There are others in the lower regions of the league ie Leeds, Swindon etc who have in the past been in trouble financially.</p>
<p>The football league does deduct points if a club goes into administration. The business model for a football club is based on being a fan and I fail to see how most would exist if funded by a normal business model (which involves keeping staff costs firmly under control).</p>
<p>It is clearly only a matter of time (maybe until the end of the season maybe) before financial reality hits this sport.</p>
<p>Why should a highly skilled sports man who kicks a ball around a pitch for entertainment be paid so much more than say a doctor or a nurse who save many lives?</p>
<p>There is a fundamental inequality here.</p>
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		<title>By: Number 6</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13308</link>
		<dc:creator>Number 6</dc:creator>
		<pubDate>Fri, 27 Mar 2009 09:25:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13308</guid>
		<description>Football and banking are in the same boat, both are run by overpaid egotists who make the mistake of thinking they can never make a wrong decision - we was robbed being the most common whine from the perma tanned tattooed morons on the pitch, while we are being robbed is the cry from the great British public.</description>
		<content:encoded><![CDATA[<p>Football and banking are in the same boat, both are run by overpaid egotists who make the mistake of thinking they can never make a wrong decision &#8211; we was robbed being the most common whine from the perma tanned tattooed morons on the pitch, while we are being robbed is the cry from the great British public.</p>
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		<title>By: no one</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13307</link>
		<dc:creator>no one</dc:creator>
		<pubDate>Fri, 27 Mar 2009 04:03:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13307</guid>
		<description>john

dont be silly

if an employer (a football club or a record company) wants to offer an aritist talent (a footballer or rock star) too much money to work for them its very much the football clubs or record companies fault and not the fault of the footballer or rock star

economics in both are not as black and white as you think, you attract the right rock stars to your label and others follow making them worth more than their sales, theres a whole set of secondary factors

if i was a rock star i wouldnt waste any time trying to &quot;identify millions in revenues&quot; that i am afraid is in most models the record companies problem, although changing with downloads etc but still largely too

and its the same with footballers

you forget how much the well chosen rock stars earn the record companies, and that more than covers all the ones who loose money for them, and this complex little equation works for football clubs too

and then you have the dynamic that many clubs are owned as tropheys and are not strictly run on commercial lines, if some wants to run a racehorse at a loss as fun thats their problem, and if club shareholders want to do the same likewise

so i think your all mixed up on this one

and the johns deacons, john entwistles, etc etc have made the country a lot more money than most &quot;successful entrepreneurs making good returns&quot;

being a entrepreneur is not the only way to contribute to the economy or to be financially worth lots of money

