Some football clubs are created by firms and this short article reveals a couple of them.
When developing a company, not many individuals would have founding a football club in their business plan, yet it is an efficient way to acquire a loyal following and inadvertent promotion. Bayer 04 Leverkusen is a German football club that was created by the firm within its name, who are still the owners to this day. The pharmaceutical corporation is still the primary share holder of the football club, with Werder Baumann at the helm of the company. It is a lot more typical for a corporation to buy a football club rather
than found one. It might be a fantastic business opportunity to acquire a football club because they are a big provider of revenue, although they are of course very expensive to buy. The income produced through ticket, shirt and player sales is immense, even in comparison to the income of these large corporate owners. Injecting money into a club can win over the support of the fanbase and highlight your firm to the sporting world in general.
In the French Ligue 1, AS Saint-Etienne was founded by one of the largest supermarket and retailer enterprises in France, which is today managed by Jean-Charles Naouri. What started as a small business idea in the late 19th century, is now one of the largest businesses in France. The football club has developed in a comparable fashion; having won ten league titles and finishing second in the European cup, they are among the greatest clubs in France. The club and company have become less interconnected over time, so the only link they today have is their traditional connections and founders. The unique business idea to create a football team is limited to a couple of providers, as many teams are founded through towns or other cultural teams. There are a smattering of teams that have been established in the past few years, which triggers an agitation amongst the football traditionalists, although many other fans welcome the fresh competition.
The way in which football clubs are founded are numerous, however some were founded by businesses or companies. Many teams have cities or communities underpinning their formation, but there are a couple that are created by a company. These may have been small businesses when they created the football teams, but they are today leaders in the corporate world. PSV, a member of the ‘big three’ in the Dutch league, was established by a Dutch tech leader with current chief executive Frans van Houten. What was just a social idea for a business, is now actually a profitable business idea. When they built the club over a hundred years back, they could not have envisioned how big, lucrative and
effective the football team they founded would develop into.