What can Manchester United’s visit teach us about business?

Naturally football fans were in jubilant mood as they watched last week’s match between Manchester United and Kitchee at the Hong Kong Stadium. But the event also cast a shadow over Hong Kong’s international image as a world-class city and a potential hub for sports events.

The sub-standard surface of the stadium pitch had caused much concern beforehand. Although the players appeared unaffected by the under-foot conditions – and fortunately no one was injured - home affairs minister Tsang Tak-sing apologised for the lack of proper maintenance and promised a review to rectify the situation.

What does this saga have to do with MBA studies? Well, needless to say, football is big business and can give a significant boost to a local economy with the large sums of money now involved. Government officials blamed the poor state of the pitch in part on the intensive schedules of matches around that time. These matches, though, brought in revenue from tourists paying for hotels and services, sales of souvenirs associated with the teams, and higher spending in bars, restaurants and other outlets. 

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