Dermot Corrigan

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Archive for January, 2011

Two horse race

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The February issue of When Saturday Comes has a story from me looking at the off-the-pitch troubles in La Liga. Gist of the piece is that while it looks rosey when you watch the Superclasico and Messi, Xavi and Villa line up against Ronaldo, Alonso and Ozil, this is far from a golden age for Spanish football, with an uncompetitive league and many clubs running up massive debts just to stand still.

Here’s choice quote:

While Barça and Madrid are flying, the league itself is boringly uncompetitive. Last year third-placed Valencia finished 28 points behind champions Barca, with Seville a further eight points adrift in fourth. The big two are even more dominant this season. John Carlin in El País recently likened La Liga to the Scottish Premiership. That was cruel, but fair.

Meanwhile, off the pitch, problems are mounting. Research published in May by University of Barcelona professor José María Gay showed that La Liga’s 20 clubs owed €3.53 billion between them. The most recent available statistics (from consultants Crowe Howarth in December) have Madrid topping the debt table at €490 million, followed by Atlético Madrid (€430m), Valencia (€386m) and Barcelona (€329m). Espanyol, Deportivo de La Coruña, Villarreal, Racing Santander, Real Zaragoza and Seville also all reportedly owe well over €100m. While Madrid and Barcelona can generate huge revenues to service their debts, these figures presage disaster and disappearance for every other major Spanish club.

For rest of the article, including info on why a new TV deal probably won’t even things up much if at all, you’ll have to buy the mag – it’s available to purchase online here for an excellent value £2.95 or from all good newsagents in Ireland and UK.

Written by dermot

January 13th, 2011 at 12:13 pm

Posted in Sport

Making a positive mark

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Still sitting comfortably?Everyone loves the New Year and everyone especially loves the annual performance appraisal that often comes with. Or perhaps not.

They tend to be a fact of life though, and some preparation by both staff and manager before going into the meeting generally pays off. I’d a feature in this week’s Sunday Business Post recruitment and careers section looking at the latest trends and developments across the performance management and measurement areas.

Perhaps unsurprisingly huge pay hikes are off the agenda, with non-monetary incentives increasingly prominent. As evidenced in this quote from Gemma Allen, director of professional services, Robert Walters.

‘‘Recognition can come in many ways,” Allen said. ‘‘Training and development or educational assistance, flexible working and team department strategy days do not need to be expensive, but are often as important as salary in motivating individual members of staff.”

For the rest of the feature click on this link which leads you through to SBPost.ie.

Written by dermot

January 12th, 2011 at 4:17 pm

Posted in Business