Buying European clubs: why it is becoming more common
Let us remember that the QSI paid for it PSG 70 million euros in 2011 and the fund of Abu Dhabi put €230 million for him City in 2008.
Bought by 4,970 million euros (5,322 million dollars) by an American consortium led by Clearlake Capital Groupe and Todd Boehleya 48-year-old businessman who also co-owns the baseball franchise of Los Angeles Dodgers (MLB), he Chelsea became the most expensive club in history on May 24.
The Russian tycoon Roman Abramovich was forced to put the club up for sale after the Russian invasion of Ukraine19 years after having bought it only for 140 million pounds (about 168 million dollars).
Eighteen years after being acquired by the entrepreneur Malcolm Galzer by 1,100 million euros (1,177 million dollars)he Manchester Utd could far surpass the record set by the Chelsea.
The heirs of the American, in charge of the club since his death in 2014, put the “Red Devils” up for sale last November and They expect to receive an amount close to 6,000 million euros (about 6,400 million dollars).
An offer from Qatar worth of 4,500 million it could be put on the table; while Jim RatcliffeChairman and CEO of Ineos and owner of the Nice has already shown interest in the club Old Trafford.
According to a classification established by the American economic magazine Forbes in May, the big European clubs have recently seen their value rise exponentially. He real Madrid and the FC Barcelonafor example, would have a value €5.1 billion7% and 5% more respectively than in 2021. And several recent sales highlight this trend.
Other cases in Europe
On August 31, a giant like the AC Milan was sold to the US fund redbird by Elliott Managementanother US fund, for the sum of 1,200 million euros (1,284 million dollars).
In Francehe lyons officially changed hands on December 18 for a sum close to 800 million euros (856 million dollars) paid by eagle footballthe holding company of the American magnate john textorwho already owns shares in the clubs molenbeek (Belgium), Botafogo (Brazil) and Crystal Palace (England).
American sports as an example
For many years it was the American basketball, baseball and football franchises that achieved the highest sales value.
In 2012, the baseball franchise los angeles dodgers was acquired by 2 billion dollars by a consortium of investors led by the icon of the nba magic johnson and supported by the finance giant Guggenheim Partners.
Previously, the club was owned by Frank McCourtcurrent owner of Marseilleswhich had invested “only” 430 million dollars to get in front of dodgers in 2004.
Growth continued afterwards in a measured manner, with especially the purchase of Houston Rockets (NBA) by $2.2 billion in 2017 or that of the New York Mets (MLB) by 2.4 billion in 2020.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
