
“The trickle-down effect of football TV money and good housekeeping forced by the Football League and Revenue & Customs has all but eliminated business distress in English football,” said Gerald Krasner, a Begbies Traynor partner, who was formerly chairman of Leeds United during a period of near insolvency.
Read more here
http://www.theguardian.com/football/2016/apr/04/football-league-clubs-financial-health-checkup?CMP=share_btn_tw
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