Nov 29, 2013, 2:51 PM EDT
Over the past decade in the Premier League a huge influx of foreign owners has helped transform many of England’s biggest clubs.
Some purists argue that foreign owners don’t understand the ethos of certain teams and are not sensitive to the needs of the fans, others believe the endless millions that wealthy benefactors, who hail from outside the UK, pour into the teams and the country itself is of huge benefit to the English people.
One of the largest shareholders in Arsenal Football Club, Alisher Usmanov, is of the latter opinion.
Mr. Usmanov has a personal wealth of over $20 billion and has tried to increase his 30 percent stake in Arsenal only for American majority shareholder Stan Kroenke to brush him aside. However, with the growing band of foreign owners in the PL set to increase in the future, Usmanov believes it is benefiting the league.
“Everyone who has legal right to buy something can perform this right,” Usmanov told BBC Sport. “We have Kroenke, [Aston Villa's Randy] Lerner, many, many people and now many Asian owners. I think everyone is comfortable if the club are successful. If the club are not successful then, of course, everybody wants to find somebody guilty.”
Russian billionaire Roman Abramovich bought Chelsea in 2003 and that started a wave of foreign investment in the PL as American Malcolm Glazer took over at Manchester United, Sheikh Mansour from Abu Dhabi bought Manchester City, Aston Villa were bought by American Randy Lerner and now the list goes on and on.
Usmanov wants that to continue and doesn’t think it’s doing anybody any harm as more money floods in from overseas.
“I’m sure it is good [for English football],” Usmanov said. “When investors come and invest in the economy, in British football, it is a big part of the entertainment economy in the United Kingdom. What’s bad?”
As it stands ten (Manchester United, Manchester City, Liverpool, Arsenal, Aston Villa, Sunderland, Southampton, Cardiff City, Chelsea and Fulham) of the PL’s 20 teams are owned by non-British companies or individuals. Many fans of those clubs have claimed struggles with their identity as new owners try new ideas, re-brand the team in different ways and try to make their new ‘business’ as profitable as possible.
But can fans really complain about changes in color or traditions? After all, these wealthy individuals are allowing the side they support to thrive and compete in the most lucrative and most watched league in the world.
Something has to give and ultimately, money talks.
Whether that’s with finances from England or finances from foreign countries, the Premier League clubs involved are benefiting tremendously.
As Usmanov said, ‘What’s bad about that?’
Mar 10, 2014, 10:32 PM EDT
There’s also a freshness under Mastroeni, who oozes the respectability that comes from a distinguished career.
Mar 10, 2014, 9:54 PM EDT
The Black Cats have played three less matches than the Bluebirds and two less than the Baggies. A win over Palace would land them even with the Eagles.
Mar 10, 2014, 9:21 PM EDT
“What I said to the players is ‘get it out of your head. Go home, reflect a little bit and I will do my best to come up with something better.’”
Mar 10, 2014, 8:44 PM EDT
It wasn’t a pretty night to be in Turkey, as violent fans at Trabzonspor forced the abandonment of a match with rivals Fenerbahce on Monday night.
Mar 10, 2014, 8:03 PM EDT
What to do with the goal-scoring 34-year-old Scot who’s out of contract in June?
Mar 10, 2014, 7:25 PM EDT
“Kevin made a huge contribution to our qualification for the World Cup, he never let us down and now his dreams have died,” said Holland manager Louis van Gaal.
Mar 10, 2014, 6:42 PM EDT
Like Manuel Pellegrini and his distaste for a certain Swedish official, Wenger is also critical of UEFA slotting in a referee from a non-footballing power.
Mar 10, 2014, 5:58 PM EDT
MLS has become a decent destination for goalkeepers, with top internationals for Peru, Brazil and Panama plying their trades in the United States this season.
Mar 10, 2014, 5:25 PM EDT
Djalo, 27, hasn’t found his footing in Lisbon, playing in just three matches since then and spending parts of 2012 and 2013 on loan at Toulouse in Ligue 1, where he appeared 17 times.
Mar 10, 2014, 4:45 PM EDT
Arsenal has been handed a boost for their massive Tuesday task of reversing Bayern Munich’s 2-0 advantage in the UEFA Champions League’s Round of 16.
Mar 10, 2014, 4:00 PM EDT
“It’s like playing 1 1/2, 1 3/4 games in terms of damage to your body,” said Ryan Nelsen.
Mar 10, 2014, 3:25 PM EDT
That is not a lousy public high-five for a player, now, is it?
Mar 10, 2014, 2:53 PM EDT
Timbers skipper staying put, as owner Paulson takes to Twitter to rejoice:
Mar 10, 2014, 2:46 PM EDT
Five teams dominate selections, find out if your favorites were rewarded:
Mar 10, 2014, 2:32 PM EDT
Barcelona have lost two of their last three La Liga matches, can City inflict more UCL heartache on the Catalan club?
Mar 10, 2014, 1:55 PM EDT
Reds are in the red… but Champions League soccer could solve that and increase the club’s financial footing:
Mar 10, 2014, 1:05 PM EDT
After Shea apparently ‘flipped the bird’ Barnsley end his loan deal from Stoke early:
Mar 10, 2014, 12:55 PM EDT
USWNT lost two straight games, winless in three for the first time in 13 years:
Mar 10, 2014, 12:45 PM EDT
Find out why the FA has reprimanded a Newcastle player for breaching betting rules, as some PL players continue to break rules:
Mar 10, 2014, 11:52 AM EDT
See who dazzled and shone above the rest during Week 29:
- Third time’s the harm: Fan violence forces abandonment of Trabzonspor’s match with Fenerbahce 1
- If you had Pepe Reina in your “European star rumored for MLS” pool today, you win! 0
- US women lose second straight for first time since 2001 after ugly 5-3 defeat to Denmark 4
- Premier League Playback: Fifth place finish for Man United? Superstar Shaw, Arsenal’s big chance 0
- Bayern Munich star Toni Kroos fails to rule out Manchester United move 6
- Manchester United set to bid $50 million for Southampton’s star duo 0
- TV Ratings for MLS Season Opener Increase 283% in 1 Year
- Liga MX Radar: Michael Arroyo Scores a Quad
- Sounders FC Monday Morning Breakdown
- Maidana Stars in Impressive Philly Newbie Trio
- Barnsley Send Brek Shea Back to Stoke after Fight with Fan
- Yanks in Mexico: Torres Scores in Tigres Win, Garza Gives Solid Display
- Julio Cesar Put his Semester in Toronto at Risk
- Getafe Fire Luis Garcia, Hire Cosmin Contra as New Manager
- Former Sounders Teammates Rosales and Hurtado Faced off in LA
- The Clock is Ticking for Tim Sherwood at Spurs