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Showing posts with the label media diversity

50+1

  As the world’s game, soccer has been one of the biggest markets in the world for decades. The commercialization of the game is getting more rampant every year, with governing bodies and ownership groups looking to capitalize on its lucrative interest. Unfortunately, because of rising ticket prices and wealthy investors, the diehard fan is getting phased out from the sport. But there is an exception. The German Bundesliga has maintained an elite fan atmosphere across the league even as it has grown financially. Thanks to the 50+1 rule , the Bundesliga has been able to cater to the grass roots communities that have helped the league develop into the powerhouse that it is today. Since 1998, the 50+1 rule has been a staple of German soccer. The law has ensured that every German club must give its members a 50% stake in the team plus one extra share. Unlike in other countries where wealthy moguls are granted total authority to govern the direction of the soccer clubs, the 50+1 rul...