375 League reform
"We are proud that the Premier League is the most successful league in the field of football and that we are proud to have nearly $2.5 billion in annual operating revenue, far more than any other football league in any country in the world, and we are proud to be the most successful league in football."
Xiao Yu left his seat and walked slowly around the round table where the Premier League bosses gathered.
"But our operating income is not as good as the NBA in the United States, of course, to be fair, our team average income is more than the NBA, but we have fewer teams, so we suffer in total, but we lose to the NFL, and their annual operating income reaches 6 billion dollars."
Most of the Premier League owners present were also involved in other things, but they had no way to refute the series of accurate data put forward by Xiao Yu, because they rarely knew what the sports league market was like.
"We're complacent about the huge increase in UK rights for the next three years, but do you know how much the NFL will pay in the US market for a year? £2 billion! ”
The audience was in an uproar, this is higher than the broadcast fee of the Premier League for three years, which is definitely a surprising statistic!
"The average team income in the NFL league also varies, and the big clubs have good results, high sponsorship fees, and high operating income, but in the NFL league, the ratio of the two teams with the highest income and the lowest income is 2:1, which is praised by many sports economics experts as the most reasonable ratio, because it allows every team in the league to remain very competitive."
Speaking of this, Xiao Yu suddenly smiled, "Guess what, what is the proportion of our Premier League?" ”
Everyone in the audience was speechless, even Manchester United CEO David? Gill didn't dare to speak, because last year Manchester United was the highest-paid team in the Premier League, surpassing the Red Rebels who won the title.
Of course, in this regard, it can be said that Manchester United has succeeded in terms of commercial income.
“5:1! We're more than twice as big as the NFL, twice as much as the NBA, and their TV revenue is evenly shared, but we have to compete based on rankings, which is really good for competition, but it brings another result, the polarization of the rich and the poor, our top 5 teams in the Premier League account for half of the Premier League revenue, what about the rest of the teams? ”
"We can see that the teams that got the biggest share of the profits last season can play in European competitions next season, they can get more income, they can get higher sponsorship fees, but what about the other teams? Some people may want to say that Manchester United, Arsenal and other giants have more attention and deserve more shares, but if one day, when Manchester United meets Leeds United in the Premier League, will anyone watch such a league? ”
Xiao Yu involuntarily raised his tone, he had been preparing for a long time, and the people from the Ministry of Commerce had prepared a lot of materials and research, and finally dared to stand up and challenge the existing Premier League system.
It can be said that before West Ham United, then Leeds United, two once glorious teams were relegated to the lower league, which has to be learned.
"Undoubtedly, I don't deny the contribution of the big teams to the league, but the big clubs are built on the top of the pyramid built by a large number of civilian teams, without which the big clubs are nothing? Are you really going to get all the big clubs to form a European Super League? ”
Xiao Yu sneered, a little sneering.
"Please, everyone, be sensible, sober up, if the giants of several major European leagues unite to form a European Super League, then I can guarantee that within 5 years, this league will collapse, why? Because it's just a castle in the air, a league composed of all big teams, it may be successful in a short time, but it won't last long! ”
This is also the reason why G14 always proposes to have a super league, but it has not been put into practice for a long time, if there are really enough benefits, they will have cashed in a long time ago.
Those people are extremely smart guys, they can't see it, once they do the European Super League, it will inevitably derail from the original league, and at that time, their league will become a castle in the air, no foundation, no competitiveness!
It can be said that the existing model of the European Champions Cup and the League Cup is the most reasonable model at present, the European Super League, that is a floating cloud!
Kenyon is undoubtedly the most business-minded person among all the people present, he is very clear about the intention of Xiao Yu's words, and at the same time, from a business point of view, Xiao Yu's suggestion is very pertinent, especially as a vested interest, Xiao Yu and the Red Rebels behind him are indeed worthy of admiration.
"I agree with Mr. Xiao Yu's opinion, the polarization of profit sharing will only cultivate oligarchs, and everyone who has studied a little bit of economics knows that oligarchs are the most detrimental to economic development, so I support changing the existing distribution model, but I have to remind one point, that is, the change must be slow, otherwise it will bring serious consequences!"
Kenyon's opening was also politely smiled by Xiao Yu, and the support of the two vested interests also put the reform of the Premier League's benefit distribution model on the agenda, especially when Manchester United's David? Jill also supported the time.
The only ones who are not very happy are Arsenal, who have just invested in the construction of a new stadium and the team's financial constraints have made them reluctant to support reforms that will cut their incomes, but seeing that everyone is in favor of them, they can't change much.
Scadmore said on the spot that the proposal would be negotiated by the Premier League, and representatives of the clubs would be invited to sit down for talks and hearings to discuss a feasible distribution model to ensure the distribution of interests among the middle and lower teams.
