Monday, June 22, 2009

Football Economics

I think that it is fabulous news for the UK economy that the Abu Dhabi crew at the City bluesers are spending enormous sums of petrodollars on players transfer fees, and on their wages. For once, instead of seeing our petrol money flooding out of the country to support dictators’ lifestyles, the dictatorships are finally ploughing the money back into the UK via transfer fees, and via the increase in income taxes arising out of the bulging pay packets of moderately skilled footballers. The money flooding back in now is not simply to buy property around Kensington and Chelsea, but actually improves the entertainment value of the country’s game for those oppressed souls living within the UK. I think this is great, and we should encourage this reverse flow with bail-out stimulus for SUV purchases. More petrol purchases = better economy = Premier League retaining some averagely skilled players.