The Premier League has long attracted players from around the world. Now it's foreigner owners who seem to be taking over English soccer.
Eight of the 20 topflight clubs are currently owned by foreign investors and others could be ready to follow suit -- with Birmingham in negotiations to sell outside Britain, and Arsenal reported to be a US takeover target.
The phenomenon has grown over the past year, with six clubs changing ownership in the richest and most-watched league in the world.
"I am sure that there are people who wish every player was English and every owner was a local businessman made good who supported the club as a boy," Premier League chief executive Richard Scudamore said earlier this year. "Clearly it is not where we are at and we cannot go back there. It is not about who the owners are. It is about how they perform and how they behave."
Fulham started the trend in May 1997 -- when it was in the third tier of English soccer, and before it was promoted to the Premier League in 2001 -- by selling to Egyptian businessman Mohamed Al Fayed, owner of Harrods.
But it was Russian oil tycoon Roman Abramovich who made the first major impact when he bought Chelsea in 2003, wiping out its sizeable debt and transforming the traditional underachieving Blues into two-time Premier League champions.
Manchester United followed suit in 2005 when US businessman and Tampa Bay Buccaneers owner Malcolm Glazer snapped up the Old Trafford club for ?790.3 million (then US$1.47 billion).
Last year, Aston Villa came under control of US businessman Randy Lerner, who owns the NFL's Cleveland Browns, in a ?62.6 million (then US$118.8 million) deal. West Ham United was bought by an Icelandic consortium led by Eggert Magnusson and Russia's Alexandre Gaydamak took over Portsmouth.
In March, George Gillett Jr. and Tom Hicks completed a ?218.9 million (US$431 million) takeover of Liverpool. They bankrolled the purchase of five new players this offseason as well as a new 60,000 seat stadium worth ?300 million.
Last month, former Thai prime minister Thaksin Shinawatra gained control of Manchester City with an ?81.6 million takeover and installed former England coach Sven-Goran Eriksson as manager. Eriksson, a Swede, promptly went out and bought eight players, all foreigners.
The Premier League has welcomed the influx of foreign money, and is proud that the league is seen as an attractive investment.
Interest worldwide in the Premier League led to a three-year international broadcasting deal worth ?2.7 billion which kicks in this season and has already contributed to increased transfer prices.
England is unusual in welcoming foreign ownerships. No clubs in Germany are owned by foreigners, nor in Spain or Italy, where club presidents usually hail from the team's region. Juventus has 7.5 percent of its stock owned by a Libyan company.
In France, only Paris Saint-Germain has any foreign stake, with 66 percent owned by US banks Morgan Stanley and Colony Capital.
Scudamore said foreign owners brought a new professionalism to the Premier League.
"I don't see any evidence that they have ripped up the old traditions or that they are riding roughshod over the rule book," he said.
However, the Premier League has had to defend its newest owner. Thaksin lives in self-imposed exile in London after being ousted in a Thai military coup last September.
He has denied allegations of extrajudicial killings during his time in office, and faces a series of corruption charges relating to his five years in power. He made his money in telecommunications, but has billions of assets frozen in Thailand.
The US-based Human Rights Watch was unhappy that Thaksin passed the Premier League's "fit and proper persons" test, which can be used to decide on suitable directors and owners of clubs.
The Premier League said its ownership rules went "above and beyond any requirement by UK company law and are, to our knowledge, some of the sternest in place in any UK industry."
US track and field athletes have about four dozen pieces to choose from when assembling their uniforms at the Olympics. The one grabbing the most attention is a high-cut leotard that barely covers the bikini line and has triggered debate between those who think it is sexist and others who say they do not need the Internet to make sure they have good uniforms. Among those critical or laughing at the uniforms included Paralympian Femita Ayanbeku, sprinter Britton Wilson and even athletes from other countries such as Britain’s Abigail Irozuru, who wrote on social media: “Was ANY female athlete consulted in
Four-time NBA all-star DeMarcus Cousins arrived in Taiwan with his family early yesterday to finish his renewed contract with the Taiwan Beer Leopards in the T1 League. Cousins initially played a four-game contract with the Leopards in January. On March 18, the Taoyuan-based team announced that Cousins had renewed his contract. “Hi what’s up Leopard fans, I’m back. I’m excited to be back and can’t wait to join the team,” Cousins said in a video posted on the Leopard’s Facebook page. “Most of all, can’t wait to see you guys, the fans, next weekend. So make sure you come out and support the Beer
Former US Masters champion Zach Johnson was left embarrassed after a foul-mouthed response to ironic cheers from spectators after a triple bogey at Augusta National on Friday. Johnson, the 2007 Masters winner, missed the cut after his three-over-par round of 75 left him on seven-over 151 for 36 holes, his six on the par-three 12th playing a big role in his downfall. Television footage showed Johnson reacting to sarcastic cheers and applause when he tapped in for the triple bogey by yelling: “Oh fuck off.” Such a response would be considered bad form in any golf tournament, but is particularly out of keeping
The sacred flame for the Paris Olympics was lit yesterday in Olympia, Greece, the birthplace of the ancient Games, in a ceremony inspired by antiquity and marked by messages of hope amid multiple global crises. “In ancient times, the Olympic Games brought together the Greek city states, even — and in particular — during times of war and conflict,” International Olympic Committee president Thomas Bach said. “Today, the Olympic Games are the only event that brings the entire world together in peaceful competition. Then as now, the Olympic athletes are sending this powerful message — yes, it is possible to compete fiercely