1 00:00:02,720 --> 00:00:19,520 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. Hello and welcome to 2 00:00:19,600 --> 00:00:22,600 Speaker 1: another episode of The Odd Lots Podcast. I'm Jill Why 3 00:00:22,640 --> 00:00:23,000 Speaker 1: Isn't Thal? 4 00:00:23,120 --> 00:00:24,200 Speaker 2: And I'm Tracy Alloway. 5 00:00:24,560 --> 00:00:26,320 Speaker 1: First of all, are we calling it football? 6 00:00:26,480 --> 00:00:26,800 Speaker 3: Sorry? 7 00:00:27,040 --> 00:00:27,600 Speaker 1: Are we to say? 8 00:00:27,680 --> 00:00:27,840 Speaker 3: You know? 9 00:00:28,120 --> 00:00:31,120 Speaker 1: I'm fine with either. I've accept whatever. I don't feel strongly, 10 00:00:31,200 --> 00:00:34,000 Speaker 1: but just for like consistency stake, I guess we'll just 11 00:00:34,000 --> 00:00:35,920 Speaker 1: call it football on this episode if you want. 12 00:00:35,920 --> 00:00:37,960 Speaker 2: That's fine with me. I like that you're defining the 13 00:00:38,040 --> 00:00:39,120 Speaker 2: terms beforehand. 14 00:00:39,200 --> 00:00:41,640 Speaker 1: It's important as long as we all are operating. Listen, 15 00:00:41,680 --> 00:00:45,320 Speaker 1: I'm happy to call it football. Busy time obviously, coming 16 00:00:45,360 --> 00:00:45,680 Speaker 1: back to. 17 00:00:45,640 --> 00:00:48,040 Speaker 2: The in the sports, in the sports sports world, in 18 00:00:48,080 --> 00:00:49,080 Speaker 2: the sports. 19 00:00:48,640 --> 00:00:51,720 Speaker 1: World, I think when you landed back from our recent 20 00:00:51,720 --> 00:00:53,880 Speaker 1: trip to Asia, it was like literally like the final 21 00:00:53,960 --> 00:00:55,600 Speaker 1: minutes of the knickt winning. 22 00:00:55,960 --> 00:00:59,040 Speaker 2: Yeah, it was nuts. I was driving through Lower Manhattan 23 00:00:59,320 --> 00:01:02,480 Speaker 2: and every one was spilling out into the streets watching 24 00:01:02,480 --> 00:01:04,960 Speaker 2: the game through like the windows of bars and stuff. 25 00:01:04,959 --> 00:01:06,360 Speaker 2: And then of course when they won, you could hear 26 00:01:06,360 --> 00:01:07,839 Speaker 2: the entire city just go nuts. 27 00:01:07,920 --> 00:01:08,160 Speaker 1: Yeah. 28 00:01:08,200 --> 00:01:09,759 Speaker 2: So part of me is like, why aren't we doing 29 00:01:09,760 --> 00:01:12,680 Speaker 2: a basketball episode because it feels very much like New 30 00:01:12,760 --> 00:01:15,360 Speaker 2: York is actually focused on basketball at the moment, even 31 00:01:15,440 --> 00:01:19,360 Speaker 2: though we obviously have a very big football slash soccer event. 32 00:01:19,560 --> 00:01:22,119 Speaker 1: Yeah, and I was. I was walking through my neighborhood. 33 00:01:22,160 --> 00:01:24,759 Speaker 1: I live in these village last night, like everyone. It's 34 00:01:24,840 --> 00:01:26,920 Speaker 1: very festive time in the city. Everyone was like sitting 35 00:01:26,959 --> 00:01:30,440 Speaker 1: out in outdoor bars and stuff, like watching whatever World 36 00:01:30,480 --> 00:01:32,000 Speaker 1: Cup match was on last time. 37 00:01:32,040 --> 00:01:34,840 Speaker 2: Obviously whatever World Cup match, I forget what was airing. 38 00:01:35,040 --> 00:01:35,200 Speaker 1: Well. 39 00:01:35,360 --> 00:01:38,160 Speaker 2: To be fair, yes, you could lose track in this 40 00:01:38,200 --> 00:01:42,479 Speaker 2: particular World Cup because it's the biggest ever World Cup. 41 00:01:42,720 --> 00:01:43,320 Speaker 1: What does it mean? 42 00:01:43,440 --> 00:01:46,000 Speaker 2: So it means they have like the most teams playing 43 00:01:46,480 --> 00:01:49,880 Speaker 2: the most games ever. I can't remember the exact number, 44 00:01:49,920 --> 00:01:53,640 Speaker 2: but I think it's almost fifty teams versus previously it 45 00:01:53,760 --> 00:01:55,760 Speaker 2: was about thirty teams thirty two. 46 00:01:56,920 --> 00:01:57,840 Speaker 1: Yeah, it's so fixed. 47 00:01:58,000 --> 00:02:01,680 Speaker 2: FIFA argued that this is about making the game even bigger, 48 00:02:02,000 --> 00:02:04,720 Speaker 2: you know, diversity and inclusion and all of that. But 49 00:02:04,760 --> 00:02:07,160 Speaker 2: if you were going to be cynical, and some people 50 00:02:07,160 --> 00:02:10,280 Speaker 2: would argue you should be cynical when it comes to FIFA, 51 00:02:10,480 --> 00:02:14,160 Speaker 2: you could argue that it's about selling more ads, selling 52 00:02:14,200 --> 00:02:17,160 Speaker 2: more tickets to more games, and also internal politics, so 53 00:02:17,240 --> 00:02:22,120 Speaker 2: currying favor with some smaller nations for political reasons. All 54 00:02:22,160 --> 00:02:22,360 Speaker 2: of that. 55 00:02:22,520 --> 00:02:25,000 Speaker 1: That makes sense actually, because I was sort of wondering, 56 00:02:25,000 --> 00:02:25,799 Speaker 1: no offense. 57 00:02:27,240 --> 00:02:29,360 Speaker 2: We're going to offend so many people in this episode. 58 00:02:29,400 --> 00:02:30,520 Speaker 2: I can already tell you I. 59 00:02:30,480 --> 00:02:32,400 Speaker 1: Was pretty impressive that, like curs Ou made the World 60 00:02:32,440 --> 00:02:33,480 Speaker 1: Cup and so forth. 61 00:02:33,600 --> 00:02:36,280 Speaker 2: Did you see the cape Verd game, the cape Verde game, right, 62 00:02:36,560 --> 00:02:38,840 Speaker 2: So that was insane? So okay. So part of the 63 00:02:38,880 --> 00:02:43,600 Speaker 2: concern with FIFA expanding this to like fifty teams is that, well, 64 00:02:44,040 --> 00:02:46,560 Speaker 2: you don't get the same I guess intensity that you 65 00:02:46,600 --> 00:02:48,800 Speaker 2: would in a World Cup with a smaller group, and 66 00:02:48,840 --> 00:02:53,400 Speaker 2: you get all these meaningless games like Cursow versus Germany. 67 00:02:53,680 --> 00:02:57,480 Speaker 2: But then Cape Verd played Spain and it wasn't a 68 00:02:57,520 --> 00:02:59,720 Speaker 2: dead rubber game. It ended up like being kind of 69 00:02:59,760 --> 00:03:02,040 Speaker 2: an upset because Spain are supposed to be favorites for 70 00:03:02,080 --> 00:03:05,440 Speaker 2: the entire YEA yeah, And so now I am proud 71 00:03:05,480 --> 00:03:08,919 Speaker 2: to say I'm a diehard cape Verd fan and I 72 00:03:08,960 --> 00:03:12,800 Speaker 2: really want this whole like dead rubber thing to just 73 00:03:13,000 --> 00:03:14,680 Speaker 2: blow up in FIFA's face. 74 00:03:14,919 --> 00:03:17,440 Speaker 1: You know, one thing I'm aware of with football in 75 00:03:17,520 --> 00:03:20,680 Speaker 1: general is that we could have an entire podcast on 76 00:03:20,720 --> 00:03:23,440 Speaker 1: the money side of it, and like, you know, people say, oh, 77 00:03:23,480 --> 00:03:26,679 Speaker 1: you should really do an episode on how like, yeah, 78 00:03:26,880 --> 00:03:32,560 Speaker 1: whatever team and whatever league in Europe is now permanently 79 00:03:32,680 --> 00:03:35,680 Speaker 1: going to be relegated because they've signed these financial and 80 00:03:35,720 --> 00:03:38,120 Speaker 1: it's like, you know what, that sounds like really finance 81 00:03:38,320 --> 00:03:41,520 Speaker 1: fascinating to me. But unless we were like really deep 82 00:03:41,520 --> 00:03:43,680 Speaker 1: in it, that almost sounds like too niche, you know. 83 00:03:44,080 --> 00:03:46,200 Speaker 2: And so you know, we had a really good newsletter 84 00:03:46,400 --> 00:03:49,560 Speaker 2: all about this last year. Week did all about it 85 00:03:50,840 --> 00:03:54,920 Speaker 2: financial engineering in specifically European football. But yeah, there's a 86 00:03:54,920 --> 00:03:58,840 Speaker 2: lot of let's say money influence slash money games being 87 00:03:58,920 --> 00:04:00,520 Speaker 2: played in football at the moment. 88 00:04:00,600 --> 00:04:02,800 Speaker 1: There's so many angles that we could attack it from. 89 00:04:03,040 --> 00:04:04,600 Speaker 1: I just earlier in the year I went to my 90 00:04:04,640 --> 00:04:09,680 Speaker 1: first Champions League match. I saw Atletico Madrid versus Arsenal 91 00:04:09,880 --> 00:04:14,960 Speaker 1: in the Metropolitano Stadium in Madrid. Amazing experience. Had the 92 00:04:15,040 --> 00:04:17,159 Speaker 1: vibe to me of like an American like Big twelve 93 00:04:17,160 --> 00:04:19,880 Speaker 1: college football match, which I think is an amazing energy, 94 00:04:20,080 --> 00:04:20,520 Speaker 1: et cetera. 95 00:04:20,680 --> 00:04:22,680 Speaker 2: Again, we are going to offend so many times. 96 00:04:23,160 --> 00:04:26,479 Speaker 1: I say, there's a compliment. Anyway, let's give the money. 97 00:04:26,480 --> 00:04:28,479 Speaker 1: I'll say one more thing about football, which is that 98 00:04:29,080 --> 00:04:32,040 Speaker 1: I've never like really gotten hooked on it, but I've 99 00:04:32,040 --> 00:04:34,960 Speaker 1: always thought the jerseys are the coolest of any sport particular. 100 00:04:35,040 --> 00:04:38,160 Speaker 1: I liked when more of the jerseys had physical colors 101 00:04:38,200 --> 00:04:40,040 Speaker 1: on them. I think that's gone out of style a 102 00:04:40,120 --> 00:04:42,080 Speaker 1: little bit, but I used to love like those old 103 00:04:42,160 --> 00:04:45,520 Speaker 1: jerseys that had like the flapped collars on them, and 104 00:04:45,680 --> 00:04:46,960 Speaker 1: I just think they look cool as hell. 105 00:04:47,200 --> 00:04:48,600 Speaker 2: Yeah, I agree, And. 106 00:04:48,560 --> 00:04:51,000 Speaker 1: Somehow on a football jersey, it doesn't offend me when 107 00:04:51,000 --> 00:04:53,400 Speaker 1: I see ads the way it does. Like if I 108 00:04:53,400 --> 00:04:56,080 Speaker 1: see an AD on American baseball jersey, I was like, 109 00:04:56,240 --> 00:04:58,760 Speaker 1: it's sort of like basing. It looks to me, it 110 00:04:58,800 --> 00:04:59,320 Speaker 1: looks fine. 111 00:04:59,360 --> 00:05:00,640 Speaker 2: Why do you just expect it? 112 00:05:00,880 --> 00:05:03,560 Speaker 1: I don't know. Maybe it's like a hosubtle chauvinism or 113 00:05:03,560 --> 00:05:05,360 Speaker 1: something like that, or it's like, oh, it looks fine 114 00:05:05,400 --> 00:05:07,720 Speaker 1: to see these corporate logos. Now when I look at 115 00:05:07,760 --> 00:05:10,800 Speaker 1: an NBA jersey with a logos, they're sort of debasing 116 00:05:10,839 --> 00:05:13,600 Speaker 1: this sport. I don't know, but you just. 117 00:05:13,560 --> 00:05:17,880 Speaker 2: Come to expect money to debase football. That makes sense. 118 00:05:17,920 --> 00:05:20,120 Speaker 1: We're going to be talking about whether money has an 119 00:05:20,240 --> 00:05:23,600 Speaker 1: ejective vitality or expanded the game or debased it or whatever. 120 00:05:23,680 --> 00:05:26,360 Speaker 1: Or least how the massive amounts of money have changed 121 00:05:26,360 --> 00:05:29,159 Speaker 1: the game. We're very excited to bring on the perfect guest. 122 00:05:29,200 --> 00:05:32,039 Speaker 1: We're going to be speaking with freelance football journalist Joey 123 00:05:32,080 --> 00:05:34,240 Speaker 1: Drso and he has a new book out called More 124 00:05:34,279 --> 00:05:38,640 Speaker 1: Than a Shirt, How Football Shirts Explain Global Politics, money 125 00:05:38,680 --> 00:05:41,039 Speaker 1: and Power. So, uh, Joey, thank you so much for 126 00:05:41,080 --> 00:05:42,400 Speaker 1: coming on Oddlaws. 127 00:05:42,080 --> 00:05:43,640 Speaker 3: Thanks for having a big fan of the pot. 128 00:05:43,839 --> 00:05:46,000 Speaker 1: I don't even know where to begin. I guess I'll say, like, 129 00:05:46,520 --> 00:05:48,240 Speaker 1: do you have any hunch as to why it is 130 00:05:48,279 --> 00:05:51,640 Speaker 1: that someone like myself is okay with seeing ads on 131 00:05:51,680 --> 00:05:55,840 Speaker 1: a football kit versus other sports? Like do you have 132 00:05:55,839 --> 00:05:58,680 Speaker 1: any sort of intuition about why maybe we come to 133 00:05:58,760 --> 00:05:59,560 Speaker 1: expect that or that. 134 00:05:59,600 --> 00:06:01,880 Speaker 3: Sort of cool or is it is one sort of 135 00:06:01,880 --> 00:06:04,039 Speaker 3: deep in your soul than your personal identity and you 136 00:06:04,160 --> 00:06:05,320 Speaker 3: just feel it in a way. 137 00:06:05,160 --> 00:06:07,599 Speaker 1: That yeah, maybe that's just it. Maybe like I don't 138 00:06:07,720 --> 00:06:09,320 Speaker 1: have like the sort of you know, I grew up 139 00:06:09,480 --> 00:06:12,200 Speaker 1: like a Detroit Tigers thing, for example, and if I 140 00:06:12,240 --> 00:06:14,720 Speaker 1: saw like a big ad for like open ai or 141 00:06:14,760 --> 00:06:16,840 Speaker 1: something out there, I wouldn't be thead into it or 142 00:06:16,880 --> 00:06:20,920 Speaker 1: crypto dot com or whatever which seems to advertise everywhere. 143 00:06:21,040 --> 00:06:22,960 Speaker 1: Maybe it's just there, maybe it's just like what's in 144 00:06:23,000 --> 00:06:23,680 Speaker 1: my soul or not. 145 00:06:23,960 --> 00:06:26,359 Speaker 3: Yeah, well, it's an interesting question which sporting culture is 146 00:06:26,400 --> 00:06:29,960 Speaker 3: more commercial, yeah, corporate capitalist, and which isn't because obviously 147 00:06:30,000 --> 00:06:33,080 Speaker 3: the US in most respects is far more capitalistic than 148 00:06:33,080 --> 00:06:35,120 Speaker 3: in Europe. But there's actually funny some ways to invert that. 149 00:06:35,160 --> 00:06:37,360 Speaker 3: One is sponsorship, and one is like this draft system, 150 00:06:37,520 --> 00:06:39,560 Speaker 3: which to us feels like communism for US. You know, 151 00:06:39,600 --> 00:06:41,119 Speaker 3: it's just the rich teams buy all the best players 152 00:06:41,160 --> 00:06:42,720 Speaker 3: and that's how it happens when the rich get richer. 