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Thursday, 22 November 2007

How much did last night cost?


As a confirmed football fan I was watching last night as we were squeezed out of Euro 2008.

This morning, as we savour the departure of 'that man' it's interesting to see the ripple effect of England dropping out of a major competition.

Sports Direct saw a drop in the values of their shares of £71m, Umbro lost 5pm off its share price and JJB almost 12p. No feedback from the publicans yet but its going to hit them hard as well. Commercial TV will be re-working ad revenue estimates this morning no doubt.

According to the Evening Standard last night could cost UK business around £1.5bn. McClaren's £2.5m pay off seems small fry in comparison (and not deserved but don't get me started).

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