History. Is. Like going. To. The. Common came back normal. To sleep started to tell me the team on d. W. Pay in football a landscape with big clubs can fall into oblivion left to linger in the boredom divisions think of the sultan from german champions to the 3rd division all humble your pain champions in one. You know 83 and theyre stuck in the 2nd tier its a dog dog world capitalism at its finest. Whereas the United States it doesnt matter how bad your team plays lulus theyll always be guaranteed a prime time spot. At leeds united theyve been great. And true. Fans have got to wait 16 years for a turn to the top but in u. S. Force they look after their own in the u. S. The n. B. A. In the n. F. L. Have a salary cap revenue sharing and even a draft system sounds almost like socialism. But hang on this is the champion of the free market economy surely they dont have socialist ideology is leading their sports today lets check it out. First on the list us sports share their revenue. The Dallas Cowboys are the most valuable franchise in the n. F. L. They regularly draw the biggest t. V. Ratings and sell the most tickets but i havent won a super bowl since 1996. In the n. B. A. The same can be said of the New York Knicks who have a drought stretching back to 1973. Teams can generate about the revenue. Revenue because much of their. Equally competing t. V. Broadcast deals Merchandise Sales its all thrown into one pot and shared evenly thats why attain like the Green Bay Packers which only has a population of about 100000 people can compete on a similar financial standing as a thing like the new york jets bigger things are effectively handing over cash to smaller markets in order to maintain an equal Playing Field often for their own detriment. In europe on the other hand clubs hold on to most of their cash. Its not performing clubs in europe dont give out any handouts and their success is typically rewarded with the largest share of broadcast revenues in spain real madrid and barcelona collectively receive about 24 percent of the leagues t. V. Money a club at the bottom and can receive as little as 3 percent. Its similar in the Champions League a large chunk of the 2000000000. 00 euro price pool is dished out to clubs based on past performances that means newcomers receive far less cash so despite both teams making it to the quarterfinals bus alone or receive 32000000 euros more than atalanta. 2 you know you will be. Angry. With. You thats the kind of level. That some of the very elite in the microscope the level of revenue sharing seen in the u. S. Looks like a mere fantasy for their Cross Atlantic neighbors. And european football sharing revenue evenly is too much of a risk for the status quo thats largely down to the threat of relegation the n. F. L. And n. B. A. Franchises they dont have to worry about dropping out of the Big Money Club because their status is protected. Then theres the salary cap in u. S. Sports. Further leveling the Playing Field in the u. S. Is a limit on play a wage is h. Team Salary Budget is about 50 percent of their revenue share teams can under spend all over spend the Denver Broncos were handed 1900000. 00 in fines to a series of violations in the 19 nineties and they want to. And while the system is a little more forgiving the Golden State Warriors for instance have been charged additional costs known as a luxury tax spending. The rich are essentially punished if they try to flex their financial muscle in any other section of American Society that would be frowned upon to communism they scream meanwhile in european football theyre following that killed capitalist mantra. In comparison to the us europe lets the market run wild. There are no mechanisms to control labor costs in europe pain football top clubs can spend as much cash on players as they want p. S. G. Spent 367000000 euros on neymar and back they could buy all that 70 private islands in the bahamas the. Cash prize you titles which in turn gets you more cash and the cycle continues thats one reason were seeing more teams winning consecutive championships such as you ventus in italy by and in germany scotland and do the most agro in croatia but periods of dominance have always existed according to stephan. Only used to. Very. Well. This is in. As the gap in europe widens basically any team in the n. F. L. Or n. B. A. Can realistically win the title and even rewarded for their mediocrity its what critics of socialism hate the most but its happening right in front of their noses and its working. And the final piece in the socialist puzzle. The labor pool is highly regulated in the n. F. L. And n. B. A. Through their draft systems players are distributed according to which franchise is in the greatest need. To each according to needs from each according to our its not really what we. See. Of the very clearly at least insofar as we heard only that each teach you something. Needs to be good. So the worst teams are awarded the highest picks and successful teams are punished