i would have thought conservatives would support such folk

Reply: I am all infavour of people with talent and crowd pulling power earning big money. I am not in favour of overborrowed businesses paying their employees too much and ending up bankrupt, unable to repay their loans.</description>
		<content:encoded><![CDATA[<p>john</p>
<p>dont be silly</p>
<p>if an employer (a football club or a record company) wants to offer an aritist talent (a footballer or rock star) too much money to work for them its very much the football clubs or record companies fault and not the fault of the footballer or rock star</p>
<p>economics in both are not as black and white as you think, you attract the right rock stars to your label and others follow making them worth more than their sales, theres a whole set of secondary factors</p>
<p>if i was a rock star i wouldnt waste any time trying to &#8220;identify millions in revenues&#8221; that i am afraid is in most models the record companies problem, although changing with downloads etc but still largely too</p>
<p>and its the same with footballers</p>
<p>you forget how much the well chosen rock stars earn the record companies, and that more than covers all the ones who loose money for them, and this complex little equation works for football clubs too</p>
<p>and then you have the dynamic that many clubs are owned as tropheys and are not strictly run on commercial lines, if some wants to run a racehorse at a loss as fun thats their problem, and if club shareholders want to do the same likewise</p>
<p>so i think your all mixed up on this one</p>
<p>and the johns deacons, john entwistles, etc etc have made the country a lot more money than most &#8220;successful entrepreneurs making good returns&#8221;</p>
<p>being a entrepreneur is not the only way to contribute to the economy or to be financially worth lots of money</p>
<p>i would have thought conservatives would support such folk</p>
<p>Reply: I am all infavour of people with talent and crowd pulling power earning big money. I am not in favour of overborrowed businesses paying their employees too much and ending up bankrupt, unable to repay their loans.</p>
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		<title>By: Lola</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13306</link>
		<dc:creator>Lola</dc:creator>
		<pubDate>Thu, 26 Mar 2009 21:37:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13306</guid>
		<description>In my big headed way I would just like to point out that I have said for years that the banks were a cartle supplier of a monopoly product.  Am I smug?  Yes.  But I&#039;d rather be rich than right.</description>
		<content:encoded><![CDATA[<p>In my big headed way I would just like to point out that I have said for years that the banks were a cartle supplier of a monopoly product.  Am I smug?  Yes.  But I&#8217;d rather be rich than right.</p>
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		<title>By: chris southern</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13305</link>
		<dc:creator>chris southern</dc:creator>
		<pubDate>Thu, 26 Mar 2009 14:02:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13305</guid>
		<description>If the premiership was interested in sorting out it&#039;s problems, as well as stopping the use of using lower league clubs as feeder clubs (a bit like the mercantile system) then it would bring in wage caps like rugby league did.
the wage caps (not per player but for the team in general) realy did sort the game out and openend up the league to many teams having a chance of winning, instead of one or two dominating because of the financial advantage they had.

football got aborbed by corperatism and as such taken away from the people, it&#039;s time reality was brought back to the game and it was given back to the people.</description>
		<content:encoded><![CDATA[<p>If the premiership was interested in sorting out it&#8217;s problems, as well as stopping the use of using lower league clubs as feeder clubs (a bit like the mercantile system) then it would bring in wage caps like rugby league did.<br />
the wage caps (not per player but for the team in general) realy did sort the game out and openend up the league to many teams having a chance of winning, instead of one or two dominating because of the financial advantage they had.</p>
<p>football got aborbed by corperatism and as such taken away from the people, it&#8217;s time reality was brought back to the game and it was given back to the people.</p>
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		<title>By: Bazman</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13304</link>
		<dc:creator>Bazman</dc:creator>
		<pubDate>Thu, 26 Mar 2009 12:27:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13304</guid>
		<description>Bit like the railways, utility companies, banks, the city, airports, TV, housing, retail, car sales, supermarkets, and so on huh?</description>
		<content:encoded><![CDATA[<p>Bit like the railways, utility companies, banks, the city, airports, TV, housing, retail, car sales, supermarkets, and so on huh?</p>
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		<title>By: Bazman</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13303</link>
		<dc:creator>Bazman</dc:creator>
		<pubDate>Thu, 26 Mar 2009 12:23:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13303</guid>
		<description>No Sky does. They will not cut you off for quite a while if you explain the circumstances. They must know they get scammed, but just absorb the costs. Try that with your utility company and the BBC. They are a bit more expensive than the BBC, but not far behind the utility companies.</description>
		<content:encoded><![CDATA[<p>No Sky does. They will not cut you off for quite a while if you explain the circumstances. They must know they get scammed, but just absorb the costs. Try that with your utility company and the BBC. They are a bit more expensive than the BBC, but not far behind the utility companies.</p>
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		<title>By: oldrightie</title>
		<link>http://johnredwoodsdiary.com/2009/03/26/football-and-banking-similar-business-models/#comment-13302</link>
		<dc:creator>oldrightie</dc:creator>
		<pubDate>Thu, 26 Mar 2009 11:55:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.johnredwoodsdiary.com/?p=3243#comment-13302</guid>
		<description>Lots of similarites and a treasure trove of metaphors! Like useless managers, bribery, control freakery and so on.</description>
		<content:encoded><![CDATA[<p>Lots of similarites and a treasure trove of metaphors! Like useless managers, bribery, control freakery and so on.</p>
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