Brazilian football’s missed opportunity

brazilian football clubs corinthians

Global football had its watershed moment in England at the beginning of 1992. The country’s biggest clubs decided to break away from their national football association and form their own league, the Premier League, taking advantage of a massive television broadcasting rights deal in the process.

Clubs around Europe followed suit and the sport became richer than ever. Rights to broadcast England’s Premier League are today worth in excess of USD 17 billion. Six of the top ten most valuable clubs in the world are from England. Manchester United, in pole position, is valued at USD 3.7 billion.

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