- Joined
- Oct 17, 2024
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- 12,532
The problem is it resembles central planning. Central planning often creates entities that start with a bang before collapsing. We had a town in australia, monarto, that was centrally planned and now a place of despair.Well it's about suitable locations for clubs first, not necessarily just the highest bidder like what gave us the Western United disaster.
It's a bit like the broadcast rights. It's not just about the highest bidder, you have to consider other factors like paywalls, promotion and added value, production costs etc.
It is really hard to beat the free market with central planning unless you are trying to improve moral outcomes (e.g. help the poor, sick and elderly). Bidders are going to be naturally attracted to areas they think are most likely to work, so you give them the best chance if you let the market decide.
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