PSG are so far ahead of their domestic rivals that manager Laurent Blanc has been able to field weakened sides ahead of big Champions League matches at a rate unmatched by any other quarter-finalist, ensuring that his strongest side has been as well-rested as possible. Read more
England’s Premier League is enjoying one of its most competitive seasons for years, but at the same time the league is without a club in Europe’s top 10 for the first time in 20 years.
The interplay between competitive balance and outright quality of football is a complex one, and depending on who you talk to, different levels of importance are placed on each when it comes to talk of which league is the best. Read more
If the UK were to leave the European Union, it will mean that it will also be outside the Capital Markets Union (CMU), when completed. The CMU is a set of measures designed to clear obstacles between companies and potential investors. The idea – in the words of the European Commission that created it – is “to mobilise capital and channel it to all companies, including SMEs, and infrastructure projects that need it to expand and create jobs”.
The EU economy is slightly bigger than that of the US, but its capital market is very different. Its equity market is about half the size of that of the US and its securitisation market is less than a quarter of the US. Read more
The value of cross border merger and acquisition deals in Italy reached a new high in 2015 at over $50bn. Italian companies were the most targeted by foreign acquisitions in the European Union after the UK, along with France. Read more
Wealth disparities within EU countries were narrowing prior to the 2008 crisis, but since then the poorer regions have stopped catching up with the wealthiest ones.
“European countries converge at national level, but at the cost of a rising divergence within the countries” explain Joaquim Oliveira Head of the OECD Regional Development Policy Division in an interview with the FT. Read more
About two in three women aged 25 to 64 years old are in employment in the European Union, the highest proportion since the data series began 23 years ago. However, the EU average conceals considerable variation between regions.
The Premier League could lose its fourth Champions League berth within two years, and things will only get more difficult the year after that.
England’s top flight will be given four places in Europe’s elite club tournament next season whatever happens, but the different leagues’ rankings in Uefa’s member association coefficient rankings as they stand at the end of the current season will determine the number of berths each receives in the 2017-18 tournament. Read more
The Chinese Super League has cropped up in football conversations for several years now, but until recently it was in the context of it being one of the sport’s so called ‘retirement homes’: lesser leagues, where prominent Europe-based players only go for a final bulging pay packet and a relatively easy ride. This winter, that all changed, as several genuine global stars — many still in their prime — arrived on big money deals from major European clubs Read more
In the next four months Britain will be inundated with opinion polls. As the Leave and Remain camps gear up for Britain’s first referendum on its relationship with Europe for four decades, the stakes are high.
But this time last year the nation also pored over an array of polls during the general election campaign, and yet those polls proved unreliable.
How should a cautious FT reader know what to make of polling about the EU referendum? Here are five points to bear in mind …
John McDonnell, the shadow chancellor, gave a speech last week lamenting that the liberalising policies adopted by the Thatcher government in the 1980s never led to widespread share ownership:
The Tories promised a “shareholding democracy” would arrive through privatisation. A “trickle-down effect” would mean that, even if the rich got very rich indeed, everyone else would be a little better off.
But the promises of freedom and “popular capitalism” turned out to be illusory.
Today, share ownership by individuals is at the close to the lowest level ever recorded. Just 12 per cent of shares are owned by individuals in the UK, down from 28 per cent in 1982, and pension funds own only 3 per cent.
It would be fair to call these figures misleading and point out that people can own shares through insurance companies or they might have a stake in other kinds of funds as well as their pension. So if between them individuals and pension funds own just 15 per cent of shares who owns the rest? Read more
The January transfer window is upon us, and with several major clubs across the continent enduring tumultuous seasons, there are likely to be some fairly high profile comings and goings.
Every season billions of pounds change hands in the two periods where deals can take place across the globe, but despite the amount of the sports media’s attention devoted to the transfer market, evidence suggests there remains a surprising amount of uncertainty over what the fees involved actually are. Read more
Employment is growing in the Eurozone. There were nearly 3 million more people in employment in the third quarter of 2015 than there were two years before. Read more
The Red Devils have hardly undergone a Chelsea-esque implosion — they sit in 5th place at the time of writing — but the Old Trafford faithful have grown increasingly restless, an undercurrent of discontent growing into a crescendo of criticism as perceived lacklustre performances have been followed by the poor results many felt they deserved.
According to an FT analysis, those perceptions are backed up by the statistics. After seven years of near-unbroken dominance in terms of their results, Sir Alex Ferguson’s departure from the post of manager was followed by a dramatic decline.
By the end of David Moyes’ solitary term in charge, Man United’s results — after adjusting for opposition quality — didn’t even put them among the fourth strongest sides in the league. The arrival of Louis van Gaal brought about a recovery: by the end of his first campaign the club was — only just — back among the four strongest sides in the league in terms of results. Read more
Last Thursday Chelsea’s owners made the decision many felt has been coming since August, and dismissed their talismanic manager José Mourinho.
Thus comes to an end his second spell at the reins of the club. The first ended in relative stagnation, but the second was truly a meteoric rise and fall.
With the aid of a statistical examination of the last 15 seasons, we can see the best and worst of Mourinho, and get a clue as to some of what went wrong this time around. Read more
Last week Garry Monk became the seventh Premier League manager to be dismissed by his club in 2015, and the 11th top flight departure overall in the same period when resignations and contract expiries are included.
Monk had been in the job for just under two years, and while you could be forgiven for thinking this is precious little time, it actually comes in at almost twice the median across all Premier League managers in 2015. Read more
George Osborne, the UK chancellor, announced in Wednesday’s Autumn Statement the “biggest housebuilding programme since the 1970s”. This included 400,000 new affordable homes in England by 2020, a 3% stamp duty increase for buy-to-let and second home buyers, and a new help-to-buy scheme just for London. The measures are aimed at tackling the “crisis in home ownership in Britain”. Read more
All ethnic minority groups in the UK are now significantly more likely to go to university than their white British counterparts. On average, amongst the cohort who sat their GCSEs in 2008, only one third of the white British population went to university in the academic year 2010-11 or 2011-12, compared to 75 per cent of ethnic Chinese pupils and 67 per cent of Indian students. Read more
A dozen games into the new Premier League season, Chelsea’s title defence has been anaemic, and few — if any — saw it coming. But with the aid of hindsight, shots data and the Elo ratings system, we can obtain a clue as to exactly when their troubles began: January 1 2015. Read more