Sports hit by bad Financial situation

sinikettu · Post by **sinikettu** » Wed Oct 08, 2008 11:07 am

There has been a lot of Icelandic investment into UK Football and now it looks like this investment is being pulled out as Icleands bank crash.

http://news.bbc.co.uk/sport2/hi/footbal ... 657956.stm

Sponsors are also re-thinking about the cost of F1 and several teams could have to withdraw.
Max Mosely says that unless some other sources of finanace are found Formula One was unsustainable.

http://news.bbc.co.uk/sport2/hi/motorsp ... 657298.stm

F1 chiefs agree with him.
http://news.bbc.co.uk/sport2/hi/motorsp ... 639337.stm

**Sponsor:**

TampereOwl · Post by **TampereOwl** » Wed Oct 08, 2008 12:27 pm

Glitnir sponsor TPS and HJK, too.

raamv · Post by **raamv** » Wed Oct 08, 2008 12:41 pm

Canada is already out of Formula1 as a venue..now

TampereOwl · Post by **TampereOwl** » Wed Oct 08, 2008 12:54 pm

I can't think of a more pointless 'sport' than Formula 1. If this crisis takes down TPS, HJK and Formula 1, it will have to cause a @#$% of a lot of misery and hardship to be judged a bad thing in the TampereOwl household.

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