Magazine
Latest Issue

Investment: Can you profit from sport?

Some people continue to make a handsome profit from our enduring appetite for live sport.

By Andy Davis  

Some people continue to make a handsome profit from our enduring appetite for live sport. Source: Public Domain Pictures

© Public Domain Pictures

What, I wonder, do the stockbrokered classes do with their money, having sold in May and gone away? The summer season being so liberally punctuated with premier sporting events—the Olympics above all—might they not feel tempted to divert some of their now-liquid assets into a sporting venture, to seek returns where they find entertainment?

For those tempted in this direction, the stock market provides few direct opportunities. Sports clubs such as football teams tend to be private businesses and have good reason to remain so, given that most are entirely unacquainted with the routine drudgery of…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect