How do you go from life in the City to working as a football manager? That is what ex-Brentford, Rangers and Nottingham Forest manager – and former city trader - Mark Warburton did. He joins broadcaster Georgie Frost and assistant editor Lee Boyce to reveal how he made a leap from a 20-year career in London's financial world to football management at 40. He also discusses how there are no Brexit plans for English Premier League in Europe, whether the global power balance is shifting, and what this means financially for football in the UK. Meanwhile, after an exhilarating weekend of rugby – mainly for the Welsh and Scottish fans - the future of the Six Nations and indeed the sport itself appears to be at a crossroads, with potential private equity investment on the cards. And England coach Eddie Jones has vowed to get in a sports psychologist after letting a huge lead slip this weekend – are they worth hiring? Nike nails its colours to the mast with women's sport by announcing a shirt sponsorship deal for 14 nations ahead of the World Cup – and it's revealed that the England women's rugby team was paid exactly £0 for winning the Six Nations Grand Slam.
Heimo Hammer is a former professional footballer who’s once hung out with Bono from U2, launched one of the first live streams on the (then) fledgling internet, and designed and built his own solar-powered electric car long before Elon Musk had thought about the Tesla! He’s always had an interest in marketing and advertising, spending time working for Bates and McCann Erickson and later joining Siemens as Head of Advertising. He signs off every correspondence with ‘feel good’. He runs his own digital agency in Vienna, Kraftwerk, and is involved with the ‘Fast Forward Forum’. This is an annual event where leading fi¬nanciers, marketers, consultants, entrepreneurs and mentors discuss and predict future trends and needs.
Premiership rugby champions Saracens deny they breached salary cap regulations after recent allegations, while Manchester City are in the UEFA spotlight over Financial Fair Play. On the latest This is Moneyball podcast, assistant editor Lee Boyce and co-host Georgie Frost take a look at salary caps and whether they work in sport – with many top US sporting leagues having them. Christopher Stoner QC is our guest this week, as he helps navigate through the maze – and also helps take a look at what the FFP is, and whether it is working. Sir David Crausby, MP for Bolton North East joins us to tell us what is going on at the Trotters, with the future of the historic club in limbo – have the new potential owners been vetted enough? Elsewhere, we talk about the weekend of bad football 'fan' behaviour at grounds in England and Scotland, with Jack Grealish being punched in the Aston Villa vs Birmingham game – can more be done to protect players? The United States women's soccer team files a gender discrimination lawsuit and a bunch of 'cyber nerds' attempt to take over a Staffordshire football club – and fail.
27 years after the founding of the Premier League, it would be difficult for anyone to argue that it is anything other than a great success story. It’s the poster boy for a global, open, free-trading Britain. The beautiful game and the English league is an incredibly successful export business. But players’ enormous salaries, and transfer fees of hundreds of millions of pounds are variously described as obscene, ludicrous and even unsustainable. Each year the eyewatering amount of money spent in the business is not merely sustained, it zooms upwards year after year. In 1981 fewer than ten first division English footballers earned more than £175,000 a year. Now, the average player commands 15 times that. But there are many that long for the post-war era of English football - the so-called halcyon days of the game - when footballers were skint and players might have only received £10 as a signing-on fee from a transfer worth £35,000 to the club. Are they justified in missing the romanticism of the game? Or is this a bygone era best forgotten about in the age of hyperglobalisation? Joining the IEA's Digital Manager Darren Grimes to discuss is Mark Littlewood, Director General of the IEA.
ETFs (exchange traded funds) have revolutionised the investment world, offering a wide range of new opportunities for private investors. A new book on the funds has just been published called ‘The Ultimate ETF Guidebook’. Beginners can easily read the book, and more experienced investors will probably find fresh insight as well. In the latest edition of The Big Call, Ed Bowsher talks to the co-author of the book, David Stevenson.
The football managerial sack race is well and truly on. Claude Puel has left Leicester, Claudio Ranieri departed Fulham – while long-standing Rochdale boss Keith Hill has been axed. Lee Boyce and co-host Georgie Frost talk about the bizarre world of football management - there aren't many jobs you go into knowing you're going to get sacked, probably within three years. We all think we'd do the job well – probably from days wasted playing computer game Football Manager – but is that the reality? We also reveal what happens with compensation, with specialist employment lawyer Victoria Mitchell from Farleys lifting the lid. Elsewhere, we chat through the multi-million pound Manchester City/Puma deal with sports sponsorship expert Nigel Currie. Wrestling on your honeymoon? We talk to Wrestling Travel founder Lee McAteer who set up a holiday business specialising in the billion-dollar industry. Paypal offers sports teams an easier payment method, is the World Rugby League idea all about the money – and should Tottenham really sell Harry Kane?
How important is being able communicate effectively and calmly as a leader? This is Money assistant editor Lee Boyce and broadcaster Georgie Frost have Steve Sallis, founder of Solutions Mindset, in the studio this week for secrets on how to give team talks and man manage troublesome 'star' players. Elsewhere, Nike saw more than a billion dollars wiped of its value after new Duke College basketball star Zion Williamson – dubbed the new LeBron – saw his shoe 'explode' just 30-odd seconds into a match-up against North Carolina. Former President of the United States, Barack Obama was there and tickets were selling for five-figure sums. We have self-confessed sneaker geek George Sullivan, chief executive of Sole Supplier, to tell us about the impact, and how important sports endorsement deals are now for consumers. And our question of the week: is it fair that Wimbledon are offering hospitality tickets to ladies final for £1,550 a pop – but for the men's final, it's almost three times the price?
Clive is a former director at KPMG, and following an infamous dismissal, founded Hyman Capital 14 years ago. He’s a science graduate of Cambridge University; later scored (almost 100%!) marks in his accountancy exams. He’s a keen sportsman and has recently branched out into film financing. His big tip is to listen to the customer, whatever your business. His other claim to infamy is that he was run over once by Professor Stephen Hawking.
Andy Clements is the CEO at the British Trust for Ornithology. He discusses his love of birdwatching (naturally!), an eclectic range of musical memories from many different stages of his life, and his recent foray into rowing; as well as his time spent helping to set up Natural England before joining the BTO in 2007.
Alistair McQueen is head of Savings and Retirement for Aviva plc. He's been with the organisation in its various incarnations since joining the then Commercial Union as a graduate trainee. He's a self-confessed savings geek, and urges us all to start on a pension plan if we haven't already. He's happy to confess his big business bloopers in this edition (sending confidential information in 'all-staff' email by accident!). Away from the business, he's a keen singer and runner.