Businessmen never understand how to run a football club

We wrote:

Chelsea and Man City becoming an exception to the rule?

Date: 10th March 2014 at 11:23am
Written by Chris Knight

Over the past decade, Premier League boardrooms have witnessed an influx of wealthy businessmen and individuals from all over the world, each seeking to invest in the global brand that our domestic top-flight has become. To those that arguably have more money than sense, the ownership or control of a Premier League club seems to have become the ultimate fashion accessory and it is a development that has spread on to the continent. The recent takeovers at Paris Saint-Germain and AS Monaco suggest it is a trend that shows no signs of abating any time soon. Sheikh Tamim Bin Hamad Al Thani  in Paris and Sheikh Mansour at Manchester City have proven that splashing a significant amount of cash can buy success in the short term. On the other hand, Suleyman Kerimov's withdrawal of funding at Anzhi Makhachkala and the malaise that the club currently finds itself in emphasises the eminent dangers of the 'Sugar Daddy' model of ownership. With this recent trend, the question of whether a successful businessmen can successfully make the transition into football is an intriguing proposition. Indeed, the potential for a crossover from the business world to football is perhaps more prevalent than ... Read More

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