In this conversation, Matt Jessop and Al Kingsley are joined by Kieran Maguire, Lecturer in football finance at University of Liverpool, author of ‘The Price of Football’ and podcast host of ‘The Price of Football’ with comedian Kevin Day and BBC money presenter Guy Kilty.
They discuss the multifaceted role of football in society, particularly its impact on education, community engagement, and financial sustainability. Kieran emphasises the importance of football clubs as community pillars and explores the economic realities of player wages. The discussion also touches on the social responsibilities of football, the need for respect towards referees, and the unique identity that football provides to its fans.
Key Takeways

• Football clubs play a significant role in community engagement.
• Education can be enhanced through football-related initiatives.
• Financial sustainability is a major concern for many clubs.
• Football serves as a central pillar in many people's lives.
• Player wages vary significantly across different leagues.
• Football can be a powerful tool for social good.
• Respect for referees is a growing issue in football.
• Football creates lasting memories and shared experiences.
• The economics of football reflect broader societal trends.
• Football's identity is intertwined with community and heritage.
  

Chapters

00:00 Introduction to Football Finance and Community Engagement
05:02 The Role of Football in Education and Community
08:57 Football as a Pathway to Careers and Skills
12:53 The Resilience of Football Clubs
17:10 Football's Role in Identity and Community
22:36 The Economics of Football Wages
27:16 Football as a Quasi-Religion and Social Impact
31:12 Respect for Referees and Role Models in Football
35:47 Predictions for the Future of Football