153 00:06:43,040 --> 00:06:45,719 Speaker 2: Okay, so Joey, I can't help but notice that we're 154 00:06:45,760 --> 00:06:48,839 Speaker 2: doing a football podcast, but you are, in fact wearing 155 00:06:49,040 --> 00:06:53,800 Speaker 2: a baseball shirt, which maybe says something about the difficulties. 156 00:06:54,240 --> 00:06:56,640 Speaker 1: It's a Coney Island Cyclone shut, which I love. Anyone 157 00:06:56,680 --> 00:06:58,279 Speaker 1: who comes and visits the New York has to go 158 00:06:58,279 --> 00:06:59,200 Speaker 1: to a Cyclones game. 159 00:06:59,240 --> 00:07:04,600 Speaker 2: But soccer, it has historically had some difficulty with breaking 160 00:07:04,600 --> 00:07:08,320 Speaker 2: through into the US. Right, So it's getting bigger. Now 161 00:07:08,520 --> 00:07:10,680 Speaker 2: we have the MLS, we have all of that. We 162 00:07:10,760 --> 00:07:13,840 Speaker 2: now have a World Cup that's taking place in the US, 163 00:07:13,880 --> 00:07:16,160 Speaker 2: but we had one previously and that was kind of 164 00:07:16,200 --> 00:07:19,760 Speaker 2: an uphill battle to break into that particular market. 165 00:07:20,080 --> 00:07:22,760 Speaker 3: Yeah. Well, so soccer in the US has quite a 166 00:07:22,760 --> 00:07:24,640 Speaker 3: long history, but it was basically wiped out by the 167 00:07:24,640 --> 00:07:26,840 Speaker 3: Wall Street crash. So it was big in big industrial 168 00:07:26,880 --> 00:07:29,800 Speaker 3: cities before that, big in kind of Philadelphia, New Jersey, 169 00:07:29,800 --> 00:07:31,920 Speaker 3: and then it was wiped out because it was deeply 170 00:07:31,960 --> 00:07:34,240 Speaker 3: linked to these industries that were hit so badly in 171 00:07:34,320 --> 00:07:36,200 Speaker 3: nineteen twenty nine, and then it was kind of in 172 00:07:36,240 --> 00:07:39,000 Speaker 3: the wilderness for half a century. America's own sports became 173 00:07:39,040 --> 00:07:40,920 Speaker 3: really big. But yeah, it was sort of getting bigger 174 00:07:40,920 --> 00:07:42,560 Speaker 3: and bigger. You know. Pelle came to play for the 175 00:07:42,560 --> 00:07:45,560 Speaker 3: New York Cosmos in the seventies, Beckenbauer as well. It 176 00:07:45,600 --> 00:07:46,680 Speaker 3: was like the place to be. 177 00:07:46,880 --> 00:07:48,440 Speaker 2: My husband used to work for the Cosmon. 178 00:07:48,560 --> 00:07:51,560 Speaker 3: Really yeah, he was a youth court really yeah. USA 179 00:07:51,640 --> 00:07:53,640 Speaker 3: ninety four. FIFA had long wanted to bring the World 180 00:07:53,680 --> 00:07:55,480 Speaker 3: Cup to the US, even though no one really cared 181 00:07:55,520 --> 00:07:57,720 Speaker 3: in the US about the sport. But because of money, 182 00:07:57,760 --> 00:08:00,320 Speaker 3: because of business, because the world's biggest companies, the world's 183 00:08:00,400 --> 00:08:03,560 Speaker 3: richest people, the world's biggest pool of wealthy consumers are 184 00:08:03,560 --> 00:08:06,080 Speaker 3: in the US, and you know, the sort of footballing 185 00:08:06,080 --> 00:08:08,640 Speaker 3: snobs of Europe of which I'm probably sometimes one of 186 00:08:08,640 --> 00:08:10,960 Speaker 3: them probably turn their nose up at going into the US. 187 00:08:11,040 --> 00:08:14,280 Speaker 3: Italian ninety is very romanticized in England, as you know, 188 00:08:14,320 --> 00:08:17,720 Speaker 3: Pavarotti and the beautiful sites of Rome and these gast Americans. 189 00:08:18,160 --> 00:08:19,960 Speaker 3: What are they doing with our beautiful World Cup? But 190 00:08:20,040 --> 00:08:22,160 Speaker 3: it was kind of a success in many metrics. The 191 00:08:22,200 --> 00:08:24,920 Speaker 3: grounds were full, lots of I think the Hispanic population 192 00:08:24,920 --> 00:08:26,160 Speaker 3: would have helped a lot there, but a lot of 193 00:08:26,160 --> 00:08:28,880 Speaker 3: just curious Americans. Like women's football was huge in the 194 00:08:28,960 --> 00:08:30,560 Speaker 3: US before it was big in Europe, so a lot 195 00:08:30,560 --> 00:08:32,320 Speaker 3: of there was a lot of interest because of that. 196 00:08:32,360 --> 00:08:35,040 Speaker 3: I think it was the Olympics before that that was big. 197 00:08:35,320 --> 00:08:38,880 Speaker 3: Swen ninety four, loads of massive American corporations made their 198 00:08:38,920 --> 00:08:40,640 Speaker 3: debut at the World Cup. They paid up to twenty 199 00:08:40,640 --> 00:08:42,640 Speaker 3: million dollars to get involved, which might not seem a 200 00:08:42,640 --> 00:08:44,920 Speaker 3: lot in the scale of football now, but certainly was 201 00:08:44,960 --> 00:08:47,080 Speaker 3: back then. You had McDonald's, it was the first ever 202 00:08:47,120 --> 00:08:50,760 Speaker 3: global sponsorship. You had General Motors for the first time, MasterCard, 203 00:08:50,760 --> 00:08:52,719 Speaker 3: who had a sort of pilot in nineteen ninety eight, 204 00:08:52,720 --> 00:08:55,160 Speaker 3: converted that to a long term commitment. It was a 205 00:08:55,160 --> 00:08:58,280 Speaker 3: big commercial success. Like Harvard Business School wrote case studies 206 00:08:58,320 --> 00:09:00,960 Speaker 3: about it, despite the fact most Americans weren't interested. The 207 00:09:01,000 --> 00:09:03,319 Speaker 3: opening game was interrupted by the O. J. Simpson car chase. 208 00:09:03,520 --> 00:09:06,120 Speaker 3: But yeah, massive deal in World Cup history for commercial 209 00:09:06,200 --> 00:09:07,760 Speaker 3: rather than necessarily football reasons. 210 00:09:08,000 --> 00:09:10,160 Speaker 1: First of all, I had not realized that actually there 211 00:09:10,200 --> 00:09:12,960 Speaker 1: was a long football tradition in the United States prior 212 00:09:13,000 --> 00:09:15,000 Speaker 1: to the crash. We could have probably done an entire 213 00:09:15,080 --> 00:09:18,680 Speaker 1: episode just on that. But I do also remember, like 214 00:09:18,800 --> 00:09:22,520 Speaker 1: as a kid in like the eighties, like hearing about 215 00:09:22,520 --> 00:09:26,520 Speaker 1: this girl named Pela. You know, Trump is a bigger Pela. 216 00:09:28,080 --> 00:09:29,199 Speaker 3: Well that's pretty good. 217 00:09:29,280 --> 00:09:32,400 Speaker 1: Yeah, I thank you, thank you. But what were the cosmos? Now? 218 00:09:32,440 --> 00:09:33,960 Speaker 1: I was like, what league was there? 219 00:09:34,040 --> 00:09:36,079 Speaker 3: Even so that was I believe it was the NASL, 220 00:09:36,080 --> 00:09:37,920 Speaker 3: the North American Soccer League, but it was kind of 221 00:09:37,920 --> 00:09:39,760 Speaker 3: an exobit. It was kind of the Plea Show and 222 00:09:40,000 --> 00:09:42,280 Speaker 3: you know the cosmos that go around to these different teams. 223 00:09:42,280 --> 00:09:44,680 Speaker 3: And when Pelle left, it all sort of fell apart 224 00:09:44,679 --> 00:09:47,080 Speaker 3: pretty quickly. It was losing lots of money. And the 225 00:09:47,200 --> 00:09:49,640 Speaker 3: US is just such a deep, rich sporting market. You know, 226 00:09:49,679 --> 00:09:51,560 Speaker 3: there were like four the Big four, which would be 227 00:09:51,600 --> 00:09:55,080 Speaker 3: American football, baseball, basketball, and ice hockey. It's hard to 228 00:09:55,120 --> 00:09:57,480 Speaker 3: penetrate that, and it's very unusual, you know Australia. I 229 00:09:57,520 --> 00:10:00,559 Speaker 3: was there recently. It's maybe the closest parallel in Europe, 230 00:10:00,600 --> 00:10:02,439 Speaker 3: in every European country. You know. I like cricket. You 231 00:10:02,440 --> 00:10:06,600 Speaker 3: guys probably think that's incredibly obscure and sort of fusty British. 232 00:10:06,600 --> 00:10:08,800 Speaker 3: But like, if cricket is tiny compared to football, as 233 00:10:08,840 --> 00:10:10,960 Speaker 3: is rugby and all these other sports we have, football 234 00:10:11,040 --> 00:10:13,120 Speaker 3: is completely dominant in the vast majority of the world. 235 00:10:13,520 --> 00:10:15,040 Speaker 3: The US is a wild exception. 236 00:10:15,400 --> 00:10:18,439 Speaker 1: So let's talk about that ninety four World Cup. So, like, 237 00:10:18,840 --> 00:10:20,880 Speaker 1: what was the lead up to that ninety four World 238 00:10:20,960 --> 00:10:23,760 Speaker 1: Cup in terms of making the case that it should 239 00:10:23,800 --> 00:10:25,679 Speaker 1: be in the US? Like how long was that? I 240 00:10:25,720 --> 00:10:28,280 Speaker 1: remember that World Cup, but like how long was that 241 00:10:28,400 --> 00:10:30,800 Speaker 1: in the works and the fights and what had they 242 00:10:30,840 --> 00:10:33,880 Speaker 1: happened for the World Cup to finally go in nineteen 243 00:10:33,920 --> 00:10:34,880 Speaker 1: ninety four to the US. 244 00:10:35,120 --> 00:10:36,240 Speaker 3: Yeah, so it was a long time. It was like 245 00:10:36,280 --> 00:10:38,040 Speaker 3: the mid eighties had lots of build up time. I mean, 246 00:10:38,040 --> 00:10:39,839 Speaker 3: the US, as we're saying now, it doesn't need to 247 00:10:39,840 --> 00:10:42,760 Speaker 3: build loads of stadiums, right, that's one huge advantage he has, 248 00:10:42,880 --> 00:10:45,600 Speaker 3: unlike you know, South Africa and twenty ten, built all 249 00:10:45,640 --> 00:10:47,640 Speaker 3: these white elephant stadiums, and in many cases that was 250 00:10:47,640 --> 00:10:50,959 Speaker 3: a wonderful World Cup and of apartheid Mandela, but financially 251 00:10:50,960 --> 00:10:52,840 Speaker 3: a bit of a basketcase. So the US was ready 252 00:10:52,920 --> 00:10:55,280 Speaker 3: even if it wasn't a big football in country. But 253 00:10:55,280 --> 00:10:56,600 Speaker 3: what it had to do was set up its own 254 00:10:56,679 --> 00:10:58,880 Speaker 3: league because it did not have a professional soccer league 255 00:10:58,880 --> 00:11:01,040 Speaker 3: at that point, So we set up them less because 256 00:11:01,040 --> 00:11:03,760 Speaker 3: of that so real kind of footballing desert at the 257 00:11:03,800 --> 00:11:05,600 Speaker 3: time that it was preparing to host the World Cup 258 00:11:05,640 --> 00:11:06,240 Speaker 3: in ninety four. 259 00:11:06,480 --> 00:11:09,120 Speaker 2: So just to clarify when it comes to I guess 260 00:11:09,280 --> 00:11:13,600 Speaker 2: US commercial advertisers, what exactly were they trying to achieve here, 261 00:11:13,640 --> 00:11:16,200 Speaker 2: Because if soccer isn't that big in the US at 262 00:11:16,240 --> 00:11:18,480 Speaker 2: that time in nineteen ninety four, I assume they're not 263 00:11:18,640 --> 00:11:22,719 Speaker 2: necessarily trying to target the American market. Like, maybe it's 264 00:11:22,760 --> 00:11:25,520 Speaker 2: great that you're trying to popularize the game more in 265 00:11:25,559 --> 00:11:29,000 Speaker 2: the country, but if you're an advertiser, I imagine sponsoring the 266 00:11:29,040 --> 00:11:31,920 Speaker 2: World Cup in ninety four is more about tapping into 267 00:11:31,960 --> 00:11:33,800 Speaker 2: that global audience that you're describing. 268 00:11:34,160 --> 00:11:36,000 Speaker 3: Yes, if you Coca Cola and you want to sell 269 00:11:36,000 --> 00:11:37,920 Speaker 3: it in Africa and Asia is the best billboard you 270 00:11:37,920 --> 00:11:40,880 Speaker 3: could possibly imagine. It's being built and you know, whole 271 00:11:40,960 --> 00:11:42,559 Speaker 3: village is in parts of the world where people don't 272 00:11:42,640 --> 00:11:45,160 Speaker 3: necessarily have electricity at home, we'll be watching it. It's 273 00:11:45,200 --> 00:11:47,920 Speaker 3: the biggest advertising event in the world by far. But 274 00:11:47,960 --> 00:11:50,800 Speaker 3: before ninety four it just wasn't really commercialized that ruthlessly. 275 00:11:50,880 --> 00:11:53,320 Speaker 3: You know, tournaments lost money. There's a great story from 276 00:11:53,360 --> 00:11:55,560 Speaker 3: I think it's in the seventy four World Cup in Mexico. 277 00:11:55,720 --> 00:11:58,840 Speaker 3: This tailor, like a guy who sews clothes somewhere in London, 278 00:11:58,960 --> 00:12:01,480 Speaker 3: just bought half of the oizing boats on the stadium 279 00:12:01,480 --> 00:12:03,560 Speaker 3: in Mexico City just because like no one else had 280 00:12:03,559 --> 00:12:04,800 Speaker 3: have thought of it, and he offered them like a 281 00:12:04,840 --> 00:12:06,560 Speaker 3: nominal amount of money and they were like yeah sure. 282 00:12:06,600 --> 00:12:08,600 Speaker 3: And like when I do my research into the sort 283 00:12:08,600 --> 00:12:11,280 Speaker 3: of history of football shirts and sponsorship, the early days 284 00:12:11,320 --> 00:12:12,880 Speaker 3: are often just kind of like that. A team will 285 00:12:12,880 --> 00:12:15,280 Speaker 3: win some massive trophy with the local beer company on it, 286 00:12:15,600 --> 00:12:17,360 Speaker 3: and then three years later there'll be no logo because 287 00:12:17,400 --> 00:12:20,400 Speaker 3: it's literally just like some guy. There's no process, there's 288 00:12:20,400 --> 00:12:23,560 Speaker 3: no marketing department, there's no anything. So I suppose Football 289 00:12:23,600 --> 00:12:27,000 Speaker 3: FIFA just Lee was leaving millions, billions of pounds on 290 00:12:27,040 --> 00:12:28,959 Speaker 3: the table. Of course, there is a flip side that 291 00:12:29,000 --> 00:12:31,520 Speaker 3: if you ruthlessly commercialize it to within an inch of 292 00:12:31,520 --> 00:12:34,520 Speaker 3: its life, you're potentially risking harming the product itself. But 293 00:12:34,559 --> 00:12:36,200 Speaker 3: that's maybe a separate podcast. 