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Context of '(September 5, 2006): Randy Lerner Increases Aston Villa Shareholding'

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Randy Lerner, the American owner-in-waiting of Aston Villa, increases his potential shareholding in the football club to 85.5 percent. Lerner was set to own 59.69 percent of the club after his conditional £62.2m takeover offer in August, and now seems likely to take full control. However, he must still reach 90 percent stakeholder support by 18 September, until which time Villa’s existing board of directors remains in place. [BBC, 9/5/2006]

Entity Tags: Aston Villa, Randolph D. (“Randy”) Lerner

Timeline Tags: Football Business and Politics

Deloitte publishes its Football Money League rankings for the 2009-2010 season, in which the top 10 clubs are exactly the same, although in a slightly different order, as they were the previous year (see March 2010). The rankings of the top 20 European clubs and their football earnings are:
(1) Real Madrid (€438.6m)
(2) FC Barcelona (€398.1m)
(3) Manchester United (€349.8m)
(4) Bayern Munich (€323.0m)
(5) Arsenal (€274.1m)
(6) Chelsea (€255.9m)
(7) AC Milan (€235.8m)
(8) Liverpool (€225.3m)
(9) Internazionale (€224.8m)
(10) Juventus (€205.0m)
(11) Manchester City (€152.8m)
(12) Tottenham Hotspur (€146.3m)
(13) Hamburger SV (€146.2m)
(14) Olympique Lyonnais (€146.1m)
(15) Olympique de Marseille (€141.1m)
(16) Schalke 04 (€139.8m)
(17) Atletico Madrid (€124.5m)
(18) AS Roma (€122.7m)
(18) Vfb Stuttgart (€114.8m)
(20) Aston Villa (€109.4m) [Deloitte, 2/2011 pdf file]

Entity Tags: Olympique de Marseille, Bayern Munich, Olympique Lyonnais, Roma, Tottenham Hotspur F.C., VfB Stuttgart, Milan, Aston Villa, Arsenal F.C., Manchester United F.C., Real Madrid Club de Fútbol, Liverpool F.C., Deloitte, Club Atlético de Madrid, S.A.D., Manchester City F.C., FC Barcelona, Chelsea F.C., Hamburg SV, Internazionale, Juventus, Fussball-Club Gelsenkirchen-Schalke 04

Timeline Tags: Football Business and Politics

Owners of English Premier League teams from the US and Asia want to end promotion to and relegation from the English Premier League, according to League Managers’ Association chief executive Richard Bevan. Five English clubs are owned by Americans (Manchester United, Liverpool, Arsenal, Aston Villa, and Sunderland), and Manchester City, Chelsea, and Blackburn are also owned by foreigners. “There are a number of overseas-owned clubs already talking about bringing about the avoidance of promotion and relegation in the Premier League. If we have four or five more new owners, that could happen,” says Bevan, speaking at the Professional Players Federation conference in London. “You’ll find that with American owners and you’ll find that with some of the Asian owners as well. If you look at sport all around the world and you look at sport owners trying to work out how to invest and make money, you’ll find that most of them like the idea of franchises. If you take, particularly, American owners, without doubt there have been a number of them looking at possibly having more of a franchise situation. That would mean no promotion or relegation. That would obviously not be good news for English football.” According to Bevan the solution is, “You need to make sure that the FA is strong enough to ensure that the principles on which our clubs are run, if I’m an owner coming in, I must recognise and embrace the history, the tradition, the supporters, the community, the philosophy of actually how this club should be operating and not deciding my club should be taken abroad or whatever.” According to the Press Association, such an outcome is unlikely, because, “Even if a two-thirds majority of Premier League clubs voted in favour of abolishing relegation, the move would still be unlikely to come about as the league’s own rules dictate it would also require approval from the FA, which would expect to hear widespread opposition from the rest of the game.” [Press Association (London), 10/17/2011]

Entity Tags: League Managers’ Association, Richard Bevan

Timeline Tags: Football Business and Politics

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