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Episode details

World Service,16 Feb 2010,18 mins

Football Clubs On the Brink

Business Daily

Available for over a year

Soccer is a multi-billion dollar business, fuelled by the passion and the money of fans. But concern about insolvencies has been growing. The English Premier League is one of the richest sporting series in the world. Yet English football is riddled with clubs which seem to be permanently on the brink of bankruptcy. This week Portsmouth Football Club, a member of the Premier League, is fighting for its survival in court. The BBC's Theo Leggett reports on where all the riches go - on transfer fees and players' wages. Plus Dan Roam, author of 'The Back of the Napkin', explains how sketching out business ideas in picture form can sell ideas. And the BBC's Chris Hogg reports on the entrepreneurial hotbed of Wenzhou in China.

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