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American billionaires and investment firms now control teams across Europe. Their stewardship varies wildly in quality
It might have taken the USA generations to take soccer seriously as a sport, but the country’s reach across the English and European game continues to grow, particularly when it comes to club ownership. Indeed, American entrepreneurs, moguls and general wealth-hoarders are now commonplace in boardrooms across world soccer. No fewer than nine Premier League clubs are majority owned by Americans – and that’s without even mentioning clubs lower down the pyramid such as Birmingham City and Wrexham (although Canada could claim that one too). Across continental Europe, too, there is a current of American ownership gathering pace – Serie A has proved particularly attractive recently. Continue reading... More... |
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