Matt Scott: How do you price a player? Football’s fundamental inefficiency

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“Everything that can be counted does not necessarily count; everything that counts cannot necessarily be counted.” Albert Einstein

When Einstein wrote the most famous equation in physics, he identified his inputs very clearly as energy, mass and the speed of light: E=mc2. But then the relationship between energy and mass is itself intrinsic, a fact represented in the paradox about what counts and can be counted.

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Mihir Bose: The one Blatter legacy that will live on

It is interesting that, despite all that has been written about FIFA, one issue has not been much discussed. This is how will politicians treat any future FIFA that emerges from its bribery crisis? We know how western politicians now regard FIFA. They have nothing but contempt. David Cameron, the British Prime Minister, has made this abundantly clear in the House of Commons.

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Matt Scott: Why FFP is right and proper, whatever City fans might say

“No man can judge what is good evidence on any particular subject, unless he knows that subject well. A lawyer is no better than an old woman at a post-mortem examination.” George Eliot, Middlemarch

For hundreds of years the legal profession has been among society’s least popular functions. It’s pretty clear that not everyone likes the way lawyers practise their business but the fact is the modern world could not carry on without them.

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Matt Scott: Can Henry persuade Wenger to spend? £200m says he should

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“Arsenal need to buy four players, they need that spine. They need a goalkeeper, they still need a centre-back, they still need a holding midfielder and, I’m afraid, they need a top, top-quality striker in order to win this league again.” Thierry Henry, Sky Sports

They have a statue of Thierry Henry outside the Emirates Stadium. For most Arsenal fans he was the champion of champions, the Achilles from Paris,

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Lee Wellings: Time for a woman to run FIFA?

In the world of smoke and mirrors, behind the spin and the secrecy, the lies and vested interests, the tangled webs of international diplomacy, or lack if it, the posturing, the blinkered views and denials, one thing is sure about the astonishing FIFA crisis and its large global ripples.

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Matt Scott: Why are English clubs so hard to sell? Ask Warren Buffett

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“For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.” Warren Buffett

It’s hard to argue with any of the aphorisms spoken by the most successful investor in modern history. Warren Buffett has made himself a multi-billionaire, and lots of other people very rich too, with his seer’s ability to pick a stock through forensic financial analysis.

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Inside Editorial: All lawyered up with no place to go

News that FIFA president Sepp ‘despot’ Blatter and Jerome ‘not me’ Valcke have lawyered up in the US with a couple of the most aggressive rottweilers available comes as no real surprise. Or does it? And does the fact that this is actually news tell us a bit more than perhaps the news leaker had intended.

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By David Owen: Platini and the Sheikh. Marriage made in Berlin and Lausanne?

From the days of Mrs Astor’s New York, and probably long before, all networks have had their must-attend parties. The annual summer party thrown by the late Sir David Frost, the media personality, is a good example of the sort of thing I have in mind. This past week in Lausanne, there was no doubting the invitation that those hooked into the Olympic “network” most wanted to get their hands on: it was for the June 8 reception to mark the inauguration of the new Association of National Olympic Committees (ANOC) Headquarters,

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