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Franchises

Stan Kroenke Defends Glazer Family's Running Of Manchester United

EPL club Arsenal Owner Stan Kroenke "described the Glazer family as ideal owners and said that they have every right to take money out of Manchester United," according to Tom Dart of the LONDON TIMES. In an in-depth interview, Kroenke "praised the Glazers, whose stewardship of United has proved hugely controversial because of the amount of debt their 2005 takeover loaded on to the club." Kroenke "defended the Glazers’ decision to profit from their asset and suggested that disgruntled supporters should give them credit for the stability and success under their reign." When asked about fans' protests against the Glazers, Kroenke said, "But they won. And they have increased revenues by a huge amount. If I was a fan of that club, I would sit there and go, 'Wow.' Because how could you do it any better?" Kroenke added, "We have a whole different philosophy I think in the States, maybe, but it’s time maybe for everybody to think a little bit ... about who invests in these clubs. What do you want for the long term? Because in the States, you would never get this dialogue that you and I are having. 'He took money out of the club.' So what?" He continued, "[Lakers Owner] Jerry Buss takes money out of the club. A lot of owners in the U.S. do. No one ever says anything about it. What’s it about, in fairness? Did the Lakers win anything? Well, yeah. They did. How big’s their revenue? Pretty darn good" (LONDON TIMES, 11/1). Meanwhile, Kroenke said that winning "without breaking the bank would continue to be Arsenal’s aim." Kroenke: "I would be much more proud if all our leagues were developed with the idea that you are competing on the basis of intellect and work and effort instead of just simply 'I am going to throw dollars against the wall'" (BLOOMBERG NEWS, 10/31). In London, David Hytner notes Kroenke has left an impression that "personal financial gain was not his priority" in buying Arsenal. Kroenke said, "There's no guarantee I'll make any money. As a matter of fact, believe it or not guys, you can actually lose money in sports! I know that you'll find that shocking" (GUARDIAN, 11/1).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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