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The economics of ‘The Old Firm’: Old Entente or Old Rivalry?
[L’économie du « The Old Firm » : Vieille Entente ou Vieille rivalité ?]

Author

Listed:
  • Luc Arrondel

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Richard Duhautois

    (LIRSA - Laboratoire interdisciplinaire de recherche en sciences de l'action - CNAM - Conservatoire National des Arts et Métiers [CNAM], CEET - Centre d'études de l'emploi et du travail - CNAM - Conservatoire National des Arts et Métiers [CNAM] - M.E.N.E.S.R. - Ministère de l'Education nationale, de l’Enseignement supérieur et de la Recherche - Ministère du Travail, de l'Emploi et de la Santé)

Abstract

One of the world's most legendary derbies, based on a politico-religious rivalry, is the match between Celtic and Rangers in Glasgow. However, the first matches at the end of the 19 th century were above all popular and commercial successes, hence the name "The Old Firm", symbolising the shared financial interests of the two clubs in the Scottish capital. It wasn't until some twenty years later, in the 1910s, that the antagonism really came to the fore : Green vs. Blue, Catholic vs. Protestant, Republican vs. Unionist. Even though "The Old Firm" has lost some of its European lustre, both in sporting and economic terms, it remains a popular success that generates substantial income on match days. The rivalry, still essential to this success, has also changed in nature : as society has become less religious, "The Old Firm" has become its own generator of "sectarianism".

Suggested Citation

  • Luc Arrondel & Richard Duhautois, 2024. "The economics of ‘The Old Firm’: Old Entente or Old Rivalry? [L’économie du « The Old Firm » : Vieille Entente ou Vieille rivalité ?]," PSE-Ecole d'économie de Paris (Postprint) hal-04840845, HAL.
    • Handle: RePEc:hal:pseptp:hal-04840845
    DOI: 10.58335/football-s.757
    Note: View the original document on HAL open archive server: https://hal.science/hal-04840845v1
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