Friday, 16 April 2010

Yankey Doodle Dandy

Well it is official, George “the worst a club can get" Gillette, and Tom “rhymes with dicks” Hicks are actively seeking to sell Liverpool FC. They have employed Barclays Capital and brought on board Martin Broughton the British Airways chairmen to lead the hunt for new owners.

Broughton, a Chelsea fan, joins the Liverpool board as Chairmen and will work alongside current executives and Chief Executive Christian Purlsow in finding a suitable buyer for the club.

I’m not sure why they need to employ somebody specific to close a deal but I hope it comes off. Gillette and Hicks, just like the Glazers, have saddled two of our most established and famous clubs with millions of pounds worth of debt. A trend I am hoping does not continue.

The problem is the Yanks see a cash rich Premier League, with a worldwide fan base and think they can make a quick buck. They do not understand football or soccer as they call it and they come over here thinking they can operate football clubs like their American Sports franchises. Well that clearly does not work over here and the sooner the cowboys are ran out of town the better.

May I just add a caveat to this, both Sunderland and Aston Villa have American owners who have come in and quietly gone about their business investing in the team but seeking no limelight so I wouldn’t like to tar all the Yanks with the same brush. Let’s just hope that Broughton and Barclays don’t just sell to the highest bidder, which is what the Yanks will want valuing the club at £500million. I hope they do take into consideration the fans and the future of the club when looking for a buyer.

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