I believe in every country tickets, merchandise, scouting and staff is similar.
So we can change this equation:
I would completly disagree with this.
& again it's not only about TV contract. $30k per week over the course of a season, & that's just the English League that's roughly $500k I don't have.
Here are my finances & compare to yours with salary of players etc & run that again:
Attendance: $ 531 501
Merchandise: $ 76 624
TV Contract: $ 164 640
Right is not a popularity contest!