• News Feeds
Page last updated at 10:16 GMT, Thursday, 11 October 2012 11:16 UK

Overspending 'not behind bust football clubs'

The theory that football clubs go bust because they overspend and are badly run has been called into question.

Stefan Szymanski, Professor of Sport Management at the University of Michigan, has examined the accounts of English Football League clubs between 1974 and 2010 and has discovered that it is not wealthy or optimistic owners overspending that is behind the problem.

And he also told Today business presenter Simon Jack that new rules to stop sugar daddies pumping money into loss-making clubs will not work.

Get in touch with Today via email , Twitter or Facebook or text us on 84844.


Story Tools


Sign in

BBC navigation

Copyright © 2017 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific