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news topic: Other news FAQ previous story...
 Aussie investment? (update) by Jon
on 9/5/01 at 16:30
this is story 358 of 532 in this topic to date

Briefly, buried in a Sunday People summary, there's mention of Arsenal wanting to buy a controlling stake of Australian club Canberra Cosmos.

Australia is recognised as a new pool of reasonably priced talent, and other British clubs have already acted to place money and scouts in top clubs down under.

Thanks to several ArseWeb readers (David and Daniel in particular) who've written in to give us the benefit of their more up-to-date knowledge of football down under. It appears that the NSL (Aussie football league) is about to be reduced from 14 to 12 teams, with the 2 least viable clubs being axed. Guess who's one of those 2 teams?

Mind you, you can see why Canberra Cosmos might be looking for some help. Finishing in the bottom 3 in every year of their existence, about to be booted out of the league for being generally rubbish. We think they'd be better off talking to ENIC!

Ok, now Chris Barber writes to tell us that from what he's read in the Melbourne MX, this stuff about the league being reduced is a bit out of date and a recent decision looks to have saved Cosmos. So maybe there's more to it than we, err..., second thought.

Make your minds up, guys. :-)

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 in-topic context...
 Machine reads Arsenal fan's mind
16/5 at 10:31
 Goalkeeping advice from 'world's most controversial author'
15/5 at 14:45
 Arsenal visit Austria in August
15/5 at 10:38
 Wenger crosses his legs
14/5 at 14:38
 Arsenal playing Gus in Hong Kong!
9/5 at 20:22
 Aussie investment? (update)
9/5 at 16:30
 ManU jump on gold shirt bandwagon
4/5 at 10:50
 PFA honors three Gunners
1/5 at 10:09
 New Arsenal away kit
27/4 at 16:42
 Arsène's bumper pay deal
27/4 at 10:11
 PFA angry at security breach
25/4 at 10:34
 See below for entries around this date in other news topics, or here for latest.
 Squad news 5/5/01 at 19:00
 Transfers 9/5/01 at 20:36
 Tickets/fixtures 5/5/01 at 19:08
 UK TV/radio 25/4/01 at 10:55
 non-UK TV 12/3/01 at 08:52
 Stadium news 23/3/01 at 00:39
 Premiership news 8/5/01 at 23:26
 European news 17/4/01 at 21:39
 ArseWeb news 16/3/01 at 15:24
 Lads & Ladies 9/5/01 at 22:38
 FA Cup news 4/5/01 at 10:07
 News from France 8/5/01 at 13:05
 Internationals 7/5/01 at 13:07
 Old Boys 25/4/01 at 10:42
 League Cup 1/11/00 at 23:02
 Cybury Gooners 9/7/00 at 21:28
 Shopping news 11/7/01 at 16:18
 


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