If the U.S. earning a draw with England wasn’t bad enough for the Brits, here comes another blow. Another Yankee is trying to purchase one of their beloved football teams Liverpool. Alex Massie writes in the Daily Beast:
If Red Sox owner John Henry’s purchase of Liverpool soccer club goes through, he’ll have to clean up the mess left by its current owner, former Texas Rangers chief Tom Hicks.
This week, John Henry and the New England Sports Ventures consortium made great strides in their attempts to purchase Liverpool football club. For once, an American takeover of a great English institution is being welcomed — but only because it means running the previous American owners out of town. Better the wealthy Americans you don’t know than the ones you do.
That’s because owners of American sports teams have a history of running English football clubs into the ground. Liverpool, the most successful football team in English history, has $450 million in debt due on Friday and this season is off to its worst start in 57 years — thanks, in large part, to its current American owners, former Texas Rangers chief Tom Hicks and George Gillett. It is as though a group of used-car salesmen from South London had bought the New York Yankees and turned them into the Pittsburgh Pirates. Meanwhile, the most famous football club in the world, Manchester United, has accrued $830 million in debt under its American owners, the Glazer family, owners of the Tampa Bay Buccaneers.
Read More in the Daily Beast