Home » “Even if it’s just the Carabao Cup, it’s still a senior cup competition” Finance expert says winning the trophy is worth more than we think

“Even if it’s just the Carabao Cup, it’s still a senior cup competition” Finance expert says winning the trophy is worth more than we think

By Bruce Grove -

The Carabao Cup is one of the major trophies in England, but some clubs don’t consider it as such.

That is why teams usually field their youngsters while preserving their senior players for Premier League and European football.

The winner of the competition usually gets a part of the gate receipt at Wembley as well as £100,000.

That fee is small considering how much clubs spend weekly to run as a business.

This competition is the last trophy that Tottenham won, and they have now reached the final of this year’s edition.

Football Insider’s columnist Kieran Maguire claims that while teams don’t consider it to be financially rewarding, it actually is because it opens up the door for clubs to get more sponsorship deals.

He said that thinking it isn’t worth much is a misunderstanding because the reputation it will give the club will help them to subsequently negotiate deals from a stronger position.

“They will have some clauses with sponsor contracts if they win any domestic competition. So they’ll get additional money from that,” he told Football Insider

“The criticism of Spurs is that they’ve not won the title since 1962, they’ve not won anything since 2008. Is it an emperor’s-new-clothes situation?

“Even if it’s just the Carabao Cup, it’s still a senior cup competition. It will help them when they are next in negotiations with sponsors. They’ll say ‘look, there are only three trophies in elite English football and we’ve got one of them’

“It will be beneficial. The prize money is an irrelevance, but from a reputational point of view, it will be a positive. And you can bet your bottom dollar Mourinho will be banging on about it if he wins it… He knows exactly how many trophies he’s won at every club he’s been at.

“Clearly, they can’t have a bus parade in current circumstances, but there are certainly a lot of positives in winning it. And it guarantees a European spot, of course.”

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England Mike
England Mike
3 years ago

There has been an almost vicious campaign to not only devalue the domestic cups here, but to have them terminated by those favouring other competitions, showing them as unworthy of true merit and prestige.
It so very nearly worked but thankfully there are those who still believe in the tradition and history of these cups that offers such intriguing and unlikely matches such as today’s encounter. Ask any player who has not played in these competitions, especially a final, they will tell you it’s something money can’t buy.

Tappaspur
Tappaspur
3 years ago

COYS. brush up a bwoy team. No mercy.

jose
jose
3 years ago

Finances will be the issue to further refine the squad. Levy really supported Mou taking that huge bank loan and clearly spent some of that money bringing in 7 players at around 70 mill.
Further, smart loan deals will be required and player sales to cover costs of future buys.
This may take a few transfer windows but seeing Mou so relaxed it seems he will be given that.

ministerscat
ministerscat
3 years ago

Let’s do the Manc Arabs for Jose

James McKevitt
James McKevitt
3 years ago

My thoughts exactly. That sixties team won the League, three FA Cups, and a European Cup Winners Cup. Make winning a habit.

Steve 'Killer Cushion' Williams
Steve 'Killer Cushion' Williams
3 years ago

Well said Bruce.. We win the league cup and this will breed belief and confidence to go on to bigger and better.. Domino effect.

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