June 11, 2009

Highly Priced Soccer Update

US Government sponsored had an excellent run this year, winning the English Premier League, but coming up short in the Champions League final against Barcelona (Barca! Barca!) Alas, our sponsorship of Man U is coming to an end, as insurance company Aon has signed to be the new kit (uniform) sponsor to replaced the bailed out AIG.

But Man U will not be hurting for money, cause they just sold Cristiano Ronaldo. One of the more interesting aspects of soccer in the rest of the world is transfer fees. Instead of the American sports system, where players are always traded for other players, in soccer teams pay cash money. Man U is getting $131 million, a new record, for Ronaldo, which they will take and spend on other players. And you though the Yankees were bad.

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