Piece in The Athletic this morning talking about ex-Prem exec Richard Scudamore joining the board of a US-listed company to target European football, with a prem club at the top of their wish list.
Moneyball head Billy Beane is involved in the group.
The group is called RedBall.
It talks about US investment in sport & how appealing football is — The article ends with this:
“American interest in European football isn’t new but it’s ramped up recently because some organisations are struggling and existing owners are trying to get out. Another factor is that it’s hard to get into US sport — the valuations are astronomical and minority stakes are rare. But for £200 million you could buy Southampton, for example. The prices are appealing.”