If you don’t follow world futbol, something huge happened this weekend. The biggest club in Argentina ( and an solid, overall world club ) River Plate, was relegated to a lower division for the first time in its 110 year history. This is huge news and would be like the Yankees moving down to AAA next season. Why the fall?
Since its last championship in 2008, River has tried to reinvent itself from scratch after every setback, churning through two club presidents, six different coaches and 64 different players. Its management’s desire for a quick fix and need to service its $19m in debt has caused it to sell off young talent prematurely and place too much faith in washed-up, overpaid veterans.