The Minneapolis businessman is the latest American to vie for ownership of English football

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Outside of Minneapolis property circles, Maciek Kaminski isn’t widely known, but he could soon become a household name in Liverpool.

Kaminsky is the latest deep-pocketed American to play for the English Premier League (EPL) property. His target: Everton, a club (outside England) barely more famous than him.

Not ready for take off

Liverpool-based Everton, a founding member of the EPL, dribbles in the shadow of more successful Crosstown rivals Liverpool FC (which already have American overlords in the form of Boston Red Sox owners Fenway Sports Group ). Everton lost £120.9m in the 2021 season and £140m and £111m in the previous two. Financial performance reflects product on the pitch, which resulted in 10th, 12th and 8th place finishes over those years (while last year’s financial data was not disclosed, Everton finished 16th out of 20 ).

Kaminski, the team’s potential new owner, was a fund manager in Poland who became mega-rich after immigrating to the United States in the 1960s and building a portfolio of office buildings in Minneapolis. He kept a low profile, in keeping with Minnesota‘s modest regional attitude. And the Toffees, as Everton are known, haven’t won England’s top flight since 1987 or a major trophy since 1995, meaning they’ll fit right in with Minneapolis’ unbannered Timberwolves and Vikings. The acquisition would also promote seismic shifts occurring in global sports ownership:

  • Half of the 20 Premier League clubs will have American shareholders if Kaminski’s bid, worth around £400m according to the FinancialTimes, is successful. A US consortium led by Todd Boehly bought Chelsea FC from London for £2.5billion earlier this year after sanctions against its Russian oligarch owner Roman Abramovich forced a sale.
  • Current Everton owner Farhad Moshiri has sought funding this year after sponsorship deals with Uzbek-born Russian billionaire Alisher Usmanov ended, also due to sanctions. Everton have £500m plans for a new stadium and uncertainty over funding may have convinced Moshiri to reconsider previous pledges not to sell.

It stings : With a record $6.2 billion last year, the EPL is the fourth highest-earning sports league in the world, behind the National Football League, Major League Baseball and the National Basketball Association. Football may still not be a draw in the United States, but it has a very strong fanbase among American billionaires.

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