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Plan for new global football tournament looks at round numbers

Buyout group CVC Capital Partners' proposal for a new global football tournament could make business sense, but getting it off the ground will be tricky.

In football, beauty resides in the wallet of the ticket holder. Fans pay up for match tickets and for the merchandise and TV subscriptions that pay players’ wages.

The Financial Times reported last week that buyout group CVC Capital Partners is considering funding a new global football tournament. Owning such a competition could make business sense but getting this venture off the ground will be tricky.

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    Original URL: https://www.afr.com/world/europe/plan-for-new-global-football-tournament-looks-at-round-numbers-20191208-p53hyk