The Price of Football SECOND EDITION: Understanding Football Club Finance (Paperback)Kieran Maguire (author)
- In stock
The first edition of The Price of Football quickly established itself as the go-to guide to understanding football club finance for the serious fan. Kieran Maguire, one of the UK's top football finance analysts, shows how professional clubs operate as businesses and explains, in non-technical language, how to read, understand and interrogate club accounts.
As a clear-headed analysis and presentation of the financial imperatives and challenges facing football clubs across the English and Scottish Leagues, it has become a welcome resource not only for students of the industry, but by a wider constituency of supporters looking to understand their club's latest transfer deal, or season ticket price.
This fully revised and updated edition includes analysis of the most recent club accounts, the latest legal rulings on club affairs, as well as the impact of Covid-19 on the game's finances.
Publisher: Agenda Publishing
Number of pages: 240
Dimensions: 240 x 170 mm
Kieran Maguire combines financial expertise with a supporter's love of football, and does very valuable work documenting and explaining clubs' financial workings, including illuminating areas of concern for supporters whose clubs have fallen into crisis. -- David Conn, The Guardian and author of The Fall of the House of FIFA
I have never met anyone like Kieran who is so passionate about the numbers and why they matter. I have never met anyone so dedicated to the idea of transparency; to the notion that football clubs have a legal and moral obligation to lay their books open so that fans can see the figures and make up their own minds about what they mean ... Even more importantly he is able to articulate for me what until now had only been a gut feeling: that football is a wonderful game, but it properly belongs to us not them. Football clubs are an idea, a community, a romance. They belong to fans, not faceless conglomerates who think they can change the very nature of the game for their own personal satisfaction. Thanks to Kieran, I don't just get cross, I can actually begin to explain to people just how unevenly and unfairly the money in the game is distributed. I can explain how and why supporters' trusts and 50+1 models can work. I now know why it's wrong to sell a stadium to yourself, not just morally, but financially. I can casually throw in actual figures when I get cross about the biggest clubs having no care for the smallest, or the women's game having to fight for scraps at the top table. In years gone by, I would just get angry and shout 'agents, bloody agents'. Now, I can tell you exactly why I shout that. -- Kevin Day, from the Foreword
The antithesis to the cliche that football is the beautiful game is the equally cliched statement that football is big business. Kieran Maguire explains the reality behind the latter claim, detailing the vast inequalities of wealth, mainly focused on the English elite levels ... Football doesn't come out of this looking particularly ethical or trustworthy. It is clear that there is plenty of sharp practice permitted within the rules ... Maguire does a fine job of deconstructing those rules, though, and shows how they more likely serve the interests of the big six clubs by protecting their position at the top of the Premier League from nouveau riche challengers ... should be essential reading for anyone even remotely considering investing in football ... For general readers ... it should increase your understanding of what goes on and why. -- Stephen Mumford, Times Higher Education
The Price of Football by Kieran Maguire is an excellent book for anyone who wants to understand how money impacts the game of football. You don't have to be an accountant to understand it. -- Margaret Decker, Birmingham City Supporters Trust
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