Brexit... what now?
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EXCLUSIVE: Liverpool in line to be taken over by Chinese investors - expert
LIVERPOOL are in line to be taken over by Chinese investors following the Brexit vote.
That’s the verdict of expert Simon Chadwick, the professor of sports enterprise at the University of Salford.
Investment group SinoFortone, who are supported by the Chinese state government, are keen to snap up Liverpool for £700m.
They have already explored the potential of building a new stadium in the dockland area of the city.
And following Britain’s decision to vote out the EU, Chadwick believes a takeover could now be on the cards.
He told Starsport: “One of the short to medium-term impacts of the Brexit vote could be that a lot of Chinese investment in football follows.
“It’s as simple as this - English football clubs have suddenly got a lot, lot cheaper following the drop in the pound.
“They have become far easier to buy by people abroad and that could have a big effect on the Premier League.
“It’s not just Liverpool, it could affect a lot of clubs in England.
“But the stories I hear are that there is Chinese interest in Liverpool. That is true.
“If a Chinese company buys a Premier League club, there’s no EU regulations around that.
“It’s down to the British government, the British club and the investors to negotiate their own deals now.
“Look at Aston Villa. They’ve just been taken over by Chinese investors and more could follow.”
Prime Minister David Cameron announced his resignation after Leave secured a dramatic victory 52-48 victory last night.
And Chadwick reckons the Prem is set for an uncertain future too.
He added: "We are moving into uncharted territory here, this could have a big impact on the Premier League.
"If the pound continues to fall then foreign talent will become more expensive, so that could have a huge knock-on effect in the summer transfer window. Plus all the players coming to England to play, their wages are now worth a lot less than previously.
“In theory the Bosman ruling no longer applies to the Premier League, but there will still be some freedom of movement through things like Kolpak.
"We may see more players from the Commonwealth and less from Europe.”
http://www.dailystar.co.uk/sport/football/525304/Liverpool-takeover-China-Brexit
LIVERPOOL are in line to be taken over by Chinese investors following the Brexit vote.
That’s the verdict of expert Simon Chadwick, the professor of sports enterprise at the University of Salford.
Investment group SinoFortone, who are supported by the Chinese state government, are keen to snap up Liverpool for £700m.
They have already explored the potential of building a new stadium in the dockland area of the city.
And following Britain’s decision to vote out the EU, Chadwick believes a takeover could now be on the cards.
He told Starsport: “One of the short to medium-term impacts of the Brexit vote could be that a lot of Chinese investment in football follows.
“It’s as simple as this - English football clubs have suddenly got a lot, lot cheaper following the drop in the pound.
“They have become far easier to buy by people abroad and that could have a big effect on the Premier League.
“It’s not just Liverpool, it could affect a lot of clubs in England.
“But the stories I hear are that there is Chinese interest in Liverpool. That is true.
“If a Chinese company buys a Premier League club, there’s no EU regulations around that.
“It’s down to the British government, the British club and the investors to negotiate their own deals now.
“Look at Aston Villa. They’ve just been taken over by Chinese investors and more could follow.”
Prime Minister David Cameron announced his resignation after Leave secured a dramatic victory 52-48 victory last night.
And Chadwick reckons the Prem is set for an uncertain future too.
He added: "We are moving into uncharted territory here, this could have a big impact on the Premier League.
"If the pound continues to fall then foreign talent will become more expensive, so that could have a huge knock-on effect in the summer transfer window. Plus all the players coming to England to play, their wages are now worth a lot less than previously.
“In theory the Bosman ruling no longer applies to the Premier League, but there will still be some freedom of movement through things like Kolpak.
"We may see more players from the Commonwealth and less from Europe.”
http://www.dailystar.co.uk/sport/football/525304/Liverpool-takeover-China-Brexit
Almost all the players will demand more in wages following the drop of the pound. Say that the pound drops 20%, not impossible. A guess how the owners will compensate that?
Most probably much higher ticket prices. A £35 ticket could cost close to £45 in a couple of years time.
Most probably much higher ticket prices. A £35 ticket could cost close to £45 in a couple of years time.
This doesn't make sense.
Of course it does. The EU and Europe are not the same.
That's absolutely brilliant. "OK lads now we've left Europe were gonna have to find a new place to put the country. There's plenty of room near Greenland so shall we head over there?"
What a fucking plank. Qualified for a job at UEFA. (See also: "Sakho" thread)
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