Archive for May, 2008

A Trust Issue

Wednesday, May 28th, 2008

cash.gifI found this article on a football blog called Twohundredpercent, and I had to read one sentence twice before I believed it: the top four in the English Premiership, who dominated the latter stages of the “world’s greatest sporting spectacle”, the Champion’s League, have combined debts of almost £2 billion. Yep, £2 billion. What price success? Well, now we know.

Meanwhile, four Trust-owned clubs (Stockport County, Exeter City, AFC Wimbledon and FC United of Manchester) achieved promotion further down the English footballing pyramid, and have arguably got a more secure future than the clubs at the top of the pyramid.

Read the full article here: Twohundredpercent: A Trust Issue

The Independent’s article (not much more than facts and figures, but worth reading after Twohundredpercent’s commentary) is here: What’s in the kitty? How the Premier League clubs shape up financially – Transfers, Football – The Independent