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Manchester United Manager Alex Ferguson Warns Of Economic Collapse In Football
Football is not immune from global economic downturn, Fergie warns…
| Bet: | Returns: | Man Utd. £19.09 | Draw £30.00 | Liverpool £37.50 |
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| Bet: | Returns: | Man Utd. £22.00 | Draw £29.00 | Liverpool £39.00 |
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| Bet: | Returns: | Man Utd. £19.09 | Draw £35.00 | Liverpool £42.00 |
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| Bet: | Returns: | Man Utd. £20.00 | Draw £34.00 | Liverpool £40.00 |
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| Bet: | Returns: | Man Utd. £20.90 | Draw £33.50 | Liverpool £39.00 |
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Oct 21, 2009 2:47:21 PM
Manchester United manager Alex Ferguson has urged clubs to take a prudent approach in their financial dealings.
"I think there is an awful lot of expenditure and you say to yourself: 'Where is it going to end?'" Ferguson told North West Business Insider magazine.
"That is exactly what was happening in the business world two years ago. There were warning signs and everyone knew there were, yet they carried on because it was so easy to access loans.
"In the football world you say to yourself the warning signs are there, but nobody seems to be bothering about it. You wonder where it's going to go and what is going to happen if one major club are to go, to collapse."
Zack Wilson, Goal.com UK
"I think there is an awful lot of expenditure and you say to yourself: 'Where is it going to end?'" Ferguson told North West Business Insider magazine.
"That is exactly what was happening in the business world two years ago. There were warning signs and everyone knew there were, yet they carried on because it was so easy to access loans.
"In the football world you say to yourself the warning signs are there, but nobody seems to be bothering about it. You wonder where it's going to go and what is going to happen if one major club are to go, to collapse."
Zack Wilson, Goal.com UK
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