Friday 14th of February the UEFA announced a penalty to Manchester City Football Club banning them from all European competitions for the following 2 seasons, plus 30 million Euros for breaking the Financial Fair Play Regulations. This opens the question whether football can be a business or part of a bigger business that has a […]
Tag: Finance
Facebook comes to challenge the traditional systems of control
In the light of economic theory, the factors of production are Land, Labor and Capital (the later one seen as supplies and machinery), and during the last decades there has been the need to add Technology to this list. Whomever controls the factors of production, controls the economy. These factors are important for their characteristics […]