Who really owns European Football teams

foreign

[Music]

defense the culture the chaos simply put

the game of football is nothing short of

exhilarating from promotion to

relegation Heroes to Heartbreakers the

trials and tribulations of football can

make or break a club's year in addition

to toying with emotions of the

supporting fans across Europe the most

valuable and reputable clubs have

attracted the interests of the world's

most wealthy investors the Chinese

retail giant SUNY hasn't announced his

buying of 69 percent stake in the

Italian football club Inter Milan

Newcastle United Football Club have

today settled over the Takeover of the

club by the Consortium of pif PCP

Capital partners and the Rubin Brothers

Sports and Media company Milan reports

that they'll be sold to the American

Investment firm Redbird Capital partners

for 1.2 billion euros recently the two

most valuable clubs Real Madrid and

Manchester United have invalued worth

over 6 billion dollars famously owned by

the American Glazer family Manchester

United has been hoping to find new

buyers private investors linked to to

the Qatari royal family considering

making a bid for Manchester United

however then they be met with a wave of

frustrated fans who were Furious back in

2005 when the glacier family took on

ownership of the club

eternal other reputable English clubs

like Liverpool who are owned by Fenway

Sports and Chelsea who have now American

owners are among the clubs with USB's

funding Chelsea's previous owner Russian

oligarch Roman Abramovich had to

relinquish his position within the club

when he was sanctioned after Russia

invaded Ukraine Roman Abramovich the

owner of Chelsea Football Club has been

sanctioned by the UK effectively for

Chelsea Football Club this is a huge

blow this left a bidding opportunity for

a number of firms interested the deal

went through with Todd bully with

support from a Consortium of investors

including Kane International CEO

Jonathan Goldstein we're here to ensure

that Chelsea maximized its potential it

continues the great winning tradition

that the previous ownership instilled in

it over the previous 20 years and were

working hard every day to try and

Achieve that our view though was that

this is a long-term project and you know

we're committed to the long term and we

very much believe that we're going to

figure it out other notable investors

who had attempted to take over Chelsea

ownership included corner of the Boston

Celtics paluka of Bain Capital he sat

down with Bloomberg's Lisa ramovich in

Davos earlier this year to discuss his

other interests in football including

recently purchasing the Italian Serie A

club Atalanta you do own the Boston

Celtics you are interested in the

Chelsea football team didn't win that

bid are you looking to push further into

the football arena our group is looking

at many teams the prices have gone up

very high and you know we we tend we

want to buy a great Club but we want to

stay disciplined so we can invest in the

club over the future and so my fear is

some of these prices are are now getting

so high that that there might be

disinvestment and I want to have a great

club and I want the club to be able to

win and you got to be competitive so you

have to budget putting money in to make

it competitive 20 years ago investment

firms and Sovereign wealth funds were

absent from the top five leaks in the

region now they are present in all with

five teams owned by Sovereign funds and

12 owned by investment firms clubs like

Manchester City who have gone through a

transformative decade after they were

purchased by Abu Dhabi United group in

2008 it for 200 million pounds are

closing in on the chance to complete the

travel despite recently being under Fire

for violating uefa's fair play rules

Manchester City are Premier League

champions but questions remain about how

the club does business that's because

City Stand Accused of over a hundred

breaches of the Premier League's

Financial rules City denied doing this

and the questions they face stretch back

years because this is a club transformed

from one that went decades without a

trophy to one that's won the league five

years out of the last six the charges

included the failure to report Financial

results in particular with respect to

its Revenue including sponsorship

Revenue it's also accused of not giving

full details of players salaries and

failing to cooperate with the League's

investigation on Sunday Manchester City

could become the first team backed by a

sovereign fund that manages to take home

European football's most coveted price

if it wins the Champions League final

against Inter Milan