Some Premier League Finances Revealed
While the UK elections are the top news coming from the UK, there are two rather interesting notes about the finances of two football clubs who have been in trouble this season. First, the...
View ArticleMan Utd Owner in Financial Trouble?
In the build up to the World Cup, soccer (football) news seems to be churning out of the fourth estate every minute. The news which caught my eye today was this report from the BBC (linked through...
View ArticleStadium Debt Nears “Junk Bond” Status
According to the Muni Bond Watch blog at the Wall Street Journal the current economic downturn appears to be taking a toll on the ratings of municipal bonds issued to finance stadium and arena...
View ArticleAre NFL Players the target of predatory lending?
With the National Football League (NFL) owners current locking out the players, many players have little or no source of income or any type of benefits. More than a year ago, I discussed how the NFL...
View ArticleTrouble in Los Angeles
Bud Selig, Commissioner of Major League Baseball (MLB) is not a well liked man among baseball fans, even fans of the Brewers, the team he once owned. Now, Selig may have made even more enemies in the...
View ArticleNBA Lockout Breakdown
Welcome to day 126 of the NBA lockout. I feel a bit guilty about not having discussed the NBA lockout in greater depth, as I spent many posts discussing the NFL lockout. The NFL lockout was settled in...
View ArticleAnd the schools which made a profit this year in college athletics are…
Here: Table courtesy of USA Today: School Total revenue Profit Oregon $122,394,483 $41,853,109* Alabama $130,542,153 $26,600,939 Penn State $106,614,724 $18,572,803 Michigan $106,874,031 $17,507,011...
View ArticleMan Utd to IPO… in the U.S.
Manchester United, one of the worlds biggest brands and highest valued sport franchises has decided that they will pursue an Initial Public Offering to raise $100 million in the U.S. This isn’t...
View ArticleIs the $60 million fine too step for Penn State?
Amongst the many penalties passed along to Penn State for their lack of institutional control of a series of unfortunate and disturbing incidents at their university, the NCAA hit the athletic...
View ArticleDevils in Trouble
The New Jersey Devils of the National Hockey League (NHL) are reported to be in severe enough financial trouble that the league is considering taking over the team. Current owner Jeff Vanderbeek, a...
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