Capitalism in European soccer compared to American sports
On June 26, Cristiano Ronaldo completed a $132 million transfer from Manchester United to Real Madrid. In strict business terms, Real Madrid bought an asset from another business in hopes of improving its own product. No government, federation or league was going to stand in the way of what Real Madrid thought was a smart business decision.
Intelligent Soccer @ Jul 15, 2009 7:48 PM EST | Blog Profile
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