Skip to content
Wednesday 2 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,789.28
-0.32%
DAX
25,970.11
0.00%
CAC 40
8,301.85
0.00%
STOXX 50
6,368.98
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 14 January 2020 5:11 am  |  Updated:  Monday 13 January 2020 6:13 pm

In politics as in football, a star transfer player isn’t enough to save a struggling club

FBL-ENG-PR-TOTTENHAM-LIVERPOOL
The key is to think very carefully and strategically about exactly what you need

As every football fan knows, the start of a new year marks the opening of the January transfer window.

A host of Premier League teams, anxiously surveying their position in the table, will be forking out eight-figure sums for new players in order to drag themselves out of the relegation zone or up towards the Champions League places, or else fill some position or other of desperate need.

But as new research from the 21st Club consultancy shows, this kind of panic-buying is a mug’s game. For the average team, splashing out £30m will generate an extra 0.1 points per game on average — which equates to just one or two points over the remaining half-season. 

The problem is particularly acute when it comes to strikers. The archetypal winter buy is the star forward, meant to add some desperately needed end product to a struggling side. 

But 21st Club shows that a staggering 55 per cent of such signings do not score a single goal over the remainder of the season. And even those that do find the target will have less impact on the club’s eventual league position than those doing the buying generally imagine.

Why bring this up? Well, at the risk of twisting the knife, this is the position that Britain’s opposition parties currently find themselves in.

Labour, for example, has a respectable range of candidates from all wings of the party. But they are being asked, effectively, to provide a miracle fix for a club that is in disarray — to alter its trajectory by sheer force of personality, without anyone pausing to consider the deeper causes of the party’s decline.

Moreover, the fact that the Labour selectorate is firmly of the left means that, with the exception of the Blairite standard-bearer Jess Phillips, each candidate is having to pay lip service to the idea that Labour’s main problem was Corbyn, or at a stretch Corbynism, rather than the party’s socialist agenda. 

And so we have Sir Keir Starmer, north London barrister and doyen of the Islington Remainers, launching with a campaign video suggesting that he’d spent half his life on the picket line.

In football terms, this is rather like a club that insists on focusing on the problems on the pitch, rather than the leaking stands and shambolic front office — that buys new players and hires new managers, but never stops to address the fundamentals.

For the Liberal Democrats, the situation is even worse. The fact that the next leader has to be an MP means that they are choosing from a pitifully small pool — a threadbare squad, many well past their best, barely able to get a full 11 on the pitch, with no transfer budget to speak of. 

Read more

Todd Boehly and Mark Walter to sell stakes in Chelsea?

Football fans protest in the street holding a banner: Blueco Clearlake Boehly Wyss Feliciano & Eghbali Youre Destroying Ou...

What are the odds of finding a superstar, given such limited choices?

Of course, any football fan reading this will be able to think of a host of January transfers that do work out, most recently, Liverpool snapping up Virgil van Dijk as the lynchpin of their defence. 

But again, the political lessons are striking. Liverpool had been courting van Dijk for months, having decided (rightly) that he was exactly the piece they needed in their tactical jigsaw.

The parallel here is with the Conservatives earlier this year. It is hard to remember, as Boris Johnson basks in the glow of a thumping election victory, but the party under Theresa May was facing an existential crisis: winning just nine per cent of the vote at the European elections, Leavers and Remainers at each other’s throats, the delivery of any form of Brexit in significant jeopardy.

The calculation made by the party’s members was that the one person who could convincingly dissociate himself from May’s Brexit deal and see off Nigel Farage was the man who had led the Leave campaign in the first place. 

And Boris’ own calculation was that the only route to Tory survival — let alone his eventual triumph — was to go hell for leather to deliver Brexit and ask the voters to punish those who insisted on blockage and delay.

It is true that the Liverpool centre-half has a rather more elegant manner on the football pitch than the PM. But in both cases, there was an extensive period of diagnosis, followed by exactly the right signing to fit the team’s needs.

The message to the opposition parties, then, is to think very carefully and strategically about exactly what you need. The more desperate you are — the more panicked — the worse a decision you’re likely to make. 

A Rebecca Long-Bailey or Richard Burgon may talk a great game about how they share the club’s values, and there’s nobody better at kissing the badge. But the odds are that sooner rather than later, you’ll be desperate to offload them.

Main image credit: Getty

Read more

Why HMRC is huge Premier League transfer window tax headache

Two jubilant soccer players in white England jerseys celebrate a goal on the field.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Opinion

Categories

  • Opinion
  • Politics

Related Topics

  • Football

Trending Articles

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • Jaguar reveals the Type 01’s screen-free interior

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Easyjet’s over-60s recruitment push is economically necessary

  • As it happened: FTSE 100 slides as bound rout deepens; Oil jumps as Trump vows more strikes on Iran

More from Morning Wire

  • Todd Boehly and Mark Walter to sell stakes in Chelsea?

    Sport Business
    Football fans protest in the street holding a banner: Blueco Clearlake Boehly Wyss Feliciano & Eghbali Youre Destroying Ou...
  • Why HMRC is huge Premier League transfer window tax headache

    Sport Business
    Two jubilant soccer players in white England jerseys celebrate a goal on the field.
  • Sex Education star makes investment into women’s football vehicle

    Sport Business
    Gillian Anderson in a white collared shirt with embellishments, blonde hair updo, soft makeup, against a blurred backdrop
  • Prem Rugby team ditch Big Game fixture at Premier League ground

    Sport Business
    Empty stadium stands with large banners supporting MND awareness, Gloucester Rugby, and the Slater Cup.
  • Aston Villa commercial status a tonic for Premier League in big-spending era

    Sport Business
    Unai Emery, Aston Villa manager, shouts with intensity during a football match, gesturing with his right arm.
  • Why Liverpool deal proves demand for Premier League stakes is soaring

    Sport Business
    Liverpool FC fans cheering in a stadium, holding up red scarves and wearing team jerseys.
  • Exclusive: Arsenal target Vinicius Jr future at Real Madrid to be decided this week

    Sport Business
    Vinicius Jr. celebrates a goal in a yellow Brazil jersey during a football match, with stadium lights in background.
  • London being lined up to host re-run of GAA final between Mayo and Kerry

    Sport Business
    StoneX Stadium, home of Saracens Rugby Club, with empty seats in the stands and a clear green field.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook