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Finance

Finance

Rapper Takeover: Be Careful Crystal Palace, You’re A Diddy Away from Reality Television

by Clive Longbottom-Fellow, Esq.

P Diddy

The Diversification of Sexy

I’m sure many of you have seen the reports of P. Diddy’s interest in purchasing Crystal Palace.  No, not the one in Baltimore.  Brendan Guilfoyle, one of Crystal Palace’s bankruptcy administrators, stated that he’s a big hip-hop fan and would love to discuss the purchase with Mr. Combs.  Slow down, Brendan.  Palace is in this situation because of poor financial decisions.  I sincerely hope that your interest in negotiating with Diddy isn’t because you’re a big hip-hop fan.  To scratch that itch, it’s much cheaper for you to just download a few songs.  If cost is an issue, you can download them illegally.  I won’t tell. (more…)

Finance | Outside the Lines
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Finance

Nightmare at Fratton Park: Searching for “Owner #5″”

by The Chairman

Fratton Park, Portsmouth, England

The unending saga of Portsmouth Football Club’s ownership merry-go-round has taken on a life of its own.  The club has had a staggering four owners since the start of the 2009-10 Premiership season. Some clubs haven’t had that many owners in the past decade, let alone a year.  Talk about poor financial management.  The club’s finances are in such a poor state that it recently requested permission from the Premier League to sell players outside the January transfer window. (more…)

Finance | Outside the Lines
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Finance

A Sustainable Way Forward

by The Chairman

Arsenal Manager, Arsene Wenger

It is no secret that Arsenal Football Club (AFC) is run under a self-sustainable business model.  The club takes great pride in touting this fact, sometimes to the detriment of some of its own fans who want greater on field success in the form of silverware (AFC has gone five long, arduous years without a major trophy – cue the violin).  According to Arsenal manager, Arsene Wenger, it is imperative that football teams live within their means, by which he means that clubs should only spend what they make.  That is why a few years ago, after the club decided to build Emirates Stadium, Arsene embarked on an odyssey of sorts  to revolutionize how the squad was constructed. (more…)

Finance | Outside the Lines
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Football for Change is a feature in which Nutmeg Radio highlights work being done by organizations across the globe using soccer to promote development.

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