Americans Find Field of Dreams in London Football
Leaders with Francine Lacqua
Bloomberg
4.6 • 64 Ratings
🗓️ 26 May 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
The sale of Chelsea FC to US investor Todd Boehly has been approved by the UK government, bringing a close to Russian billionaire Roman Abramovich’s near 20-year ownership of the storied London club. That means that next season more than half of England’s top 20 teams will for the first time be backed by US money.
So this week In The City, David Merritt and Francine Lacqua speak with Roger Mitchell, founder of sports consulting firm Albachiara, about how American money will soon change European football, and why the revival of the super league is inevitable. Plus, Bloomberg reporter David Hellier and his son Ethan tell the fans' side of the story.
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| 0:00.0 | Black Friday at Abercrombie is here with 25 to 50% off everything and IHart listeners are getting an extra 15% off with code IHARAF. It's the sale you've been waiting for. Shop Abercrombie in the app online and in stores. 30% of everything valid in stores and online in stores and online from November the 24th, 2025 in UK-EU. It's glued to clearance and gift cards, online price reflects discount. Use code IHAR AF to get an additional 15% off everything in stores and online at checkout from November the 24th, 2025 to December 1st, 2025 in UK-EU. It excludes clearance and gift cards. See details online. Hello and welcome. This is the Michelle Hussein show. I'm Michelle Hussein. |
| 0:38.8 | I speak with people like Elon Musk. |
| 0:41.3 | I think I've done enough. |
| 0:42.3 | And Shonda Rhymes. |
| 0:43.3 | That's so cute. |
| 0:44.3 | This will be a place where every weekend you can count on one essential conversation |
| 0:49.8 | to help make sense of the world. |
| 0:51.8 | So please join me. |
| 0:53.5 | Listen and subscribe to the Michelle Hussein show from Bloomberg Weekend, |
| 0:58.7 | wherever you get your podcast. |
| 1:00.3 | You certainly ask interesting questions. |
| 1:03.5 | American finance is dominating European soccer, and we're discussing why they're doing that. |
| 1:09.4 | And I genuinely believe that it will be helpful in transitioning it through this demographic cliff that we have of legacy fans. |
| 1:26.5 | I'm Franzine Lekwa, fresh off the plane from New York City, but here in the London studio. |
| 1:31.9 | And I'm David Merritt, fresh off the central line, also in the London studio. |
| 1:35.6 | And this is in the city, Bloomberg's podcast that connects you with the stories at the heart of the city of London. |
| 1:41.4 | And Dave, I would really argue the story that touches Londoners' hearts more than any other |
| 1:45.3 | story is one about football. |
| 1:47.7 | Fernandino takes his hands on the most coveted prize, an English football and holds it aloft. |
| 1:55.5 | The firecrackers go off, the flames, the screamers all around the Eddyhead Stadium. Yes, of course, all that passion and excitement was out in full force this past weekend during the climax of the Premier League. |
| 2:08.6 | And the other big football story of the week is of course that the Chelsea deal has been given the green light. |
| 2:14.6 | The government has given a license allowing the sale of |
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