Newspaper article The Journal (Newcastle, England)

Surge of Foreign Takeovers Worries Platini

Newspaper article The Journal (Newcastle, England)

Surge of Foreign Takeovers Worries Platini

Article excerpt

Byline: By Martyn Ziegler

Uefa president Michel Platini is planning a series of talks about the wave of foreign takeovers sweeping through football.

Platini, elected as president of the European governing body a fortnight ago, wants to make sure clubs are not falling into the hands of businessmen who just want to make a profit.

Liverpool's takeover by American tycoons George Gillett and Tom Hicks this week means seven Premiership clubs are now in the hands of foreign owners ( Manchester United, Chelsea , Aston Villa, West Ham, Portsmouth and Fulham are the others.

Uefa communications director William Gaillard believes Liverpool's new owners appear to have the interests of the club at heart ( but has added there are concerns about the overall trend.

Gaillard said: "Michel Platini has doubts whether this is good for football.

"This is why he wants to have consultation with the whole football family ( clubs, leagues, players and so on ( so we understand a bit better in which direction football is moving. …

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