The combined big five soccer leagues in Europe made €8bn in revenues last year, estimates Deloitte – less than Marks & Spencer.That can be put into another context -- FIFA's annual revenues are about $1.3 billion.
Here is another calibrator:
The headline grabbing $400m Platinum Equity supposedly paid for the Detroit Pistons this month is equivalent in size to Stein Mart, 468th in the S&P 600 small cap index. (And the retailer makes 10 times the revenues.Sports franchises are less profitable because of the high cost of player salaries:
Incredibly, the market cap of Juventus FC is only 30 times the annual salary of its best paid player. Goldman Sachs’s market cap is 5,000 times its boss’s last pay packet.It kinda turns on its head the notion of bosses exploiting workers.