294 00:12:36,440 --> 00:12:38,520 Speaker 1: Yeah, I suppose there's a separate party. 295 00:12:38,559 --> 00:12:39,319 Speaker 2: Do you want to get into that? 296 00:12:39,400 --> 00:12:41,680 Speaker 1: Like, yeah, we could, Yeah, we should get into that 297 00:12:41,760 --> 00:12:43,959 Speaker 1: in the current state a little bit more, but talk 298 00:12:44,160 --> 00:12:46,600 Speaker 1: more about some of these deals and how big they 299 00:12:46,600 --> 00:12:48,520 Speaker 1: were and how unusual they were. So you go from 300 00:12:48,559 --> 00:12:51,240 Speaker 1: like okay, a tailor in one World Cup to then 301 00:12:51,559 --> 00:12:53,880 Speaker 1: a few World Cups later into Coca Cola and the 302 00:12:54,280 --> 00:12:55,600 Speaker 1: biggest Yeah, and there were. 303 00:12:55,440 --> 00:12:57,360 Speaker 3: Like twenty million dollar deals and this kind of thing. 304 00:12:57,440 --> 00:12:59,480 Speaker 1: Yeah, So talk about like who are some of the 305 00:12:59,480 --> 00:13:02,720 Speaker 1: big spants theres in like you know what there we like, 306 00:13:02,720 --> 00:13:03,880 Speaker 1: what were some of these deals? 307 00:13:04,080 --> 00:13:04,240 Speaker 3: Yeah? 308 00:13:04,320 --> 00:13:05,640 Speaker 1: Yeah, and what were some of these deals that they 309 00:13:05,679 --> 00:13:06,760 Speaker 1: signed in nineteen ninety four. 310 00:13:06,880 --> 00:13:08,720 Speaker 3: Yeah. So this guy on Rothenberg who was the kind 311 00:13:08,760 --> 00:13:10,360 Speaker 3: of see the guy running the bit and he was 312 00:13:10,559 --> 00:13:12,640 Speaker 3: very who came from an NBA background and he was 313 00:13:12,760 --> 00:13:15,680 Speaker 3: very commercially minded and he turned it into this big 314 00:13:15,679 --> 00:13:18,319 Speaker 3: commercial event, I think very effectively but yeah, the sponsors are, 315 00:13:18,360 --> 00:13:20,480 Speaker 3: you know, like the ones we see now, like Coca Cola, 316 00:13:20,600 --> 00:13:24,679 Speaker 3: like Visa, these huge multinational corporations that the World Cups 317 00:13:24,679 --> 00:13:27,400 Speaker 3: hadn't really seen in the same extent before, and American companies, 318 00:13:27,400 --> 00:13:30,720 Speaker 3: which is what we see now. 319 00:13:44,080 --> 00:13:45,839 Speaker 2: So I want to go back to something you said 320 00:13:45,920 --> 00:13:48,640 Speaker 2: about the nineteen ninety World Cup, and you mentioned that 321 00:13:48,760 --> 00:13:51,880 Speaker 2: it was lionized or I guess looms large in a 322 00:13:51,880 --> 00:13:56,640 Speaker 2: lot of people's football memories, especially in Europe. What actually 323 00:13:56,679 --> 00:14:01,280 Speaker 2: makes a World Cup successful? Like, what is that essence 324 00:14:01,920 --> 00:14:04,800 Speaker 2: that you can point to that means you can say 325 00:14:04,840 --> 00:14:07,480 Speaker 2: something like, oh, people love the nineteen ninety World Cup 326 00:14:07,600 --> 00:14:09,719 Speaker 2: versus I don't know. I don't want to name of 327 00:14:09,720 --> 00:14:13,480 Speaker 2: any specific World Cups as absolute failures, but you could 328 00:14:13,480 --> 00:14:15,520 Speaker 2: pluck a few examples. I suppose. 329 00:14:15,800 --> 00:14:17,400 Speaker 3: Well, I think the two big things are a your 330 00:14:17,400 --> 00:14:20,400 Speaker 3: team winning or doing really well, and being in your twenties. 331 00:14:20,960 --> 00:14:23,400 Speaker 3: Like most things in life, you look back on it, 332 00:14:23,440 --> 00:14:25,640 Speaker 3: and I suppose lots of people, you know, look back 333 00:14:25,680 --> 00:14:27,320 Speaker 3: on nineteen ninety at the who are in positions a 334 00:14:27,360 --> 00:14:29,560 Speaker 3: power at the moment, and that's wonderful for me. Twenty 335 00:14:29,600 --> 00:14:32,520 Speaker 3: eighteen in England were in Russia and England did surprisingly 336 00:14:32,520 --> 00:14:35,280 Speaker 3: well after being dreadful for twenty years and the sunshine 337 00:14:35,320 --> 00:14:37,320 Speaker 3: every day for three months and it was just a 338 00:14:37,360 --> 00:14:39,600 Speaker 3: party in England, which was fun. So I think a 339 00:14:39,600 --> 00:14:41,640 Speaker 3: lot of it is that like social cultural stuff, but 340 00:14:42,080 --> 00:14:45,440 Speaker 3: you know, on the broader sense, exciting games, close games, 341 00:14:46,000 --> 00:14:48,040 Speaker 3: but like moments and people you know you look back to, 342 00:14:48,080 --> 00:14:50,400 Speaker 3: like Diego Maradona. Do you know about the hand of God? 343 00:14:50,440 --> 00:14:53,800 Speaker 1: In nineteen there was eighty six? In nineteen ninety there 344 00:14:53,840 --> 00:14:55,840 Speaker 1: was the first World Cup I paid attention to and 345 00:14:55,880 --> 00:14:58,600 Speaker 1: I knew about, and then he had a pretty disappointing 346 00:14:58,800 --> 00:15:01,880 Speaker 1: nineteen ninety World Cup. It was Argentina was pretty mediocre 347 00:15:02,000 --> 00:15:04,720 Speaker 1: that year, right, But I was like pretty obsessed with 348 00:15:04,760 --> 00:15:07,240 Speaker 1: a Madadonna that year and I was sort of, as 349 00:15:07,280 --> 00:15:10,600 Speaker 1: a young kid, disappointed that he didn't wasn't it couldn't 350 00:15:10,600 --> 00:15:11,520 Speaker 1: bring back the magic? 351 00:15:11,800 --> 00:15:13,560 Speaker 3: Yeah, And I think particularly as the game extends. So 352 00:15:13,640 --> 00:15:15,600 Speaker 3: I'm from, you know, an English background where I went. 353 00:15:15,800 --> 00:15:17,520 Speaker 3: I've been going to see my club aston Villa since 354 00:15:17,520 --> 00:15:18,960 Speaker 3: I was like four years old, and it's so like 355 00:15:19,000 --> 00:15:22,080 Speaker 3: deeply in my blood that you know, like, but that's 356 00:15:22,120 --> 00:15:23,440 Speaker 3: a tiny mind. I think that's a minority of the 357 00:15:23,440 --> 00:15:25,920 Speaker 3: people whoatch the World Cup, most people are from you know, 358 00:15:26,040 --> 00:15:27,600 Speaker 3: parts of the world where they might tune in once 359 00:15:27,640 --> 00:15:29,400 Speaker 3: every four years, and it's all about, you know, those 360 00:15:29,480 --> 00:15:31,960 Speaker 3: characters and memories and people, and you know, I'm thinking 361 00:15:31,960 --> 00:15:34,200 Speaker 3: about nineteen ninety the famous one in England would be 362 00:15:34,280 --> 00:15:36,200 Speaker 3: Gazas tears. I don't know if that means anything to you, 363 00:15:36,280 --> 00:15:39,920 Speaker 3: but Paul Gascoigne, the sort of maverick Englishman who was 364 00:15:40,120 --> 00:15:43,320 Speaker 3: like pretty sort of chaotic personal life and he was 365 00:15:43,360 --> 00:15:45,680 Speaker 3: brilliant but sort of very flawed and he got a 366 00:15:45,760 --> 00:15:48,240 Speaker 3: yellow card in the semi final against Germany that mean 367 00:15:48,280 --> 00:15:50,960 Speaker 3: who couldn't play in the final and he cried, and 368 00:15:51,040 --> 00:15:52,760 Speaker 3: it's like Gaza's tears. Is this sort of it's like 369 00:15:52,800 --> 00:15:55,080 Speaker 3: a part of Britain's national story, like the sort of 370 00:15:55,200 --> 00:15:57,800 Speaker 3: romantic view of football in that way. And you know, 371 00:15:57,840 --> 00:15:59,920 Speaker 3: England didn't get to the fund semifinal. England lost that 372 00:16:00,040 --> 00:16:02,960 Speaker 3: semi final to Germany on penalties, which then happened again 373 00:16:03,000 --> 00:16:05,360 Speaker 3: six years later. And this idea of like losing to 374 00:16:05,440 --> 00:16:07,720 Speaker 3: Germany every time is like a very deep in the 375 00:16:07,800 --> 00:16:10,080 Speaker 3: kind of national myth and every country has its own, 376 00:16:10,080 --> 00:16:12,360 Speaker 3: Like I've just been in Argentina, and like eighty six 377 00:16:12,520 --> 00:16:15,640 Speaker 3: with Maradonna and you know, twenty twenty two with Messi. 378 00:16:15,720 --> 00:16:18,280 Speaker 3: The interesting one is nineteen seventy eight when Argentina won 379 00:16:18,320 --> 00:16:20,960 Speaker 3: the World Cup and a military dictatorship as people were 380 00:16:20,960 --> 00:16:22,600 Speaker 3: being tortured like a mile down the road, and that's 381 00:16:22,680 --> 00:16:25,480 Speaker 3: kind of slightly airbrushed out of the story, but like, yeah, 382 00:16:25,520 --> 00:16:27,640 Speaker 3: these people, these characters, I think is what really makes 383 00:16:27,640 --> 00:16:28,960 Speaker 3: World Cups above anything else. 384 00:16:29,240 --> 00:16:31,840 Speaker 1: Someone told me this should probably fake, but it's like 385 00:16:31,880 --> 00:16:35,440 Speaker 1: one of those things that people say, apparently some extraordinary 386 00:16:35,480 --> 00:16:38,000 Speaker 1: number of people in England have nineteen sixty six because 387 00:16:38,040 --> 00:16:41,960 Speaker 1: there are a pin current for their ac and they're like, 388 00:16:42,000 --> 00:16:43,800 Speaker 1: you can just guess the once pin because in the 389 00:16:43,880 --> 00:16:45,480 Speaker 1: last time England won the World Cup. 390 00:16:45,560 --> 00:16:46,520 Speaker 3: Oh totally. Yeah. 391 00:16:46,560 --> 00:16:49,400 Speaker 2: This was something that always used to happen. If for 392 00:16:49,480 --> 00:16:51,800 Speaker 2: the ten years that I was in the UK, every 393 00:16:51,800 --> 00:16:54,320 Speaker 2: time there was a World Cup, people would get really 394 00:16:54,360 --> 00:16:58,000 Speaker 2: excited about bringing back the trophy and you would get 395 00:16:58,000 --> 00:17:00,480 Speaker 2: all the analysts at the banks with the l side 396 00:17:00,600 --> 00:17:03,280 Speaker 2: research and if they really wanted to get a bunch 397 00:17:03,320 --> 00:17:06,000 Speaker 2: of clients happy, they would say that Englian was going 398 00:17:06,080 --> 00:17:07,280 Speaker 2: to win the World A. 399 00:17:07,240 --> 00:17:12,040 Speaker 1: Crystical model Yeah, football is coming home. Yeah, I know 400 00:17:12,080 --> 00:17:13,680 Speaker 1: a few yeah feel fact Yeah. 401 00:17:13,480 --> 00:17:15,479 Speaker 3: Which is a kind of slightly misunderstood slogan, I think 402 00:17:15,480 --> 00:17:17,679 Speaker 3: because it's seen as this arrogance or this like we 403 00:17:17,760 --> 00:17:20,720 Speaker 3: invented it and with this imperial people who are going 404 00:17:20,800 --> 00:17:22,919 Speaker 3: to colonize you and win everything, which it's actually this 405 00:17:22,920 --> 00:17:25,600 Speaker 3: sort of extremely sort of self deprecating to the point 406 00:17:25,600 --> 00:17:28,399 Speaker 3: of like melancholic thing about how we never win anything 407 00:17:28,400 --> 00:17:30,000 Speaker 3: and it's all really miserable, which is sort of a 408 00:17:30,200 --> 00:17:31,360 Speaker 3: national character, I suppose. 409 00:17:31,720 --> 00:17:34,640 Speaker 2: So I noticed some extent we're talking about vibes, and 410 00:17:34,800 --> 00:17:37,600 Speaker 2: it's hard to pinpoint those exactly, But I'm really interested 411 00:17:37,600 --> 00:17:39,879 Speaker 2: in the contrast between the nineteen ninety World Cup and 412 00:17:40,000 --> 00:17:42,800 Speaker 2: nineteen ninety four. So you go from a very European, 413 00:17:43,320 --> 00:17:46,720 Speaker 2: not that commercialized event to something that is much more 414 00:17:46,760 --> 00:17:51,119 Speaker 2: American and there's a lot more focus on actually generating money. 415 00:17:51,600 --> 00:17:56,040 Speaker 2: So how did those two events stack up against each other? 416 00:17:56,119 --> 00:17:57,280 Speaker 2: This is what I'm trying to get at. 417 00:17:57,520 --> 00:17:59,240 Speaker 3: Yeah, well, and then you hit this sort of well, 418 00:17:59,280 --> 00:18:01,679 Speaker 3: I mean, it's the beginning. USA is the beginning of 419 00:18:01,680 --> 00:18:04,200 Speaker 3: a process. It's the beginning of this exponential curve where 420 00:18:04,240 --> 00:18:07,080 Speaker 3: like people are throwing around the figure twelve billion for 421 00:18:07,119 --> 00:18:09,000 Speaker 3: this World Cup, when three World Cups ago it was 422 00:18:09,320 --> 00:18:11,480 Speaker 3: half that. It's many billions more than guitar. So the 423 00:18:11,600 --> 00:18:13,600 Speaker 3: USA is not massive, but it's the beginning of the 424 00:18:13,680 --> 00:18:16,159 Speaker 3: exponential curve in which the figure that well, you know, 425 00:18:16,200 --> 00:18:18,639 Speaker 3: the nineteen ninety World Cup in Italy like lost money. 426 00:18:18,920 --> 00:18:21,880 Speaker 3: The USA ninety four is this beginning of I think 427 00:18:21,880 --> 00:18:24,640 Speaker 3: maybe people didn't realize at the time what a commercial 428 00:18:24,680 --> 00:18:26,880 Speaker 3: success it could be and how much money was potentially 429 00:18:26,880 --> 00:18:29,520 Speaker 3: on the table from World Cups themselves, and that's when 430 00:18:29,520 --> 00:18:31,360 Speaker 3: you lead it to feed for itself, becoming this much 431 00:18:31,400 --> 00:18:32,760 Speaker 3: more ruthlessly commercial body. 432 00:18:33,040 --> 00:18:35,119 Speaker 1: Maybe the right way to think about the compare and 433 00:18:35,200 --> 00:18:38,800 Speaker 1: contrast is not nineteen ninety verse nineteen ninety four, but 434 00:18:38,960 --> 00:18:42,280 Speaker 1: nineteen ninety in Italy versus nineteen ninety eight in France, 435 00:18:42,760 --> 00:18:47,720 Speaker 1: both hosted by European stalwart soccer nations. How did those 436 00:18:47,800 --> 00:18:51,359 Speaker 1: two differ with nineteen ninety four having split them in 437 00:18:51,400 --> 00:18:53,879 Speaker 1: the middle, And how much more commercialized and different was 438 00:18:53,960 --> 00:18:56,320 Speaker 1: nineteen ninety eight versus nineteen ninety. 