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When EPL turns into ‘Billionaires Club’

The English Premier League (EPL) threatens to see more competition and attraction from another emerging force backed by another “Arab Money” gradually marking the turn of the teams in the League into “Billionaires’ Club.”

Before the turn of the millennium, now well-known clubs including Chelsea and Manchester City were considered underdogs in every Premier League campaign. Their classification as one of the biggest clubs in England became evident due to their takeover by billionaires.

The emergence of billionaires in the league over the past decade has grounded the complete dominance of heavyweights such as Manchester United, Arsenal and Liverpool. Chelsea and Manchester City have become testaments that big money produces trophies; following the propose takeover of Newcastle United by the Crown Prince of Saudi Arabia, Mohammed bin Salman, the English topflight campaign will be expected to see at least six clubs (Liverpool, Man City, Man United, Arsenal, Tottenham Hotspurs, and Newcastle United) competing for the title with lot of respect to other clubs.  

Chelsea

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The owner of the Chelsea Football Club, Roman Abramovich bought the club in 2003 for 140 million pounds from Kent Bates, and immediately invested over two billion pounds into club.

The success revolution began in 2005 when Chelsea its first premier league during Abramovich’s era.

They would go to win 16 major trophies in the past 17 years making them the most successful in England since the Russian’s take over. The Stamford Bridge has celebrated the following titles in quantum; 1 Champions League, a pair of Europa League, 5 EPL, 5 FA Cups, and 3 League Cups. The club has attracted fine stars including Didier Drogba, John Terry, Frank Lampard, Petr Cech, Eden Hazard, Glen Johnson, Hernan Crespo, Andriy Shevchenko, Michael Essien, Ashley Cole, etc as well as top managers in the world of football including; Jose Mourinho, Carlo Anceloti, Antonio Conte, Filipe Scolari, Roberto Di Mateo (won the UCL), and Maurizio Sarri. 

Manchester City

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Another scenario of the movement of the “Billionnaires Club” empire in the EPL is the emergence the Arab billionaire from Abu Dhabi, Sheikh Mansour bin Zayed al-Nahyan in 2008. He took over City Football Group of which Manchester City is a part for a whooping 265 million pounds from then owner Thaksin Shinawatra. According to reports from The Sun Sport in February this year, the Etihad owner has forked 1.5 billion pounds worth of investment over the past decade.

Though the Club has never tasted glories in Europe, they have become a buttress root in the English topflight and other domestic trophies. Their 10 trophies haul including last season’s domestic treble during the Mansour era include; 4 EPL, 2 FA Cups, and 4 League Cups.

The Etihad Stadium has welcomed great players such as; Yaya Toure, Sergio Aguero, David Silva, Joe Hart, Robinho, Carlos Tevez, Eden Dzeko, Vincent Kompany, Emmanuel Adebayor, and Kevin De Bryne. The best of managers including current coach Pep Guardiola, Roberto Mancini, Manuel Pellegrini, and Mark Hughes have been at the helm of affairs.

Newcastle United

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Following the proposed 80 per cent shares takeover of the St. James Park by the PCP Capital partners backed by the Public Investment Fund (PIF) of Saudi Aradia, the EPL as well as Newcastle United fans are preparing to welcome a new owner.

The PIF headed by the Crown Prince of Saudi Arabia, Mohammed bin Salman is expected to pay a mammoth 300 million pounds to current owner, Mike Ashley to complete the takeover. The PIF is reported to be worth 260 billion pounds.

Albeit, drawing references from Chelsea and Manchester City who also have billionaires investing in them, many Newcastle United fans are very excited and optimistic that they will become a force to reckon with due to the investment expected to be made by the Deputy Prime Minister of Saudi Arabia, Mohammed bin Salman.

The investment is expected to translate into several trophies in the year to come for the St. James Park that has not tasted any trophies for the past two decades and over. It is imperative to note that Newcastle United will have the richest club in the EPL as well as in Europe.

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BY BENEDICTA NUAMAH TAKYI

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Sports

 Aduana can cause more problems for Kotoko

 “Getting back to the top of the table is difficult but not impossible, and it’s not over until the end.”

These were the words of newly appointed Technical Director/Interim Head Coach of Kumasi Asante Kotoko, Karim Zito Kabutey, as he gets ready to lead his charges against Aduana Stars at the Baba Yara Stadium tomorrow.

Supporters of the Porcupine Warriors have the belief that the league title is within reach and are supporting coach Zito to give it his best shot beginning from the game tomorrow.

Kotoko currently occupy the fourth position on the league log with 47 points, six points shy of leaders, Bibiani Gold Stars, while Aduana lie 10th with 38 points.

