Too true, the stadium certainly lacks a bit of character. Maybe lighting up the stadium a la Bayern or Athletic or the Bird's Nest for night matches, would make the venue more alluring.
Only £40m? They clearly don't realise how much better he is than the £50m Man City are said to have paid for John Stones. Plus he still has 5 (?) years left on his contract.
Don't worry about it, the site is looking for click bate and the Scousers are desperate enough to believe it. Lets back to our new Chinese friends
There is that sage old saying that if you want to become a millionaire, buy a football club. But you have to be a billionaire first. However, I think that if you are very serious about the venture, and do the right things at the right time, then a football club can make you money. But generally, it won't be a lot. The Liebherrs have certainly bucked the trend there.
The way to make money from a football club is to buy a club that's big for the division it's in and build it up to sell on. The tv money getting crazy espescially has changed this. Exactly what happened with us and I imagine why the American guy is interested in Pompey too.
From what we learnt from Cortese during his tenure I have no doubt that he realised the real money to be made in football is taking a club through the divisions and promotion to the premier league. That's not without risk, we got relatively lucky with back to back promotions and plenty of clubs/owners are trying to do the same thing and have paid the price with high wages on championship income. Can money be made in the premier league? Of course, Saints are proving it. You might not see a major win in revenues like the Liebherrs have seen, but a well run club should turnover a nice little profit year on year for as long as you can stay in the top flight.
Yes and no. The year-to-year profit isn't going to be worth the cost of purchasing the team, and it comes with substantial risk...any downturn and you're either going to have to spend and lose that profit or be in danger of relegation. The real money is in selling the team, as she is attempting to do now, and if you're aiming to make money in football, that's your eventual endgame. Even taking on some debt in that pursuit is worthwhile (harder to do with the FL's rules these days, however), because the difference in value between, say, a League One club and a midtable Premier League side is massive. Of course, there's plenty of risk that you'll never achieve that jump, but it's highly profitable if you do.
http://www.telegraph.co.uk/football...-face-denial-premier-league-chinese-takeover/ Ring the alarm bells?