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American Sports Firm Buys Derby County

The Detroit-based sports management firm General Sports and Entertainment on Monday was confirmed as the new owner of English Premier League club Derby County. Derby becomes the fourth EPL club with American ownership after Manchester United, Liverpool, and Aston Villa. Derby was promoted to the Premiership this season, but has only managed one victory in 23 games.   

"We are excited about the opportunity to make a significant impact at Derby County with our collective sports industry knowledge of best practices in management, sales and marketing," said GSE chairman Andy Appleby, a former senior vice president of the Palace Sports & Entertainment, owner of the Palace of Auburn Hills and the NBA's Detroit Pistons, among other teams. "We have visited Derby County over the last six months and experienced a match day at Pride Park Stadium, where we were impressed with the incredible potential of the club and the loyalty of the fan base."

Separately, New York Yankees owner Hank Steinbrenner told the Associated Press he might be interested in buying an English club, either Tottenham Hotspur or Nottingham Forest of League One. Steinbrenner said he would not invest further in American sports. "The only thing would be a soccer team, a major soccer team in Europe, probably at this point preferably in the Premier League," he told the AP. "That's always a possibility for me. We'll just have to see what happens."

Read the whole story at Associated Press »

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