Wednesday, June 17, 2009

ITS A MAD, MAD WORLD

"Such is the lack of work that the £80 million transfer of Cristiano Ronaldo ranks as 31st in the league table for UK mergers and acquisitions this year by Thomson Reuters. I wonder about such deals: it's a bit like when you read that some idiot has paid £10,000 for an exotic goldfish - you think, what if it dies? I am told that footballers such as Ronaldo are insured. But if they suddenly hit a run of bad play? There must be some temptation to arrange an "accident" for the insurance money, surely?" (City Diary by Martin Walker, Times, 16 June) RD

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