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Blackpool’s Karl Oyston shows British soccer club owners how to run a business
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Scattered amongst the news articles this week in the soccer world were two disturbing stories of
financial failure involving top clubs in both England and Scotland. Sadly, fans of Rangers and
Portsmouth awoke to the news that their clubs had entered "administration" due to overwhelming
financial debts which, according to the rules of their respective Leagues, means that both teams
receive a 10-point deduction for the current season.