Football Clubs On the Brink
Concern has risen about insolvencies among football clubs. We ask why English football in particular is riddled with clubs which seem to be always on the brink of bankruptcy?
Soccer is a multi-billion dollar business, fuelled by the passion and the money of fans. But concern about insolvencies has been growing.
The English Premier League is one of the richest sporting series in the world. Yet English football is riddled with clubs which seem to be permanently on the brink of bankruptcy.
This week Portsmouth Football Club, a member of the Premier League, is fighting for its survival in court. The Βι¶ΉΤΌΕΔ's Theo Leggett reports on where all the riches go - on transfer fees and players' wages.
Plus Dan Roam, author of 'The Back of the Napkin', explains how sketching out business ideas in picture form can sell ideas.
And the Βι¶ΉΤΌΕΔ's Chris Hogg reports on the entrepreneurial hotbed of Wenzhou in China.
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- Tue 16 Feb 2010 08:32GMTΒι¶ΉΤΌΕΔ World Service Online
- Tue 16 Feb 2010 19:40GMTΒι¶ΉΤΌΕΔ World Service Online
- Wed 17 Feb 2010 02:40GMTΒι¶ΉΤΌΕΔ World Service Online
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