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October 7, 2008
Premiere League Football Credit Crisis Logo-wear
Blackly amusing tidbit from a Bloomberg piece about credit troubles at U.K. football clubs:
The English Premier League has become a scoreboard for the global credit crisis. Newcastle players wear the logo of Northern Rock Plc, a U.K. mortgage-lender that was nationalized in February; West Ham lost XL Leisure Group Plc last month when the tour operator grounded all its flights because it ran out of money; and West Bromwich Albion was unable to land a shirt sponsor after being promoted from the second-tier championship.
More here.
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