Poor Debt Management By UK Soccer Clubs.
The following is a guest post by My Two Dollars reader James Watson.
Football in the UK (or “soccer” as the residents of the US know it!) has always been a lucrative business, and no more so than since 1992 with the introduction of the Premier League and the partnership with Sky TV. Since then there have been unimaginable riches in football, and it looked like there would be no boundaries to the amount of money flying around the league.