439 00:18:56,160 --> 00:18:58,400 Speaker 3: Or much more commercial And you have these big sponsors 440 00:18:58,480 --> 00:19:01,080 Speaker 3: much more prominent in the stadium, already much more commercial, 441 00:19:01,119 --> 00:19:02,840 Speaker 3: I mean The interesting thing about nineteen ninety eight is 442 00:19:02,880 --> 00:19:05,639 Speaker 3: that France now feels like a stolewart football nation. It 443 00:19:05,720 --> 00:19:08,000 Speaker 3: kind of wasn't before nineteen ninety eight, and then in 444 00:19:08,040 --> 00:19:11,560 Speaker 3: France because it's a story of economic history and industrialization 445 00:19:11,720 --> 00:19:14,639 Speaker 3: that France industrialized later than England, and it was a 446 00:19:14,800 --> 00:19:17,280 Speaker 3: country where most of its people lived in villages rather 447 00:19:17,280 --> 00:19:19,840 Speaker 3: than towns and cities, and football is everywhere and always 448 00:19:19,880 --> 00:19:22,280 Speaker 3: a game of the city. It was spread by trams 449 00:19:22,280 --> 00:19:25,080 Speaker 3: and trains inside cities. It was initially a child of 450 00:19:25,119 --> 00:19:27,439 Speaker 3: the weekend. The first week workers to get weekend in 451 00:19:27,440 --> 00:19:30,200 Speaker 3: industrial England were the people who played organized football first 452 00:19:30,240 --> 00:19:33,840 Speaker 3: the satsate three pm slot. France industrialized later, so it 453 00:19:33,880 --> 00:19:35,960 Speaker 3: did not have that same culture, and there are pockets 454 00:19:35,960 --> 00:19:37,840 Speaker 3: of it, you know, sin Etien, an industrial town in 455 00:19:37,840 --> 00:19:39,960 Speaker 3: the south of France, But really France was not a 456 00:19:39,960 --> 00:19:43,080 Speaker 3: big football country deep into the even nineteen ninety eight, 457 00:19:43,119 --> 00:19:45,199 Speaker 3: and then that changed overnight. But still even now, you know, 458 00:19:45,440 --> 00:19:47,280 Speaker 3: you go to a small French city and it's just 459 00:19:47,320 --> 00:19:49,200 Speaker 3: not a thing that people talk about in a way 460 00:19:49,200 --> 00:19:51,639 Speaker 3: that it is in England and in Spain and Italy. 461 00:19:51,840 --> 00:19:54,440 Speaker 2: Can I ask a very basic question, so you've said 462 00:19:54,440 --> 00:19:57,000 Speaker 2: the word exponential a number of times. In terms of 463 00:19:57,040 --> 00:20:01,040 Speaker 2: the commercialization of the World Cup. FIFA is a not 464 00:20:01,200 --> 00:20:03,840 Speaker 2: for profit, right, Like technically it's not. 465 00:20:04,080 --> 00:20:07,200 Speaker 1: For debating this over the like what is FIFA. 466 00:20:07,280 --> 00:20:10,280 Speaker 2: It's supposed to reinvest its money like back into the sport. 467 00:20:10,520 --> 00:20:14,960 Speaker 2: So what actually you know, basic question here, but what's 468 00:20:15,119 --> 00:20:19,400 Speaker 2: driving the urge to generate money from advertising revenue? 469 00:20:19,560 --> 00:20:23,200 Speaker 3: So FIFA is a is a vehicle for funneling money 470 00:20:23,240 --> 00:20:27,359 Speaker 3: from advertisers and TV to member associations. There are two 471 00:20:27,440 --> 00:20:30,520 Speaker 3: hundred and something member associations that make up FIFA. They 472 00:20:30,600 --> 00:20:33,600 Speaker 3: vote for the president, Jenny and Fantino. The World Cup 473 00:20:33,680 --> 00:20:35,720 Speaker 3: is this huge bonanza of cash, both in terms of 474 00:20:35,760 --> 00:20:38,960 Speaker 3: tikto ticketing, as this multi billion dollar thing is completely new. 475 00:20:39,000 --> 00:20:40,959 Speaker 3: I mean, I'm sure you've heard a lot about ticket 476 00:20:40,960 --> 00:20:44,160 Speaker 3: prices and lots of European dropping outrage about that. Americans 477 00:20:44,160 --> 00:20:46,680 Speaker 3: say that's just you know, capitalism, baby or whatever. But 478 00:20:46,760 --> 00:20:48,920 Speaker 3: like it's like two three billion dollars now, which is 479 00:20:48,960 --> 00:20:52,399 Speaker 3: completely new, and the advertising as well. FIFA is the 480 00:20:52,480 --> 00:20:54,920 Speaker 3: kind of middleman and then that money goes to member 481 00:20:54,960 --> 00:20:59,960 Speaker 3: associations and it's one member, one vote. So if you're England, Brazil, Germany. 482 00:21:00,240 --> 00:21:03,760 Speaker 3: You have the same vote as Cape Bird Suriname, and 483 00:21:03,800 --> 00:21:06,959 Speaker 3: it means that these countries have incredibly glitzy facilities and 484 00:21:07,000 --> 00:21:08,600 Speaker 3: it means that they tend to re elect the president. 485 00:21:08,800 --> 00:21:11,920 Speaker 1: Okay, so that makes sense. So in terms of corporate structure, 486 00:21:12,040 --> 00:21:14,240 Speaker 1: is it the Premier League? Is that a for profit 487 00:21:14,400 --> 00:21:17,720 Speaker 1: organization or is there yet another sort of non profit 488 00:21:17,880 --> 00:21:22,680 Speaker 1: layer that sits above a bunch of privately owned clubs 489 00:21:22,680 --> 00:21:23,560 Speaker 1: which are for profit. 490 00:21:23,720 --> 00:21:26,160 Speaker 3: That's correct. Yeah, it's a member association and it votes 491 00:21:26,200 --> 00:21:26,879 Speaker 3: for its members. 492 00:21:27,000 --> 00:21:30,000 Speaker 1: What about the MLS? Is that the similar structure where 493 00:21:30,040 --> 00:21:33,680 Speaker 1: the MLS is a sort of nominally. 494 00:21:33,240 --> 00:21:34,399 Speaker 3: Non a franchise system. 495 00:21:34,440 --> 00:21:35,639 Speaker 1: Oh, it's a franchise system. 496 00:21:35,720 --> 00:21:38,880 Speaker 3: So the US sports model, which is where a franchise 497 00:21:38,880 --> 00:21:41,000 Speaker 3: system where there's no promotion and relegation, which of course 498 00:21:41,000 --> 00:21:43,159 Speaker 3: is deeply part of European sport. It means that the 499 00:21:43,240 --> 00:21:46,160 Speaker 3: valuations of clubs are much lower because you can get 500 00:21:46,160 --> 00:21:49,440 Speaker 3: relegated and Totmham Hotspur, who are a very big club 501 00:21:49,440 --> 00:21:53,360 Speaker 3: in England, extremely close came close to getting relegated, which 502 00:21:53,400 --> 00:21:54,840 Speaker 3: means you fall out of the Premier League and into 503 00:21:54,840 --> 00:21:55,400 Speaker 3: the ellegue below. 504 00:21:55,520 --> 00:21:58,520 Speaker 2: My husband is a Spurs fan, so this has been 505 00:21:58,560 --> 00:21:59,800 Speaker 2: a painful bring. 506 00:21:59,760 --> 00:22:02,240 Speaker 3: Up any trauma. I've read stuff around the time saying 507 00:22:02,240 --> 00:22:05,159 Speaker 3: that even that Spurs came close to relegation, it's going 508 00:22:05,200 --> 00:22:08,879 Speaker 3: to harm the valuation of Manchester United and Chelsea and 509 00:22:08,920 --> 00:22:11,440 Speaker 3: these other teams because it feels possible in a way 510 00:22:11,440 --> 00:22:13,720 Speaker 3: it didn't a year ago. Too big to fail. 511 00:22:13,840 --> 00:22:16,440 Speaker 1: I haven't thought about that that basically like that, it 512 00:22:16,560 --> 00:22:19,679 Speaker 1: puts it implicitly that there's a left tail outcome for 513 00:22:19,720 --> 00:22:23,040 Speaker 1: a club, any club ownership that is just not possible. 514 00:22:23,040 --> 00:22:26,359 Speaker 1: And then like Major League Baseball, are obviously Major League 515 00:22:26,359 --> 00:22:29,520 Speaker 1: Soccer where you just prominently have that spot at the top. 516 00:22:29,520 --> 00:22:30,359 Speaker 1: That's super interesting. 517 00:22:30,480 --> 00:22:32,520 Speaker 2: Yeah, there's there's real stakes. 518 00:22:32,520 --> 00:22:35,280 Speaker 3: And relegation is obviously very unlikely. But Champions League FOOTBA 519 00:22:35,280 --> 00:22:37,199 Speaker 3: also the top four or five teams in England go 520 00:22:37,280 --> 00:22:40,160 Speaker 3: on to play in the Champions League, the European wide competition, 521 00:22:40,200 --> 00:22:43,320 Speaker 3: which is hugely lucrative. And my team aston Villa who 522 00:22:43,440 --> 00:22:45,199 Speaker 3: are punching way above their way at the moment and 523 00:22:45,240 --> 00:22:47,679 Speaker 3: have qualified this year, but that means there's not a 524 00:22:47,680 --> 00:22:50,240 Speaker 3: spot for you know, Chelsea haven't qualified this year, Manchester 525 00:22:50,280 --> 00:22:53,320 Speaker 3: United have gone several years without qualifying. They have this year. 526 00:22:53,440 --> 00:22:55,440 Speaker 3: But that's a like left tail risk, which is really 527 00:22:55,520 --> 00:22:57,720 Speaker 3: quite likely and means that you're not going to get 528 00:22:57,720 --> 00:22:59,600 Speaker 3: that huge part of money next year, and the odds 529 00:22:59,600 --> 00:23:00,760 Speaker 3: are pretty The. 530 00:23:00,640 --> 00:23:06,399 Speaker 1: Flip side is that teams and lower rated leagues. We 531 00:23:06,440 --> 00:23:09,720 Speaker 1: did that episode years and years ago with that bitcoiner 532 00:23:09,920 --> 00:23:13,240 Speaker 1: who bought like a team like Bedford England or something 533 00:23:13,280 --> 00:23:16,200 Speaker 1: like that, the fifth team down with like his pitcoin profits, 534 00:23:16,240 --> 00:23:18,399 Speaker 1: and he had dreams of like bringing them up, you know, 535 00:23:18,520 --> 00:23:22,359 Speaker 1: like you could have like sort of like entrepreneurial football entrepreneurs. 536 00:23:22,600 --> 00:23:26,000 Speaker 1: Like yeah, so like it does seem like, you know, 537 00:23:26,320 --> 00:23:27,760 Speaker 1: I think it would be more exciting. I actually have 538 00:23:27,800 --> 00:23:30,399 Speaker 1: an old friend or kind of a friend who owns 539 00:23:30,440 --> 00:23:34,159 Speaker 1: a US soccer club in a smaller league, and he 540 00:23:34,280 --> 00:23:38,280 Speaker 1: wants the US to introduce like relegation and promotion on 541 00:23:38,320 --> 00:23:40,760 Speaker 1: this idea that maybe that club could one day be 542 00:23:40,880 --> 00:23:43,200 Speaker 1: a bigger, more valuable thing. But I have no idea 543 00:23:43,240 --> 00:23:44,080 Speaker 1: if that could ever happen. 544 00:23:44,359 --> 00:23:46,040 Speaker 3: Well, I guess the members would have to vote for it, 545 00:23:46,160 --> 00:23:48,000 Speaker 3: the same you know in any other league. And it's 546 00:23:48,000 --> 00:23:49,679 Speaker 3: a bit kind of Turkey's Vogue for Christmas. 547 00:23:50,760 --> 00:23:53,200 Speaker 2: Okay, since we're on the topic of the Premier League, 548 00:23:53,200 --> 00:23:56,160 Speaker 2: and also right and left tail outcome. So you right 549 00:23:57,000 --> 00:24:00,000 Speaker 2: across your coverage a lot about the influence of geopology 550 00:24:00,320 --> 00:24:02,240 Speaker 2: on football, right and I think at this point everyone 551 00:24:02,320 --> 00:24:05,280 Speaker 2: is familiar with the term sportswashing, so the idea that 552 00:24:05,680 --> 00:24:10,560 Speaker 2: certain governments, certain people, certain companies will sponsor a football 553 00:24:10,600 --> 00:24:13,720 Speaker 2: team to make themselves look good and maybe distract from 554 00:24:13,760 --> 00:24:17,199 Speaker 2: other scandals. One thing that's interesting to me now is 555 00:24:17,320 --> 00:24:20,199 Speaker 2: it kind of feels like sportswashing can also go in 556 00:24:20,240 --> 00:24:24,840 Speaker 2: the other direction, where you can end up having geopolitical vulnerabilities. 557 00:24:24,880 --> 00:24:29,440 Speaker 2: So if I think about Chelsea, you know, Chelsea basically 558 00:24:29,480 --> 00:24:32,600 Speaker 2: lost their sugar daddy for lack of a better word, 559 00:24:32,720 --> 00:24:34,760 Speaker 2: in the form of Abramovich. And I think at some 560 00:24:34,800 --> 00:24:37,520 Speaker 2: point there was talk about maybe sanctions in the UK 561 00:24:37,760 --> 00:24:43,120 Speaker 2: against the Emirates and obviously Manchester United owned by Americans, 562 00:24:43,160 --> 00:24:46,760 Speaker 2: and I imagine for some British people, Americans aren't that popular. 563 00:24:46,880 --> 00:24:51,199 Speaker 2: Right now, does the influence of sportswashing go in the 564 00:24:51,240 --> 00:24:51,840 Speaker 2: other way? 565 00:24:52,160 --> 00:24:54,560 Speaker 3: Well, I mean Chelsea, yes, it was very embarrassing for them. 566 00:24:54,800 --> 00:24:57,919 Speaker 3: Abromvirich was sanctioned by the American government, but fundamentally Chelsea 567 00:24:57,960 --> 00:25:00,080 Speaker 3: had won one league title before he came out in 568 00:25:00,280 --> 00:25:03,640 Speaker 3: the early two thousands. They won five in the eighteen 569 00:25:03,880 --> 00:25:05,520 Speaker 3: nineteen years after that, so I don't think they'll be 570 00:25:05,600 --> 00:25:06,879 Speaker 3: you know, would would they have taken that? As a 571 00:25:06,960 --> 00:25:09,000 Speaker 3: Chelsea fan at the start, I basically think, and this 572 00:25:09,040 --> 00:25:11,080 Speaker 3: is maybe putting myself out of a job. No one 573 00:25:11,119 --> 00:25:14,440 Speaker 3: cares that much. Like, no one, like people don't become 574 00:25:14,440 --> 00:25:17,280 Speaker 3: a sports team to grapple with geopolitics. And it's kind 575 00:25:17,320 --> 00:25:20,800 Speaker 3: of pretty terrible sometimes, I think, because like Newcastle United 576 00:25:20,880 --> 00:25:23,200 Speaker 3: is probably the most egregious example because they're literally owned 577 00:25:23,200 --> 00:25:26,720 Speaker 3: by the public Investment Fund of Saudi Arabia, and yeah, 578 00:25:26,760 --> 00:25:29,080 Speaker 3: like that's been I think used as a propaganda vehicle 579 00:25:29,119 --> 00:25:31,600 Speaker 3: for an autocratic state, and yeah, it's pretty bad, But 580 00:25:31,640 --> 00:25:33,960 Speaker 3: I don't think fans care. And Newcastle United is like 581 00:25:34,000 --> 00:25:36,520 Speaker 3: a very working class club with a really proud history 582 00:25:36,560 --> 00:25:38,199 Speaker 3: in this sort of quite you know town that's had 583 00:25:38,240 --> 00:25:40,320 Speaker 3: a rough few decades and a very proud and very 584 00:25:40,440 --> 00:25:43,919 Speaker 3: amazing institution. And it's a very clever move for the 585 00:25:43,920 --> 00:25:45,600 Speaker 3: Saudi Investment Fund to buy it because it has so 586 00:25:45,680 --> 00:25:48,120 Speaker 3: much sort of authenticity and credibility. 