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
Five Lessons to Prepare for College Soccer    
Ed McLaughlin, the Athletic Director at Virginia Commonwealth who has been involved in college athletics for ...
Cal South TOPSoccer Program Turns 25    
"We're all soccer players, special needs or not," says Sandy Castillo, chair of the Cal South ...
How Neymar Played in Childhood     
Neyrmar: "I used to pick up the ball, set up the furniture and go around dribbling ...
Chivas USA Youth Players Face Murky Future    
Chivas USA, which folded after the 2014 season, had one of the MLS's most ambitious youth ...
Roma Partnering with U.S. Youth Clubs    
Italian Serie A club Roma, which has American ownership, aims to forge partnerships with seven U.S. ...
LVG: Falcao "Has to Prove Himself"    
Manchester United coach Louis van Gaal has responded to criticism over dropping Radamel Falcao by claiming ...
Report: Adidas to Assist Messi Move?    
According to Spanish sports daily AS, Lionel Messi's sponsor Adidas could be the key to the ...
Mourinho Questions Man City's Transfer Policy     
Chelsea coach Jose Mourinho suggested that rival Manchester City is not adhering to UEFA's Financial Fair ...
Toure Admits Man City Future in Doubt     
Speaking ahead of the opening games of the African Nations' Cup in Equatorial Guinea this weekend, ...
Ronaldo Blasts 'Defensive' Atleti Tactics    
Cristiano Ronaldo blasted Atletico Madrid for its unattractive style after the Rojiblancos ousted Real Madrid from ...
>> Section 2 Around the Net Archives