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American investor looks at London clubs

American billionaire Todd Boehly told Bloomberg back in September what he finds so appealing about the Premier League and discusses the chances of his buying one of its football clubs. He told how football is the biggest sport in the world and says the passion that the fans have for the sport and the teams is unparalleled. He goes on to say that the Premier League has no competition in the American Saturday morning TV sports schedule.

The businessman is no stranger to London as he studied at the London School of Economics. Chelsea and Spurs were both linked with potential takeovers by the American last summer with a $3billion bid for Chelsea turned down by their Russian owner.

Boehly is the chairman, chief executive officer and controlling member of Eldridge Industries, which is a private investment firm and the former president of Guggenheim Partners. He owns 20% of the LA Dodgers and part-owner of the LA sparks and is said to have a net worth of £4.72 billion. Boehly spent his early career at Credit Suisse First Boston which is where West Ham 10% shareholder Tripp Smith also worked prior to founding GSO Capital Partners.

While there is no suggestion that Boehly will target West Ham or join up with his former work colleague at the moment it might provide an interesting investment opportunity at the right price in the future.

With West Ham in such a precarious league position, it is most likely the wrong time to attract new investors or court a takeover bid but next season could be another matter no matter which division the Hammers find themselves in.

 

About Sean Whetstone

I am Season Ticket Holder in West stand lower at the London Stadium and before that, I used to stand in the Sir Trevor Brooking Lower Row R seat 159 in the Boleyn Ground and in the Eighties I stood on the terraces of the old South Bank. I am a presenter on the West Ham Podcast called MooreThanJustaPodcast.co.uk. A Blogger on WestHamTillIdie.com a member of the West Ham Supporters Advisory Board (SAB), Founder of a Youtube channel called Mr West Ham Football at http://www.youtube.com/MrWestHamFootball, I am also the associate editor here at Claret and Hugh. Life Long singer of bubbles! Come on you Irons! Follow me at @Westhamfootball on twitter

5 comments on “American investor looks at London clubs

  1. todd please come and save us

  2. Is he interested because he wants to make money or will we be told, if things progress, how much he loves West Ham !

  3. Cant think of any EPL team that has been owned by an American investor and been a success. Liverpool, Palace, Sunderland and Villa were disasters – Man Utd is the closest to be a ‘success’ I can think of.

  4. Thank God, lets hope it happens. After all that american investment firm certainly would not see the club as money making machine. 😀

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