"Football got rich on the back of the 96," he said, referring to the grants of public money paid to clubs to improve their grounds. "The safe stadiums were built as a direct result of the recommendation of the Taylor Report. Football became a popular sport ... Sky TV stepped in and suddenly football became lucrative. Premiership clubs became a very attractive proposition for overseas investors. At their peril," he concluded, "do those overseas investors forget the heavy price that we paid."
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