587 00:25:48,480 --> 00:25:51,359 Speaker 1: Was there some team that has gets prom under logo. 588 00:25:51,960 --> 00:25:54,840 Speaker 3: That well teed me up, because that's the first whole 589 00:25:54,880 --> 00:25:55,880 Speaker 3: first chapter of my book. 590 00:25:56,240 --> 00:25:57,560 Speaker 1: Which team was there? 591 00:25:58,000 --> 00:26:00,919 Speaker 3: That's Shoulker in Gelson Kirshen and where I travel and 592 00:26:00,960 --> 00:26:02,720 Speaker 3: speak to lots of people. So yeah, the great thing 593 00:26:02,760 --> 00:26:05,159 Speaker 3: there was they had gas prom on their shirts, and 594 00:26:05,200 --> 00:26:07,560 Speaker 3: when I went there two years after the invasion of Ukraine, 595 00:26:07,880 --> 00:26:10,200 Speaker 3: lots of people were wearing blue stickers over the gas 596 00:26:10,240 --> 00:26:12,520 Speaker 3: prom logo because they were shamed by it. But yeah, 597 00:26:12,720 --> 00:26:17,040 Speaker 3: Russian gas and German politics were deeply entwined for decades 598 00:26:17,200 --> 00:26:21,919 Speaker 3: and best exhibited in the shirt of Sholka, and politicians 599 00:26:22,000 --> 00:26:25,520 Speaker 3: and executives would wine and dine there. Germany was buying 600 00:26:25,600 --> 00:26:27,680 Speaker 3: cheap gas from Russia, so both sides were getting something 601 00:26:27,680 --> 00:26:30,080 Speaker 3: out of it. Because Germany doesn't have much natural resources, 602 00:26:30,280 --> 00:26:32,760 Speaker 3: Russia needed the cash. It all came crashing down in 603 00:26:32,760 --> 00:26:35,240 Speaker 3: twenty twenty two. The one team that does still have 604 00:26:35,560 --> 00:26:38,760 Speaker 3: gas prom on their shirts is Red Star Belgrade in Serbia, 605 00:26:38,800 --> 00:26:42,080 Speaker 3: who also play in European competitions. But of course Serbia 606 00:26:42,160 --> 00:26:44,480 Speaker 3: is much more pally with Russia than the rest of Europe, 607 00:26:44,560 --> 00:26:45,760 Speaker 3: so they don't see a problem there. 608 00:26:45,840 --> 00:26:48,639 Speaker 1: So who did did did their team? Did they get 609 00:26:48,680 --> 00:26:49,360 Speaker 1: a new sponsor? 610 00:26:49,520 --> 00:26:51,679 Speaker 3: Sholka well, they lost loads of money overnight. It was 611 00:26:51,720 --> 00:26:54,960 Speaker 3: like ten million euros and they'd been kind of declining 612 00:26:54,960 --> 00:26:56,359 Speaker 3: for a while, but it was almost the straw that 613 00:26:56,400 --> 00:26:58,000 Speaker 3: broke the camel's back and they went down to the 614 00:26:58,000 --> 00:27:01,160 Speaker 3: second division in Germany, which was They're a huge club, 615 00:27:01,240 --> 00:27:04,240 Speaker 3: so they took a huge financial hit from losing that sponsorship. 616 00:27:19,960 --> 00:27:23,000 Speaker 2: So, speaking of Jersey history, I guess one of the 617 00:27:23,040 --> 00:27:26,000 Speaker 2: things that's come up in the current World Cup is 618 00:27:26,119 --> 00:27:29,560 Speaker 2: Haiti's jersey. So I think they had to redesign it 619 00:27:29,560 --> 00:27:33,000 Speaker 2: because FIFA said it was too political. You're not allowed 620 00:27:33,000 --> 00:27:35,680 Speaker 2: to have political slogans or like political meanings. And Haiti 621 00:27:35,680 --> 00:27:40,159 Speaker 2: apparently have a little graphic of men during the Haitian 622 00:27:40,320 --> 00:27:42,720 Speaker 2: Revolution and one of them was like a very famous 623 00:27:43,040 --> 00:27:46,200 Speaker 2: war hero, but not even explicitly like maybe a very 624 00:27:46,240 --> 00:27:49,320 Speaker 2: famous war hero. And I find this really interesting because 625 00:27:49,320 --> 00:27:52,040 Speaker 2: obviously there's a lot of judgment involved when you say 626 00:27:52,080 --> 00:27:54,960 Speaker 2: whether a jersey is political or not. And no one 627 00:27:55,040 --> 00:27:58,159 Speaker 2: is going after like the Netherlands for wearing orange and 628 00:27:58,320 --> 00:28:02,480 Speaker 2: promoting Protestantism or right, So like, how do they make 629 00:28:02,520 --> 00:28:05,679 Speaker 2: those calls and does it feel like they're picking on 630 00:28:06,040 --> 00:28:09,840 Speaker 2: maybe smaller countries with fewer resources to fight against some 631 00:28:09,840 --> 00:28:10,760 Speaker 2: of these decisions. 632 00:28:10,840 --> 00:28:12,800 Speaker 3: Well, yeah, all these things are just kind of arbitrary 633 00:28:12,840 --> 00:28:15,000 Speaker 3: judgment calls, you know where. And there's a thing that 634 00:28:15,240 --> 00:28:18,560 Speaker 3: football associations are constantly grappling with because it's people that 635 00:28:18,600 --> 00:28:20,920 Speaker 3: have ripped their shirts off to have something to do 636 00:28:21,040 --> 00:28:23,199 Speaker 3: with Israel, Palestine or and I can see why. But 637 00:28:23,280 --> 00:28:26,560 Speaker 3: then when the Russia Ukraine stuff happened in England, that 638 00:28:26,640 --> 00:28:29,719 Speaker 3: kind of whole football community united around, we support Ukraine 639 00:28:29,720 --> 00:28:31,560 Speaker 3: and flagged and whatever else. So these things are often 640 00:28:32,000 --> 00:28:36,080 Speaker 3: conceeeme hypocritical, conceeem contradictory. Those decisions. It's just some person somewhere, 641 00:28:36,119 --> 00:28:38,480 Speaker 3: you know, How do you objectively make a call like that? 642 00:28:38,600 --> 00:28:40,760 Speaker 3: But yeah, you're right to flag the Netherlands. And it's 643 00:28:40,760 --> 00:28:42,920 Speaker 3: a really interesting one. I've actually on Instagram be doing 644 00:28:42,920 --> 00:28:45,240 Speaker 3: a series that's like white Country plays in each color 645 00:28:45,960 --> 00:28:47,840 Speaker 3: and Heiti is that they play in red and blue 646 00:28:47,840 --> 00:28:50,080 Speaker 3: because it was the French tree color and when they 647 00:28:50,120 --> 00:28:53,080 Speaker 3: overthrew the French, you know, the slave hold of incredible 648 00:28:53,120 --> 00:28:55,400 Speaker 3: slave revolution in Heiti, and they rip the Whites out 649 00:28:55,440 --> 00:28:57,160 Speaker 3: of the flag just to be left with blue and 650 00:28:57,200 --> 00:28:59,640 Speaker 3: red the Netherlands and the orange. The story is William 651 00:28:59,640 --> 00:29:02,040 Speaker 3: of Orange, who's kind of the founding father of the Netherlands. 652 00:29:02,400 --> 00:29:04,000 Speaker 3: But in I don't know if you know, the Association 653 00:29:04,080 --> 00:29:07,760 Speaker 3: of Orange in Northern Ireland and Scotland of the Protestantism 654 00:29:07,840 --> 00:29:11,920 Speaker 3: and sectarianism and the Club Rangers, which represents the Protestant 655 00:29:12,080 --> 00:29:15,840 Speaker 3: Unionist half of Glasgow while Celtic is the Irish Republican half. 656 00:29:16,040 --> 00:29:18,719 Speaker 3: They play in Orange and it's quite inflammatory because it's associated 657 00:29:18,760 --> 00:29:21,640 Speaker 3: with these sort of sectarian things. So, yeah, the same shirt, 658 00:29:21,680 --> 00:29:22,800 Speaker 3: the same kind of but no one would say that 659 00:29:22,840 --> 00:29:25,720 Speaker 3: about a Netherlands national shirt, even though the original origin 660 00:29:25,760 --> 00:29:28,479 Speaker 3: of the story is similar. It's just these things have 661 00:29:28,480 --> 00:29:30,120 Speaker 3: different meanings in different contexts. 662 00:29:30,120 --> 00:29:33,320 Speaker 1: I suppose tell us about the Jersey and Columbia that 663 00:29:33,920 --> 00:29:36,160 Speaker 1: had a murdered drug dealer onn't it. 664 00:29:36,600 --> 00:29:38,800 Speaker 3: Yeah, so that was Envigado FC and the outskirts of 665 00:29:38,840 --> 00:29:40,920 Speaker 3: Many In which the city which of course gave the 666 00:29:40,920 --> 00:29:43,800 Speaker 3: world Pablo Escobar. But these days are a lovely place to visit. 667 00:29:43,840 --> 00:29:45,200 Speaker 3: I'd recommend it to anyone as a toy. 668 00:29:45,240 --> 00:29:46,480 Speaker 1: I've heard everyone says it to me. 669 00:29:46,720 --> 00:29:50,360 Speaker 3: It's great and just chilled and like great food, great vibes. 670 00:29:50,600 --> 00:29:53,400 Speaker 3: But it was the highest murder rate in the history 671 00:29:53,440 --> 00:29:56,239 Speaker 3: of organized statistics was medy in in the eighties. Like 672 00:29:56,800 --> 00:29:58,440 Speaker 3: it was just people were being gunned down, left, right, 673 00:29:58,440 --> 00:30:01,680 Speaker 3: and center because Pablo Escobar and his cocaine cartel was 674 00:30:01,720 --> 00:30:04,240 Speaker 3: running the show. But football was kind of a tool 675 00:30:04,280 --> 00:30:06,960 Speaker 3: of all this. And Escobar owned the one club in Mediine, 676 00:30:07,000 --> 00:30:10,080 Speaker 3: but other cartels owned clubs in Cali and other Colombian cities. 677 00:30:10,600 --> 00:30:12,160 Speaker 3: But the story I was interested in was a bit 678 00:30:12,240 --> 00:30:14,160 Speaker 3: later than that. Was so Escobar was killed in the 679 00:30:14,160 --> 00:30:16,800 Speaker 3: early nineties, and one of the offshoots from this cartel 680 00:30:17,120 --> 00:30:20,080 Speaker 3: was in Envigado, and this guy was killed, you know, 681 00:30:20,120 --> 00:30:22,400 Speaker 3: drug bosses are liable to get killed, and his son, 682 00:30:23,040 --> 00:30:24,760 Speaker 3: as a loving tribute to his father because they own 683 00:30:24,800 --> 00:30:27,000 Speaker 3: this football club, put his face on the back. So 684 00:30:27,040 --> 00:30:28,680 Speaker 3: on the back of the shirt was this like silhouette 685 00:30:28,680 --> 00:30:30,200 Speaker 3: of this man's face who was like a murdered drug 686 00:30:30,320 --> 00:30:32,440 Speaker 3: cartel leader. And I went to a game there in 687 00:30:32,480 --> 00:30:34,840 Speaker 3: the sort of humid stadium in the middle of the 688 00:30:34,920 --> 00:30:36,960 Speaker 3: day and I saw one. I was like, I've made 689 00:30:36,960 --> 00:30:38,600 Speaker 3: it this far. I really hope I get to see 690 00:30:38,600 --> 00:30:40,320 Speaker 3: the shirt, and right at the end I saw it 691 00:30:40,360 --> 00:30:41,600 Speaker 3: on the back of because it's quite old it's like 692 00:30:41,640 --> 00:30:43,840 Speaker 3: ten years old. But they were sanctioned by the American government. 693 00:30:43,840 --> 00:30:46,360 Speaker 3: They were on this thing, the Clinton List, which is 694 00:30:46,640 --> 00:30:49,760 Speaker 3: when foreign entities can't deal with US companies, so that 695 00:30:49,800 --> 00:30:52,240 Speaker 3: means like banks and everything else. It's really tricky to 696 00:30:52,240 --> 00:30:54,360 Speaker 3: be on that list if you're sanctioned. So they had 697 00:30:54,440 --> 00:30:56,840 Speaker 3: no sponsor for a while after that, so they had 698 00:30:56,920 --> 00:31:00,560 Speaker 3: like the silhouette of the drug cartel leader, no sponsor. 699 00:31:00,640 --> 00:31:03,040 Speaker 3: They was sanctued by the Americans, and now they're in 700 00:31:03,080 --> 00:31:05,200 Speaker 3: by someone else and they just we should say, a 701 00:31:05,280 --> 00:31:06,160 Speaker 3: normal football team. 702 00:31:06,760 --> 00:31:09,640 Speaker 2: How much do those jerseys actually sell for now? Can 703 00:31:09,680 --> 00:31:12,120 Speaker 2: you get them off eBay or something? I imagine they're 704 00:31:12,120 --> 00:31:12,800 Speaker 2: worth a lot of money. 705 00:31:12,800 --> 00:31:14,280 Speaker 3: Oh well, I mean that one's just an incredibly of 706 00:31:14,280 --> 00:31:15,840 Speaker 3: skill on the high fan because I like the story. 707 00:31:15,840 --> 00:31:18,360 Speaker 3: But some of them, oh hundreds and hundreds huge industry 708 00:31:18,360 --> 00:31:20,600 Speaker 3: now and the nostalgia of it people on the kind 709 00:31:20,640 --> 00:31:23,200 Speaker 3: of nineties one from when they were kids, and yeah, 710 00:31:23,240 --> 00:31:24,120 Speaker 3: it's huge industry. 711 00:31:24,240 --> 00:31:24,560 Speaker 1: Yeah. 712 00:31:24,760 --> 00:31:28,640 Speaker 2: Obviously people like football jerseys. And my personal favorite for 713 00:31:28,680 --> 00:31:31,200 Speaker 2: this World Cup is the away kit for Cursow, which 714 00:31:31,240 --> 00:31:33,760 Speaker 2: is this really nice pastel yellow that I think I 715 00:31:33,760 --> 00:31:36,320 Speaker 2: could get away with. But if I go to try 716 00:31:36,320 --> 00:31:39,960 Speaker 2: to buy it. That's selling for like three hundred dollars now, 717 00:31:40,040 --> 00:31:42,000 Speaker 2: and it is nice. Yeah, and I think some of 718 00:31:42,040 --> 00:31:45,280 Speaker 2: the other some of the other popular jerseys, like one 719 00:31:45,320 --> 00:31:47,640 Speaker 2: of the japan ones that has like stripes on it, 720 00:31:47,680 --> 00:31:50,800 Speaker 2: that one's also very cute, like there is a choice. Yeah, 721 00:31:50,840 --> 00:31:53,800 Speaker 2: they're really They're really hard to find now and they're 722 00:31:53,920 --> 00:31:57,000 Speaker 2: selling for a lot of money. What does that actually 723 00:31:57,040 --> 00:31:59,480 Speaker 2: mean for fans? You know, if I'm a Cursow fan 724 00:31:59,520 --> 00:32:01,520 Speaker 2: and I can't get my hands on in away jersey 725 00:32:01,560 --> 00:32:04,680 Speaker 2: unless I pay up like three hundred dollars, that seems 726 00:32:04,880 --> 00:32:05,600 Speaker 2: not ideal. 