The Last European Football

Got some office work and an engaged couple consultation out of the way this morning. So I watched the heroic defensive effort from Atlético de Madrid today.

Had to get back to church for the late afternoon Mass, so I left at the 106th minute. Guess I missed some stuff at the end.

I see QPR has parlayed massive financial losses into a return to the Premier  League, winning the playoff for promotion. Any European football fan know how often a team actually goes bankrupt?

Next up, World Cup 12 June to 13 July.

About catholicsensibility

Todd lives in Minnesota, serving a Catholic parish as a lay minister.
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2 Responses to The Last European Football

  1. Todd, you may find this link interesting. Clubs avoid bankruptcy by “going into administration”. Most manage to exit administration within a year, though one or two do drop off the map, amalgamate with other clubs etc. The town I was born in, Newport (Gwent), in south Wales, went into administration, lost the use of their stadium, but somehow were “reborn” in what is known as the Football Conference (minor league ?). The football team in another town, Hereford, which my family lived in since I came to Japan, have bounced back and forth between the League and the Conference.
    http://en.wikipedia.org/wiki/Administration_(British_football)#List_of_clubs_that_have_entered_administration

  2. David D. says:

    Just to add to what Brendan wrote, administration is the rough British equivalent of chapter 11 here in the U.S. It is not at all uncommon for teams in the Football League to enter administration with some clubs do soing serially. To avoid abuse of the process, clubs entering administration are subject to mandatory point deductions.

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