The world this wiki

The idea of LLM Wiki applied to a year of the Economist. Have an LLM keep a wiki up-to-date about companies, people & countries while reading through all articles of the economist from Q2 2025 until Q2 2026.

DOsinga/the_world_this_wiki

topics|Pitch perfect

Premier League

The English Premier League is the most-watched sports competition on the planet, broadcast to 191 of the UN's 193 member states. It is one of Britain's world-beating industries, generating about £10bn ($13bn) a year in gross value added, according to EY, a consultancy. Created in 1992 from the top tier of English football, it is the first of four professional men's leagues in England; the others, in descending order, are the Championship, League One and League Two.

More than 700m people may tune in for a single game between top teams—about three times the audience of America's Super Bowl. According to Google's worldwide-trends data, in 2025 more people searched for Manchester United than for Taylor Swift and the Harry Potter series combined; in the past year the Premier League beat the Bible as a search topic. Manchester United alone has 362 official fan clubs across 94 countries. In cricket-mad India, at least 70m people watched the Premier League in the 2023-24 season.

Economics

About half of the Premier League's revenue comes from television rights, and the majority of TV revenue comes from foreign rights, according to Ampere Analytics. The NFL, by comparison, gets 98% of its media-rights revenue at home. The Premier League generates twice as much broadcast revenue as Spain's La Liga, Germany's Bundesliga or Italy's Serie A. The league benefited from a first-mover advantage: for its first eight years from 1992 it made no profit on broadcast rights but built a fanbase around the world.

Clubs themselves struggle to make money: last year only four of its 20 clubs turned a pre-tax profit. Many, like Abu Dhabi-owned Manchester City or Saudi-owned Newcastle United, are kept afloat by foreign investors. More than half of Premier League clubs are now owned or part-owned by Americans. About 75% of the league's minutes this season were played by foreign-born players (versus 62% in Germany and 44% in Spain); 128 countries have been represented in the top flight. No English manager has ever won the Premier League. Last season clubs spent 65% of revenue on wages on average; outside the "big six", 76%. Former Spurs chairman Sir Alan Sugar called this the "prune-juice effect": in one end and out the other.

The Premier League redistributes TV riches more equitably than most rivals; every team got more than £100m in TV cash in 2024-25. Promoted clubs can spend heavily—Sunderland, newly up, spent over £170m and finished mid-table. In Spain by contrast, last year's promoted clubs Elche, Levante and Real Oviedo spent €17m between them, according to Transfermarkt.

English football's wider ecosystem

The Premier League accounts for only 41% of the more than 38m professional match-day tickets sold every year in England. Over the past ten years attendance per Premier League game is up by 14%; in League One up by 47%; the National League (the fifth tier) up by 50%. In two of the last three seasons the Championship has been Europe's second-best-attended league, behind only the Premier League. Premier League stadiums this season have been 97% full. Tottenham Hotspur charge an average of £76 per ticket, and require a £50 club membership to buy one; a Bristol City ticket costs £20.

Manchester City charges

In 2023 Manchester City, one of England's most successful clubs, was charged with well over 100 breaches of league rules. Most relate to failures to accurately report accounts, thus avoiding "financial fair play" regulations that could have curtailed the £1.9bn ($2.5bn) spending that took City from mediocrity to dominance. In the 14 seasons covered by the charges, City won seven Premier League titles. An independent commission of three anonymous judges heard the case behind closed doors in December 2024; a lengthy judgment is still being prepared. City is owned by Sheikh Mansour, the vice-president and deputy prime minister of the United Arab Emirates. Everton and Nottingham Forest have received points deductions (six and four points respectively) for single financial breaches. Potential City sanctions include fines, points deductions or expulsion; appeals could stretch any decision into 2027.

Independent Football Regulator

Britain's Labour government has established an Independent Football Regulator (IFR), which the IFR itself calls "the biggest change to the governance of English club football since the creation of the Premier League in 1992". A licensing regime for clubs is being consulted on, aimed for the start of the 2027-28 season. The 2025 law was passed cross-party.

History

Modern football was invented in England in the 19th century. By the 1980s English football was grim, violent and declining; English clubs were banned from European football for five years after Liverpool fans caused a crush that killed 39 people. Continental leagues had more glamour. The English game cleaned up in the 1990s, banning drinking in the stands and clamping down on racism, and has grown in popularity at home and abroad ever since. On May 19th 2026 Arsenal clinched the league title; the presidents of Kenya and Rwanda took to social media to congratulate the team. In 2026 English sides reached the finals of all three major pan-European contests: Aston Villa won the Europa League; Crystal Palace competed for the Conference League; Arsenal faced Paris Saint-Germain in the Champions League. Roman Abramovich was forced to sell Chelsea in 2022 over his Russian-oligarch ties.

If you live long enough, you'll see that every victory turns into a defeat. -- Simone de Beauvoir