727 00:32:06,080 --> 00:32:07,880 Speaker 3: Yeah. Well, it's an interesting debate that you hear a 728 00:32:07,880 --> 00:32:10,200 Speaker 3: lot because I mean, you're supply and demand, right, you know, 729 00:32:10,200 --> 00:32:11,800 Speaker 3: they're selling the price that they can get away with it. 730 00:32:11,840 --> 00:32:13,920 Speaker 3: But in England you get like politicians stanning up and 731 00:32:13,920 --> 00:32:16,040 Speaker 3: talking about how much a disgrace it is that the 732 00:32:16,080 --> 00:32:18,160 Speaker 3: shirt is it's priced at that level. I mean, it's 733 00:32:18,160 --> 00:32:21,360 Speaker 3: something that means so much to people that and it's interesting. 734 00:32:21,360 --> 00:32:24,200 Speaker 3: This sort of the conflict between supply and demand and football, 735 00:32:24,240 --> 00:32:25,800 Speaker 3: I think is something that we're seeing a lot at 736 00:32:25,800 --> 00:32:27,960 Speaker 3: the moment with this World Cup, because you know, Arsenal 737 00:32:28,000 --> 00:32:29,360 Speaker 3: who just won the league, who are in London, who 738 00:32:29,360 --> 00:32:32,200 Speaker 3: are really popular. A ticket there is like sixty pounds, 739 00:32:32,200 --> 00:32:34,760 Speaker 3: maybe like eighty dollars, and they're just impossible. They're put 740 00:32:34,760 --> 00:32:37,360 Speaker 3: impossible to get. You need points, Like if you're just 741 00:32:37,440 --> 00:32:39,520 Speaker 3: a random person from the US who wanted to go 742 00:32:39,560 --> 00:32:42,080 Speaker 3: to an Arsenal game next season, you just can't. You 743 00:32:42,120 --> 00:32:43,680 Speaker 3: might be able to buy in the secondary market, which 744 00:32:43,720 --> 00:32:46,480 Speaker 3: is completely unregulated, you might get scammed. What they absolutely 745 00:32:46,560 --> 00:32:48,840 Speaker 3: do not do is raise it to the market clearing 746 00:32:48,920 --> 00:32:51,840 Speaker 3: price and charge one thousand dollars for it, Like that 747 00:32:51,880 --> 00:32:54,000 Speaker 3: just doesn't happen because it's so deeply ingrained in sort 748 00:32:54,000 --> 00:32:56,920 Speaker 3: of European supporting culture that that's like wrong, Whereas the 749 00:32:57,040 --> 00:32:59,120 Speaker 3: US takes a different approach. And this is what we've 750 00:32:59,120 --> 00:32:59,920 Speaker 3: seen at this World Cup. 751 00:33:00,080 --> 00:33:01,600 Speaker 1: When I was in when we were in Madrid, I 752 00:33:01,600 --> 00:33:02,800 Speaker 1: did you know I got into that? 753 00:33:03,480 --> 00:33:04,320 Speaker 2: Did you get a jersey? 754 00:33:04,360 --> 00:33:06,600 Speaker 1: I didn't get a jersey, But you know when I 755 00:33:06,640 --> 00:33:08,880 Speaker 1: went on StubHub to buy my ticket, and I got 756 00:33:08,920 --> 00:33:10,840 Speaker 1: really stressed because as soon as I bought the ticket, 757 00:33:10,840 --> 00:33:12,920 Speaker 1: I got that pop up that said away fans will 758 00:33:12,960 --> 00:33:14,760 Speaker 1: not be allowed into the stadium, And I was like, 759 00:33:14,760 --> 00:33:17,000 Speaker 1: what if they think of an away fan. I doesn't 760 00:33:17,040 --> 00:33:19,560 Speaker 1: speak Spanish, Like, I got like, are they gonna give 761 00:33:19,560 --> 00:33:20,960 Speaker 1: me a light of techno test? So I went and 762 00:33:21,000 --> 00:33:24,040 Speaker 1: I bought a scarf of Utletti and I wore that 763 00:33:24,280 --> 00:33:26,720 Speaker 1: to the stadium so that it's like and then I 764 00:33:26,800 --> 00:33:29,280 Speaker 1: felt okay and I got in no problem. And everyone 765 00:33:29,360 --> 00:33:31,320 Speaker 1: was like, oh, be careful with their StubHub ticket. That 766 00:33:31,440 --> 00:33:33,200 Speaker 1: might be fake. But I was able to get in. 767 00:33:33,440 --> 00:33:35,880 Speaker 1: So my son is a big Messy fan and he 768 00:33:35,920 --> 00:33:39,040 Speaker 1: has a pink Messy jersey. But then today on the 769 00:33:39,080 --> 00:33:41,160 Speaker 1: walk to school, he asked me a messy what's a 770 00:33:41,200 --> 00:33:42,000 Speaker 1: goalie or not? 771 00:33:42,320 --> 00:33:42,800 Speaker 3: Oh my god? 772 00:33:42,800 --> 00:33:44,960 Speaker 1: So I was like, I was like, so he has 773 00:33:45,000 --> 00:33:47,040 Speaker 1: this conception that there is this person in the world 774 00:33:47,160 --> 00:33:50,640 Speaker 1: named Messi, and he has like who he really likes 775 00:33:50,800 --> 00:33:53,600 Speaker 1: but evidently quite clear, I mean he's young, he like, 776 00:33:53,640 --> 00:33:55,920 Speaker 1: does that actually know anything about it? He just knows 777 00:33:55,920 --> 00:33:58,719 Speaker 1: that there is this existence. Likes the jersey, but like, 778 00:33:59,000 --> 00:34:01,520 Speaker 1: why is my undry into this pink jersey? 779 00:34:01,840 --> 00:34:04,400 Speaker 3: Well a very clever bit of marketing from Well. So. 780 00:34:04,560 --> 00:34:06,440 Speaker 3: David Beckham is a part owner of and that's an 781 00:34:06,480 --> 00:34:09,160 Speaker 3: interesting sort of financial story because when he joined La 782 00:34:09,200 --> 00:34:12,200 Speaker 3: Galaxy in two thousand and seven, someone put into his contract, 783 00:34:12,280 --> 00:34:13,839 Speaker 3: whether it was him or he was maybe very well 784 00:34:13,880 --> 00:34:16,920 Speaker 3: advised that he would have the ownership rights when a 785 00:34:16,960 --> 00:34:19,680 Speaker 3: new franchise was introduced into the MLS and that became 786 00:34:19,760 --> 00:34:21,839 Speaker 3: into Miami, and I believe he paid like twenty five 787 00:34:21,880 --> 00:34:24,800 Speaker 3: million dollars, I think, which is basically just a huge bargain. 788 00:34:25,000 --> 00:34:27,080 Speaker 3: That's what now Mirth worth so many times more than that. 789 00:34:27,600 --> 00:34:31,319 Speaker 3: And Beckham, or again maybe someone advising Beckham, settled on 790 00:34:31,400 --> 00:34:33,960 Speaker 3: pink partly because apparently Miami is really pink or the 791 00:34:33,960 --> 00:34:37,879 Speaker 3: buildings of pink, right, but also because basically no other 792 00:34:37,880 --> 00:34:41,000 Speaker 3: team plays in pink. So many teams playing red, Palermo 793 00:34:41,080 --> 00:34:43,160 Speaker 3: and Itsaly playing pink, but that's you know, quite niche, 794 00:34:43,239 --> 00:34:45,200 Speaker 3: but no one. So pink is just so iconic. You 795 00:34:45,239 --> 00:34:47,000 Speaker 3: just need to see, like the collar under a shirt 796 00:34:47,000 --> 00:34:48,920 Speaker 3: and you know instantly. It was a very clever bit 797 00:34:48,960 --> 00:34:51,600 Speaker 3: of marketing. But what's interesting you say about your son 798 00:34:51,600 --> 00:34:55,319 Speaker 3: and Messi because football coming from Europe, the club is 799 00:34:55,360 --> 00:34:57,080 Speaker 3: the first point of reference and that was certainly my 800 00:34:57,120 --> 00:34:59,480 Speaker 3: own upbringing. And if your favorite player lead as well, 801 00:34:59,520 --> 00:35:01,759 Speaker 3: you kind of than when they come back for another team. 802 00:35:01,960 --> 00:35:03,840 Speaker 3: It's all about the club and that's what you identify 803 00:35:03,880 --> 00:35:08,440 Speaker 3: with first. Whereas as football is becoming this bigger global thing, 804 00:35:08,480 --> 00:35:11,359 Speaker 3: it's that the individuals and Messi and Ronaldo who are 805 00:35:11,360 --> 00:35:13,760 Speaker 3: both you know, way past their best and it's possible 806 00:35:13,760 --> 00:35:15,680 Speaker 3: at this tournament they could be not very good, who knows, 807 00:35:16,040 --> 00:35:19,680 Speaker 3: But the individual is now more important globally than the club, 808 00:35:19,760 --> 00:35:20,319 Speaker 3: which is new. 809 00:35:20,480 --> 00:35:23,839 Speaker 2: Interesting just going back to commercialization of the World Cup. 810 00:35:23,960 --> 00:35:27,360 Speaker 2: So you know, we've been talking a lot about advertisers 811 00:35:27,640 --> 00:35:30,759 Speaker 2: and extending you know, the number of games played in 812 00:35:30,880 --> 00:35:34,360 Speaker 2: order to expand I guess, the number of eyeballs on 813 00:35:34,440 --> 00:35:37,200 Speaker 2: the game and all of that. There are other ways 814 00:35:37,239 --> 00:35:41,000 Speaker 2: that FIFA is catering to the American market. So for instance, 815 00:35:41,040 --> 00:35:46,000 Speaker 2: we now have mandated water breaks, which basically turns the 816 00:35:46,040 --> 00:35:49,440 Speaker 2: game into like quarters, right that something that looks a 817 00:35:49,440 --> 00:35:52,719 Speaker 2: lot more like an American football game than it used to. 818 00:35:53,640 --> 00:35:57,640 Speaker 2: How far could we go in terms of the americanization 819 00:35:58,440 --> 00:36:03,160 Speaker 2: of I guess, you know traditionally European slash World football. 820 00:36:03,560 --> 00:36:05,640 Speaker 3: So the other strange thing to me is games start late. 821 00:36:05,719 --> 00:36:07,560 Speaker 3: They start like not really late, they just start like 822 00:36:07,600 --> 00:36:10,239 Speaker 3: five minutes lateh which never happens in Europe and even 823 00:36:10,239 --> 00:36:12,520 Speaker 3: in the You know, these cultures like Italy, Spain, Argentina, 824 00:36:12,560 --> 00:36:14,120 Speaker 3: whe everyone's like late all the time, and that's part 825 00:36:14,120 --> 00:36:16,080 Speaker 3: of the culture. Football never kicks off late. 826 00:36:16,880 --> 00:36:19,560 Speaker 2: The suspense in America keep them, yeah. 827 00:36:19,400 --> 00:36:21,359 Speaker 3: Maybe, but it's like I'm sitting on my sofa being 828 00:36:21,400 --> 00:36:23,279 Speaker 3: like where are they? Like, you know, I've got stuff to. 829 00:36:23,280 --> 00:36:26,839 Speaker 1: Do, like announcing, and someone's singing the national anthem. Yeah 830 00:36:27,000 --> 00:36:29,520 Speaker 1: someone Yeah. That does seem like an American thing where 831 00:36:29,520 --> 00:36:32,680 Speaker 1: there's that real much connection to the nominal time of 832 00:36:32,760 --> 00:36:35,359 Speaker 1: the sporting event and the actual kickoff or tip off. 833 00:36:35,480 --> 00:36:37,839 Speaker 3: But the hydration thing, I mean, I try, I'm trying 834 00:36:37,840 --> 00:36:41,560 Speaker 3: desperately not to be sort of European traditionalists shouting at cloud. 835 00:36:41,640 --> 00:36:44,799 Speaker 3: But hydration breaks are bad. I think they're really bad 836 00:36:44,880 --> 00:36:47,000 Speaker 3: because they completely break up the flow of the game. 837 00:36:47,239 --> 00:36:49,200 Speaker 3: I've been watching a few where it's kind of really exciting. 838 00:36:49,200 --> 00:36:52,280 Speaker 3: You maybe had like an underdog hit it against the ropes, 839 00:36:52,400 --> 00:36:54,600 Speaker 3: like playing really well, and then it complearly takes the 840 00:36:54,640 --> 00:36:56,719 Speaker 3: pace out of everything. And I get it. If it's 841 00:36:56,719 --> 00:36:59,640 Speaker 3: forty degrees like in Texas, fine, but they're doing in 842 00:36:59,640 --> 00:37:02,400 Speaker 3: these condition stadiums. They're doing in Toronto when it was 843 00:37:02,440 --> 00:37:05,720 Speaker 3: like raining it's unnecessary, and I think it's really damaging, 844 00:37:05,760 --> 00:37:07,640 Speaker 3: and I think like the rules of the game have 845 00:37:07,680 --> 00:37:09,439 Speaker 3: barely changed in one hundred and twenty years. It would 846 00:37:09,440 --> 00:37:11,800 Speaker 3: be instantly recognizable if you went back to nineteen hundred. 847 00:37:12,280 --> 00:37:14,040 Speaker 3: And it's a precious thing, and I think if you 848 00:37:14,080 --> 00:37:15,800 Speaker 3: meddle with it a bit, you risk kind of ruining 849 00:37:15,840 --> 00:37:16,600 Speaker 3: the whole experience. 850 00:37:16,760 --> 00:37:18,800 Speaker 1: I have to say, going to the game and Madrid, 851 00:37:18,840 --> 00:37:21,799 Speaker 1: I really liked basically knowing what time the game was 852 00:37:21,800 --> 00:37:23,440 Speaker 1: going to end. You know, you get there at a 853 00:37:23,520 --> 00:37:26,279 Speaker 1: certain time, forty five minutes shorter plus a couple of 854 00:37:26,320 --> 00:37:29,200 Speaker 1: minutes break, forty five minutes plus a couple of minutes 855 00:37:29,440 --> 00:37:31,759 Speaker 1: game's over. And I thought, like, for planning my night, 856 00:37:32,040 --> 00:37:34,000 Speaker 1: it was just very nice to not have to concern 857 00:37:34,080 --> 00:37:34,840 Speaker 1: as it's going to go. 858 00:37:35,000 --> 00:37:35,200 Speaker 3: You know. 859 00:37:35,400 --> 00:37:37,120 Speaker 1: I guess there could have been like penalty kicks or 860 00:37:37,160 --> 00:37:38,480 Speaker 1: something like that, or overtime, but. 861 00:37:39,160 --> 00:37:40,960 Speaker 3: Even then it could be two and a half hours. 862 00:37:41,000 --> 00:37:42,160 Speaker 3: That's an absolute maximum. 