Well, another transfer deadline day has passed and a breath taking £450.000.000 has changed hands, mainly amongst the Premier League teams. My 10 year old daughter summed up this madness asking when she saw the collosal figure whether the money was real and if it was paying for footballers and then she said that she thought the country was broke and why it couldn't be spent on getting new jobs and homes for people. If she gets it then why can't we.
Arsenal have finally joined the transfer merry go round and clubs like Manchester City who have acquired Middle Eastern owners who have more money than sense and who have splashed out millions with no expectation of a return on players whose wages range from £200.000 a week. Manchester United are spending whilst they have a debt of £700m and Chelsea are fortunate to count on the money of a Russian billionaire who acquired his wealth as a result of backing Boris Yeltsin in the coup of 1991.
Meanwhile clubs like Reading are expected to compete with this charade and are always under pressure to sell. Fans like myself are constantly complaining about John Madejski not putting his hand in his pocket and sign some top quality players. However, he does not want to pay this game of unsustainable spending and high wages. Is he wrong? As a proper businessman he is careful with his money and that of Reading FC. However frustrating this is for the loyal fan who wants to see us top of the league and signing top players. I might introduce Mr Madejski to my daughter if I see him walking round the stadium. I am sure he would like her view.
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