Kanika Datta: Moral hazard comes to football finance
Goldman Sachs’ chief economist Jim O’Neill is an unlikely name to figure in discussions among football’s TV pundits and bloggers. But that’s just where you can spot his name these days. That’s because he’s at the centre of a hostile takeover attempt on Manchester United, one of the world’s richest and most successful football [...]
Football and Antitrust
On the surface, American Needle Inc. v. National Football League seems to be about hats, shirts and other items with team logos on them. But if the United States Supreme Court issues a broad ruling in favor of the N.F.L., it could help define how far joint ventures can go in stifling competition. American Needle used to manufacture apparel with [...]
Overcoming mutual recriminations
Dan Bilefsky An advocate for the Armenian-Turkish community in Istanbul believes a seminal moment has arrived when Turkey and Armenia can confront the ghosts of history. Fethiye Cetin recalled the day her identity shattered. She was a young law student when her maternal grandmother, Seher, took her aside and told her a secret she had hidden for [...]
Hand of Gall
A serious student of football once wrote: "There is football and then there is life." Not without reason. Global news was quite dull last Wednesday, when a single incident, spanning about 25 seconds, created such controversy that politics and war gave way to sports on newspaper front pages. The power of this sport was demonstrated once again when [...]