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How many of you are familiar with the concept of relegation? In sport we see it most notably in international club soccer, where the bottom teams in a league are sent down to a lower division and the top performers in that lower division rise up to play in the higher tier. Obviously, there are financial implications and clubs that are built on one set of economic premises based on playing in a top league often suffer severe hardships when they are relegated.
What got me thinking about this was a note from my buddy Oz about River Plate‘s relegation in Argentine football. One of the oldest clubs in the world, this is the first time they’ve been out of the top division since…well…never. This is the first time. So what does this have to do with you? Continue reading
Consult Keith 