What does Keith Harris say when some billionaire comes to him wanting to buy an English football club? Harris reaches for the inside pocket of his immaculate blue suit. "The first thing I do," says football's premier dealmaker, "is I produce an imaginary pack of cigarettes and say that buying, owning and actually running a football club is more risky than these are."
And so begins the Financial Times in the Weekend Edition regarding the financial stupidity of billionaires buying English football clubs. For the full article read: Soccer’s billion dollar brain.
This month seems to be the month to be writing about this subject. Forbes has gotten into the act with its article entitled: The Billionaire Soccer Club.
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