Comments on: Demise of Portsmouth: Warning to others http://www.sportsleader.co.za/josephmisika/2010/04/06/demise-of-portsmouth-warning-to-others/ Thu, 17 May 2012 13:16:21 +0000 http://wordpress.org/?v=2.2 By: Adam Wakefield http://www.sportsleader.co.za/josephmisika/2010/04/06/demise-of-portsmouth-warning-to-others/#comment-8091 Adam Wakefield Mon, 19 Apr 2010 13:44:11 +0000 http://www.sportsleader.co.za/josephmisika/2010/04/06/demise-of-portsmouth-warning-to-others/#comment-8091 Interesting stuff Jo. Quite astonishing that English clubs make up 56% of European football debt. That is madness! While Man U is indeed a global brand, as a supporter, 700 million doesn't sit right with me whatsoever. Will the English clubs spend within their means? Somehow I doubt it...but if you look at Arsenal, they are debt free and raking in the cash. A model to follow perhaps? Interesting stuff Jo. Quite astonishing that English clubs make up 56% of European football debt. That is madness! While Man U is indeed a global brand, as a supporter, 700 million doesn’t sit right with me whatsoever.

Will the English clubs spend within their means? Somehow I doubt it…but if you look at Arsenal, they are debt free and raking in the cash. A model to follow perhaps?

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