Nov 29, 2013, 2:51 PM EST
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?’
Inside Look: Not much separating Red Bulls, Revolution ahead of Eastern Conference Championship, leg 1
Nov 21, 2014, 11:45 PM EST
You could try to use the Red Bulls’ 2014 season to make inferences about what will happen Sunday against the Revs, but it’d be a huge waste of your time.
Nov 21, 2014, 10:30 PM EST
Go ahead and try to be as good as Robbie Keane. Give it your best shot. Good luck, you’re going to need it.
Nov 21, 2014, 9:20 PM EST
Zinedine Zidane can return to coaching after his nonsensical coaching suspension was lifted on Friday. Perhaps “qualified” needs redefining.
VIDEO: Louis van Gaal calls Wayne Rooney “not a typical striker,” praises versatility ahead of Arsenal showdown
Nov 21, 2014, 9:00 PM EST
Louis van Gaal has called Wayne Rooney “not a typical striker,” but a “fantastic player” nonetheless before Arsenal showdown.
Nov 21, 2014, 8:30 PM EST
Where and how to watch every single PL game in Week 12.
Nov 21, 2014, 8:15 PM EST
It’s tempting to look ahead and crown the LA Galaxy MLS Cup champions already. A word of warning: Don’t do it at the Sounders’ expense.
MLS Cup Playoffs Preview: Red Bulls vs. Revolution, Galaxy vs. Sounders in Conference Championship first legs
Nov 21, 2014, 6:15 PM EST
The 2014 season is nearly finished, as the MLS Cup Playoffs resume this weekend. A few facts and stats to excite ahead of Sunday’s action.
Nov 21, 2014, 4:45 PM EST
Dear haters: Jermaine hears you, is not bothered by you and still loves you. Look out, Red Bulls.
Nov 21, 2014, 3:10 PM EST
The English-born coach has had big success in Orlando since the club began play in 2011, winning the regular season title in three of four seasons.
Nov 21, 2014, 2:20 PM EST
Whitecaps FC 2 will compete in metro Vancouver at Thunderbird Stadium inside of the University of British Columbia.
Nov 21, 2014, 1:35 PM EST
The quota request comes after the BBC conducted a “State of the Game” survey that dug into the international representation in the Premier League.
Nov 21, 2014, 12:50 PM EST
Can the Baggies improve on last year’s point at Stamford Bridge?
Nov 21, 2014, 12:00 PM EST
I’m a fan of Batman, but seems to me “The Dark Knight” should consider rocking Valencia’s bat rather than his own. Looks slick.
Nov 21, 2014, 11:45 AM EST
Here’s how PST’s lead writer and editor sees things panning out this weekend.
Nov 21, 2014, 11:05 AM EST
So to the MLS players, coaches and “media members who regularly covered the league”, sit back and enjoy your biggest screw-ups.
Nov 21, 2014, 10:14 AM EST
Welbeck is used to being on the side of the favorites in this matchup, as Manchester United has dominated the series in recent years.
Nov 21, 2014, 9:25 AM EST
Danny Welbeck’s first Premier League game against his former team is just one subplot as the Gunners host the Red Devils.
Nov 21, 2014, 8:41 AM EST
All Americans plying their trade in the Premier League have a decent look at points, while two in the Championship will opening things up with Friday matches.
Nov 21, 2014, 7:49 AM EST
Paris Saint-Germain has claimed the last two Trophées with wins over Bordeaux and Guingamp, but this year’s table is clustered.
Nov 21, 2014, 12:17 AM EST
Swansea manager Garry Monk is hoping for the best as the Swans journey to play Manchester City at the Etihad this weekend.
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