💸The Illusion of Wealth: Why Football is Such a BAD Business

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  • Опубликовано: 15 дек 2024

Комментарии •

  • @pullTT
    @pullTT  4 дня назад +11

    Hey guys, I made a couple of slip-ups in this video:
    1.Old Trafford is the second-largest stadium in England (75,000), but it’s the biggest one for any Premier League club - the largest overall is Wembley (90,000).
    2.Back in 1983, what we now know as the Premier League (founded in 1992) was called the The Football League First Division.
    These are more like little mix-ups than real factual errors, but I’ll do my best to double-check things more carefully in the future. Thanks for understanding! 😊
    🔔Subscribe to the channel - www.youtube.com/@pullTT

    • @AlenanoB
      @AlenanoB 3 часа назад

      And btw united reached the ucl final in 2011, you said they didnt get past the quarterfinal since 2010

  • @jordan_roadhouse4798
    @jordan_roadhouse4798 3 дня назад +53

    You are crazy if you actually believe the numbers these clubs claim to lose. It's money laundering, writing off loses. There is no way they keep getting investment because they lose money.

    • @ikechukwuvictor4233
      @ikechukwuvictor4233 2 дня назад +5

      Hmmm….another angle. Has to be. Because how can you generate 700m and net profit is 70m. That’s 10% roi for that volume of revenue

    • @hamouda007
      @hamouda007 2 дня назад +1

      why you sound like crying?

    • @Ricardo-i3s7f
      @Ricardo-i3s7f 2 дня назад +5

      There’s a very well known extremely successful Spanish club who I won’t name but play in white that used to buy land from the council at rock bottom prices & sell it on for a tidy profit. You don’t become really successful by chance

    • @artoro8
      @artoro8 День назад +1

      Bro what? If you think these clubs aren't losing money, you're crazy. Sure some executives might be pocketing a bit of that money, but money laundering is actually less serious than forging legal financial documents about an organization.

    • @tomfurstyfield
      @tomfurstyfield 13 часов назад +1

      Or as it's called elsewhere Hollywood acounting

  • @dogedoge-y3h
    @dogedoge-y3h 4 дня назад +8

    W video I already know u dropped another banger without even watching yet

  • @kimanijonez5404
    @kimanijonez5404 3 дня назад +7

    800m euros loan and leaving that out for them to repay is deadly☠☠

  • @nask0
    @nask0 4 дня назад +6

    Great video Ruslan, as always

  • @Toxxsicklemons
    @Toxxsicklemons 4 дня назад +17

    2 minutes in the video and so much information has been said 👏 not only his 2 videos were great ! He delivers great content to us ! Brilliant keep up the vids !

    • @tomfurstyfield
      @tomfurstyfield 13 часов назад +1

      I thought going over the history of football was a bit of a stretch at the start 😂

  • @EDGARLOUIS266
    @EDGARLOUIS266 2 дня назад +2

    Your videos are teaching and give knowledge....
    Please all I ask is don't take too long to post a new video because I love it.

  • @pbh81
    @pbh81 День назад +1

    It's really shocking looking back now at man utd that UEFA or FIFA did nothing to stop people buying clubs and loading the club with debt

  • @sentiasatransformasi
    @sentiasatransformasi День назад +2

    banks really love man utd, n glazers love the banks.. they are financially solid enough to commit to the repayments as their revenue grows.. the goal is not to be debt free.. but to make the owners as much money as possible at the expense of the club

  • @mintywebb
    @mintywebb 2 дня назад +5

    Ood Trafford is the largest stadium in the premier league.

  • @MrMcfire2
    @MrMcfire2 День назад +1

    Ability to qualify easily for the champions league is a great point. There is no incentive to splash out on major transfers

  • @marcgains6605
    @marcgains6605 День назад +5

    Some figures are not quite correct. Old Trafford is the biggest club stadium in England. Wembley does not count as it's the national stadium and no club currently plays there. Tottenham did for a few years whilst their stadium was being build. Also Man United wish they had only spend 200 million on debt interest payments but it's now widely reported to be in excess of 800million GBP and potentially over 1 billion due to restructure and refinancing fees.

  • @crazyfrog9877
    @crazyfrog9877 2 дня назад +1

    Bundesliga got a new deal worth of 4.484 Billion Euros over 4 years (increase of 2%) = 1.121 billion euros per season for first and second division teams.

