Football in Europe is being transformed by US private equity firms – here's how
- Written by Paul Widdop, Senior Lecturer in Sport Business, Manchester Metropolitan University
Football is changing, again. Many fans who have spent years watching their teams, either live in a stadium or on the television, have long had to face the fact that their teams are (more often than not) no longer owned and run locally.
Russian oligarchs, Gulf nations and Chinese billionaires have regularly bought into European football clubs over...