All of major Premier League clubs in England are owned by foreign billionaires. Examples include Russian Roman Abramovich at Chelsea, John W. Henry (Fenway Sports Group) at Liverpool or Sheikh Mansour at Manchester City.
As most already know, the Americans Stan Kroenke and the Glazer family own the majority of shares at Arsenal (almost two-thirds) and Manchester United (over 90%) respectively.
Both of the latter two families have NFL interests in their homeland, with Kroenke owning the St. Louis Rams and the Glazers owning the Tampa Bay Buccaneers. Both franchises have big news which may send shock waves back to England.
Starting with the Rams – the team from Missouri have sent in a bid to the currently franchise-less Los Angeles, according to ESPN. Competing with two Californian clubs Oakland Raiders and San Diego Chargers, whoever successfully wins the bid will have to fork over over $500 million as an NFL fee for relocating a team.
For argument’s sake, if the fee is $600 million to relocate, then that would accumulate to more than one-third of the total net-worth of all three teams (Rams $1.45 billion, Raiders $1.43 billion, Chargers $1.525 billion).
The advantage must go to the majority Arsenal owner, who ironically took over with overlying costs from the club’s move from Highbury to the Emirates Stadium. Kroenke is the second wealthiest owner in the NFL with a net worth of $7.6 billion, according to Forbes and this wealth must make him the front-runner in the bid.
The Rams feel that their bid for a team in L.A. is the best one, but one could imagine this substantial investment from Arsenal’s main man may have the coffers at the North London club running dry if the bid were to be successful.
With Arsene Wenger’s long-term future at the club throwing up question marks, the news stateside may come as a watershed moment for the Gunners.
Moving onto the Bucs – the franchise has just let go of their head coach Lovie Smith following a 6-10 season. This news may come as positive for the anti-LVG campaign at Manchester United, but this 6-10 follows Smith’s first season in charge at 2-14 (league-lowest) where he took over a horrible roster.
On a more negative front, sources coming out of Fox Sports suggest that it wasn’t Smith’s second losing season which drew the line, it was his refusal to shuffle and change his coaching staff at the advise of General Manager Jason Licht and co-chairman Joel Glazer.
So what does this mean for Manchester United fans? The Glazers are willing to be, at this current time, patient with their manager but expect a certain degree of loyalty if the form isn’t at where they expect it to be.
The anti-LVG brigade have suffered another blow after Van Gaal’s side have picked up four points in their last two games, with the last game against Swansea finally seeing captain Wayne Rooney on the score sheet.
Brein McGinn, Pundit Arena
Read More About: america, Arsenal, arsenal news, bpl, Buccaneers, Bucs, England, Glazer, Kroenke, LA, Manchester United, manchester united news, NFL, Ownership, Premier League, Rams, ST LOUIS, Tampa Bay, Top Story