Amid understandable concerns over the impact their approach may have on ticket prices, stadium naming-rights deals and the possible scrapping of promotion and relegation, do US owners deserve more credit? Since taking over Liverpool in 2010, Fenway Sports Group’s investment in players and infrastructure, financial management and approach to recruitment has helped restore the club … Read more
During the attempted launch of the European Super League (ESL) in 2021 three American Premier League club owners – Manchester United’s Joel Glazer, Liverpool’s John W Henry and Arsenal’s Stan Kroenke – formed part of the ill-fated organisation’s leadership group. Having sparked a crisis and been widely condemned by fans and other clubs, the breakaway … Read more
With most US investors in English football keeping a low profile and attending few matches, the motive seems to be financial rather than reputational. While former American owners of Sunderland and Aston Villa have lost significant amounts of money after getting involved in English football, others have been a lot more successful. Although they are … Read more
Known as the richest match in football, the Championship play-off final has always been a game of huge significance, with promotion to the Premier League on the line. But this year the stakes could be even higher. If Sheffield United beat Sunderland on Saturday at Wembley, the level of influence wielded by American investors in … Read more
Washington: Shares of Elon Musk’s electric vehicle company plunged on Thursday as investors grew concerned that a public feud with former President Donald Trump could damage Tesla’s prospects. Tesla stock closed down more than 14 percent after a political dispute over the US budget bill escalated. Musk had claimed that Trump would not have … Read more