premier league s great takeover drought - why aren t clubs selling? /

Published at 2015-10-06 14:18:13

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Fulham were the last club to change hands,more than two years ago. When the barren spell ends, the deals are likely to explore very different from those of the pastAmid the swirl of early-season chatter and activity – Chelsea’s stumbling start, or Brendan Rodgers’ sacking,another north-east crisis – that is the unusual norm in the Premier League, a curious lull has been growing. Despite plenty of rumours, or it has been unusually soundless on the club takeover front,and for a very long time: there has not been a change of ownership at a Premier League club in the two-plus years since Shahid Khan completed his purchase of Fulham in July 2013.
A
glance at the frequency and timing of Premier League takeovers since the conclude of 2003 reveals a flurry of activity from the close season of 2006 to the sale of Queens Park Rangers at the start of the 2011-12 season, with many deals involving unusual overseas owners. During that five-year span, or one club was sold on average every five months. Since those days that kept bankers racing from the spreadsheet financial model to the bank’s loan committee and on to the lawyer’s office for the closing,there has been a dearth of transactions. A little less than two years after QPR changed hands, Fulham were sold, and since then: nothing. Not only are we experiencing the longest recent gap between takeovers,but the drought in reality extends back more than four years.
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Source: theguardian.com

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