barcelona boom Essay

Submitted By ndepasquale1
Words: 414
Pages: 2
Open Document
Nicholas DePasquale
Management and Organizational Behavior
May 1st, 2012

The Barcelona Boom The country of Spain is facing a tough financial crisis in current times. However, that is not stopping the biggest soccer club in the world from generating sky high revenues. Soccer club FC Barcelona is one of the most successful soccer clubs in history. They have a fan base the same size if not bigger than most NFL teams in the United States. The fan base of Barcelona is considered a society of its own, especially with their 100,000 seat stadium. The club has an outstanding winning record with four of the last six Spanish titles; three champions league titles, two FIFA world cups, one Copa del Ray, and five Supercopas. With these championships under their belt Barcelona sits comfortably in third place of the world’s soccer club valuations at $1.31 billion. This is huge considering the crisis their country is facing. However, the team must continue to increase revenue to stay competitive and kept the 177,246 shareholders happy. These shareholders elect top management for victory at any cost but disagree with the ideas of ads on jerseys. Spain went on quite the borrowing spree in the past decade in which many of the soccer clubs did too. They took out loans backed by estate properties and spent a lot of their money on players from different parts of the world. With zero debt in 1995, Barcelona plummeted into debt sitting at $612 Million in 2010. The debt has stabilized now and the club is finally getting back on track financially. That is, as long as they can keep winning and maintain growing revenues. They have taken extensive financial strategies to shrink the debt. They have taken care of
Show More

Related Documents: barcelona boom Essay

An Essay on Jamba Juice

Introduction Our product is Jamba Juice and our target country is Spain. We chose this product because it has grown to become one of the nation’s best-known smoothie chains, emphasizing the benefits of a healthy lifestyle and because the company is looking for international expansion opportunities. We chose Spain as our target country for expansion of our product due to its current economic status and economic growth forecasts for the future. This combination provides the firm with an opportunity…

Words 10142 - Pages 41

Summer Olympic Games Essay

The Economic benefit especially Tourism benefit of Beijing Olympic Games Written by Ying Yang Spring 2015 Contents Chapter 1 Introduction…………………………………………………………..4 Chapter 2 The economic benefit for Beijing to hosting the Olympic Games……5 Chapter 3 Tourist industry with Economic……………………………………...10 Chapter 4 The rise of the modern Olympic Games tourism……………………..13 Chapter 5 Beijing Olympic Games on the impact of tourism industry………….15 Chapter 6 Beijing Olympics tourism industry response…………………………18…

Words 5041 - Pages 21

Essay about Winter Olympics 2006 Marketing Plan

Torino 2006: What Kind of Olympic Winter Games Were They? A Preliminary Account From an Organizational and Economic Perspective Piervincenzo Bondonio and Nadia Campaniello  Citius, Altius, Fortius! To what extent does the motto of the Olympics relate to Torino 2006? Has the XXth edition of the Olympic Winter Games (OWG) continued the positive trend whereby each edition, with only a few exceptions, surpasses the one before? In which areas have there been improvements, if any? To what extent…

Words 16254 - Pages 66

Essay on Venezuela FINAL

country, and capital district. Below is a chart of each state, its capital city and state flag. Within these states exists 335 municipalities, which are further divided into parishes. State Capital City 1 Amazonas Puerto Ayacucho 2 Anzoátegui Barcelona 3 Apure San Fernando de Apure 4 Aragua Maracay 5 Barinas Barinas 6 Bolívar Ciudad Bolívar 7 Carabobo Valencia 8 Cojedes San Carlos 9 Delta Amacuro Tucupita 10 Falcón Coro 11 Guárico San Juan de los Morros 12 Lara Barquisimeto 13…

Words 6436 - Pages 26

Management and Generic Managerial Competency Essay

ARTICLE IN PRESS Hospitality Management 22 (2003) 281–295 Competency needs among managers from Spanish hotels and restaurants and their training demands$ ! S. Aguta,*, R. Graub, J.M. Peiroc a Department of Psychology, University of Murcia, Campus Universitario de Espinardo Ed, Luis Vives, 30100 Espinardo (Murcia), Spain b Department of Psychology, Jaume I University, Campus de la Ctra. Borriol, ! 12080 Castellon de la Plana, Spain c " ˜ez Department of Psychology, University…

Words 6238 - Pages 25