Football economics defy the laws of gravity!!

The economics surrounding football clubs here in England & Wales and in Europe are perhaps a contradiction in terms. I think the word "economy" is derived from a Greek word for housekeeping. I don't believe Real Madrid was thinking of its profit & loss account when it shelled out a tonne of cash for Kaka and Ronaldo (let's call it £130m for the two players). I hope Man Utd took straight cash rather than the instalment deal it got for Beckham)
I suppose their market values went down following their lacklustre World Cup
performances. Let's hope the Spanish team wins the European Cup so that it can make some return on its investment.

However, in their way stand the mortal enemy FC Barcelona as well as clubs such as Inter Milan and Manchester United. The draw for the next stage of the European Cup is being held in Monaco tonight. The lure of a Wembley final would be pretty big for the four English clubs in the draw. It would be virtually a home fixture for Man Utd and Chelsea. Hopefully the pitch would be sorted out by then.

Apparently, when Tottenham Hotspurbooked their passage last night, the north London team hit a £20m jackpot. For the first time the capital is putting up three contenders for this competition. I have a shameful admission to make. Although a Cockney Red, I am a bit schizophrenic in supporting Spurs about 49 pct of the time. It was good to see Crouch bagging a hat trick but I suppose a tougher European defence would have countered two of those goals. Although we did not get the robot dance, which celebrated those English goals.

I am breaking one of my New Year resolutions!!

I can't believe Manchester City seriously want to pay a ton of money to get Kaka from AC Milan. With their record they should be buying to improve their defence and midfield. They have got enough Brazilians there why do they want any more?
www.searchaccountant.co.uk
Flo and Elano are exceptionally talented players but in any team you need the good, the bad and the ugly. Flo and Elano are not committed enough in a league, where there are no easy games. Obviously, I am breaking one New Year resolution already by going on about Man City.
You have to build from the defence up. I know the Arsenal fans did not like Gilberto, another Brazilian!!, but he did protect the defence and is sorely missed.
A few years ago Kaka blew Man Utd out of the European Cup. But if he costs £91m or £100m whatever there will never be an economic return on the transfer since it could take two or three years to get into the money-spinning European Cup. He would also have to be handled by a top manager, such as Luiz Felipe Scolari, who is used to dealing with the top players.
Clubs such as Real Madrid have tried the "galatico" policy before and they might have sold a few more shirts in Asia but they have not really succeeded on the
pitch.
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