For American investors there is a scarcity value around European football, particularly the Premier League.
With valuations for sports teams across the major US leagues of the NFL, NBA, NHL and MLB at a premium, and valuations in Major League Soccer ballooning beyond what some Premier League clubs are worth, American investors have looked across the Atlantic for places to deploy their capital, hoping to tap into the growing value of football clubs.
While the likes of Liverpool, Manchester United and Manchester City all carry price tags relative to their global appeal, for those clubs outside the so-called 'big six' they remain an enticing proposition, albeit one that carries more risk than in North American sports due to the existence of relegation and the financial disparity that exists between those who bank on European qualification and those who have almost had the ladder pulled up from them.
