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-- Economy in crisis means troubled playing fields ahead for sports [espn]

Economy in crisis means troubled playing fields ahead for sports [espn]

You've probably seen curious things in recent days. Despairing traders with their heads in their hands on the floor of the New York Stock Exchange. Charter members of the Wall Street elite carrying their belongings in boxes as they walk out the doors of what used to be investment banks. House leaders strategizing across the aisle in an attempt to marshal the rank and file into action.


All very strange.



But none of that is more curious than the scene at Old Trafford a couple of Saturdays ago. As Manchester United, possibly the world's most valuable sports franchise and arguably the most famous one worldwide, took to its hallowed pitch, its home red shirts (an appropriate color, as it turns out) were emblazoned across the chests with the logo of American International Group, previously the largest insurance company in the U.S. and now a ward of the state. At the time of its collapse and public rescue, AIG was just midway through a four-year sponsorship deal with Man U that will pay the club upward of $100 million. Not that U.S. taxpayers' money is really going offshore, mind you, since Man U's owner is Malcolm Glazer, a Rochester-born businessman who also happens to own the Tampa Bay Buccaneers.



For the record, Man U declined ESPN.com's requests for an interview with Glazer and also declined to take any questions about its sponsorship.

http://sports.espn.go.com/espn/otl/...gare&id=3622898

the best part of this article is that it says manutd lost to hull... get your facts right, writer!

$100 Million
now that's bold.

Almost
In
Greece

liverpool fans will get that one especially well.

i hate man u & I don't understand how man.u will resolve with whatever that is without having to force tax payers into this.

Enrique, did you get my PM and/or email?

shit, juggling cellphone while driving downtown, I'll take a look at my inbox when I return.

Thanks for teh heads-up

peas & beans

In Russia, sports teams pay sponsors.

I enjoy soccer (futbol) but let's all agree that C.Ronaldo gets paid excessively much,
what I don't understand is how this was allowed, Soccer is not a sport
with one strong American market, but it pretty much shows us how AIG
were well over-their-heads.

Man.u is the richest soccer team in the world (I could be wrong) expect
some serious controversy in the next couple of weeks as this unfolds.

quote:

Originally posted by diggerz I enjoy soccer (futbol) but let's all agree that C.Ronaldo gets paid excessively much, what I don't understand is how this was allowed, Soccer is not a sport with one strong American market, but it pretty much shows us how AIG were well over-their-heads. Man.u is the richest soccer team in the world (I could be wrong) expect some serious controversy in the next couple of weeks as this unfolds.

no, john terry gets paid excessively. a lot of salaries in the EPL are inflated. i do think ronaldo is probably worth every penny to united.

quote:

Originally posted by Ian Almost In Greece liverpool fans will get that one especially well.

quote:

Originally posted by trunks1022 no, john terry gets paid excessively. a lot of salaries in the EPL are inflated. i do think ronaldo is probably worth every penny to united.

his hairstylist must be a rich man by now if you know what i mean

I doubt this, but I can still hope that maybe this will cause tickets to become reasonably priced again.

quote:

Originally posted by Ian Almost In Greece liverpool fans will get that one especially well.

heheeheheheehehehehe

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