Canaryboy
Well-Known Member
Similar with Mike Ashley actually wasn't it.
He made them debt free, but renamed the stadium the Sports Direct arena and a lot of his merchandise deals are probably tie-ins with his company. E.g. Puma kit production probably tied in with a favourable supply deal for his shops.
People don't succeed in business by becoming good at wasting money. They may be speculative, but football isn't a good bet.
Then there are other arguments. You can get really rich, then really old, and decide "well I can't take it with me" and start giving back to your community or the wider world. Watched a documentary the other day about a man who made $8 billion and gave the whole lot away, secretly, is now 86 and penniless.
Those people do exist, but does throwing money at slimy football agents and greedy footballers really qualify as philanthropy? Going to earn so much more respect by spending £1 billion on malaria nets or providing clean water purifiers to the third world, or setting up a grant system for impoverished students to help them fund education, that's real philanthropy. I'm not sure giving money to people like Jamie O'Hara and Joey Barton is.
We wouldn't even get an offer from a gambling mogul like Coates who wants to name Carrow Road the 'Bet whatever stadium' until Jeremy Corbyn has gone away, seeing as he wants to ban gambling advertisement in football.
He made them debt free, but renamed the stadium the Sports Direct arena and a lot of his merchandise deals are probably tie-ins with his company. E.g. Puma kit production probably tied in with a favourable supply deal for his shops.
People don't succeed in business by becoming good at wasting money. They may be speculative, but football isn't a good bet.
Then there are other arguments. You can get really rich, then really old, and decide "well I can't take it with me" and start giving back to your community or the wider world. Watched a documentary the other day about a man who made $8 billion and gave the whole lot away, secretly, is now 86 and penniless.
Those people do exist, but does throwing money at slimy football agents and greedy footballers really qualify as philanthropy? Going to earn so much more respect by spending £1 billion on malaria nets or providing clean water purifiers to the third world, or setting up a grant system for impoverished students to help them fund education, that's real philanthropy. I'm not sure giving money to people like Jamie O'Hara and Joey Barton is.
We wouldn't even get an offer from a gambling mogul like Coates who wants to name Carrow Road the 'Bet whatever stadium' until Jeremy Corbyn has gone away, seeing as he wants to ban gambling advertisement in football.
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