English Football - The Chances of a Premiership Club Going Out of Business

As the United Kingdom limps along after the recession, many of our football clubs are rumoured to have serious financial problems. In the past, it was always the smaller clubs in the lower divisions that faced going to the wall. That is not the case today because some world famous clubs have gotten themselves and their finances in to a real mess. Some of the expenditure is downright reckless and that is being kind.
There are plenty of English football fans wondering whether we could actually lose one of our clubs. The chances of a premiership club going out of business are very slim if you think about it logically. Cast your mind back to the recent banking crisis and the extra funds given to banks that the taxpayer was not told about. It is safe to assume similar rescue packages would be put together to rescue a football club if it came to that.
The scaremongers enjoy telling us that our domestic game is doomed. However