Word: chelsea
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...growth," says Hicks. If so, that would be one of the business world's more improbable turnarounds. Less than 20 years ago, English football was known more for rabid fans and decrepit stadiums than for the sort of classy crowd that fills the suites at the stadiums of Chelsea and Manchester United. How did the local game of the English working class become a global business? And can it stay on top? Before English football could take over the world, it had to sort itself out. And just as Liverpool's change of ownership has come to epitomize the state...
...club-branded credit or debit card since their launch a year ago. By launching local-language websites, teams can tailor marketing to fit an individual country, drumming up local advertising and sponsorship revenue. As part of its lofty pledge to become the world's biggest club by 2014, Chelsea, owned by Russian billionaire Roman Abramovich, launched a Mandarin website in January in conjunction with Sina, China's leading portal; in late March, the club unveiled another aimed at South Korea. The London team is also playing benefactor. Apart from hosting the Chinese Olympic football team in London in February...
...face of it, there's still a stark difference in financial power the lower down the Premier League table you go. According to Deloitte's 2006 Annual Review of Football Finance, the top five earners in the 2004-05 season - Manchester United, Chelsea, Liverpool, Arsenal and Newcastle United - accounted for almost half of both revenue and salary costs. And though average club revenue hit $124 million in 2004-05, the ratio of revenue at the richest club to that of the poorest is 4.7:1, well over twice the NFL's rate and almost double the NBA's. While income...
...Board of Trustees declined to let crews on their campus, but filming has already taken place at Boston University, Kenmore Square, a stage in Chelsea, Mass., and around Harvard Medical School...
This past January, Larry Gagosian, an art-world kingpin, showed a collection of limited-edition Marc Newson furniture at his Chelsea gallery in New York City. Five years ago the big names everyone was talking about were Jean Prouvé and George Nakashima, but today a raft of living designers--many of them industrial designers by trade--is catching the wave of the booming contemporary-art market. Their success may have to do with their uniqueness, but their work has also been called sexy and easy to like. "Newson has married technology to creative ideas, and he has captured a look...