News Formal

All Premier League & EFL clubs could be US-owned, says investment expert

  • 📰 BBCSport
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

All clubs in the Premier League and EFL could be owned by American investors in the next five to 10 years, says a football investment expert.

Ian WoodcockAll of the clubs in the Premier League and English Football League could be owned by American investors in the next five to 10 years, according to a football investment expert.

Sommerfeld said that the relatively low initial investment of between £10-15m to buy a League One or Two club, and the potential to greatly improve its standing, was a "sexy" proposition.

Former NFL defensive end JJ Watt is a minority owner at Burnley while legendary quarterback Tom Brady is similarly involved with League One side Birmingham City. Couhig said that he "enjoyed" owning the club but that, no matter how successful the team is, some fans will always question the motives of foreign investment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 111. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

All Premier League & EFL clubs could be US-owned, says investment expertAll clubs in the Premier League and EFL could be owned by American investors in the next five to 10 years, says a football investment expert.
Source: bbcemt - 🏆 120. / 51 Read more »