Arsenal's Stan Kroenke makes bid to assume full control of club
669 views · Published 23 August 2018 · 0:42 · Indexed 21 September 2026
Channel: Daily Mail World · 2018 · Sports
The Premier League is even more cosmopolitan with the arrival of promoted clubs Wolves, Cardiff and Fulham. That's because the men bankrolling the three new additions come from America, Malaysia and China. Of the clubs relegated last season, West Brom and Swansea were foreign-owned but Stoke were under the control of local businessman Peter Coates. That means the trend of increasing foreign ownership in the top flight continues, with British owners now accounting for only seven of the 20 Premier League clubs. Yet one of those, Crystal Palace, are only partly owned by Londoner Steve Parish, while another, Tottenham, has an English owner in Joe Lewis who is based in the Bahamas. Modern-day football is awash with money from across the globe but, even below the top tier, buying a Championship club and leading it up into the Premier League represents a significant monetary opportunity. The majority of the second tier is now also foreign-owned, notably by Egyptian billionaire Nassef Sawiris, who took control at Aston Villa in the summer (from China's Dr Tony Xia), and Andrea Radrizzani, who has lured high-profile manager Marcelo Bielsa to Leeds United. Original Article: http://www.dailymail.co.uk/sport/football/article-5779953/Premier-League-owners-world-map-staggering-global-scale-foreign-riches.html Original Video: http://www.dailymail.co.uk/video/sport/video-1740534/Arsenals-Stan-Kroenke-makes-bid-assume-control-club.html Daily Mail Facebook: http://facebook.com/dailymail Daily Mail IG: http://instagram.com/dailymail Daily Mail Snap: https://www.snapchat.com/discover/Daily-Mail/8392137033 Daily Mail Twitter: http://twitter.com/MailOnline Daily Mail Pinterest: http://pinterest.co.uk/dailymail Daily Mail Google+: https://plus.google.com/+DailyMail Get the free Daily Mail mobile app: http://dailymail.co.uk/mobile
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