Freedom coming to South London
The Ricketts are no joke and know how to run a profitable club
Except the Rickett's are a joke and don't want to run an unprofitable club. They're no joke as businessmen. They are kind of a joke as a sports team owner if your goal as a fan is for an owner who will spend cash on the team without seeing a significant return. The Ricketts absolutely see this as an opportunity to cash in on the EPL moneytrain.
The Rickett's baseball team the Chicago Cubs overspent in the first five years of the Ricketts for one reason: tax purposes. There are tax benefits to spending on the club in your first five years of ownership. The Mets owner is doing the same thing. In the meantime, the Ricketts bought all the land around the Cubs stadium (Wrigley, a decrepit hole in the wall shithole) and are trying to push to get it all updated with restaurants and bars and such. The club immediately cut payroll and has been in a tight rebuild mode now for about a year.
Rickett's ownership group will be more Glazers than anything. Leverage the club for debt. For goodness sake, the Rickett's already have done that with other assets.
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Which is funny because the whole point of Saudi princes is that everything is not directly tied to the royal family and government. That's literally the whole point.