Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Sven off to City as English Officials Probe Foreign Ownership
Various Reports, June 26th, 2007 4:30PM

MOST READ

MOST COMMENTED

Former England coach Sven Goran-Eriksson looks set to take the managerial reigns at Manchester City, though the deal can't officially go through until prospective new owner Thaksin Shinawatra has completed his proposed purchase of 75 percent of the club's shares, which is expected to happen now that City's board has recommended that shareholders accept the former Thailand Prime Minister's $163 million bid. The club wouldn't confirm Sven's pending arrival, although Thaksin's offer, estimated at $6 million for three years, should be accepted by the Swede in the next few days. The Times reports that Eriksson has contacted Roland Andersson, currently the Sweden national team assistant, about taking up an assistant role alongside him.
 
Thaksin's takeover attempt has given fresh scrutiny to the ongoing practice of foreign investment in and ownership of English clubs. In light of City's proposed takeover by the controversial Thaksin, who lives in exile in London and has been described by British Parliament as being "unsavory," Britain's Sports Minister Richard Caborn has called a meeting between himself, Treasury officials, and Premier League, Football League and Football Association executives to discuss standards for foreign ownership.
 
Caborn insists that commercialization and foreign investment are good for the English game, "but I think we have got to make sure the Premier League does not turn into a billionaires' playground," he said, adding that the group may implement a "fit and proper person test," for example.

Read the original story...



No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Nasri to Miss a Month Following Surgery     
Manchester City midfielder Samir Nasri will miss a month after having groin surgery over the weekend. ...
Herrera Out as Man United Injury Crisis Worsens    
Manchester United midfielder Ander Herrera will be out for "weeks" with a fractured rib in yet ...
Giroud Signs Gunners Extension    
Goal.com reports that injured Arsenal striker Olivier Giroud has signed a two-year contract extension with the ...
Defender Helped Finance Barca Move    
Barcelona defender Jeremy Mathieu on Monday confirmed that he paid three million euros out of his ...
Man United Mulls Midweek Friendlies Abroad    
The BBC reports that Manchester United is thinking about playing potentially lucrative midweek friendlies abroad since ...
Cole 'Never Expected' to Play Against Lampard in UCL    
AS Roma defender Ashley Cole said he was surprised to come up against former Chelsea teammate ...
Luis Suarez Ban Upheld in FIFA 15     
Barcelona striker Luis Suarez is not currently playable in the "career mode" of FIFA 15, the ...
Simeone: Juve a 'Final'    
It may only be Matchday 2 of the UEFA Champions League, but Diego Simeone is already ...
Report: Pardew's Job Safe-for Now     
Newcastle United is currently 19th in the Premier League table and winless in six games so ...
Life on the road with Badgers    
What's life like on the road in the fall for a Division I soccer player? For ...
>> Section 2 Around the Net Archives