Are the owners and investors making any profits/ returns? π
Are the owners and investors making any profits/ returns? π
This is a pro-fun account.
Thereβs a lot going on, times are hard and they arenβt going to get better any time soon.
Celebrate your half birthday.Make up holidays.Find reasons to gather, party and fellowship.Find your people.Spend time with family and friends. Ignore anyone in opposition to fun.
There is an even bleak situation in Ethiopian football. Clubs outside Addis are operated by city administration. Spending is out of control, especially on salaries. Player and manager salaries now reach around 10x the highest civil servant salary. 70-90% of budgets come for the city's pockets!!!
Here is Motsepeβs βallegedβ presidential bid. You can donate to it too.
pm27.org.za
declaring Sundowns a profit generating club has whispers about Mostepe running for president in South Africa. Iβm sure theyβll say he has made CAF a profit generating institution, made Sundowns a profit generating club and it is time to make South Africa a profit generating country. Aluta Continua
any robust research, journalism or analysis on football business in the continent. When club owners declare profits, or even appear to look financially stable, everyone concludes that βfootball is a multimillion industryβ and so Sundowns must be making millions. Anyway, the same grapevine
Motsepe who is CAF president, owns Mamelodi Sundowns, a club that punches above the continentβs standard in matters club management. As the narrative has it, Motsepe is a successful businessman beyond football and so Sundownβs success is testament to business acumen. This, despite not having
that football in Africa delivers what it is set to deliver. Political capital. Big clubs in each jurisdiction are owned by politicians and people in state patronage networks. If you find a club thatβs not financed by a politician, the financier is someone gunning for a political seat. For example,
the revenue sources. From the European (business) model, one would (as most do) conclude that football in Africa is broken π¬. However! When you check the owners of the clubs, their careers, and their sources of funds and then juxtapose what the ROI in those careers are, youβll reckon
If you ever do the maths for African football clubs including the ones who get to play in the Champions league, you will realise that they barely generate any profit. Not from winning titles, not from merchandise/ ticket/ player sales. The costs of travel, staff expenses etc usually outweighs
Loss making Showmax is dead
www.sportbusiness.com/news/multich...
Btw, I subscribed to this Showmax package when I was in Nairobi. Showed all EPL games, didn't have half time analysis by pundits. It was betting ads after betting ads, after betting ads.
!! my cynical self speculates that the missing stock is intentional and the federations couldnβt care if their jerseys are available or sold because the symbolic representation is enough to point to as βwork.β Master orchestrators of illusions.
I just noticed that CAF has a merchandise section where they sell jerseys for national teams.
Morocco, Egypt, Senegal and Ivory Coast. There is only one country that have their jerseys in stock: Morocco π¬
Same ref who gave the Leeds manager a red card for jogging into the field and not looking like a butterfly while at it π
I just finished listening to a podcast with Daryl Morey of the Philadelphia 76ers, who, when asked what he would change in βsoccerβ, said the rules are stuck in the 16th century. For example, he doesnβt understand how some sanctions can be so disproportionate and the Ramsey red card makes his point
Spot on. I hope the abolition of trafficking is successful first before this symbolic lobby. This is nothing but postcolonial failed states seeking legitimacy outside their jurisdictions.
because these institutions give postcolonial failed states a forum for their symbolic charade. Just like CAF and FIFA with their big needless stadiums in contexts where actual material and structural reform matter.
This resolution is, on one level, about Global North guilt and responsibility. But on another level, itβs about African elites hunting for cheap legitimacy because they have failed to effectively deliver the decolonisation project. Also btw, this is why Iβm with the antiglobal institutions bandwagon
That same state now wants moral authority as the global herald of βthe gravest crime against humanity.β You donβt get to be high priest of slavery memory while running a regime that canβt protect your people from modern forms of slavery. And the same can be said of other states.
Here is why I am not a fan of these symbolic lobbies. The states in Africa are the biggest existential risks to their citizens. At this very moment, Ghanaian citizens are being trafficked because the state canβt or wonβt create livable conditions.
Kagame is a suitable Thielian Antichrist case study: post-genocide he functioned as katechon (the restrainer of chaos). Decades later, the regime is accepted despite its limits because the only imagined alternative is a return to the genocide, aka the Armageddon.
Stumbled upon Tomorrowβs Golf League. I like it. Not the sport/ competition per se. But just how itβs a very βout of the boxβ concept.
The outrage against Rubioβs remarks seems contradictory, if not hypocritical, and unfortunately vindicates the narrative that anti-colonial rhetoric isnβt about colonialism as a structure at allβitβs about the West as a target.
If African leaders are serious about βavoiding a new colonialism,β they need to stop treating colonialism as a West-only costume rather than a structural relationship. Because why is it that Russia and China can reproduce the same dependency architecture?
www.theafricareport.com/408922/ramap...
Fantastic game this. Brilliant football, everyone is brave with the ball, not careful. There is referee drama on and off the pitch, and the crowd is alive. Just needs a goal.
An occupational hazard Iβve been facing lately is interacting with experts whose works have informed and influenced global policy, and reckoning how little they know about Africa. This blind spot isnβt on Africa alone, I have to admit. But that epiphany leaves me with a lot questions.
Interesting take by Slot: βI can live with the red cardβ¦ if you like football you say leave it as it is, itβs a goal, itβs good for them, itβs good for everyone. But if you are the Sunderland manager you prefer to see a red card. And as a rule, then follow the rules, itβs all we ask.β
Iβm assuming the Liverpool players and staff protesting the third goal didnβt consider that Szoboszlai would be sent offβcorrectly, as per the letter of the law?