Boardroom lessons for the dugout

Link to the article: BBC News

Major sports such as football, cricket, rugby, Formula 1, and many others are now recognised as being part of a multimillion pound global industry, with extensive budgets, media exposure, and customer bases.

However, despite the outward trappings of a FTSE or Dow-listed bluechip company many sports clubs, particularly in football, do not operate along traditional business lines.

Many still operate with a "fan-turned-chairman" ethos, or, at the other extreme, they are destabilised by a sudden influx of cash and become a billionaire's trophy asset.

All of which makes the jobs of both managing the team from the touchline and managing the business from the boardroom increasingly difficult.

To try to address some of these problems top business leaders and major figures in football management met at Arsenal's Emirates Stadium for the League Managers' Association (LMA) annual meeting.