London Luxury-home Values Climb At Fastest In Five Months
In his robust Inside The NFL Notebook, NFL Media’s Albert Breer touches on multiple topics, including (click on each link to take you directly to the topic): And much more, beginning with a closer look at where the NFL stands abroad … The NFL’s move to two games in London for this fall was about growth. If the league goes to three games anytime soon, it’ll be about ambition. InternationalSeries history Year Result 2012 Patriots 45, Rams 7 2011 Bears 24, Buccaneers 18 2010 49ers 24, Broncos 16 2009 Patriots 35, Buccaneers 7 2008 Saints 37, Chargers 32 2007 Giants 13, Dolphins 10 The growth of the league in the United Kingdom since 2007 has been significant, but not to the point where those running the show over there believe relocating a franchise to London or having an expansion team is on the foreseeable horizon. And there’s the rub. The guys in charge of growing American football in Europe don’t run the league. The 32 owners do, and there is a subset among them fascinated with putting a team on the other side of the Atlantic, not just to open new profiting-bearing doors but to burnish legacies. Robert Kraft outed himself as a member of that group last year, when the New England Patriots owner said he wanted a team in London within 10 years, a number that now is down to nine. Kraft’s ambition is clear. The growth hasn’t caught up with the vision yet, but ultimately, the decision to push forward with a team overseas will be up to him and his brethren, whether the UK is ready or not. “I’ll be honest, we don’t sit around and debate that,” Chris Parsons, the NFL’s senior vice president of international, said before this week’s Pittsburgh Steelers-Minnesota Vikings matchup . “If you ask me that question of when, it’d be total speculation on my part. I think you have to remember that we at the league don’t necessarily make those decisions either.
Game plan London: The NFL abroad
By contrast, values for properties subject to the tax gained 8.7 percent, the broker said. The stamp duty issue is definitely in effect, Liam Bailey , global head of residential research at London-based Knight Frank, said by phone. Theres no doubt that investors have been concentrating their firepower in the 1 million-pound to 1.8 million-pound bracket. Thats been pushing that market. Prices in central London have climbed for 35 straight months. Although the rate has slowed, the markets strength this year has exceeded most brokers expectations. Knight Frank as recently as June said there wouldnt be a significant price increase this year. A month later, the firm forecast a 6 percent gain. Discretionary Market Theres a push-back from buyers, Bailey said. Its a discretionary market and people are looking for value. They arent desperate to buy anything at any price. Notting Hill and the City of London financial district led the increases with gains of 1.5 percent and 1.4 percent, respectively, in September. Belgravia, where values declined 0.2 percent, was the only neighborhood that didnt see a gain. Rents in prime central London fell 0.1 percent in September from the previous month, the fourth-straight decline, Knight Frank said in a separate report. Rents dropped 2.5 percent on an annual basis.
“There are a lot of forces coming together to take it to the next level,” he says. Fuller, a football devotee from the age of 19 after he traveled around the USA on a greyhound bus, says the recent granting of BUCS status roughly equivalent to the NCAA to football-playing British colleges is not only a development that is key to unearthing home-grown talent, but an indication of how far things have progressed. “Whatever cultural barriers initially existed in Britain were overcome in the late 1980s, when American football was broadcast here on TV for the first time,” he says. “There’s a strong foundation of support now.” Indeed, in the broadest possible terms those who say they like the sport Britain has come a long way. More than 11 million people out of a total population of 63 million in the United Kingdom, or 17%, now say they are NFL fans, according to NFL research. That compares to about two-thirds of people in the USA who self-identify as football fans. In China, by way of contrast, which has a population of 1.4 billion, there are about 3 million fans of the sport, or 0.2% of the population, according to managing director of NFL China Richard Young, who revealed the statistics in an interview with Ad Age in January. On yet another measure, the NFL’s main Facebook page has 8 million “likes”; NFL China’s Facebook page has a mere 199 “likes”; and the league does not maintain a separate Facebook page for the U.K. As an export concept, Fuller says, football is not without headwinds. “Whereas for basketball or soccer it’s relatively easy to put together a team, put two jerseys down for a goal, or find a basketball hoop and just start playing, there’s a lot of structure to football that makes it more difficult to transport to another country,” he says. “There’s the structure of the team, the structure of the officials. There’s also the cost of the equipment,” he says. The modest amount of padding permitted but not required, for example, for players of rugby pales in cost compared to a helmet, shoulder pads, leg padding and other accessories deemed absolutely necessary for football players. The NFL has returned to London with the Vikings and Steelers set to meet at Wembley Stadium on Sept.