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I can't see it mentioned on here but I saw yesterday that the American bloke has pulled out after not agreeing a price with Gao. To be honest I think that's a good thing. He seemed more bothered about creating a sporting group rather than being focussed on Saints. Apparently he no intends to set up some player development platform instead. And no I don't know what that is either.
The business model that he is suggesting in the Echo is very strange and very mercenary. Set up football academies in poor African countries, get links to smaller leagues to act as middle men, sell said players off to big European teams.
Would a new owner continue to follow the Norwich & Sheffield United business model? Most Premier League owners appear not to. Spurs are obviously in a bit of an anomolous position as they've just built a billion pound stadium: