Posts Tagged report
Football rich list
Posted by Peter Webb in Bet Angel on February 10th, 2011
It is always interesting to read the Deloitte reports. They seem to highlight the significant, and growing, gap between footballs elite clubs and the rest.
Seven of the top ten clubs come from the English premiership. The top clubs even in this elite division are pulling away from the others.
http://www.deloitte.com/view/en_GB/uk/press-release/0966fd0057101210VgnVCM100000ba42f00aRCRD.htm
But there are still a large number of structural issues in the game.
Racing wants more cash
Posted by Peter Webb in Bet Angel on September 30th, 2009
Really very interesting piece on the racing industry yesterday on the BBC web site. You can view the article here: -
http://news.bbc.co.uk/1/hi/business/8280227.stm
You can download the entire Deloitte report by clicking this text, it’s a 7Mb file.
I won’t attempt to summarise or make an opinion on the report but I do think they are slightly off with their figures. Amounts wagered and the levy amount can’t really be compared across such different markets, but I do concede that racing could do with more money but this needs to be tied into modernisation. A big part of the gambling industry is utterly reliant on racing, but then again, the opposite is true also! I think a small increase in funding would surely help the industry which is seeing prize money fall away. But I also think they need to do more to encourage more people into the sport and through the turnstiles.
When I first started on Betfair I knew nothing about horse racing, now I quite enjoy it. That may not have happened if it were not for new technologies. I am sure if they invest in modernising the sport and the structure of the sport, it would pay rewards.