“Ironically US sports leagues are socialist, while European sports is a wild west”

Ironically, the U.S. sports leagues are run on a relatively socialist distribution model, while in Europe the sports business is a complete free- market wild, wild west, where in the end something like 90 % of the revenue goes to probably less than 10 % of the clubs in Europe. As a result, in Europe, for the most part, the rich get richer, the middle clubs stay in the middle, and the poor stay poor. Too many clubs receive subsidies from owners and municipalities. There is too much debt. Relegated teams struggle to survive, and promoted teams struggle to stay up, » stated Marshall Glickman (USA) of the sports consulting agency G2 Strategic, to News Tank Football on 02/04/2019.

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