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Does it matter who owns your football club?

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Richard Jackson | 07:25 UK time, Wednesday, 7 October 2009

Birmingham City is the latest club to be bought by a foreigner. Hong Kong businessman Carson Yeung, is the new owner. This means that half of the 20 Barclays Premier League clubs are now foreign-owned.

This week, Portsmouth has changed hands between two rich Saudis. Liverpool, Fulham, Aston Villa, Chelsea, Manchester City, Manchester United, West Ham and Sunderland are also owned by foreigners.

Is this good for the game and does it matter? We live in a free market - is it pointless trying to keep clubs home owned?

Is it better for fans that clubs have the cash to buy the best players or should foreign ownership be limited even if it means a less exciting game?

How can we stop someone investing in the game they love? Is it sustainable to rely on one foreign owner?

How important is ownership to a club's identity? Is it only a matter of time before all English clubs are foreign owned?

We'll be discussing this on the 5 live Phone-in at 9. You can get involved in many ways:

And you can follow the debate live between 9 and 10 with 5 live Now, which pulls together you contributions in one page. Find out more about 5 live Now.

Comments

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  • 1. At 08:29am on 07 Oct 2009, siranna12345 wrote:

    This comment was removed because the moderators found it broke the House Rules.

  • 2. At 08:29am on 07 Oct 2009, siranna12345 wrote:

    This comment was removed because the moderators found it broke the House Rules.

  • 3. At 09:28am on 07 Oct 2009, anthonynorth wrote:

    Football used to be a sport,
    But now it has come to naught,
    Big Biz came and changed it all,
    They play with everything except the ball

    Complain about this comment

  • 4. At 09:32am on 07 Oct 2009, Tempus Fugit wrote:

    Y'all want in the EU but you don't want foreign ownership of or involvement in British business...?

    You can't have your cake and eat it.

    Complain about this comment

  • 5. At 10:40am on 07 Oct 2009, Belchard Farticus wrote:

    Tempus Fugit wrote:
    Y'all want in the EU but you don't want foreign ownership of or involvement in British business...?

    You can't have your cake and eat it.

    I agree, point is....if it means watching "good football" who cares?

    Complain about this comment

  • 6. At 12:11pm on 07 Oct 2009, Tempus Fugit wrote:

    If I'm honest, I'm not the slightest bit interested in the footy. It dominates the airwaves and all the rest and I've better things to do with my time than indulge 22 over-paid prima donnas as they strut about and punt a bag of wind up and down a lawn a couple of times a week. That said, go England!

    Complain about this comment

  • 7. At 1:30pm on 07 Oct 2009, JohnClement wrote:

    Football is like a pyramid selling scam. One rich person buys a boy's toy off another for a short period of personal amusement and ego massaging. They lose a few £million, but this debt is contained within the club, not the individual. They then sell it on. Fine until the levels of debt get so high, that they can't sell it on. They then pull the plug, leaving the debts still with the club, which then goes under.
    Its the same principle as the sub-prime market in toxic investments, and in the longer term a similar sort of collapse is likely to occur.

    Complain about this comment

  • 8. At 3:30pm on 07 Oct 2009, Belchard Farticus wrote:

    JohnClement wrote:
    Football is like a pyramid selling scam. One rich person buys a boy's toy off another for a short period of personal amusement and ego massaging. They lose a few £million, but this debt is contained within the club, not the individual. They then sell it on. Fine until the levels of debt get so high, that they can't sell it on. They then pull the plug, leaving the debts still with the club, which then goes under.
    Its the same principle as the sub-prime market in toxic investments, and in the longer term a similar sort of collapse is likely to occur.

    Nothing like pyramid selling a football club provides a service errr....and maybe a pruduct, the product being in young players.

    Complain about this comment

  • 9. At 9:43pm on 07 Oct 2009, Nick Vinehill wrote:

    So why all the sensitivity over whether a commercial football club is owned by 'foreigner(s)' when a vast proportion of British industry is likewise?

    The real question should be why, regardless of nationality should football clubs be owned by a small group of profit hungry tycoons, very few of whom have ever had an active interest in the game, and whose sole motive is to financially exploit the passions for the game held by mainly working class exploited people.

    Complain about this comment

  • 10. At 00:49am on 08 Oct 2009, Sarnia wrote:

    Good grief Nick - you sound like you're locked into the 60s/70s!

    Do YOU go to football games? Look around you if you do. 'Working class exploited people'? Who are you? Alf Garnet?

    Complain about this comment

  • 11. At 10:01am on 08 Oct 2009, Tempus Fugit wrote:

    One wonders how many foreign owners of British business pay taxes here - or are they all non-doms...?

    Complain about this comment

  • 12. At 10:42am on 08 Oct 2009, Nick Vinehill wrote:

    Sarnia. I do go to football games occasonally but the game doesn't control me. Even if I didn't go one only has to listen to 606 type programmes to realise that the majority of football fans emerge from the employed classes.

    The main point is that if thousands of football fans believe, for example, that Man Utd is their club when in fact its not their club but owned by a few individuals, then the Brit establishment can convince many more thousands that their country is actually their country when in fact they are merely wage slaves to a very small minority who control the means of production within it!

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  • 13. At 01:06am on 09 Oct 2009, Sarnia wrote:

    Nick - I think you are doing thousands of football fans a diservice - in fact I would go as far as saying you are being patronising and condescending.
    I would think that thousands of Man Utd fans are well aware that their club is owned by Americans; as Liverpool fans are aware that their club is also.

    I am a Chelsea fan/supporter. I know who owns the club I support; I'm not a cretin or idiot or simpleton being taken for a ride. I'm a realist. As are 99% of fans of any clubs. Stop projecting your class warrior inadequacies onto totally intelligent supporters to try and prop up your really boring and outdated Citizen Smith type inclinations.

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  • 14. At 09:23am on 09 Oct 2009, Nick Vinehill wrote:

    Interesting to know what proportion of public money via bank bail outs, welfare benefits and printing money goes directly or indirectly towards the incomes of many supporters of clubs like Chelsea or Man Utd who pay so much to attend top class football games.

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