  • @theyeshhh
    @theyeshhh 8 часов назад

    Man, I love this channel! Very good quality content!

  • @kevnev342
    @kevnev342 3 дня назад +1

    Essentially the glazers are playing the private equity game. Utilising leveraged buyout with minimal risk to them reducing the their taxable income.

  • @ldkellandshaw
    @ldkellandshaw День назад +1

    The fact that you called Old Trafford the second largest stadium in the PL undermines your research. It's the largest. Only Wembley, which is not a club stadium and does not host PL games, is larger.

    • @pullTT
      @pullTT  21 час назад +2

      Let’s be real, this was more of a slip-up than an actual factual error. I put a lot of effort into the research for this video!

  • @dryames4319
    @dryames4319 3 дня назад +3

    10:37 Wrong. Man Utd made UCL final in 2011.

  • @davedave4232
    @davedave4232 День назад +1

    Today's modern football in two words.... FIFA GATE 😂

  • @adam248
    @adam248 6 часов назад

    Great content. I'm subscribing

  • @KrisTheChris
    @KrisTheChris 2 дня назад +1

    There are a few wrong bits of information in here, but nice video overall!!!

  • @davidgonzalez455
    @davidgonzalez455 День назад +2

    The whole Premier League is dirty and it ruined football.

    • @emanuelven10z
      @emanuelven10z 5 минут назад

      Football been ruined for a hot minute brah

  • @JAPARICAN50-50
    @JAPARICAN50-50 Час назад

    That’s because they don’t have commercial breaks from multimillion dollar companies every 30 seconds during an actual game

  • @joseph-sj7do
    @joseph-sj7do День назад +1

    Began in Scotland , spread around world by Scottish Engineers building Railways everywhere

  • @warrenmcgreevy4590
    @warrenmcgreevy4590 18 часов назад

    The Bundesliga recently announced a new tv deal worth over 1 billion dollars

  • @khothatsomoshodi4465
    @khothatsomoshodi4465 3 дня назад

    What a video man. Thank you so much❤

  • @SSannia
    @SSannia 4 дня назад

    I love your videos ❤

  • @TheOG_Podcast
    @TheOG_Podcast 3 дня назад

    Great video, you got yourself a sub

  • @gropatapouf5998
    @gropatapouf5998 День назад

    Nice job.

  • @WatchJapan
    @WatchJapan 2 дня назад +1

    Why is Real Madrid's Club crest on the thumbnail for this video? They weren't mentioned once.
    Why don't you do a video on how FCB paid €8.4M over 20 years to the second in command of the Spanish Referees?

    • @lawrencemicheal3591
      @lawrencemicheal3591 День назад

      You already know what’s going on there.. these are the same people that complain that everyone is against their club when in fact they love sucking FCB off.

    • @sharonmarlowe2313
      @sharonmarlowe2313 День назад

      Soon as they do a video on how RM owns the refs. Franco's team is the most corrupt in Europe

  • @mintywebb
    @mintywebb 2 дня назад +3

    The premier league did not exist xist in 1983.

  • @sharonmarlowe2313
    @sharonmarlowe2313 День назад

    "Weird" isn't the right word. "Corrupt" best describes it

  • @Лютий.хлопець
    @Лютий.хлопець 4 дня назад +1

    Go ahead, Ruslan!

  • @TheChees1996
    @TheChees1996 2 дня назад

    toddy and chelsea will be the first team to show how its done properly once it done

  • @kunaldev1257
    @kunaldev1257 6 часов назад

    ronaldo did play very good at juventus ............the team wasnt up to his mark ........ he tried a lot, ronaldo needed one player as ambitious as him.

  • @futureparklivesport7115
    @futureparklivesport7115 2 дня назад

    Such as ESPN, New York times, Sky Sport, DAZN, Bein Sport, and Espana Sport. Will Ultimately Lose the revenue of $1.4 Million, Based on which club Will lose both matches and tournaments that they've bet on.

  • @sanelenduli4760
    @sanelenduli4760 3 дня назад

    Gud content keep it up

  • @Violancer23
    @Violancer23 4 дня назад

    Well done

  • @ivanv.petkov9902
    @ivanv.petkov9902 День назад +1

    А в период на стегфлация висока инфлация и рецесия?