with lower picks. Its robinhood s. Take from the rich and give to the poor socialism one o one Republican Voters must be live it right well not exactly because the system allows for a much more even competition meaning the spectacle is overall more exciting but. Instead of a draft system europe has a free for all. In europe aim for poor they are absolutely no mechanisms in place to control the flow of labor pains complacently spend whatever they want and even pointed to fair play has failed to really stop them. In recent years p. S. G. A Manchester City have fought their way to the top thanks to middle east investment if you have money you can just buy your way to a few titles less as the Champions League of course the big club extremely low. Or to engage in any kind of equalization completely local because the way they insulate themselves from the threat of relegation is by the much richer we may be who feel much that he. Or royal. Lets get real despite the socialist ideals within us course some of the parts from marxist ideology the n. F. L. And n. B. A. Other richest leagues in the world its players some of the best paid every franchise is constantly getting richer. In 2008 stephen ross sport the Miami Dolphins for 1100000000. 00 the franchise is now valued at twice that amount Donald Sterling bought the l. A. Clippers for 12500000. 00 in the 1980 s. He sold up in 2014 for a healthy 2000000000. 00. This is capitalism on steroids you cant put lipstick on a pig the owners are purely driven by profits how else can they justify charging fans on average between 150. 00 and 500. 00 for match day tickets in comparison european clubs are lucky to break even the current a pandemic has laid bare how precariously close to the edge many clubs in europe operate. In the last decade proud clubs have been forced into administration from Glasgow Rangers in 2012 to portsmouth or twice in 2 years and others are sure to follow in light of the coronavirus but stephan says that simply the nature of european footballs capitalist system. Going bankrupt is not actually a problem. Its not its actually a consequence of the system. This is where the differences between us sports and european football become clearer. Just as u. S. Sports are very unlikely to introduce anything like promotion and relegation its also difficult to see european football introducing Something Like a salary cap the labor supply is simply too large whereas in american football basketball its largely restricted to just one continent if the premier league introduce a salary cap the domestic competition board improves parts of their International Standing would plummet as the best players chase higher wages elsewhere he says the salary cap and revenue sharing would only really be possible if the top teams broke away into a super league and constructed a closed shop system similar to the n. F. L. And n. B. A. Rules that would ensure they make money. That not only. Has he made it but they also get the benefit of. The. Republican vote because no. Buts it would also destroy a lot of the beauty which football fans love about the world game yes relegation is devastating but its also true that any village team can rise from obscurity to the top of the pyramid its the definition of the American Dream thats how lester could win the premier league and why major lyon were able to become a force in denmark the American Dream doesnt even exist in us for the n. B. A. In the n. F. L. Up close shots and rich owners will even move into higher planes thousands of kilometers away from new cities if they think that will bring the people probably. Think of the seattle supersonics. Who moved to Oklahoma City to become the sunda. The Oakland Raiders who so was ripped apart when they prioritized the heritage and moved to las vegas. Both systems have their positive and their negatives but one thing is certain if they do a sport certainly on socialists instead the rich owners from the n. B. A. And the n. F. L. Have formed some sort of socialist collective adopting socialist ideals in order to maximize their own profits. The sound of the alps and now open your eyes. To. The palaces instead of your street. Welcomes what may be the most unusual of them to be here. The high rise concert of the dresden Symphony Orchestra here over. The old mind bridge is the perfect starting point for discovering verse for us from here you can see many of the important sights and ill be checking out those spots and on top of that ill do some wine tasting because this region here is known for its difficulties now lets get going in line with the model broken wind blew stinking explorers and it lasted around the chickens. 60 minutes on t. W. What secrets lie behind the swamps. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. B. T. W. World heritage 360 get the happening. Its hard not to get lost in europes largest bamboo average but we will go there anyway you may turn in the show. Hello welcome to new edition off the europe backs and this is one