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When the Owner Isn’t the (Only) Problem

Related Topics: Michael Eisner

Wealthy owners are an easy target for fans who want to vent their anger over failing teams. But money isn’t a solution when there is no plan.

The sign was at Everton. The sentiment is a universal complaint.Credit...Jason Cairnduff/Action Images, via Reuters

Michael Eisner has not, by the standards of English soccer, been a bad owner. He has not burdened Portsmouth, the third-tier club he and his sons bought almost six years ago, with colossal, asphyxiating debt. He has not sold off its historic stadium to build apartments.