RE: Debt Financing And Football
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I have been saying this for years, and it seems unsustainable, but they all have a long arm at Uefa. From which they have succeeded in reforming the Champions League. So again more money is flowing their way. And by that they bought themselves some time, and will probably raise their debts once more.
Inter Milan made an offer of 60 million EUR for two players of Club Brugge today… They keep on spending…
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Yes they do keep on spending as it is tomorrows money and not now. This will be someone else's problem and not theirs come 10 years time. There is only going to be so much money as tv rights with the cable operators will be under pressure. They are losing customers so that base is shrinking and not growing. This looks like a train wreck as who is going to fund this madness? Fans can only pay so much for supporting a team.
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