Another American snapped up an English Premier League when billionaire Ellis Short
took control of
Sunderland. The Texan was expected to give new manager Steve Bruce
more than $100 million in funds to spend on the summer transfer market.
Short, 48, made his fortune
in the private equity business and the operation of hedge funds.
He has an interest in buying other British properties, having purchased Skibo Castle, an ultra-exclusive Scottish
retreat and turning it into a hotel and country club, where Madonna married Guy Ritchie in 2000.
Teams with American owners finished 1-2-6: Manchester United (Malcolm Glazer
), Liverpool (Tom Hicks
and George Gillett)
and Aston Villa (Randy Lerner
Sunderland survived a fierce relegation battle, finishing 16th in the 20-team EPL.
It was one of two EPL clubs to change hands in the last
Portsmouth was sold to a consortium led by Dubai businessman Sulaiman Al Fahim