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[3:8] (Mereka berdo'a): "Ya Tuhan kami, janganlah Engkau jadikan hati kami condong kepada kesesatan sesudah Engkau beri petunjuk kepada kami, dan karuniakanlah kepada kami rahmat dari sisi Engkau; karena sesungguhnya Engkau-lah Maha Pemberi (karunia)".

Sunday, January 18, 2009

The Economics of the English Premier League

When Manchester City announce a £108m bid on the Brazillian soccer star Kaka, I am left wondering, wow, with that amount of money, we could built a new town, built a new power genaration plant, finance a new oilfield development project and many other things. It is equivalent to RM576m, and that is a lot of money, more so in the wake of the global economy crisis. When everywhere else in the world, the economy seems to heading a downward trend, it is amazing that a bid of that proportion has been tabled for a football player. The previous record for the transfer fee was done around 7-years ago when Zinadene move from Juventus to Real Madrid for a transfer fee of £46m (RM246m).

Accoding to some analyst, the total cost for Kaka, inclusive the transfer fee, agent fee and the salary for the entire contract will be around of £243m (£108m transfer fee, £28m agent fee and £100m salary fee)... that is around RM1.3billion... Wow, that seems like a good bail out or rescue plan for the ailing economy.

A 300MW power generation plant may cost around RM 1 billion or less....

A jack-up oilrig for shallow waters may cost around RM300m....

2 comments:

cmk said...

Bro, kau patut komen "The Economics of Malaysian Premier League". Sejauh mana bolasepak negara kita boleh maju jika di bawah naungan kelab berbanding persatuan negeri.

Aku dah bosan dengan EPL sejak masuk abad ke-21. Pada aku EPL dah hilang jati diri. Lebih baik tengok liga yang lebih berbau sukan dari berbau duitan. Mungkin takde superstar tapi tetap hebat.

p/s...
(1) aku kembali ke usm untuk ijazah "peringkat habis darjah". Tahun ni insyaallah selesai.

(2) Blog memang menjadi kegilaan alam siber masa kini. Tapi aku tak minat jadi blogger. Cukuplah sekadar ziarah blog-blog yang ada dan beri komen yang patut-patut.

Adry said...

what a waste of money... lalala