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SPORTS MARKETING Renaissance Of The Lion: Has The EPL Reignited English’s Football Supremacy In Europe? By Richard Wanjohi Best of the Best... In the heat of the Brexit debate in the English Parliament a few weeks ago, the soon-to-be retired PM Theresa May and Labor leader Jeremy Corbyn were jibing each other about the English teams in Europe. Quoting Corbyn, he stated, “In view of the amazing performance of Liverpool last night, perhaps the prime minister could take some tips from Jürgen Klopp on how to get a good result in Europe.” teams. Both politicians were right to gloat about the dominance of the team. In the most prestigious football leagues in the world, the Champions League and Europa League, England had 4 of its teams in the Finals. What’s even more fascinating, the finalists in these leagues finished 2nd, 3rd, 4th and 5th respectively. If you include the semi-finalists, the top team (Manchester City) and 6th best (Manchester United) from the EPL come into play. To which the PM replied, “I actually think that when we look at the Liverpool win over Barcelona last night, what it shows is that when everyone says it’s all over, that your European opposition have got you beat, the clock is ticking down, it’s time to concede defeat, actually we can still secure success if everyone comes together.” Taking a trip to last year’s World Cup in Russia, England managed to best even the pundits to finish 4th after a fairy tale tournament. Under the guidance of then unfancied Lord Gareth Southgate, as well as a youthful and untested team, the “Three Lions” managed to upset the formbook to book a place in the Semis, only to be undone by the Croats. The gist of the banter was to show the supremacy of the English Premier League Making the semis and accumulating $22 million in prize money as well as The biggest test now for the EPL is how the English democracy negotiates the Brexit process. Having cost two PMs their jobs, the process seems to be claiming heavy political casualties. The economy has also been shook as has been the country’s cur- rency. It is subtly permeating the sports scene albeit not with the pronouncements that the politicos have been warping. 90 MAL30/19 ISSUE related TV earnings, endorsements and sponsorships have seen the English national team become the darling of the English media and companies too. Does this indicate a renaissance of English football? Conquering Europe... Analysis from The Guardian (an English publication) annual review of the English Premier League clubs shows the 20 EPL teams made record revenues of $ 6.09 billion (approx.£4.87b). Compare this with the German Bundesliga which recorded revenues of $ 4.89 billion for 36 clubs in the two top divisions, or the Spanish La Liga with $ 4.87 billion for all 42 clubs in its top two leagues. Notice how the German and Spanish have combined the top leagues compared to the EPL’s 20 clubs? Observers have attributed the record revenues to the EPL’s lucrative international TV rights and once again the top clubs’ European success. This will be translated to increased revenues from UEFA TV and expected prize money. Expanded capacity in the major stadia is also another factor – match-day attendance and season tickets. In the KPMG’s Soccer Clubs’ Enterprise Value 2019 ranking, the EPL’s takes the lion’s share with 6 clubs – with Manchester United at $ 3,56 billion being toppled from the top by Spain’s Real Madrid. London-based and 2019 UEFA Champions League Finalists rounds up the English teams in the top 10 at number 9 valued at $ 1.85 billion.