"I'm very happy to see the proposal passed, it proves that we all care about this league and want to run it better, and here I have a couple of proposals that you can probably negotiate!" After the benefit distribution reform was passed, Xiao Yu threw out his new proposal.
Everyone was also very supportive of Xiao Yu's proposal, and immediately let him continue.
"Some teams may be dissatisfied with my proposal just now, but it doesn't matter, I'll bring you some good ones next!"
Xiao Yu's joke suddenly made many people at the scene laugh happily.
"I think the current Premier League wants to go further, there must be three things, first, to eliminate violence on the pitch, this includes fans, players, and even the tactical style of the team, I don't deny that the fierce, dynamic scramble and physical confrontation are the characteristics of the Premier League, it is very exciting, but the violence on the pitch should be banned, and we should punish those who are violent, because their presence will damage the image of the Premier League!"
Everyone present unanimously supported this proposal, even the Blackburn Rovers team, which has the name of violence, and Arsenal was a little embarrassed, on the one hand, they are victims of violence, but on the other hand, they are also famous violents in the Premier League.
Maybe it's called pain, and happiness!
"Second, to attract domestic fans to spend, according to the data I have obtained, if calculated on a per capita basis, the Premier League's broadcast fee is half of the NFL broadcast fee, that is, if we reach the level of the NFL in operation, we will only double the domestic broadcast fee compared to now!"
This time the audience was in an uproar again, because this is the data that is really related to the income of all teams in the Premier League, so everyone is very concerned, and Xiao Yu's words also let them see that once the Premier League enters the good surname business, it will bring terrible benefits.
But Xiao Yu's surprise is obviously not just the domestic league.
"Third, actively explore foreign markets, football is a worldwide sport, even in the United States, known as the football desert, has a vast football market, we should actively develop these markets, I have calculated, if according to our current overseas copyright income, if we can spread the overseas broadcast of the Premier League to 200 countries and regions, then our annual overseas copyright income will reach at least 500 million US dollars, and this is only according to current standards, with the expansion of our league's influence, I believe that this number will be even larger, even half of the revenue. ”
After this series of discussions, everyone will not doubt the data listed by Xiao Yu, because the data he gave is very true, and everyone knows that the name Xiao Yu itself represents integrity.
They were just shocked by the big cake drawn by Xiao Yu, the overseas copyright income of 500 million a year will be more than doubled now, reaching 25% of the Premier League income, and it is hard to imagine that if only the overseas copyright reaches 50% of the Premier League income, how much benefit will the Premier League team get from it?
That must be a startling number!
"The NFL's overseas rights income is 5% of the revenue, and the NBA's overseas rights income is 130 million a year, and we are better than them in this regard, but this requires us to run together, including the 20 teams in the Premier League, including all the professional teams in England's lower divisions, and it is impossible to rely on the Premier League alone!"
Everyone agreed with Xiao Yu's words, yes, the boss of the Red Rebels had been silent at the previous summits, but today surprised them all.
Painted a big cake for them, and it's still within reach!
"In addition, I think we should reach a consensus and control the salaries of players, I think the NBA and the NFL have done a good job in this regard, and we should regulate the salary structure of players according to operating income, so as to avoid bankruptcy and deterioration of the business environment as much as possible."
"And for those teams who have been relegated from the Premier League, I propose that they should increase their financial protection, such as Leeds United this season, they themselves have a financial crisis, after being relegated to the Premier League, their income has plummeted, and the wages of their players are not guaranteed, and they have fled, which has led to the collapse of Leeds United overnight, and this precedent is worthy of every team to be wary of."
Then Xiao Yu put forward the so-called parachute protection clause, which is to give a certain amount of financial assistance to the Premier League relegated team in the first two years of relegation to help them tide over the difficulties, retain core players, and avoid team collapse, but unlike the parachute clause of the Premier League in the previous life, Xiao Yu believes that if the team returns to the Premier League within two years of relegation, the clause will no longer work.
Leeds United, for example, have been relegated this season and will receive £13 million in financial support over the next two years, but they will not receive the £6.5 million subsidy for the following year if they are promoted from League One next season and the parachute clause lapses.
At the same time, Xiao Yu also proposed that the Premier League should allocate a sum of money every year to cooperate with the FA to support those teams in the lower leagues to improve their youth training, hardware and other aspects to ensure their sustainable operation.
In addition, the Premier League should also work with the FA in terms of business development to give more help to the restructuring of League One, League Two and League C.
Only when the foundation is solid will the Premier League at the top of the pyramid become more stable!
"A good and stable league environment, 20 healthy clubs, and a large, well-established system of lower leagues that can ensure longevity, coupled with an advanced and reasonable youth system, will bring huge changes to England and will also benefit the clubs that everyone here represents."
When Xiao Yu said this, he seemed full of confidence.
"I have reason to believe that as long as we continue in this direction, in a few years, the Premier League will become the most influential and successful professional league in the world!"
(To be continued)