RICH PICKINGS: A league of their own

Soccer is the latest billionaire's plaything, with some of the world's richest snapping up some of the world's most valuable football clubs. But will too many millions spoil the sport?

While the bulk of the world’s most valuable sporting clubs are located in England, Australia’s fledgling A-League soccer competition – just three years old – has quickly become a rich man’s playground.

Mining baron Tony Sage owns a large slice of Perth Glory, investor Geoff Lord holds a big stake in Melbourne Victory and billionaire Frank Lowy owns a stake in Sydney FC. Lowy is also chairman of the Football Federation of Australia.

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