Nowadays, several top clubs playing in England’s Premier League, are suffering from the financial crisis, especially those that owe a lot of money to recently nationalized and sold British high-street banks. Some of the clubs (Arsenal, Liverpool) will have to discuss their finances with a new, yet unknown, bank manager; others (Bolton Wanderers) are very likely to become debtors to the huge sums of money they have borrowed from their bank. Luckily for these teams, most loans are considered to be “commercial matters” for the banks rather than sums of money that must be refunded to the creditors. Nevertheless, it will be hard banking times for several Premier League clubs in these times of financial crisis.
Jasper Dely
(http://www.guardian.co.uk/sport/2008/oct/14/stokecity-boltonwanderers)
1 opmerking:
Fine topic, good text. Coherent and clear.
'debtors to the huge sums...'?
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