Why most of the popular Football (Soccer) Clubs are in debt?
Most of the popular Football clubs are in debt despite having half billion supporters. What could be the reason?
Some of the people involved with the buying of football clubs kind of 'borrowing' the money in the first place, they see it as an investment unfortunately bringing their debt with them to the club, they then proceed with pocketing some money from player sales etc instead of keeping 100% without the football club
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