Saturday, March 12, 2005

Who does Gaddafi Jr want to buy

According to the New York Times Saadi el-Qaddafi, the sometime Perugia player and son of the Colonel is hoping to purchase the controlling share of a well-known British soccer team for $300 million.

So who could he mean?

Manchester United is out, with a market capitalisation at the moment of $1.4bn then $300m wouldn't be enough. On the other hand Southampton would be too cheap, a market cap of less than $17m. Even Spurs are too cheap at $60m, Newcastle are at $100m. He did say British, but no Scottish club could be in the frame, Celtic's market cap is less than $30m, Rangers are privately owned, but wouldn't be 10 times the worth of Celtic.

Liverpool aren't publically traded either, but David Morgan had enough money in the summer with $140m and I can't see Newcastle being worth more than Liverpool. Saadi would need more than $300m to prise Roman out of Chelsea.

So I reckon, he has to be talking about Arsenal.

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