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Is there too much money in football? Show more Show less

From humble beginnings, football has exploded into one of the most-watched sports in the world. Far from being just a game, football is now a multi-billion dollar industry. But does compromise the integrity of the game? Would football be better if there was less money involved?

No, the amount of money in football is fine Show more Show less

While football and money have become more linked, this has not harmed the game, and in fact may even have improved it
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The money comes from rich owners who can afford it

Much of the increase in money in football is due to cash investments from rich owners such as Roman Abramovich or Sheikh Mansour. If not for football, this money wouldn't go to helping those in need, but to their own private gain, where it may even cause great harm.
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Context

The Argument

Football is partly funded by sponsors and the contributions of fans. However, a large portion of funding comes from the owners of clubs. And these owners are extremely rich people - so rich that they can afford to put millions into their club. For example, Sheik Mansour is the owner of Manchester City. His net worth is around 23 billion euros. Roman Abramovich is another famous owner. He is the owner of Chelsea, and his net worth is around 10 billion euros. And there are plenty of other wealthy owners in football like them.[1] Clubs are funded by extremely wealthy people. It is their choice to put in the amount of money they do. Why should we take issue with them supporting the sport so lavishly? They could easily put that money into upgrading their mansions or buying jets. Instead, they fund an activity that everyone, rich or poor, can enjoy.

Counter arguments

For some of these owners, owning and funding a club is just a vanity project for them. It's just another side project for them that they do for bragging rights. Or it might just be yet another way to fuel their greed. Rangers F.C. is one example of a club that unfortunately falls under this umbrella.[2] This goes to show how the spending on football isn't really meaningful. And this kind of spending on football clubs by owners represents a sad opportunity cost. The money these owners spend could be going directly to charities, fundraisers, or any number of other good causes. Instead, it goes to entertainment. That football is taking away from charitable causes and instead fueling the vanity of rich businessmen and overpaid athletes is a sad state to behold.

Framing

Premises

Rejecting the premises

Proponents

Further Reading

References

  1. https://www.the-sun.com/sport/premier-league/715033/richest-football-club-owners-newcastle/
  2. https://www.reddit.com/r/soccer/comments/1w4h7v/greatest_rags_to_riches_story_in_football/

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This page was last edited on Friday, 26 Jun 2020 at 22:32 UTC