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Liverpool Echo
Liverpool Echo
Sport
Dave Powell

Why Everton have just become an even bigger opportunity for US investors

The falling exchange rate for the pound against the dollar saw it briefly reach an all-time low earlier this week.

While that has signalled tough times for the UK economy, for a growing trend in English football it has only served to potentially accelerate it, as US investors, already keen for a slice of the game in this country, were given a further nudge by chancellor Kwasi Kwarteng's 'mini-budget' that saw the pound tumble against the dollar.

The Bank of England stepped in to try and cool the market by embarking on a £65bn move to buy back government bonds, something that left the pound sitting and just a little over a dollar.

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