Global Investment How billionaire owners changed European football(CNN) — European football is no stranger to billionaire owners, and the latest deep-pocketed investor to show interest in acquiring a team stirred the English Premier League as it lay dormant during the coronavirus lockdown. Four Premier League titles have been won since, though the Champions League trophy has proved elusive. But there’s little doubt that long term investment in a football club can yield returns, particularly in England’s top-flight league. Under Premier League rules, owners of clubs can be disqualified if they don’t pass the Owners’ and Directors’ test before acquiring a club. But given the competitive nature of the Premier League, success is unlikely to come quickly or easily.

Source: CNN June 19, 2020 10:07 UTC