Half of Premiership to be in US hands?

28 Apr 2008

By: Sport Industry Group

As Arsenal prepare to fight off a takeover bid from US tycoon Stan Kroenke, a host of other Premiership clubs are set to fall in to the hands of American business.

The burgeoning value of domestic and overseas media rights for English football has caught the eyes of international investors, with clubs such as Newcastle, Fulham, Reading and Manchester City set to join Liverpool, Aston Villa and Manchester United as coming under pressure from American based investors.

There was further speculation over the weekend about the future of Arsenal as billionaire Stan Kroenke called in JP Morgan to advise on a possible £650million takeover.