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Seminar paper from the year 2016 in the subject Politics - Topic: Globalization, Political Economics, University of applied sciences, Cologne, course: Economics, language: English, abstract: Scientific Assignment about the influence of the new tv contract which has been signed in the British Premier League and the influence on the football market in Europe due to changes in financial power of the respective league. As we look into the summer of 2016, there´s a huge sports event in Europe upcoming which has a high influence on the economy, especially on the economy of the country France. In July, the European Soccer Championship is taking place in France, a country, which was affected by a situation of terrorism during a match between Germany and France. This tournament has a high international attention and will be watched by millions of people all over Europe and even besides the borders of Europe. During this competition, a lot of famous soccer players have the chance to show them and proof their skills to maybe get hired from a more successful club and get a new contract with a higher income. The situation of hiring players for a very high transfer fee is becoming more and more realistic and usual.