Word: owners
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...Rahman, who was also a military commander, was captured by his enemies, sold to slave traders and eventually taken to a plantation near Natchez, Mississippi, where he spent the next 40 years using his agricultural and management skills to turn its owner into one of the wealthiest men in the antebellum South. Through a chance reunion with a man that Rahman and his father once helped when he traveled in Africa, and the support of a local newspaper publisher, a campaign for his freedom began, and Rahman became one of the best-known faces of the strengthening abolitionist movement...
...bagged seven of the country's top-flight teams in the last five years, from the $218 million that Russian oligarch Roman Abramovich found for London club Chelsea in 2003, to the $1.4 billion shelled out for Manchester United a couple of years later by U.S. tycoon Malcolm Glazer (owner of the NFL's Tampa Bay Buccaneers). The investors' goal: to score a slice of the richest soccer league in the world. Buoyed by rising broadcast revenues and a lucrative fan base swelling from the U.S. to Asia, the 20 teams in English football's top league netted some...
...Football Industry Group at the University of Liverpool. "[They] are not just businesses but much more important cultural and social assets for individual places ... This isn't the way these grand institutions should be traded." But with Liverpool among the Premier League's foreign-owned teams - Tom Hicks, owner of baseball's Texas Rangers, and George Gillett, owner of the Montreal Canadians hockey franchise, snapped up the club in February 2007 - Taylor's trying to bring the merry-go-round to a halt. His message to the team's fans: "If [they] care enough about that, there's something they...
...while the level of fans' financial interest isn't yet clear, their unrest is palpable. "We have been in this business for years," Hicks told TIME shortly after buying Liverpool last year. "All team owners go through a learning curve at how to be a good owner. We both have done that ... fans want stability. Players want stability." In truth, it hasn't really worked out like that. A public spat with Rafael Benitez, Liverpool's Spanish team manager and a favorite among supporters, has done nothing for the American owners' own fan base in the city. Uncertainty over...
...Right now, there's no sign of that changing. "Liverpool football club is not for sale," maintains a spokesman for Hicks. (The club itself isn't commenting.) And last week, the owners agreed to some $700 million in refinancing, hinting at a longer-term commitment. For Taylor - who's not had any contact with either Liverpool owner about his scheme - picking up a private business that's not up for grabs in the first place seems like a pretty high hurdle. And even among Liverpool's legendarily large fan base, finding so many with enough money to pony...