Thursday, 2 October 2008

Economics do not always matter in Football: Anorthosis


Once Again Anorthosis Rocked the football world. A Cypriot team which has a capitalised value equal to Ronaldo's left leg has now beaten the Champions and/or Runners up of Greece, Austria and Germany. After 2 games out of 6 in the Champions League, Anorthosis is sitting joint first with Inter Milan. It shows what good choices and orginisation can do: the Bosman rulling has made smaller teams competitive, and allowed older players to have a second chance in smaller teams. It is still difficult to see the team keep this form, but it shows that in the short run, values and investment are not always meaningfull.