What a strong dollar and weak pound means for UK football and American investors

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What a strong dollar and weak pound means for UK football and American investors
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  • 📰 The Athletic UK
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How will the drop in the pound’s value affect football? It will give opportunity for US investors to buy various sports teams across Europe… 📝 dansheldonsport mjshrimper ➡️

Whether it is buying up clubs in England, Italy, France, Spain, elsewhere in Europe or worldwide, investment from the United States continues to pour into football — and it is not about to slow down.

“The pound has been crushed by multiple factors, but the most recent one has been a complete disillusionment with the mini-budget that was announced on Friday,” Craig Erlam, a senior market analyst at currency traders OANDA, told The Athletic.

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