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Boro firm over investment
05 Sep 2008 - 07:34:03
Middlesbrough chief executive Keith Lamb has admitted that his club are opposed to trying to bring in foreign money to try and boost the Riverside coffers.
Lamb is confident that Boro can compete in the top-flight and is concerned by the goings-on at the likes of Manchester City and West Ham United in recent times.
He told BBC Radio Tees: "Man City fans must be wondering what's going to happen next. They've had three owners in just over a year.
"But as far as we're concerned this increasing foreign ownership within the Premier League will have no effect at Middlesbrough Football Club whatsoever.
"The club is very stable from top to bottom and we want it to stay that way. We have made a good start and we want it to continue.
"I am very concerned about English football and the effects of foreign ownership will have on the Premier League teams. I don't really see what the foreign owners will get out of this in the long term.
"Football is all about tribalism and the fans love their teams. I don't see what the investments of the corporation from Abu Dhabi or people living in Russia or the United States will get out of it.
"I know the game is global and fans all over the world like to keep in touch with Premier League football, but you don't need foreign investment for this.
"Maybe it's good for TV rights, but I am not sure how good in the long term it is for these clubs to have foreign ownership or why they have got it."