Date: 10th December 2006 at 5:14pm
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The news that Liverpool are about to be bought by Sheik Mohammed and his buddies should come as no surprise to anyone – the club has been hawked around for a while now by Rick Parry on behalf of the Moores family.

There may well be good reasons for it. Apparently, you need lots of dosh to compete in the Champions’ League (though, since it’s only 18 months or so since Liverpool won it, I’m not sure that argument washes). Maybe Liverpool are feeling left out of the big boys club, having seen both Chelsea and Manchester United gain billionaire owners.

Many Liverpool fans are resigned to the takeover. They don’t exactly want it but they know it’s going to happen and they can’t stop it.

So is it a good thing for all these clubs to pass into foreign ownership? No idea! There are good things about the investment culture and bad things. It’s probably taking the clubs away from their fans even more than before. And what happens when the investors get bored or their returns nose dive? How soon before a club is asset stripped?

These are questions that can only be answered over time.

One thing’s for sure, though. £450M of investment won’t make Rafa Benitez a good manager and no amount of investment in new players will win the Premiership for Liverpool with that clown in charge!

 

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