Can the Premier League Teach Us About the Future of the UK Economy? Image

Can the Premier League Teach Us About the Future of the UK Economy?

21 May 2024 - 30 mins
Podcast Series The David McWilliams Podcast

The British are down on themselves, yet one thing they do well is repackage popular culture and the Premier League is a great example of this. Last year, its commercial revenues hit £4.4 billion, with TV rights increasing by 30%. Despite high revenues, 80% goes to player wages, highlighting a unique financial model where the 'workers' benefit most. This global phenomenon mirrors the 'Wimbledon model' where hosting top-tier events doesn't require domestic dominance. It underscores the UK's talent for repackaging and exporting culture as they have always done with entertainment. The UK economy could thrive by embracing globalisation, attracting global talent, and focusing on innovation and cul...

30 mins

Series Episodes

Inside the World Cup's Narco State

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The FT's Simon Kuper joins us to kick off our World Cup series, on why tiny social democracies keep producing the best football teams, why FIFA is laundering reputations for dictators, and why this tournament will say more about geopolitics than any leaders' summit this year. Hosted on Acast. See acast.com/privacy for more information.

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The Coming Water Crisis

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29 mins

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41 mins

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