Tuesday, February 27, 2007

Liverpool Takeover

In recent news one of the most heritage driven clubs in English Premiere Football was just bought by two Americas, Tom Hicks and George Gillett. "Gillett owns the Montreal Canadiens, while Tom Hicks also has an NHL franchise, the Dallas Stars, as well as the Texas Rangers baseball team." This is a growing tend for foreigners buying big time clubs in Europe. Even though there has been uproar that the foreigners will destroy the heritage, most fans seem to think that this is a good thing because the foreign owners seem to keep a hands off approach to the team. "The deal has drawn comparisons with Malcolm Glazer's acquisition of the most storied club in England, Manchester United. This will eventually turn out to be a good trend for sports not only for the English Premiere League, but for soccer in the U.S., because it is going to mean that more and more teams owned by American investor are going to travel to the U.S. to promote football (soccer).

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