A reader* wrote in with the suggestion that I post something about the U.S. government's takeover of AIG, since AIG sponsors Manchester United. I originally didn't want to because I don't really understand the whole AIG/giant economic meltdown. But Kevin Drum doesn't understand soccer and still posted on it, so I suppose I will write something. Here it is:
HA HA HA HA HA.
A lot of Manchester United fans were actually boycotting their club after it was bought by an American, Malcolm Glazer (owner of the Tampa Bay Buccaneers and from Rochester NY!). Fans didn't only boycott because Glazer's an American, but also because he's (supposedly) a soulless businessman and bought Man Utd by giving them $850 million in debt (via financial hijinks that I also don't understand). Perhaps the debt argument stands, but these Manchester United fans weren't protesting in 1991 back when Man Utd was put on the market and thus became "for sale", only when it was bought by an American. However, now not only is their club owned by an American, but their jersey sponsor is owned by the United States government! Suckers.
*I won't lie, it was my mom, but my blog sounds more important if I pretend people read it who aren't obligated to.
Read More...
Summary only...