Competition

We wrote an article on financialization and soccer for Bloomberg, and it helped us crystallize our thinking on the state of the business of football. On labor costs and competition, on regulation and financialization, on Covid-era changes in the economic environment, on oligarch and state ownership and what it means for solidarity in the capital class, it's all here. A whole bunch of links. Our Bloomberg article: https://www.bloomberg.com/news/newsletters/2025-01-29/how-football-has-become-a-...