Showing posts with label Tottenham. Show all posts
Showing posts with label Tottenham. Show all posts

Wednesday, July 21, 2010

Steinbrenner buying Tottenham?

There are always perks to owning the highest valued team brand on the planet. One of them, of course, is the ability to buy pretty much anything you want. Now, leave it to the English rags to release a story like this only days after The Boss passed away, but it is nonetheless intriguing. The Daily Star reported on Sunday that the Steinbrenners have considered a bid of £450 million to buy Tottenham Hotspur. Hank supposedly turned down an approach by Tottenham some years ago to buy a 33% interest in the club for about £20 million.

You can take the story for what it's worth. English tabloids like the Daily Star are less believable than even the National Enquirer by some margin. But let's just remember that the precedent already exists for American ownership in the English Premiere League. Four of the biggest clubs in the country are owned by Americans - The Glazer Family owns Manchester United, Tom Hicks and George Gillett own Liverpool, Randy Lerner owns Aston Villa, and Stan Kroenke is very close to owning a majority stake in Arsenal. Everyone has mixed reviews but to be fair, Steinbrenner would be better than all of them combined.