Foreign owners benefit English soccer, says Arsenal’s Alisher Usmanov

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Over the past decade in the Premier League a huge influx of foreign owners has helped transform many of England’s biggest clubs.

Some purists argue that foreign owners don’t understand the ethos of certain teams and are not sensitive to the needs of the fans, others believe the endless millions that wealthy benefactors, who hail from outside the UK, pour into the teams and the country itself is of huge benefit to the English people.

One of the largest shareholders in Arsenal Football Club, Alisher Usmanov, is of the latter opinion.

Mr. Usmanov has a personal wealth of over $20 billion and has tried to increase his 30 percent stake in Arsenal only for American majority shareholder Stan Kroenke to brush him aside. However, with the growing band of foreign owners in the PL set to increase in the future, Usmanov believes it is benefiting the league.

“Everyone who has legal right to buy something can perform this right,” Usmanov told BBC Sport. “We have Kroenke, [Aston Villa’s Randy] Lerner, many, many people and now many Asian owners. I think everyone is comfortable if the club are successful. If the club are not successful then, of course, everybody wants to find somebody guilty.”

Russian billionaire Roman Abramovich bought Chelsea in 2003 and that started a wave of foreign investment in the PL as American Malcolm Glazer took over at Manchester United, Sheikh Mansour from Abu Dhabi bought Manchester City, Aston Villa were bought by American Randy Lerner and now the list goes on and on.

Usmanov wants that to continue and doesn’t think it’s doing anybody any harm as more money floods in from overseas.

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Cardiff’s owner Vincent Tan changed the clubs color from blue to red to help sales in his homeland of Malaysia. Many loyal fans walked away.

“I’m sure it is good [for English football],” Usmanov said. “When investors come and invest in the economy, in British football, it is a big part of the entertainment economy in the United Kingdom. What’s bad?”

As it stands ten (Manchester United, Manchester City, Liverpool, Arsenal, Aston Villa, Sunderland, Southampton, Cardiff City, Chelsea and Fulham) of the PL’s 20 teams are owned by non-British companies or individuals. Many fans of those clubs have claimed struggles with their identity as new owners try new ideas, re-brand the team in different ways and try to make their new ‘business’ as profitable as possible.

But can fans really complain about changes in color or traditions? After all, these wealthy individuals are allowing the side they support to thrive and compete in the most lucrative and most watched league in the world.

Something has to give and ultimately, money talks.

Whether that’s with finances from England or finances from foreign countries, the Premier League clubs involved are benefiting tremendously.

As Usmanov said, ‘What’s bad about that?’

Soccer world reacts to the Manchester attacks

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NBC News is reporting that at least 19 people have been killed and another 50 are injured following a possible suicide bombing at an Ariana Grande concert in Manchester.

Multiple senior U.S. intelligence officials who are monitoring British authorities told NBC News that preliminary reports indicate that a single explosion took place outside the arena on the southwest side opposite the train station. The explosion occurred as the concert ended, catching people as they exited.

Soccer personalities around the world are reacting to the horrible event.

Juventus purchases Cuadrado from Chelsea

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If you didn’t realize Juan Cuadrado still belonged to Chelsea, you’re forgiven.

The Colombian attacker will complete his second season at Juventus after the UEFA Champions League Final against Real Madrid, and won’t be headed back to Chelsea afterwards.

Juve has purchased Cuadrado, and the fee is $22 million, and Juve will pay it over three seasons. Cuadrado, 28, is now signed through 2020 with The Old Lady.

Cuadrado first went on loan to Juve in Aug. 2015, and has eight goals and 18 assists in 83 career appearances with the club.

Chelsea bought Cuadrado from Fiorentina for around $32 million in the January 2015 transfer window, but made just 14 appearances with the club.

Report: Jermain Defoe meeting with Bournemouth

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Sky Sports is reporting that Jermain Defoe may head back to the south of England following Sunderland’s relegation.

Defoe, 34, spent two seasons with Portsmouth between 2008-09, scoring 15 goals in 31 appearances.

[ MORE: ‘The Moment’ of each PL club’s season ]

The 56-times capped England striker had a clause in his Sunderland contract allowing him to leave the Stadium of Light were the Black Cats to be relegated, as they were this season. He’d have little interest in dropping into the Championship given his desire to stay a part of the England squad ahead of the 2018 World Cup.

Bournemouth’s strike corps includes Joshua King, who scored the most goals of any player not on a Top Seven side this season. King’s 16 goals were one more than Defoe’s 15, though the latter scored just one goal following a brace against Crystal Palace on Feb. 4.

Chelsea’s Conte wins pair of top managerial honors

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Antonio Conte took league and national honors from the League Managers Association on Monday night.

The Chelsea boss was named Premier League Manager of the Year and Manager of the Year after leading the Blues to the PL title and an FA Cup Final in his first year on the job.

Brighton and Hove Albion boss Chris Hughton nabbed another Championship boss of the year award after leading the Gulls to the Premier League. He also won the honor with Newcastle United in 2010.

The League One winner is Chris Wilder of Sheffield United. Wilder won the honor with Northampton Town last season.

In League Two, Paul Cook of Portsmouth was named the winner.