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Why aren't there more football management games besides Football Manager?

Football Manager devs basically just update the database and add some minimal patch to the previous version and then charge €50, and then people complain that they're paying full price for a patch but then pay it anyway because it's the only real game out there of its genre.

There's surely money to be made so why doesn't anyone else want to develop a football management game?

!football

20
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There's probably a massive upfront cost to developing the simulation engine and building the initial player database. With how risk averse investors are nowadays I understand them not wanting to invest into it.

It's a shame though because FM sucks in so many ways.

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