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Games between the Porcupine Warriors and the ‘Ogya’ Boys have left fans at the edge of their seats, and tomorrow’s game will be no exception.

Kotoko recorded a 2-0 away win in Dormaa in the first round against the then-struggling Dormaa side; however, with the coming of Romanian coach, Cioaba Aristica, a lot has changed since then, and tomorrow’s game will not be a walk in the park for the home side.

Coach Aristica, ahead of the game, believes Aduana is too good a team to be languishing in mid-table and hopes to lift them on the log beginning with tomorrow’s game.

League leaders Bibiani Gold Stars will trek to the Nii Adjei Kraku II Sports Complex in Tema to play as guests of Vision FC.

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With their title aspiration firmly in their hands, the Bibiani Boys will be motivated to hold their own against the Tema lads, who will need to play above themselves if they are to pick at least a point from this game.

Today at the Accra Sports Stadium, Accra Lions will welcome Bechem United in a must-win game for the host if they are to keep alive any realistic chances of avoiding relegation.

At 6pm, under the lights at the TNA Stadium in Tarkwa, Medeama SC will host Young Apostles.

In other games tomorrow, Legon Cities play Heart of Lions at the Tuba Astro Turf, Karela United will stay put at the Aliu Mahama Stadium in Tamale to host Dreams FC, while Berekum Chelsea will host Nations FC at the Golden City Park.

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Defending champions, Samartex FC, will face off with neighbours, Basake Holy Stars, at the Nsenkyire Sports Arena.

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Sports

 Overcoming sponsorship fatigue in sports

Mr Kofi Adams
Mr Kofi Adams

 Speaking to top sports administrators in Ghana over the innumerable challenges facing sports administration, one concern rings across, and that is sponsorship.

Sponsorship, the world over is the backbone of sports development and promotion.

A federation or major sanctioning bodies may have the most skillful hands in terms of personnel but without sponsorship, their plans would remain stuck in their books.

Federations with huge budgets and fat sponsorship deals like football, athletics etc, are touted as the most successful federations.

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It is not always the case that those below that level lacked qualified personnel to plan; the truth is that without sponsorship, no discipline can rival the likes of football and athletics for example.

It is a global challenge; Ghana is no exception.

Fact is, a number of the sports federations here have failed to break out due to the lack of sponsorship deals and the truth is that, they may not be able to reach certain heights without it.

Barely six months in office as Sports and Recreation Minister, Mr Kofi Iddi Adams, has identified this huge funding gap and has been encouraging companies to partner government to develop sports.

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During a visit to the Borteyman Sports Complex to watch an International Tennis Federation (ITF) juniors event, Mr Adams urged the private sector players to be involved in the organisation of sports in the country because government alone cannot shoulder that responsibility.

“Public-Private-Partnerships is one sure way to sustain such essential developmental initiatives and I believe the coming on board of more corporate bodies would help in that light,” Mr Adams said during his interaction with the media during the visit.As an ardent follower of sports, that is surely the way to go in the wake of what appeared a sponsorship fatigue among the private sector partners.

In the past, companies like Mobil Ghana, Nestle Ghana Limited, Ghana Brewery Limited and many others became so synonymous with sports as a result of their connection to the industry.

Through Mobil’s support for athletics, Ghana produced a lot of great athletes that performed at the highest stage of the sport while Nestle with its Milo brand helped unearth long distant runners through the Milo Marathon organised by the Dansoman Keep Fit Club and the Milo championship for tennis.

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When they exited, other companies filled their shoes but sadly, those relationships have not been sustained and over the years, they have gone into hibernation.

Sponsorships of this nature are huge financial drains on these corporate sector players and for that matter, such calls does not produce the harmonious notes they want to hear.

Most of these companies that have expressed interest in partnering government in that direction have also complained about economic challenges and the absence of tax rebates.

From this, one gathers that there is the need for a common ground or some compromise for the sports sector to begin to attract these companies.

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Sports no doubt has become a big business, providing varied platforms for a lot of the youth to get their daily bread and also, feed their families.

Obviously with the numbers it commands, it should be easier to attract the corporate sector support but since they are not coming, it’s clearly shows that there is a missing link.

This is the reason why the Minister of Sports and Recreation’s call for the involvement of the corporate sector must not be a rhetoric just as it has been with previous ministers that occupied the role.

This should be the time to walk the talk. Efforts must be made to identify some of these organisation with the wherewithal to support, get to know their frustrations with sports and why they shy away.

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It would also be appropriate to know their expectation in such partnerships so that a win-win situation would be achieved at the end of the day.

From the side of the sports administrators, they must prove their professional capabilities and run the federations transparently to erase doubts about their operations.

 By Andrew Nortey

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