Following American entrepreneur Stan Kroenke’s takeover of Arsenal on Monday, half of the current Premier League teams are now majority owned by foreign investors.
Mr Kroenke becomes the fifth American investor to own an English Premier League club, following in the footsteps of Malcolm Glazer (Manchester United), Randy Lerner (Aston Villa), Ellis Short (Sunderland) and John Henry (Liverpool).
The other 5 foreign owners in the Premier League are Mohamed Al-Fayed (Fulham), Roman Abramovich (Chelsea), Mansour bin Zayed Al Nahyan (Manchester City), Carson Yeung (Birmingham City) and Venky’s (Blackburn Rovers).
Both Mr Abramovich and Sheikh Mansour have had the biggest impacts on their teams by the investments of millions, while Liverpool’s latest American owners showed promise in January. Mohamed Al-Fayed spent money bringing Fulham up through the divisions but has spent little in comparison to their rivals in recent seasons.
In terms of British owners, West Ham’s David Gold and David Sullivan spent money in January as they looked to improve their squad for the relegation fight they’re still very much involved in as the season draws to an end. Their side currently lies in the relegation zone, only above Wolves and Wigan whom are both British-owned also. In fact, the current bottom 4 are.
The most successful British owners so far this season are Tottenham’s Joe Lewis who’s side currently sit in 5th position and are finally being eliminated from their debut season in the Champions League, at the quarter final stage. Bill Kenwright’s Everton are 7th, followed by Eddie Davies’ Bolton Wanderers.
The question is, would you rather your team be owned by a local businessman with passion for the club, or a foreign businessman, not necessarily a sugar daddy? Do you even care who owns your team?