Skip to content
Friday 14 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,771.50
-0.01%
DAX
26,527.55
+0.87%
CAC 40
8,654.62
+0.05%
STOXX 50
6,560.44
+0.23%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Sunday 02 June 2024 5:01 pm

Is Real Madrid’s Champions League win proof of football’s predictability problem?

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Borussia Dortmund v Real Madrid CF - UEFA Champions League Final 2023/24
LONDON, ENGLAND - JUNE 01: Daniel Carvajal of Real Madrid lifts the UEFA Champions League Trophy after his team's victory in the UEFA Champions League 2023/24 Final match between Borussia Dortmund and Real Madrid CF at Wembley Stadium on June 01, 2024 in London, England. (Photo by Justin Setterfield/Getty Images)

As the gaps widen between football’s haves and have-nots, Real Madrid’s not unexpected 15th Champions League win ought to set off alarm bells.

It’s a dichotomy that runs through the heart of elite sport. Do we want more Usain Bolts, Serena Williamses and Tiger Woods; superstars whose mere presence is close to a guarantee of winning? Or more Leicester Citys, Emma Raducanus and Buster Douglases; rank outsiders who defy the odds? In other words, when does predictability become a problem?

Football must now wrestle with that question after Real Madrid won the Champions League yet again on Saturday night at Wembley. It was their 15th in total, more than twice as many as the next most successful European club. And that’s now six in 11 years, a run of consistent success that shouldn’t be possible in a knockout competition. But the Spaniards keep writing their own rules.

And they’re not alone. Manchester City have won six of the last seven Premier League titles, while Paris Saint-Germain have won nine of the last 11 editions of Ligue 1. In Germany, Bayern Munich’s sequence of 11 consecutive Bundesligas has just ended, while Juventus recently won nine Italian championships on the bounce. As outcomes become more common, mutterings grow louder about whether this is, in fact, what we want.

Money is at the heart of the debate. While funding is by no means a guarantee of trophies, there is a clear correlation between how much teams spend on wages and their resulting league position. And it is no coincidence that the teams mentioned above have tended to have larger wage bills than their peers.

There’s a virtuous cycle at play. The more you win, the more you earn, the more you can pay, and so the more likely it is that you go on winning. In US sports, the draft system ensures competitive balance by giving a leg up to last year’s losers. In European football, on the other hand, the trend is towards the biggest clubs receiving more and more in central revenues, reinforcing the commercial advantage that they already hold.

A counter argument to fears about predictability is that sport is cyclical. We are simply in the era of Real Madrid winning Champions League titles and Manchester City being the best team in England. They might win again next year, but history says it won’t – can’t – last forever.

It might also be argued that focusing on money does the managers who mastermind such sustained glory a disservice. That Carlo Ancelotti and Pep Guardiola are geniuses – which they are – and that their achievements deserve to be celebrated, not undermined by hand-wringing over their domination (or, in City’s case, alleged rule breaches, but that is a separate discussion).

But it feels important to address this now because football is in a time of profound change off the field. A new-format Champions League begins next season with increased revenues which will only increase the gap between those clubs who get to play in it and the majority who do not. The expanded Club World Cup is sure to have the same effect.

In England, in-fighting between the Premier League and EFL over the disparity between the top flight and second tier has in part led to the creation of an independent football regulator. Rishi Sunak’s snap election call means the regulator is on hold again for now but likely to return to the agenda in the autumn, when its proposed powers could yet be increased or reduced. 

Meanwhile, all top leagues are seeing media rights value stall or decline following years of growth. The new-look Champions League is an exception but, like the Premier League, Uefa has made ever more games available for broadcast in a bid to keep income trending upwards. Football can ill afford losing viewers right now because it is too predictable.

Will anything be done to redress the balance? It comes back to what we want from elite sport. But it looks unlikely in the short term, and if the current trajectory remains then don’t be surprised if Real Madrid and Manchester City are celebrating again next year and the year after, because the odds of another Leicester City are only going to get more remote.

Read more

Real Madrid break world record for sports team with £1bn revenue

Jude Bellingham in a white Real Madrid jersey with black stripes, looking focused on the field during a match.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Sport

Categories

  • Sport

People & Organisations

  • carlo ancelotti
  • champions league
  • Paris Saint-Germain
  • Premier League
  • Real Madrid

Related Topics

  • Champions League
  • Football
  • Football finance
  • Premier League football

Trending Articles

  • Revolut takes flight with launch of new airport lounges

  • Grandparents fund university degrees to avoid inheritance tax net

  • It’s not just Jason Arday, most of sociology is a scam

  • IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details

  • Brompton Bicycle sues former adviser for ‘professional negligence’

More from Morning Wire

  • Real Madrid break world record for sports team with £1bn revenue

    Sport Business
    Jude Bellingham in a white Real Madrid jersey with black stripes, looking focused on the field during a match.
  • 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.
  • Uefa blocks Fifa’s World Cup sell-off if it stands up to Infantino again

    Sport Business
    Close-up of a blue and red UEFA logo on a sports equipment handle against a blurred blue background
  • SailGP, rugby and PJL: Inside the new £50m budget sporting asset class

    Sport Business
    Getty Images logo on a digital screen, representing media and stock photography in a business news context
  • Premier League and EFL set for summit with Football Regulator over new financial deal

    Sport Business
    Arsenal players celebrate with the Premier League trophy and confetti raining down, cheering on the field.
  • Football ‘muddling through’ in face of growing ‘tensions’, says Boston Consulting Group

    Sport Business
    GettyImages logo displayed prominently over a blurred, vibrant cityscape background, evoking themes of media and technology.
  • Manchester United agree £20m a year deal with betting giant

    Sport Business
    Harry Maguire in a Manchester United jersey, clapping during a match, looking up.
  • Aston Villa sign £20m a year Visit Rwanda shirt sponsor deal

    Sport Business
    Breaking news event with a diverse group of professionals collaborating in a modern conference room setting
MorningWire

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

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

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