863 00:37:42,280 --> 00:37:45,960 Speaker 2: Yeah, with this actually just reminded me when MLS was 864 00:37:46,000 --> 00:37:49,840 Speaker 2: just getting off the ground, didn't they have like something 865 00:37:49,920 --> 00:37:52,400 Speaker 2: where if you were doing penalty shootouts you had to 866 00:37:52,440 --> 00:37:55,279 Speaker 2: like dribble for ages and it was supposed to make 867 00:37:55,320 --> 00:37:55,880 Speaker 2: it more exciting. 868 00:37:55,920 --> 00:37:59,279 Speaker 3: Ring it's great. Yeah, you like that. I love it. Yeah, 869 00:37:59,320 --> 00:38:01,360 Speaker 3: American innovation done right. I mean it's so cool. If 870 00:38:01,360 --> 00:38:03,480 Speaker 3: you watch on YouTube, you see these guys with these 871 00:38:03,520 --> 00:38:05,600 Speaker 3: like really baggy shirts and they all just look like 872 00:38:05,640 --> 00:38:07,400 Speaker 3: though some of those players were like college players, you know, 873 00:38:07,400 --> 00:38:09,319 Speaker 3: w ended up playing for the national team. And the 874 00:38:09,320 --> 00:38:10,719 Speaker 3: way you do it is you get the ball like 875 00:38:10,800 --> 00:38:12,520 Speaker 3: maybe around the halfway line and you just sort of 876 00:38:12,560 --> 00:38:14,879 Speaker 3: run at the goal. Yeah, it makes it much more 877 00:38:15,080 --> 00:38:17,280 Speaker 3: even it's harder to score, so it's like a fifty 878 00:38:17,400 --> 00:38:19,279 Speaker 3: like a hockey. I think a hockey penalty is like 879 00:38:19,600 --> 00:38:22,680 Speaker 3: fifty to fifty, but a football penalty is like eighty percent, 880 00:38:22,800 --> 00:38:24,719 Speaker 3: and it means most of the time it goes in. 881 00:38:25,120 --> 00:38:27,600 Speaker 3: When it doesn't, it's like devastating for the person who misses. 882 00:38:28,080 --> 00:38:29,880 Speaker 3: But it's a much more Yeah, it's fun, it's exciting. 883 00:38:29,920 --> 00:38:31,680 Speaker 3: I'm well up for that. Like, you know, let the 884 00:38:31,719 --> 00:38:32,600 Speaker 3: Americans do their things. 885 00:38:33,480 --> 00:38:35,200 Speaker 2: Now I have to run something by both of you. 886 00:38:35,440 --> 00:38:38,640 Speaker 2: So I had an idea for making football more exciting 887 00:38:38,640 --> 00:38:41,560 Speaker 2: for Americans. So the complaint that you always hear or 888 00:38:41,600 --> 00:38:44,000 Speaker 2: at least score that, my dad says, right, they don't 889 00:38:44,040 --> 00:38:46,440 Speaker 2: score enough goals. Never mind that in the last Super 890 00:38:46,480 --> 00:38:50,280 Speaker 2: Bowl there were like two meaningful touchdowns or something, but whatever, 891 00:38:50,520 --> 00:38:53,360 Speaker 2: there aren't enough goals in soccer. So what if you 892 00:38:53,960 --> 00:38:58,000 Speaker 2: started awarding points for corner, So if you get one 893 00:38:58,040 --> 00:39:01,520 Speaker 2: point per corner successful corner, and then you got three 894 00:39:01,560 --> 00:39:02,799 Speaker 2: points for a goal. 895 00:39:03,640 --> 00:39:06,799 Speaker 3: Oh I'm unconvinced about that. But the Spain KD was 896 00:39:06,880 --> 00:39:08,160 Speaker 3: thrilling and that was nil nil. 897 00:39:10,800 --> 00:39:12,719 Speaker 2: Criticism by the way, you know what I. 898 00:39:14,480 --> 00:39:14,840 Speaker 3: Makes it. 899 00:39:14,880 --> 00:39:16,759 Speaker 1: You know what I was introduced to. Our producer Kill 900 00:39:16,800 --> 00:39:18,840 Speaker 1: showed me this before the athletic game, which I had 901 00:39:18,920 --> 00:39:23,040 Speaker 1: never seen that there was this very like predictive essentially 902 00:39:23,120 --> 00:39:25,719 Speaker 1: I don't know, machine learning AI type thing where at 903 00:39:25,760 --> 00:39:28,279 Speaker 1: any given moment, there's like the swing and you could 904 00:39:28,280 --> 00:39:31,120 Speaker 1: see like who has the momentum? What are these charts called. 905 00:39:31,520 --> 00:39:32,480 Speaker 3: Like the momentum jot. 906 00:39:32,560 --> 00:39:35,080 Speaker 1: Yeah, that's yeah, the momentum charts, and you could say, 907 00:39:35,120 --> 00:39:37,359 Speaker 1: like so that you could see like a team in 908 00:39:37,400 --> 00:39:42,400 Speaker 1: this position would have scored a goal like seventy percent. Yeah, 909 00:39:42,680 --> 00:39:45,479 Speaker 1: And I was thinking maybe a nice way to add 910 00:39:45,520 --> 00:39:48,040 Speaker 1: some more attention is that in the event of a draw, 911 00:39:48,800 --> 00:39:51,799 Speaker 1: that you award the victory to the team that had 912 00:39:51,800 --> 00:39:53,640 Speaker 1: the greater momentum throughout the game. 913 00:39:53,880 --> 00:39:55,840 Speaker 2: No, why wouldn't you just have a penalty shootout? 914 00:39:55,960 --> 00:39:59,640 Speaker 1: No, because then you just encourage attacking play throughout so 915 00:39:59,640 --> 00:40:02,680 Speaker 1: that you're rewarded in the event of a draw. You 916 00:40:02,840 --> 00:40:04,880 Speaker 1: what do you think about that proposal that in the 917 00:40:04,880 --> 00:40:10,160 Speaker 1: event of raw, Yeah, yeah, that's the tiebreaker expect exactly. 918 00:40:10,200 --> 00:40:14,000 Speaker 1: So the tiebreaker is expected goals, and therefore you're rewarded 919 00:40:14,280 --> 00:40:18,280 Speaker 1: for having played consistent attacking play throughout the game, even 920 00:40:18,440 --> 00:40:21,359 Speaker 1: if you know it didn't materialize and the ball went 921 00:40:21,400 --> 00:40:22,800 Speaker 1: out the post or something like that. What do you 922 00:40:22,840 --> 00:40:23,359 Speaker 1: think about that? 923 00:40:23,400 --> 00:40:25,399 Speaker 3: But when the team wins on it, so I expected goals, 924 00:40:25,400 --> 00:40:28,680 Speaker 3: which how yeah good. But when team leaves with a 925 00:40:28,719 --> 00:40:30,480 Speaker 3: better XG, that's the thrill of it, right, that's why 926 00:40:30,600 --> 00:40:31,120 Speaker 3: you get. 927 00:40:31,640 --> 00:40:33,920 Speaker 1: Yeah, yeah, no, that's exciting, and I totally get that. 928 00:40:33,960 --> 00:40:36,440 Speaker 1: And you're like, we should like if one team had 929 00:40:36,480 --> 00:40:39,080 Speaker 1: better XG but the other team got more goals, fine, 930 00:40:39,120 --> 00:40:41,719 Speaker 1: that's exciting. But in the event of a tie, you 931 00:40:41,760 --> 00:40:43,880 Speaker 1: go to the x G and then you like, rather 932 00:40:43,960 --> 00:40:45,920 Speaker 1: than like sort of very defensive. 933 00:40:45,600 --> 00:40:47,680 Speaker 2: People would find some way to game that too. And 934 00:40:47,760 --> 00:40:51,560 Speaker 2: also people are already up in arms about the var Yeah, 935 00:40:51,600 --> 00:40:53,959 Speaker 2: and by the way, I still can't say var without 936 00:40:53,960 --> 00:40:55,080 Speaker 2: thinking about yours. 937 00:40:55,719 --> 00:40:58,160 Speaker 1: But I thought that was exciting. During the game, there 938 00:40:58,160 --> 00:41:01,640 Speaker 1: were two times where the referee years went back and 939 00:41:01,719 --> 00:41:03,480 Speaker 1: looked at a call that was made on the field, 940 00:41:03,719 --> 00:41:06,680 Speaker 1: and I found it that was interesting. The energy in 941 00:41:06,719 --> 00:41:11,600 Speaker 1: the stadium was incredibly high waiting for those referee reviews, 942 00:41:12,160 --> 00:41:14,480 Speaker 1: and I sort of thought it added to the fun 943 00:41:14,600 --> 00:41:16,400 Speaker 1: of like being in the stadium while we were waiting 944 00:41:16,400 --> 00:41:16,960 Speaker 1: for the calls. 945 00:41:17,120 --> 00:41:19,440 Speaker 3: I think it's got better, Yeah, I think it's sped up. 946 00:41:19,520 --> 00:41:20,960 Speaker 3: I think at the beginning there are a lot of 947 00:41:21,000 --> 00:41:23,320 Speaker 3: teething pains and it was often really slow, and often 948 00:41:23,360 --> 00:41:25,359 Speaker 3: people in the stadiums. What they're doing better at now 949 00:41:25,400 --> 00:41:27,560 Speaker 3: is communicating to the people in the stadium, Because I've 950 00:41:27,560 --> 00:41:28,960 Speaker 3: been in a stadium where it just goes on for 951 00:41:29,000 --> 00:41:31,640 Speaker 3: like five minutes. People are like texting their friends saying, 952 00:41:31,640 --> 00:41:33,800 Speaker 3: what's going on? Are you're watching on TV? So it 953 00:41:33,840 --> 00:41:36,880 Speaker 3: has got better. I think there are still like huge 954 00:41:36,880 --> 00:41:40,080 Speaker 3: problems with a lot of these calls are fundamentally subjective, right, Yeah, 955 00:41:40,160 --> 00:41:42,719 Speaker 3: Like an offside is objective, but so you know, is 956 00:41:42,760 --> 00:41:44,680 Speaker 3: a foul a foul? Is a handball? You know? If 957 00:41:44,680 --> 00:41:46,879 Speaker 3: it bangs you on your shoulder there, it's not a fowl, 958 00:41:46,880 --> 00:41:50,439 Speaker 3: but if it's the things cannot be perfected through data 959 00:41:50,520 --> 00:41:53,239 Speaker 3: or whatever else, so there will always be that tension there. 960 00:41:53,280 --> 00:41:56,439 Speaker 1: It's funny you mentioned texting people who are watching on TV. 961 00:41:56,840 --> 00:41:59,760 Speaker 1: So many of the fans that I saw were watching 962 00:42:00,120 --> 00:42:03,200 Speaker 1: CASS on their phone during the game, so that they 963 00:42:03,200 --> 00:42:05,400 Speaker 1: would have like a little like stream on their phone 964 00:42:05,520 --> 00:42:09,040 Speaker 1: and so during the call. That's sad, yeah, whatever they 965 00:42:09,040 --> 00:42:11,200 Speaker 1: were like getting more commentary and stuff like that. 966 00:42:11,200 --> 00:42:12,800 Speaker 3: That nah, that's. 967 00:42:12,719 --> 00:42:15,880 Speaker 2: Sad and also okay, but almost kind of like that 968 00:42:16,120 --> 00:42:19,719 Speaker 2: you mentioned energy just then, how do we get a 969 00:42:19,719 --> 00:42:25,319 Speaker 2: proper chant culture going in American football or football which 970 00:42:25,360 --> 00:42:27,560 Speaker 2: takes place in America? And I think even in the 971 00:42:27,640 --> 00:42:30,120 Speaker 2: UK some of the chanting is starting to go away 972 00:42:30,239 --> 00:42:32,440 Speaker 2: a little bit, which is very disappointing. 973 00:42:32,640 --> 00:42:34,440 Speaker 3: Yeah, well, I think I think it's partly to do 974 00:42:34,480 --> 00:42:35,920 Speaker 3: with the sort of who was in the crowd. You know, 975 00:42:35,920 --> 00:42:37,600 Speaker 3: it's much more of a sort of big family event 976 00:42:37,880 --> 00:42:39,919 Speaker 3: in the in the in the US, potential the UK 977 00:42:40,000 --> 00:42:42,280 Speaker 3: is becoming more so was previously would have been mainly 978 00:42:42,520 --> 00:42:45,160 Speaker 3: kind of big groups of young men who probably chant 979 00:42:45,160 --> 00:42:47,360 Speaker 3: more than families to be honest, and that's changed, and 980 00:42:47,360 --> 00:42:48,799 Speaker 3: that's probably a good thing for the most part, but 981 00:42:48,800 --> 00:42:51,120 Speaker 3: certainly the culture has changed quite a bit. But yeah, 982 00:42:51,120 --> 00:42:52,439 Speaker 3: I mean some of these songs, some of these songs 983 00:42:52,440 --> 00:42:54,920 Speaker 3: in English football have like a century of history. But 984 00:42:55,080 --> 00:42:56,520 Speaker 3: I've been just become an MLS game, so I thought 985 00:42:56,520 --> 00:42:57,880 Speaker 3: the atmosphere is pretty good. I went to the New 986 00:42:57,920 --> 00:42:59,960 Speaker 3: York Red Bulls and I was, I don't know, expect 987 00:43:00,040 --> 00:43:02,160 Speaker 3: seeing a sort of Yeah, the U asked this of 988 00:43:02,320 --> 00:43:04,319 Speaker 3: Energy Drink Company, and it was pretty good. Like I 989 00:43:04,360 --> 00:43:04,880 Speaker 3: was impressed. 990 00:43:04,920 --> 00:43:07,239 Speaker 2: The Cosmos games were always really good because people would 991 00:43:07,239 --> 00:43:09,880 Speaker 2: bring like drum sets and stuff. But in terms of chanting, 992 00:43:10,000 --> 00:43:13,440 Speaker 2: I have to say, in my experience, the ultimate champions 993 00:43:13,480 --> 00:43:16,560 Speaker 2: are actually Japanese baseball teams. Oh yeah, I've heard do 994 00:43:16,600 --> 00:43:18,520 Speaker 2: it like mar In the Unison. 995 00:43:18,719 --> 00:43:21,240 Speaker 1: I really really want to go to a Japanese. 996 00:43:20,960 --> 00:43:23,879 Speaker 2: That's great vibes. If you like the Cyclone, Yeah, it's 997 00:43:24,400 --> 00:43:27,319 Speaker 2: I that's definitely high up on the Actually one last question, 998 00:43:27,520 --> 00:43:28,239 Speaker 2: my understanding. 999 00:43:28,320 --> 00:43:32,160 Speaker 1: So obviously football has become more popular in the United 1000 00:43:32,239 --> 00:43:34,600 Speaker 1: States today in twenty twenty six than it was in 1001 00:43:34,680 --> 00:43:37,480 Speaker 1: nineteen ninety four, my understanding, And tell me if I'm 1002 00:43:37,520 --> 00:43:39,840 Speaker 1: wrong is that if you go to like a typical 1003 00:43:39,880 --> 00:43:42,560 Speaker 1: American football fan, there will be some people who are 1004 00:43:42,560 --> 00:43:46,080 Speaker 1: like really into They'll have their favorite Premier League team 1005 00:43:46,160 --> 00:43:48,759 Speaker 1: or their favorite European team that they're really into, or 1006 00:43:48,760 --> 00:43:50,920 Speaker 1: there'll be some who are like really into the MLS, 1007 00:43:51,040 --> 00:43:53,600 Speaker 1: but that there isn't a lot of crossover. That's still 1008 00:43:53,640 --> 00:43:57,040 Speaker 1: like you're sort of either into European football or American MLS, 1009 00:43:57,080 --> 00:43:59,600 Speaker 1: but not really you're like kind of one or the others. 