Stakeholder Capitalism
In the wake of Zurich arrests and subsequent resignation of newly elected FIFA president Sepp Blatter, a lot of questions have been raised about the running of the world’s greatest game. At the end of World Cup 2014 in Brazil there was a lot of debate about FIFA’s choice for the Golden Ball Award, Lionel Messi. A lot of people felt, and rightly so, that Thomas Müller or Arjen Robben deserved the award more than Messi. While discussing this issue in one of my Whatsapp groups, I came up with an analogy that describes football for what it really is – a business, with owners, products and customers. The hallmark of capitalism. (more…)