BBC SPORTDAQ: Sports Celebrity Stock Exchange

A friend of mine has introduced me to this online celebrity stock exchange game called SPORTDAQ. I have recently signed up and it appears to be quite appealing and addictive. I have checked prices of my portfolio picks a few times since buying them a few minutes ago and the fun part is I don’t really feel the pinch if Rooney goes down a little while Wenger gains... It’s just a game after all..

I would urge everyone to come on board and give it a try. In case you join the game please be kind enough to post your ID’s so we can have a league of our own going.

Read the details about the game below and follow the link to register and start playing …

What is Sportdaq?

SPORTDAQ is an online sports celebrity stock exchange game. Instead of shares in companies you buy shares in sports stars (players from various sports who are listed on the game exchange). To play you have to sign up. Once you're signed up we'll give you a cool ten thousand pounds (that's Sportdaq pounds, not real cash!).

The aim of the game: to make as much profit as you can by buying and selling 'shares' in listed sports stars. The person with the highest weekly percentage gain is crowned Top Trader.

HOW CAN YOU MAKE MONEY?

1) Dividends: Every day we count how much press coverage each celeb gets. Then on Thursday the shares you own will pay out a dividend, depending on how much press coverage those sports stars received. The more press coverage a celeb gets, the more money you make. To get the full pay-out you have to own the celeb from Monday night to Thursday morning.

2) Capital Gains: Just like in the real world, share prices rise and fall as demand for them changes - so as well as receiving dividends, you can make money by day-trading and buying low (when demand for a specific celeb is low) and selling high (as the celeb gets more press coverage and the demand for them increases). Prices are updated every 20 minutes so you can make or lose money on a celeb very quickly.

http://www.bbc.co.uk/sportdaq/insideline/howtoplay.shtml

How European leagues make their money?

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This is how the different leagues in Europe make their money. Check the link for more details:
http://sportsbizfreak.blogspot.com/2009/11/europes-football-finances-200708.html    

Liverpool's champs league exit: The Financial implication!

Liverpool has crashed out of the Champs League as was widely expected and there are some serious financial implications for an already beleaguered club. It leaves a huge dent on Liverpool's yearly earnings which are far more dependent on UEFA's contributions than other top clubs in England - Chelsea, ManU and Arsenal. Reason is simple, they lose out on the chunk that UEFA shares with the teams from its television rights and that money is significantly higher for knockout stages. The financial hit from failing to qualify for the knockout stage is substantial, although not as calamitous as it would be if they fail to qualify for next year’s Champions League. To put things in perspective, Liverpool are expected to suffer a shortfall of 2.4 million as a consequence of group exit. The figure would be much higher if fail to qualify for the next season.

One thing is clear, Liverpool needs to get its act together swiftly towards resurrecting their premiership season failing which they might have to put a lot of top players up for sale. I just hope they can somehow make a strong statement in the remaining EPL season and resist selling Torres because that would be a complete disaster.

Listen to what Rafa had to say after the exit. His job appears to be quite safe.
http://news.bbc.co.uk/sport2/hi/football/teams/l/liverpool/8377734.stm