Saturday, January 29, 2011

A US Invasion?

Back in October 2010 we saw, and wrote about, the sale of Liverpool FC to the owner of the Boston Red Sox, John Henry. To be even more specific the club was sold to New England Sports Ventures of which John Henry is a member.

Well, the Beantown Bankers (as I am starting to call them) are at it again, and are now investing in the Serie A Club, AS Roma. ESPN is currently reporting that a final meeting to seal the deal is imminent. Thanks to Andy Weiss for bringing this one to the fore.

Finally, in what I consider one of the best "feel good stories" in a while regarding sports business, CNN and others are reporting that "angel investor" Robert Rich is making capital investments into the 9th division Bedlington Terriers FC.

This is truly an inspiring story where a man has realized his heritage, and want to give back to his community. He is reported to not be asking for a share of the team that draws about 120 fans per match, and the players get paid only expenses, not a salary.

Take a look at the story here from Guardian, and the video below from CNN. You won't be disappointed.

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