Wednesday, January 02, 2008

26,000 Fans Manage a Soccer Team

The WSJ had an interesting article today discussing an innovative approach to managing soccer teams: let the fans do it. 26,000 people came together on to takeover Ebbsfleet United by each pledging $70.50.


At 8:22 PM, Anonymous Alex said...

Auction? What "auction process"?
It's a normal purchase of a team.

OK, not entirely normal - one corporation (aka Those Who Created The Website) is using the money raised by a second corporation (aka The Fans With Nothing Better To Do With 35 English Pounds) to acquire the team, and the two corporations have different future duties.

But there ain't no auctions.

At 8:26 PM, Blogger Chicago2008 said...

Thanks alex. The post has been edited to reflect that it wasn't an auction.


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