Luftstalag14
Culé de Celestial Empire
100%.
All 3 are badly run clubs who have been left behind by the EPL clubs recently. But this is down to how they managed themselves. It's an inhouse mess they need to sort out. They just tried to do it with a quick easy shortcut. By a massive injection of capital via JP Morgan.
Theys should dig deep and suffer in the bad times like every club does. Don't get this frenzy with EPL clubs either. With all their money United is a joke for a decade. English clubs are known for going through prolonged bad times.
Actually the English clubs are not in much better position than these three clubs (for example Manchester United has massive debts too, so does Tottenham etc.), if they are better it is because they are owned by rich owners who can pump money into their respective clubs. Yes the English clubs are getting more TV/broadcast money than everybody else but in the last decade or so, both us and Real Madrid have been able to surpass the English clubs (and others for that matter) in total revenue regardless.
We absolutely should own up to our mistakes and put our finances in order, no question about it. Just wanted to point out many English clubs are also in a similar boat, financially.