MUMBAI: Is gambling in sport good for business? Will 2012 be another year of headline convictions and corruption in a major competition? Is betting an integral part of commercial success, or a risk to the competitive integrity of the sport industry? What?s next for gambling in sport?

These questions and many more will be debated at the Global Sports Forum Barcelona 2012 (GSFB), from 7 ? 9 March, as ICC CEO Haroon Lorgat joins Fifa head of security Chris Eaton, and Norbert Teufelberger, Co-CEO of online gambling company Bwin.Party Digital Entertainment for a panel discussion on ?Gambling in sport.?

Eaton, who recently estimated that ? 300 billion- ? 500 billion is gambled on sport across the globe every year, has been involved in international criminal investigations for 40 years. He joins the panel to discuss his view that as many as 70 per cent of bets placed on sport fixtures go through unregulated and unregistered bookmakers, which is threatening the integrity of professional sport.

Havas Sport and Entertainment president, CEO Lucien Boyer who is also the general commissioner of the Global Sports Forum Barcelona, said, ?Gambling and corruption in sport remains a top priority for governing bodies across the globe, with three Pakistan cricketers convicted of spot-fixing and Fifa appointing Chris Eaton to a new head of security role in 2011.?

?In such a big year for sport, the GSFB 2012 is leading the way in tackling the issues that are of vital importance to the future of the sport industry and we are delighted to welcome five of the industry?s leading experts to the Forum. We will be investigating how sport can manage legal gambling and eradicate the illegal bookmaking culture to protect the industry we all know and love.?

Lorgat recently highlighted the danger illegal gambling posts to sport, telling BBC Test Match special that spot fixing in cricket is ?the most significant issue we need to tackle.?

?You cannot underestimate the value of protecting your integrity and the reputation of the game and if that was to go, we?ve got no game. I think we have shown we will not rest until we do tackle the issue,? Lorgat told the BBC.

Lorgat, Eaton and Teufelberger will also be joined on the panel by John Abbott, Chairman of the Interpol steering group for the Interpol ? Fifa initiative to reduce corruption in football, and Warren Phelops, gambling policy representative for the European Sponsorship Association.

MUMBAI: For the fourth successive year, the top six places in Football Money League from Deloitte has remained unchanged with Real Madrid, Barcelona, Manchester United, Bayern Munich, Arsenal and Chelsea retaining their rankings.

Real Madrid is now just one year short of equalling Manchester United?s dominance in the top position during the first eight years of the Money League. They are being chased hard by rivals Barcelona, whose 13 per cent growth in 2010/11 meant revenue surpassed ?450m for the first time. Manchester United?s failure to qualify for the knockout stages of the Champions League in 2011/12 will likely result in the gulf between the club and its Spanish opponents stretching to over ?100m.

The combined revenues of the world?s 20 highest earning football clubs have defied European economic woes by growing 3 per cent on the previous year, the business advisory firm said.

They have achieved double the rate of growth of the economies of the countries represented in the Money League, which grew on average by just 1.7 per cent during the course of 2010 and by 1.3 per cent in 2011.

The 20 clubs generated ?4.4 billion in revenue during the 2010/11 season and now represent over a quarter of the total revenues of the European football market. Nine of the top 20 clubs recorded double-digit growth in the year.

Dan Jones, Partner in the Sports Business Group at Deloitte, commented: ?Continued growth of the top 20 clubs during 2010/11 emphasises the strength of football?s top clubs, especially in these tough economic times. Whilst revenue growth has slowed from 8% in 2009/10 to 3% in 2010/11, their large and loyal supporter bases, ability to drive strong broadcast audiences and continuing attraction to corporate partners has made them relatively resilient to the economic downturn.?

Jones commented: ?Barca?s shirt deal with the Qatar Foundation, will further boost the club?s revenue in 2011/12. Nonetheless, Real Madrid will be confident it can remain at the top of the Money League next year. The two clubs? on-pitch performance, particularly in this season?s Champions League, will have a big influence on the final outcome.?

Once again, the Money League top 20 comprises clubs from the ?big five? European leagues, six of which come from the English Premier League. A further five Premier League clubs were just outside the top 20 for revenues in the 2010/11 season (Aston Villa, Newcastle United, Everton, West Ham United and Sunderland).

The Deloitte Football Money League - 2010/11 revenue

After its first season without Champions League football since 2003/04, Liverpool slipped another place down the Money League, dropping to ninth position. Despite reporting strong growth from its commercial revenues, and a new six-year kit deal with Warrior Sports from 2012/13, Liverpool needs a return to European football to help secure its top 10 position in the Money League. This is under threat from English Premier League rivals Tottenham Hotspur (11th) and Manchester City (12th), among others.

Alan Switzer, a director in the Sports Business Group at Deloitte, said: ?Spurs? recently received planning consent for a new stadium development, coupled with a continuation of their recent on-pitch form, could secure a Money League top 10 position for the club on a frequent basis. A glance across North London to Arsenal leaves little doubt of the scale and impact of the increased matchday revenue opportunities that arise from a modern stadium development.?

Tottenham?s debut in the Champions League, where it reached the quarter-final stages, gave the club a chance to gain 10th spot in this year?s Money League. However, it was leapfrogged by Schalke 04 ? this year?s biggest climbers ? which jumped six places, pushing Italian giants Juventus out of the top 10 in the process. Schalke?s dramatic rise up the Money League came as a result of a Champions League campaign that saw the club reach the semi-finals of the competition. However, a disappointing 14th place finish in the 2010/11 Bundesliga season and failure to qualify for Champions League football in 2011/12 will likely see a drop back down next year.

Despite impressive revenue growth, Manchester City slipped one place in the Money League.

Switzer explained: ?The club?s heavy squad investment secured Champions League football for 2011/12. When combined with the ground breaking 10-year partnership with Etihad, this will provide substantial growth across all three revenue sources and will see City break into the top 10 in the Money League next year.?

Commenting on the impact of UEFA?s financial fair play break-even requirement, Paul Rawnsley, a Director in the Sports Business Group at Deloitte, commented: ?The focus on football?s future financial sustainability is more prevalent in Europe than at any time in the past 20 years. We remain keen to see that translated into a better balance between revenue and expenditure. UEFA?s break-even requirement, to be assessed for the first time in 2013, is helpful in driving this improvement. It is encouraging more owners to consider the longer term development of their clubs, in terms of generating revenues, investing in facilities and youth development, and controlling their expenditures.?

The three clubs that have dropped out of the Money League for 2010/11 (compared to the top 20 clubs based on 2009/10 revenue) are Atl?tico de Madrid, VfB Stuttgart and Aston Villa.