Everyone knows uk is the richest in europe but now I'm wondering how come none of these riches come up and say don't sell the club to a foreigner I'll buy it myself.
We are the first ones to say this is messing up with the culture while we're doing nothing to help.
Thanx!
2007-04-23 01:03:15 · 5 answers · asked by Invasion 3 in Sports ➔ Football ➔ Other - Football
The idea behind the financial implications of privately owned businesses is completely different from publically owned firms. Manchester United, for example, was a publicly owned company until Glazer bought out the team - (at which point the team was taken off the London Stock Exchange). There are different rules and regulations for both styles of ownership, and obviously no one wants a dictatorship at their own historical club.
2007-04-23 01:09:01 · answer #1 · answered by Virginia 3 · 0⤊ 0⤋
Because running a football club virtually guarantees you a loss. John Madjeski, for example, has spent about £40m of his own money on Reading.
2007-04-23 01:12:21 · answer #2 · answered by Gerbil 4 · 0⤊ 0⤋
it is 'cos we have become a selling country not a buying country. what do we own in the u.k these days.....
not much
2007-04-23 06:55:02 · answer #3 · answered by thfc2thfc 3 · 0⤊ 0⤋
bcause its a buisiness ol risk&luck
&if there is any loss,its very heavy
2007-04-23 01:09:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
it seems that the brits were overtaken by others in the money game...
2007-04-23 02:18:28 · answer #5 · answered by Anonymous · 0⤊ 0⤋