Breakingviews

Sky’s insecurity helps Premier League net $8 bln

February 11, 2015

The pay-TV giant is spending 83 pct more than its last deal to retain most of England’s top-flight soccer. Sky can make the sums add up. But runner-up BT is a real threat. And Sky can’t afford to test what losing its football dominance would mean. The big winners are the clubs.

German soccer glory was predictable – with luck

July 13, 2014

Brazil’s World Cup was first-rate entertainment, thanks to many surprising results. In finance, as in sport, forecasting is a dangerous game. But it is where the greatest value lies. The key is to draw conclusions from pertinent facts. Luck helps, too.

If only Argentine economy matched soccer success

July 13, 2014

The nation’s strong World Cup showing reflects astute management of its big fan base and valuable on-field talent. That contrasts with a 100-year record of wasting its human and natural resources. Avoiding policy own-goals could one day make Argentina an economic champion, too.

Evonik in $400 mln soccer deal it doesn’t need

June 30, 2014

The German specialty chemicals company is buying a 9 percent stake in a first-tier soccer team, emulating Adidas, Audi, Allianz and Bayern Munich. But Evonik’s products don’t reach end users. The potential benefits of its deal with Borussia Dortmund are hazy at best.

Numbers show Germany will beat Brazil to World Cup

June 27, 2014

The football-mad host nation has cruised into the knock-out stages of soccer’s jamboree. Some fancied rivals have gone home early. But a Breakingviews calculator – based on hard numbers like transfer value, population and public engagement – suggests Germany will lift the trophy.

English soccer protectionism would be an own goal

June 25, 2014

Even before England’s latest World Cup woes, its ruling body was mulling curbs on foreign players to nurture homegrown talent. That type of “import substitution” could hobble home markets. Financial subsidies for English players to play abroad would work better.

Spexit comes two years late

June 19, 2014

The unthinkable has happened. Spain stayed in the euro but exited the World Cup in the early group stages. The negative correlation with the economy is striking. Like its monarchy, Spain’s national team has modernised less rapidly than its economic policy in recent years.

Brazil’s companies need soccer team’s global clout

June 12, 2014

Itaú and 3G could lead the attack with AB InBev in midfield and Petrobras in goal. But the world’s most glamorous soccer nation, and seventh-largest economy, has few global corporate stars. In a World Cup for business, Brazil would struggle to get past the group stage.

Investors cheer for Brazil World Cup rout

June 10, 2014

Each dip in Dilma Rousseff’s poll numbers bumps the Bovespa. Markets are hoping her experimental economic policies will come to an end at the October ballot. With labor tight and millions lifted from poverty, however, it will take crushing defeat on the pitch for that to happen.

Three ways for FIFA to score on governance

June 6, 2014

Ugly allegations of corruption have caught soccer’s governing body offside. FIFA’s setup has improved lately but its congress is unrepresentative, its executive committee is too large, and its president is too powerful. The beautiful game should shoot for a hat-trick of reforms.