How to make a small fortune from football. (Part Two)

Yesterday in the first part of this article I talked in general terms about the four unique factors surrounding Reading FC which enabled Sir John Madejski to work a miracle and make money out of owning a football club. These were that the club was relatively run-down and without significant debts so could be bought relatively cheaply; the presence of a co-operative local council which would provide land and planning permission without significant difficulties; a suitable location in an affluent area; and taking a long term view and investing in infrastructure.

Today, as promised, I’ll delve more deeply into this, and look at the actual numbers involved so we can get an idea of just what this investment was and its likely value now.

Read the full article here :