1010 00:43:59,680 --> 00:44:01,960 Speaker 3: That the I think that's true, and the MLS has 1011 00:44:02,000 --> 00:44:04,360 Speaker 3: real pockets. I think like in the Northwest, im Portland 1012 00:44:04,400 --> 00:44:06,360 Speaker 3: and Seattle it's long and big. There are other places 1013 00:44:06,360 --> 00:44:08,480 Speaker 3: where are particularly strong and yeah, and I think there 1014 00:44:08,520 --> 00:44:10,000 Speaker 3: is sometimes a bit of a sort of culture war 1015 00:44:10,040 --> 00:44:12,320 Speaker 3: between I mean you get this in Europe or in 1016 00:44:12,360 --> 00:44:14,840 Speaker 3: England of teams who support their small local team versus 1017 00:44:15,160 --> 00:44:16,160 Speaker 3: the big team on TV. 1018 00:44:16,400 --> 00:44:16,680 Speaker 1: Yeah. 1019 00:44:16,719 --> 00:44:18,799 Speaker 3: But I think one interesting thing with European leagues is 1020 00:44:18,840 --> 00:44:21,919 Speaker 3: that the English League is currently like eating everyone else's lunch. 1021 00:44:22,040 --> 00:44:24,160 Speaker 3: It's just like becoming this sort of winner takes all 1022 00:44:24,640 --> 00:44:26,680 Speaker 3: all the TV revenue is flowing there and it's really 1023 00:44:26,719 --> 00:44:29,720 Speaker 3: harming sort of Spain and Italy and these huge football 1024 00:44:29,760 --> 00:44:32,799 Speaker 3: institutions like AC Milan have less money than these like 1025 00:44:32,840 --> 00:44:33,840 Speaker 3: tiny English teams. 1026 00:44:33,680 --> 00:44:35,840 Speaker 1: Which I feel like you don't hear about the Bundesliga 1027 00:44:35,880 --> 00:44:37,320 Speaker 1: all anymore. 1028 00:44:36,960 --> 00:44:39,480 Speaker 3: Right, like you win it every year, so it's kind 1029 00:44:39,520 --> 00:44:39,920 Speaker 3: of boring. 1030 00:44:40,080 --> 00:44:41,600 Speaker 1: Okay, Well, anyway, I. 1031 00:44:41,600 --> 00:44:44,200 Speaker 2: Just want to go back to the big Will FIFA 1032 00:44:44,400 --> 00:44:45,800 Speaker 2: kill the Golden Goose? 1033 00:44:45,880 --> 00:44:46,880 Speaker 1: Oh yeah, question? 1034 00:44:47,480 --> 00:44:50,280 Speaker 2: It's sad. In my head, I'm doing a goal golden 1035 00:44:50,560 --> 00:44:53,000 Speaker 2: pun but you can't even tell on the podcast. So 1036 00:44:53,040 --> 00:44:56,759 Speaker 2: I apologize for mentioning that at all. But how far 1037 00:44:56,880 --> 00:45:01,000 Speaker 2: can you actually push commercialization? And as we see FIFA 1038 00:45:01,120 --> 00:45:06,560 Speaker 2: especially try to make more space for advertisers through They 1039 00:45:06,600 --> 00:45:09,480 Speaker 2: haven't said this explicitly when they talk about the hydration 1040 00:45:09,600 --> 00:45:12,160 Speaker 2: breaks they say it's all great, yeah, the welfare of 1041 00:45:12,200 --> 00:45:14,400 Speaker 2: the players and all of that, but like it certainly 1042 00:45:14,440 --> 00:45:17,880 Speaker 2: looks like they're making defined space for ads. At what 1043 00:45:18,040 --> 00:45:20,360 Speaker 2: point does it mean that you start to lose some 1044 00:45:20,400 --> 00:45:22,880 Speaker 2: of the magic of the sport. I'm sure you've been 1045 00:45:22,920 --> 00:45:25,200 Speaker 2: asked this question a ton and you probably thought about 1046 00:45:25,239 --> 00:45:25,680 Speaker 2: it a ton. 1047 00:45:26,200 --> 00:45:28,520 Speaker 3: Yeah, Well, I think it can happen. I think it probably. 1048 00:45:28,680 --> 00:45:30,960 Speaker 3: I basically think the World Cup is like, well, for me, 1049 00:45:31,000 --> 00:45:33,840 Speaker 3: it's like the pinnacle of human civilization and the greatest 1050 00:45:33,840 --> 00:45:35,760 Speaker 3: cultural event on Earth, and it is the biggest cultural 1051 00:45:35,800 --> 00:45:37,520 Speaker 3: event on Earth by absolutely miles. So I think it's 1052 00:45:37,520 --> 00:45:39,439 Speaker 3: pretty hard to mess it up, Like you just need 1053 00:45:39,960 --> 00:45:42,120 Speaker 3: two teams a pitch, get some fans in. You know, 1054 00:45:42,160 --> 00:45:44,080 Speaker 3: it's not some great like you don't need to think 1055 00:45:44,120 --> 00:45:45,799 Speaker 3: too hard about how to do it in four years time. 1056 00:45:46,239 --> 00:45:47,560 Speaker 3: But the more you meddle with it, the more you 1057 00:45:47,600 --> 00:45:49,000 Speaker 3: tinker at the edges. I don't think the whole thing 1058 00:45:49,040 --> 00:45:51,400 Speaker 3: would come like crashing down overnight, but I do think 1059 00:45:51,600 --> 00:45:53,960 Speaker 3: if you keep meddling with it, then children will become 1060 00:45:54,080 --> 00:45:56,160 Speaker 3: less into it than their parents did, and very slowly 1061 00:45:56,200 --> 00:45:57,759 Speaker 3: you could sort of chip away at the edges of it. 1062 00:45:57,920 --> 00:46:01,239 Speaker 3: They're obviously so much more a ten and distractions these 1063 00:46:01,320 --> 00:46:04,319 Speaker 3: days that someone sitting still for two hours is like 1064 00:46:04,360 --> 00:46:06,440 Speaker 3: harder to convince them to do. But yeah, I think 1065 00:46:06,480 --> 00:46:08,799 Speaker 3: in the short term, like they can probably rinse even 1066 00:46:08,800 --> 00:46:10,279 Speaker 3: more cash out of it, to be honest, because it's 1067 00:46:10,320 --> 00:46:11,480 Speaker 3: just such a perfect event. 1068 00:46:11,800 --> 00:46:14,279 Speaker 1: All right, Joey Durso, thank you so much for coming 1069 00:46:14,320 --> 00:46:16,040 Speaker 1: on to odd Loads. I'm glad we got a World 1070 00:46:16,080 --> 00:46:18,040 Speaker 1: Cup episode and there's so much going on in the 1071 00:46:18,040 --> 00:46:21,040 Speaker 1: World right now, but it could have easily done a 1072 00:46:21,080 --> 00:46:23,600 Speaker 1: bunch of a million AI episodes. And I'm glad we 1073 00:46:23,680 --> 00:46:25,400 Speaker 1: covered the World Cup. And you're the perfect guest, So 1074 00:46:25,600 --> 00:46:27,279 Speaker 1: thank you so much for coming on Oddline. 1075 00:46:27,480 --> 00:46:28,600 Speaker 3: Thanks for having me. I'm go to. 1076 00:46:28,520 --> 00:46:43,760 Speaker 1: It, Tracy. There was a lot of fun, many interesting points. 1077 00:46:43,880 --> 00:46:46,520 Speaker 1: I thought. One thing I thought was interesting is the 1078 00:46:46,560 --> 00:46:50,440 Speaker 1: idea of the fandom of the player rather than the 1079 00:46:50,520 --> 00:46:53,799 Speaker 1: team emerging over time. You get these global superstars like 1080 00:46:53,840 --> 00:46:57,000 Speaker 1: a Messy or a Ronaldo or maybe like a Beckham or. 1081 00:46:57,080 --> 00:46:59,279 Speaker 2: Yeah, but then the ritory you're not a real fan, 1082 00:46:59,400 --> 00:47:00,719 Speaker 2: No you're not, but like you. 1083 00:47:00,680 --> 00:47:02,719 Speaker 1: Know, like from the perspective, then they like take their 1084 00:47:02,760 --> 00:47:05,640 Speaker 1: money with them from one city to or another. I 1085 00:47:05,640 --> 00:47:08,040 Speaker 1: could see that really changing the game or is sort 1086 00:47:08,040 --> 00:47:10,840 Speaker 1: of like changing the nature of like people's relationship with 1087 00:47:10,880 --> 00:47:11,320 Speaker 1: the sport. 1088 00:47:11,520 --> 00:47:13,520 Speaker 2: Yeah, but again, like if I was going to be 1089 00:47:13,680 --> 00:47:19,400 Speaker 2: cynical about this, it makes it even more about the money, right, No, no, no, no. 1090 00:47:19,239 --> 00:47:20,879 Speaker 1: No, not saying there's a good thing. I'm saying that's 1091 00:47:20,880 --> 00:47:22,960 Speaker 1: an interesting shift in how people, right. 1092 00:47:22,880 --> 00:47:26,160 Speaker 2: And I'm saying that an effect of that will be 1093 00:47:26,360 --> 00:47:28,920 Speaker 2: that whoever has the most money I can afford, like 1094 00:47:29,000 --> 00:47:32,280 Speaker 2: the best player just gets them and gets even bigger, 1095 00:47:32,480 --> 00:47:35,560 Speaker 2: even more money, and it's this like self reinforcing cycle, 1096 00:47:35,560 --> 00:47:37,680 Speaker 2: which is what we're seeing in a lot of European 1097 00:47:37,719 --> 00:47:41,960 Speaker 2: football at the moment. By the way, material culture trivia 1098 00:47:42,280 --> 00:47:44,640 Speaker 2: for you on the pink jersey point, go on, did 1099 00:47:44,680 --> 00:47:46,440 Speaker 2: you know that pink used to be much more of 1100 00:47:46,440 --> 00:47:49,840 Speaker 2: a gender neutral color, even more of a masculine color 1101 00:47:49,880 --> 00:47:50,640 Speaker 2: than a feminine color? 1102 00:47:50,760 --> 00:47:50,920 Speaker 3: Really? 1103 00:47:51,040 --> 00:47:53,040 Speaker 1: Yeah, what do you have any idea when that changed? 1104 00:47:53,239 --> 00:47:55,760 Speaker 2: I think in the like early to mid nineteen hundred. 1105 00:47:55,800 --> 00:47:56,960 Speaker 2: It's kind of interesting, So. 1106 00:47:56,880 --> 00:47:58,560 Speaker 1: I would like to learn more about that. We should 1107 00:47:58,560 --> 00:48:01,240 Speaker 1: also have joy on back again, maybe in quieter days 1108 00:48:01,640 --> 00:48:05,880 Speaker 1: talk about the connection between football and the stock market 1109 00:48:05,880 --> 00:48:08,279 Speaker 1: crash in the nineteen twenties. Yeah, I had no idea. 1110 00:48:08,400 --> 00:48:10,680 Speaker 1: Maybe I'll go find I'll google that and read more 1111 00:48:10,760 --> 00:48:14,080 Speaker 1: on that. But I'm very curious about that. But uh no, 1112 00:48:14,200 --> 00:48:17,560 Speaker 1: it's uh that was that was a really fun conversation. 1113 00:48:17,840 --> 00:48:19,319 Speaker 2: Where are you supporting in the World Cup? 1114 00:48:19,840 --> 00:48:21,400 Speaker 1: I don't know, you know what, I've really been like 1115 00:48:21,520 --> 00:48:24,560 Speaker 1: so busy. I just like, like, you know, we've been 1116 00:48:24,600 --> 00:48:27,560 Speaker 1: traveling and the next and so I'm like I need 1117 00:48:27,560 --> 00:48:30,080 Speaker 1: this weekend. We're recording this, I think about it. I 1118 00:48:30,080 --> 00:48:31,799 Speaker 1: don't know for real, Well, like I have a washer 1119 00:48:31,880 --> 00:48:33,920 Speaker 1: World Cup match yet, so it's June's that we're recording 1120 00:48:33,920 --> 00:48:36,319 Speaker 1: this on June sixteen. If I need this weekend to 1121 00:48:36,360 --> 00:48:39,319 Speaker 1: like sort of reset every this week to reset and 1122 00:48:39,360 --> 00:48:41,680 Speaker 1: sort of get my bearing, It's like, Okay, what World 1123 00:48:41,760 --> 00:48:43,719 Speaker 1: Cup matches? Am I going? I just have not had 1124 00:48:43,719 --> 00:48:46,840 Speaker 1: that had the mental space to allocate, like you know, 1125 00:48:46,880 --> 00:48:48,879 Speaker 1: I remember like in twenty ten, I was gonna bring 1126 00:48:48,880 --> 00:48:50,960 Speaker 1: it up. I loved that one with the vuviz elas. 1127 00:48:51,000 --> 00:48:54,360 Speaker 1: That was the one in South Afri That was I 1128 00:48:54,400 --> 00:48:57,040 Speaker 1: love that one And like everyone in Brooklyn with there, 1129 00:48:57,080 --> 00:48:57,680 Speaker 1: I thought. 1130 00:48:57,440 --> 00:48:59,640 Speaker 2: That was my nightmare, being in a football stadium with 1131 00:48:59,680 --> 00:49:01,320 Speaker 2: someone with a voozo. 1132 00:49:01,600 --> 00:49:02,400 Speaker 1: I could find me. 1133 00:49:02,640 --> 00:49:06,839 Speaker 2: Yeah, what does the cape Ford jerseys actually look like? Wait? 1134 00:49:06,880 --> 00:49:11,840 Speaker 2: I want to see They're blue? Could be better still? 1135 00:49:12,560 --> 00:49:15,359 Speaker 2: Cape Ford for the for the win. Shall we leave 1136 00:49:15,400 --> 00:49:15,560 Speaker 2: it there? 1137 00:49:15,640 --> 00:49:16,319 Speaker 1: Let's leave it there. 1138 00:49:16,800 --> 00:49:19,400 Speaker 2: This has been another episode of the aud Thoughts podcast. 1139 00:49:19,480 --> 00:49:22,680 Speaker 2: I'm Tracy Alloway. You can follow me at Tracy Alloway. 1140 00:49:22,320 --> 00:49:24,279 Speaker 1: And I'm Joe Why isn't Thal? You can follow me 1141 00:49:24,400 --> 00:49:27,320 Speaker 1: at the Stalwart. You can follow our guest Joey Durso. 1142 00:49:27,400 --> 00:49:30,160 Speaker 1: He's at Joseph M. Derso and check out his book 1143 00:49:30,239 --> 00:49:33,360 Speaker 1: More Than a Shirt, How Football Shirts Explain Global Politics, 1144 00:49:33,560 --> 00:49:37,560 Speaker 1: money and Power. Follow our producers Carmen Rodriguez at Carmen Arman, 1145 00:49:37,640 --> 00:49:40,400 Speaker 1: dash O Bennett at Dashbod, Keile Brooks at Cail Brooks 1146 00:49:40,600 --> 00:49:43,560 Speaker 1: and Kevin Lozano at Kevin Lloyd Lozano. And for more 1147 00:49:43,560 --> 00:49:46,080 Speaker 1: odd Lots content, go to Bloomberg dot com slash odd 1148 00:49:46,120 --> 00:49:47,839 Speaker 1: Lots or of a daily newsletter. In all of our 1149 00:49:47,880 --> 00:49:50,480 Speaker 1: episodes and you can shout about all these topics twenty 1150 00:49:50,480 --> 00:49:54,200 Speaker 1: four seven in our discord discord gg slash odd Lots. 1151 00:49:54,320 --> 00:49:56,200 Speaker 2: And if you enjoy odd Lots, if you like it 1152 00:49:56,239 --> 00:49:59,000 Speaker 2: when we do sports talk I guess, then please leave 1153 00:49:59,080 --> 00:50:02,520 Speaker 2: us a positive review on your favorite podcast platform. And remember, 1154 00:50:02,560 --> 00:50:04,799 Speaker 2: if you are a Bloomberg subscriber, you can listen to 1155 00:50:04,880 --> 00:50:07,839 Speaker 2: all of our episodes absolutely ad free. All you need 1156 00:50:07,880 --> 00:50:10,520 Speaker 2: to do is find the Bloomberg channel on Apple Podcasts 1157 00:50:10,520 --> 00:50:13,080 Speaker 2: and follow the instructions there. Thanks for listening