Why then is owning a club so attractive if it is barely profitable? Must be a gamble on the asset value when selling.
Also think a lot of players are overvalued in football. There's simply no justification forking out ridiculous sums for some players irrespective of their supposed quality
The main train of thought is the washing of dirty money and why players became so expensive as clubs were willing to pay those fees. Not saying all clubs are dirty, but that was what the talk was all about a few years ago when transfers were that costly. The profit has to be made in the sale of the club as values have risen even though as a business it doesn't give the returns like businesses should.
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Sports washing is the new 'trend'