My local team, Plymouth Argyle, have now gone into administration, thanks to the foreign owners who took over 2 seasons ago, when we we just missed out on a place in the play offs for the premiership a club that made a small profit every year now has debts of around £10 million, no good players left, they we're all sold and will be relegated for the 2nd time in 2 seasons.
Ouch! That sucks...
In the Bundesliga there are many sponsorship deals and two clubs are "supported" by large companies(Bayer 04 Leverkusen by Bayer and VfL Wolfsburg by Volkswagen) but over here in Germany it is usually not possible to outright buy and purchase a football club, because clubs are not corporations but associations, for which I am quite thankful.
I do not wish to ever experience a situation like FC Liverpool found itself in...
Ciao
Hessian
Yeah, i've seen how the Bundesliga is organised for team ownership, wish we could have the same here ![Sad :(](https://obtforum.com/forum/Smileys/default/sad.gif)
Crawley seem to have it right - they are in the Conference but they've got money. The problem seems to be that everyone wants to be in the Premier yesterday and trys to buy their way there. Just look at how much the big clubs are really in debt, if you take away the Oil Millions which hold them up.
Arsenal seem to be better, but that model needs to be followed elsewhere. I know that Ashley is a dick as far as footbal goes, but a 35£Million profit on a local lad ain't bad. A few of those and we might have a club again.
It seems as though people need to lose a lot before they get sensible - Leeds, Southampton, etc. Thankfully they've got big grounds and a good supporter base. Hope that Plymouth get turned around mate.