The Great Crash of English Football Around the Corner
In 1997, twenty seven days after Tony Blair became Prime Minister of the United Kingdom, Mohamed Al Fayed completed his takeover of Fulham FC. In the process, he became the first foreign owner of an English football club. Six years later, Roman Abramovich bought into Chelsea FC and his success then led to many others following suit.
The rich had always clambered to get a piece of the action in previous decades, with clubs traditionally being owned by local business …
Will The Premier League Greed Continue? | Record TV Rights Deal Reaction
£5.136 billion, let me run that number by you properly: £5,136,000,000. That is the amount of money being paid to the Premier League for the live TV rights of top flight fixtures in England from 2016 through to 2019. There will be 168 live games shown from 2016/17 onwards in comparison to the current number of 154. The increase of fourteen games and the introduction of 'Friday Night Football' have bumped up the overall cost of the TV packages on …