Top football journalist David Conn considers why American investors are interested in the EPL as the Barclays Premier League is known in the States, despite the fact that soccer is not a top sport there.
Seven Premiership clubs have American investors with Everton likely to join them. The main attraction is to make money on the increasing capital value of the clubs, something that has worked well for the Glazers at Manchester United.
Top football journalist David Conn considers why American investors are interested in the EPL as the Barclays Premier League is known in the States, despite the fact that soccer is not a top sport there.
Seven Premiership clubs have American investors with Everton likely to join them. The main attraction is to make money on the increasing capital value of the clubs, something that has worked well for the Glazers at Manchester United.
The new television deal and firmer cost control have boosted interest. One might add the strength of the American economy which at the moment seems to be the most resilient in the world with what looks like a good and sustainable growth rate despite the trubulations of the oil sector. The main deterrent to investment is the threat of relegation, something unknown to US sports franchises.