Ice Cream Economics – Ronaldo or Anglo Irish?
Now I know I’m just an ice cream man and not an economist, but I think I might have the answer to Ireland’s economic woes. As everyone knows, Christiano Ronaldo has been sold to Real Madrid for £80 million. Sounds a huge amount, doesn’t it?
However, at the same time we, the Irish taxpayer, are going to pump €4 billion into Anglo Irish bank. Which is more foolish?
Now here’s a better idea. What if we took the €4 billion and bought football players? With 10 teams in the League of Ireland top division, and 11 first team players, we could spend an average of €36 million per player.
We’d have the best players in the world playing in our first division. Think of the tourism benefits! Think of the TV revenues and ticket sales! Think of the boost to places like Sligo and Drogheda! We could contractually make the players endorse Irish products, which would boost exports. And 110 millionaires coming into Ireland might even help the property market.
This may all sound very silly, but then, so does bailing out a dubious bank. At the very least my idea would be far more enjoyable.
I’ll go back to making ice cream now.
This entry was posted on Friday, June 12th, 2009 at 7:27 pm and is filed under Musings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.