Galatasaray’s “sporting project”

July 15, 2009

Frank_RijkaardWhile Florentino Pérez has been busy attempting to revenge his fantasy football frustrations (“why won’t The Sun let me have Cristiano RonaldoKaká and Karim Benzema!?”) on Real Madrid, another of Europe’s less glamorous elite clubs has been undoing a “sporting project” of their own.

Galatasaray, the most successful club in the history of Turkish football, recently appointed one of the world’s most successful coaches in Frank Rijkaard – one of the few people in footballing history to have won European and national titles in Holland, Italy and Spain as a player and as a manager. Alongside him, assistant coach John Neeskens, who helped mastermind Guus Hiddink‘s 2006 World Cup heroics with Australia and has worked on and off with Rijkaard for the last 11 years. The pair have been charged with rebuilding a club that beat Arsenal and then Real Madrid in the UEFA Cup and subsequent European Super Cup in 2000, but has since lost their stars like Hakan Şükür, Cláudio Taffarel, Gheorghe Popescu and Gheorghe Hagi.

So what have the dynamic Dutch duo then to arrest the decline that saw Istanbul rivals Beşiktaş pinch the Turkish Süper Lig last year as Galatasaray stumbled to fifth? Well, the team they have inherited is made up mostly of talented domestic players. Aside from some familiar faces to fans of the Premiership – namely Harry Kewell, Milan Baroš and Tobias Linderoth – Brazilian playmaker Lincoln had been their only international player of note. But Rijkaard has been quick to lure a couple of experienced internationals to beef up the Turkish club.

After 11 years playing in Spain’s top flight with Real Mallorca and Atlético Madrid, Argentinean goalkeeper Leo Franco has been recruited to fill the long empty boots of his fellow South American Taffarel. A veteran of the 2006 World Cup, Franco has 21 caps for his country and played more than 300 La Liga games during his reign in Spain. He also representd a great bit of business, having moved on a free after his contract with Atlético expired at the end of June. Yet there is no doubting that Rijkaard is willing to splash the cash, having forked out over £10 million to land former Lyon wide man Kader Keïta. A powerful attacking presence on the right wing, the Ivory Coast international spent two years with the French club – helping them to a record seventh consecutive title in 2008 – and should provide the perfect counterfoil to Kewell’s guile on the opposite wing.

Don’t expect Galatasaray’s activity in the transfer market to stop there, either. In the last few weeks they have been linked to Dutch internationals Klaas-Jan Huntelaar and John Heitinga, West Ham‘s Lucas Neill, and two more Lyon players, Ghana skipper John Mensah and French star Sidney Govou. Whether or not any of these players join Rijkaard’s crusade to Istanbul, expect Galatasaray to join Manchester City in the hunt for a seat at football’s top table next season.

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Football in the recession

June 21, 2009

hammer_to_piggy_bankAny regular followers of this blog will know that updates have been few and far between since May. As the football season has reached its dramatic climax and the transfer window has reopened, the world of work has come under an enormous and ever increasing amount of pressure from the recession. My day job is looking after the marketing for a company called FreshMinds, and our recruitment arm has been at the coal face of the heavy hit job market. So there’s been plenty in the office to keep me busy.

Why then, you might ask, is the transfer market still so robust? While there are announcements of mass redundancies, record levels of unemployment and fewer opportunities for 20-something graduates, the likes Kaká, Cristiano Ronaldo and even Gareth Barry can expect enormous pay rises and staggering signing on fees for their respective transfers to Real Madrid and Manchester City. “Vulgar” – that’s how England and Manchester United legend Sir Bobby Charlton has described Ronaldo’s £80 million transfer fee. And in the context of the wider economy, that’s exactly how the summer silly season feels.

Of course, there are good reasons for this almost counter-cyclical reaction to the recession in football. Firstly, the financial clout of clubs like Manchester City, Chelsea and now even Sunderland is funded through the personal wealth of just one individual. Yes, Roman Abramovich has seen his fortune hit to the tune of more than three billion pounds. But he still has an estimated £7.7 billion – or enough to buy 96 Cristiano Ronaldos or 642 Gareth Barrys. Now Real Madrid is a different kettle of fish, because the Spanish club is built around a membership model with the president (the closest equivalent to an owner) elected by the fans. So the cash for Kaká and Ronaldo has not come from Florentino Pérez‘s back pocket. Indeed, the source of their new found wealth isn’t entirely clear. However, it’s probably safe to assume that it’s derived from a mix of leveraged debt, government backing and Pérez’s promise of an epic volume of shirt sales.

We are also very lucky in this country to have fans who value the sport so highly that they are willing to sacrifice a great deal else in order to support their teams in the Premiership, Championship and league. Even in the midst of the deepest recession since the Second World War, preliminary sales of season tickets have remained pretty healthy, while the top Premier League teams can expect sell outs at the vast majority of their games. As a result, these clubs are able to generate a huge regular income to entice new players and pay the existing ones. What’s more, they are also able to attract wealthy backers (queue Abramovich, the Glazer family and Ellis Short) as going financial concerns.

Admittedly, there are signs that the good times are coming to an end. Setanta‘s failure to pay the Premier League for television rights is an indication that the appetite to watch football is no longer enough to sustain a business. Then there’s the plights of Southampton, Leeds United and notably Luton. Leeds are an interesting example, not least because they suffered their darkest days during the height of the boom – perhaps a better example of financial mismanagement than a victim of the credit crunch. Newcastle take note. But for every Man City or Real Madrid out there, it is worth bearing in mind there’s probably also a clutch of smaller football clubs on the edge. With less of their games on show after the near collapse of Setanta, and fewer opportunities for young British footballers, the true impact of the recession is likely to be felt much more in the grass roots of the game than at football’s top table.

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