Post subject: Re: American ownership of English football clubs.
Posted: Wed Oct 06, 2010 1:06 am
Stone's Bitch
Joined: Wed Aug 10, 2005 7:55 pm Posts: 1712
To be fair, Arsenal are not in debt, and of course Kronke only owns about thirty percent.
Also, Randy Lerner of Aston Villa is a good example of proper American ownership of a football club. He provides the proper financial backing of the squad that the fans demand, and appears to have quite a vested emotional interest in the club as well. I believe he even has had Villa tattooed on his ankle. If only he cared as much about the Browns.
As everything, it's all relative. Liverpool fans burning American flags are slightly reactionary idiots if you ask me. You're talking about a couple of ridiculous owners who have turned every sports franchise they've touched to shit. They're the exception, not the rule.
_________________ ...and a bitter voice in the mirror cries, "Hey, Prince, you need a shave."
Post subject: Re: American ownership of English football clubs.
Posted: Wed Oct 06, 2010 3:05 am
Poney Girl
Joined: Sat Oct 16, 2004 11:17 pm Posts: 45120
Big Pink wrote:
To be fair, Arsenal are not in debt, and of course Kronke only owns about thirty percent.
I h8 ARSEnal too, but that's pretty much just because of Kronke, since he owns the Avs, Nuggets, and Rapids. And well Nuggets are rivals of Jazz and Rapids are rivals of RSL. So yup
Post subject: Re: American ownership of English football clubs.
Posted: Wed Oct 06, 2010 2:48 pm
Landry
Joined: Sun Oct 17, 2004 12:50 am Posts: 11842
What's funny is that the English are blaming Americans for putting debt on their precious clubs in a sport that's the least profitable for individual entities of any major sport in the world. Gillette and Hicks are retards, but they're no dumber than any other soccer ownership group. Did you see how much money Man City lost in the last fiscal year? The only difference is G&H are selfishly trying to recoup some of their own money. For shame.
The 20 English Premier League clubs have a combined debt that has spiraled to $4.45 billion. Fourteen of them lost money in 2008-09, the most recent season for which numbers are available. The financial picture is even uglier in La Liga, in which last year's 20 teams tallied $4.65 billion in debt. Just three of those Iberian bastions of soccer achieved an operating profit: Barcelona, Real Madrid and little Numancia, which was relegated as a reward for its fiscal prudence.
Whatever Pool fans are expecting, its only going to get worse. G&H were a symptom, not the problem.
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