Why America's super rich have embraced the appeal of British soccer teams (cnbc.com)
¶It is the inefficiencies of British and European football clubs’ day-to-day operations that particularly excite American businesspeople, sports finance analysts told CNBC.
¶Clubs are traditionally run with fans in mind, and typically, most are loss-making entities. Revenue maximization has rarely been the priority of British teams.
¶Do you want your team’s owner to chase profitability or championships? That’s a relevant question for the professional sports I’ve followed for years (MLB, NHL, NFL, NBA). Sounds like it’s relevant in soccer, too. My teams tend to worry more about the former than the latter, unfortunately.