Why Americans keep buying British soccer teams

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 22 September 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

The owner of the Everton soccer club in England’s Premier League has agreed to sell the Liverpool-based team to an investment group based in Miami. If approved, it would mean Americans own 10 of the 20 clubs in the world’s most lucrative soccer league. What’s behind the surge in Yankee investment? Then, we examine how to combat both poverty and the climate crisis.

Transcript

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0:25.2	Why Americans keep buying British soccer teams?
0:29.0	From marketplace.
0:30.0	I'm Sabri Benicior and for David Brancaccio.
0:32.2	Everton Soccer Club is based in Liverpool.
0:34.8	It's part of England's premier league and it is own
0:37.4	and its owner has agreed to sell the team
0:39.9	to a group of investors based in Miami.
0:42.5	This would not be the first transatlantic ownership
0:45.2	of a British team.
0:46.4	If approved, the sale would mean Americans own 10 out of 20
0:50.1	clubs in the world's most lucrative soccer league.
0:53.4	Marketplace is Matt Levin, explains why European football
	...

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