Out of curiosity listened to Talksport for a few minutes today, the theme of the day was that football spending was out of control, we can't carry on like this, need a cap on transfer fees (!?), transfers and wages and agents fees can't keep going up etc etc.
Reported Levy talking about unsustainability despite being one of biggest beneficiaries of this 'madness', and Stoke Chairman was held up as a model of a well run club etc etc. and the same ideas seem to be circulating in the press.
You would be hard pressed to find a better example of a professional business man than Khaldoon, or a shrewder investor than the Sheikh. But that doesn't stop some ignorant know-nothing gutter press tabloid journalist from describing their decision to spend their company's money on improving their business as a "mad spree"!
Football is just a business like any other, and I don't remember anyone getting this worked up and bothered about the explosive growth of the mobile phone business over the last decade or so. Noone said 'it can't go on like this - have you seen how much they spend on adverts and what about all those new store in every town in the country?'
There is an obvious correlation between the increasing amount of money coming into the game from TV and Commercial opportunities and the amounts being spent so what is the big deal? The same so called news outlets were reporting the massive increases in the Sky TV money not long ago.
Reported Levy talking about unsustainability despite being one of biggest beneficiaries of this 'madness', and Stoke Chairman was held up as a model of a well run club etc etc. and the same ideas seem to be circulating in the press.
You would be hard pressed to find a better example of a professional business man than Khaldoon, or a shrewder investor than the Sheikh. But that doesn't stop some ignorant know-nothing gutter press tabloid journalist from describing their decision to spend their company's money on improving their business as a "mad spree"!
Football is just a business like any other, and I don't remember anyone getting this worked up and bothered about the explosive growth of the mobile phone business over the last decade or so. Noone said 'it can't go on like this - have you seen how much they spend on adverts and what about all those new store in every town in the country?'
There is an obvious correlation between the increasing amount of money coming into the game from TV and Commercial opportunities and the amounts being spent so what is the big deal? The same so called news outlets were reporting the massive increases in the Sky TV money not long ago.