Peterborough United have become adept at uncovering gems at lower levels and selling them on for a handsome profit under their director of football Barry Fry
A quick tot-up of reported transfer fees suggests that, over the past 10 years, Peterborough have made a profit of about £21m from player sales. Not bad for a League One club. But Barry Fry, the club’s director of football, bristles. “Nah, we’ve made about £50m.” That’s us told.
The idea of a Football League club developing talent then selling it on as a method of financial survival is not a new or novel one. But Peterborough have got it down to a fine art, managing to run things in a way others may want to but doing it much better.
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