  • @Tom_murray89
    @Tom_murray89 3 дня назад

    Since Jim Ratcliffe has invested in Manchester United the byword is now cost cutting

  • @winstong7438
    @winstong7438 3 дня назад

    Wow cool vid

  • @yungdkay1008
    @yungdkay1008 3 дня назад +1

    No wonder united are 13th 😅😅
    City did them a favour by gifting them an FA cup

  • @shantiescovedo4361
    @shantiescovedo4361 2 дня назад

    Top leagues also rely on revenues from tournaments and exhibition trips. 8:50.

  • @minibobber
    @minibobber День назад +1

    too much basic info that even 2yr olds know

  • @shantiescovedo4361
    @shantiescovedo4361 2 дня назад

    Why do you keep showing Antony when discussing bad transfer policies?

  • @Bobbibouchersmumwasright
    @Bobbibouchersmumwasright День назад

    Bread and circuses I believe the saying is.

  • @mlg_dog420
    @mlg_dog420 4 дня назад +1

    Молодец Руслан

  • @francomartini4328
    @francomartini4328 5 минут назад

    DAZN is pronounced "Da Zone" not "dozen."

  • @naval-nation2259
    @naval-nation2259 День назад

    Ur just sat here talking about utd.

  • @fiddley
    @fiddley 2 дня назад

    7:01 the Premier League did not exist in 1983 😆

    • @maropengrampyapedi938
      @maropengrampyapedi938 6 часов назад

      He didn't say the premier league,he said the English league

    • @fiddley
      @fiddley 2 часа назад

      @@maropengrampyapedi938 No he didn't - listen for 5 seconds after the timestamp.

  • @VMA1981
    @VMA1981 2 дня назад

    🔴🔴🔴⚪️⚪️⚫️ GGMU ⚫️⚪️⚪️🔴🔴🔴

  • @rasheedstarlet
    @rasheedstarlet 2 дня назад

    Next time show your face fast. I thought you were AI 😅

    • @TheoMos22
      @TheoMos22 2 дня назад +1

      Still be believe he is 😂😂

    • @rasheedstarlet
      @rasheedstarlet 2 дня назад

      @TheoMos22 😅😅😅

    • @pullTT
      @pullTT  День назад

      @@TheoMos22 I exist!)

    • @TheoMos22
      @TheoMos22 День назад

      @@pullTT it’s alive ITS ALIVE !!!!!! 😂😂

    • @pullTT
      @pullTT  День назад +1

      @@TheoMos22 In the next video, I’ll give you a sign, bro. Don’t blink!

  • @kibwanakipoin976
    @kibwanakipoin976 День назад

    AI new content creation tools.

  • @xunliu9653
    @xunliu9653 2 дня назад

    Spurs and Assna have top-10 valuations, which is the stupidest thing I have ever seen. Those Premier League marketing are all scams.

    • @maropengrampyapedi938
      @maropengrampyapedi938 6 часов назад

      People watch spurs and Arsenal,the premier league keeps winning.because of the brand of football played.nobody wants to watch whatever shit you see in serieA or la liga, including trolls like you.arsenal is big...if marketing is what makes the EPL great,then there must he something wrong with real Madrid and Barcelona,they have the biggest social media following..if they cnt convert that into audience,there is something wrong with Spanish football and their marketing teams

  • @помойкамарихуаны-ю3у

    Газу брат

  • @weeJinky
    @weeJinky 2 дня назад

    Football was invented in scotland. Not england. It was in scotland the passing game born. Scotland used the rules written in england but the english were just runnin about dribbling with a ball. They didnt see it as a team sport and seen training as cheating

  • @chineseviking4184
    @chineseviking4184 3 дня назад +8

    Please stop calling man utd ‘Manchester’ it’s embarrassing, just call them united and the other one city

    • @pullTT
      @pullTT  3 дня назад

      ok bro! I'll keep that in mind

    • @khothatsomoshodi4465
      @khothatsomoshodi4465 3 дня назад +11

      That is literally the club name dude.....
      Dont be that guy, appreciate the work❤

    • @chineseviking4184
      @chineseviking4184 3 дня назад

      @@khothatsomoshodi4465 manchester united is not called ‘Manchester’ for the same reason Manchester City isn’t called ‘Manchester’ because then they’d both have the same name

    • @devanman7920
      @devanman7920 3 дня назад +6

      Nothing embarrassing about it. Don't listen to everyone in your comments, some are idiots like this guy 😂

    • @Smokeysettings365
      @Smokeysettings365 2 дня назад +3

      Lool probably a city fan 🤣, there only used to be 1 Manchester btw 💀