The British government hopes a regulator can save football from folly
The English game’s finances are skewed and fragile
TO BE ENLIGHTENED—or just bewildered—about the febrile finances of English football, consider a small triangle in the north-west of the country. At one corner is Manchester United, the prize in a battle of billionaires. Sheikh Jassim bin Hamad al-Thani, a Qatari banker, and Sir Jim Ratcliffe, a British chemicals magnate, are vying to buy United from the American Glazer family. Whoever wins may have to stump up £5bn ($6bn).
This article appeared in the Britain section of the print edition under the headline “Referee!”
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