Man United's financial results & The Football Index crash
The Athletic FC Podcast
The Athletic
4.0 • 1.3K Ratings
🗓️ 11 March 2021
⏱️ 43 minutes
🧾️ Download transcript
Summary
Host Mark Chapman and The Athletic's football news reporter Matt Slater speak to Joey D’Urso Investigations Writer covering football for The Athletic about the collapse of The Football Index the so called “football stock market” that has seen users portfolios crash to almost nothing..
And it’s football accounts season - Kieran Maguire from the Price of Football podcast joins us to run the numbers and pick out the talking points from the books of clubs including Manchester United.
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Transcript
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| 0:00.0 | The Athletic. |
| 0:14.4 | Hello, I'm Mark Chapman. |
| 0:15.6 | Welcome to the Business of Sport podcast on The Athletic, |
| 0:18.6 | alongside us from The Athletic Football News reporter Matt Slater. |
| 0:23.2 | Coming up today, we're going to talk to Joey Dursow, Investigations writer covering football for the Athletic, about the collapse of football index, the so-called football stock market that has seen news as portfolios crash to almost nothing. |
| 0:37.8 | And as it is football account season, |
| 0:39.8 | Kira McGuire from The Price of Football podcast joins us |
| 0:42.5 | to run the numbers and pick out the talking points |
| 0:45.1 | from the books of clubs, including Manchester United. |
| 0:48.2 | This is the business of sport from the Athletic. |
| 0:52.1 | Let's start this pod then by talking to Joey Dursay, the athletics investigations writer, |
| 0:57.7 | because he's written both an astonishing and an extensive piece on the collapse of the |
| 1:03.8 | football index. |
| 1:04.9 | We're recording this Wednesday morning. |
| 1:06.5 | The first thing to say, Joey, before we get into explanations, is that by the time this pod drops on a |
| 1:12.4 | Thursday, the story could have moved on again. It is that fast moving. That's right. Things are |
| 1:17.1 | moving very quickly, but this all happened on Friday night. So football index is it calls itself a |
| 1:22.5 | combination of a football stock market, gambling and fantasy football. |
| 1:27.8 | And it's easy to get into very complicated stuff very quickly with this. |
| 1:31.5 | But the principle underlying it is fairly straightforward. |
| 1:34.2 | It's sort of a stock market for footballers. |
| 1:36.1 | So if you buy a messy share will be worth lots of money, |
... |
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