Yankees Reportedly Weighing Bid for Premier League's Tottenham Hotspur
With control of the Yankees now in the hands of George Steinbrenner's sons Hal and Hank -- the latter of whom played soccer in college -- the pair could lodge a £450 million pound (roughly $687 million) bid for the club, known in England as Spurs, said the Star.
The report cites Hank Steinbrenner's interest in owning a soccer team directly.
"The only [other kind of franchise that would interest me] would be a major soccer team in Europe, preferably in the Premier League," said the elder Steinbrenner. "That's always a possibility for me."
Spurs would certainly qualify as "major" given their fourth-place finish in the Premier League this season, a finish that qualifies them for the playoff rounds of the UEFA Champions League. The Champions League is the most prestigious club competition in soccer and should generate a major cash infusion to the London-based side.
The Steinbrenners, who have shown an interest in the club in the past, could probably afford to buy Tottenham too, especially if current owner Joe Lewis did lose a significant portion of his fortune in the Bear Stearns collapse, as the report claims, and is looking to liquidate some of his assets.
American investment is already a reality in the English Premier League. Soon-to-be former Texas Rangers owner Tom Hicks has a piece of Liverpool F.C., Cleveland Browns owner Randy Lerner is the chairman of Birmingham-based side Aston Villa F.C. and the Glazer family, which owns the Tampa Bay Buccaneers, has a controlling stake in Manchester United.
Still, it's a little hard to take the Star at face value. For one, the report is coming from a British tabloid, and as far as accuracy, tabloids like the Daily Star are on target about as often as Nuke LaLoosh when it comes to the beautiful game. For two, it is citing Hank Steinbrenner. If you haven't been paying close attention to the Yankees, it's younger brother Hal who is controlling everything in the Bronx.
Until he voices a serious interest in Tottenham, don't keep yourself up at night wondering if the Yankees are about to bring their brand to the most famous professional sports league in the world.