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The Guardian - UK
The Guardian - UK
Sport
Paul MacInnes

YOU WONT BELIEVE: Relentless hunt for profits still not matching global popularity | Mind Blowing Facts

The draw for the last 16 of the Champions League.
This season’s new format for the Champions League has proved a financial success. Photograph: Pierre Albouy/Reuters

When William Goldman wrote in his memoir Adventures in the Screen Trade that in Hollywood “nobody knows anything”, he coined a phrase that spoke directly to the chaos at the heart of the movie industry. It was a remark made in 1983, the year of classic movies such as Tootsie, Trading Places and Local Hero and an era when the box office was booming.

The phrase came to mind this past week in the ballroom of the Peninsula hotel in London, where the great and the good and the rest of the global football industry gathered for the latest FT Business of Football Summit.

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