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

In part one of this article I discussed the unique set of factors that have come together at Reading FC and have created a situation where Sir John Madejski has been able to defy conventional wisdom and make money out of owning a football club. These key factors are finding a football club that’s relatively run-down and without significant debts , which can bought relatively cheaply; the presence of a co-operative local council to enable land purchase and ease planning permission; a suitable location in an affluent area with good communication links; and taking a long term view and investing in infrastructure rather than gambling success on big money players.

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