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The booty-full game

In football, managers matter. But not as much as money does

By J.M.F. and D.H.

In football, managers matter. But not as much as money does

WHISTLES were blown across stadiums of the English Premier League on May 11th, bringing the domestic football season to an end. Manchester City were crowned as champions, confirming what most pundits had anticipated at the beginning of the season. For many, it was a foregone conclusion. City are the richest club in the league (they are owned by an Emirati billionaire). This affords them the best players, and they lavish the greatest amounts on pay, spending £330m ($550m) last year. Liverpool, who valiantly fought City to the wire, spent £100m less on remunerating their team. Just how much does money matter?

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