Americans Krafting A Liverpool Takeover? (go back to the homepage)

First it was American tycoon Malcolm Glazer treading on fans' wishes and strong-arming his way to control of Manchester United, but now it appears Liverpool could be the next to crumble. Reports out of England's Daily Mail indicate the Kraft family is on the verge of investing in the defending European Champions--as much as a 30% stake to start.

The Krafts are the investor/operators of Major League Soccer's New England Revolution, who currently carry the best record in MLS. The Kraft family also acted as investor/operators for the San Jose Earthquakes from 1998-2001.

But the Krafts are best known as owners of the NFL's New England Patriots, winners of three of the past four Super Bowls. Both the football and gridiron teams play at state-of-the-art Gillette Stadium, the $325 million development and construction of which the Krafts oversaw.

A move by the Krafts would come on the heels of Manchester United's May takeover by Malcolm Glazer, who owns the NFL Tampa Bay Buccaneers, the 2001 Super Bowl Champions, although it is unclear how the Krafts would finance a possible takeover bid.

The Kraft family's patriarch, Robert Kraft, was instrumental in helping the Boston/Foxboro area become one of nine host cities for the 1994 World Cup in the United States. In addition Kraft carries a glowing reputation for his community involvement, something the reclusive Glazer is not known for.

But the Krafts may face competition from Thai media tycoon Paiboon Damrongchaitham, chariman of Thailand’s largest multimedia group GMM Grammy. Damrongchaitham is expecting to resume investment talks with Liverpool next month.

If the Glazer-United saga is any indication, however, expect fierce outcry from Reds supporters.










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