Wednesday, February 07, 2007

Liverpool


Alright two more American owners come into the Premiership and purchase another legendary squad. Since I am such a Football virgin I do have some questions for those in the know.

Has the increase in transfer payments and the overall cost associated with the sport pushed away local ownership? If so, why do foreign sport magnets jump all over the purchase of such clubs?

The one conclusion that I have had about the above is this; the local share holders might be watching a stag nit growth of their clubs while looking overseas at the American ownership grow with their respective sports. The local fans watch the increase in salaries of the North American athlete and also see the growth that the local ownership is willing to take to please the fan and also increase revenue for themselves. The owner is building better multi purpose venues that are more fan friendly. Listen Glazer has yet to kill the Devils over the year.

I could go on but I am more curious to read what you think?

2 Comments:

At 7:59 AM, Blogger Giovanna said...

i think its funny that north americans invest in a game that their own people don't worship...but then again, its not about the game, its about the business of money.

just like anything else, there are pros and there are cons.

PROS
someone got a lot of money for the sale, and lets face it, we'd probably all take a ridiculous deal like that, especially since (if you really love the game)you can start over with another team.

the team benefits because they can afford to buy more players, and they get a new pitch to play on. players can get paid more

CONS
the game was sold for money

the team can go the way of real madrid or chelsea. a team of stars sitting on the bench, and ego & hero complexes getting in the way of the game

anyone else want to throw a few more out there?

 
At 11:32 AM, Blogger bananas said...

i'm not sure that the increase in north american athlete salaries has any bearing, especially considering the fact that only baseball remains without a salary cap.

all of us who write here are soccer (football) fans. i'm not sure what other sports y'all follow, but i am also an nfl fan and a baseball fan (jaguars and royals are my teams respectively), and i was formerly a devoted hockey fan (oilers). it is possible with these two jokers -- more than glazer who didn't seem to have a clue about man utd -- that one or both of them are football fans.

but, anyway, giovanna is right: it all comes down to business. the richest sporting teams in the world are real madrid and man utd -- it is the only sport with worldwide appeal, and whether people like it or not the mls is growing.

i was listening to the fan 960 and heard that for the first time ever mls had more viewers in the u.s. than hockey. that's huge. and it makes investing in classicly powerful english teams a good investment, particulary if one has plans to expand in the u.s.. i've no doubt that glazer will eventually open a man utd farm club, it looks like arsenal opened theirs today in colorado, and chivas guadalajara already opened theirs in l.a..

as an american who loves owning sports teams, a european football club is the best of investments, far better than owning the montreal canadiens or the texas rangers. you can sell kits and scarves and other gear everywhere. with hockey and baseball you are limited to north / central america and japan with the former, and north america and northern/eastern europe.

 

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