Saracens have been in the spotlight recently and not for good reasons as the huge club faced the horrifying ordeal of relegation and a major fine that all but bankrupt them.
The 2019 Premiership and European champions were involved a salary cap scandal that saw the club be handed a £5.3 million fine and immediate relegation to the Championship.
The scandal was uncovered by Sportsmail and led to the stepping down of owner Nigel Wray who then put the club up for sale.
It’s not often you would get someone coming in looking to buy a club with huge wages that plays in the second tier of English rugby but Saracens have hit a gold mine with tech billionaire Michael Dell’s investment group MSD Capital showing interest in the London team according to the Daily Mail.
You might not know the name Michael Dell but you have definitely heard of Dell computers before, is it starting to ring some bells now?
Dell and MSD have proposed buying a stake in the club with Nigel willing to sell up to a 50% share of the club. MSD have opted to lend money to clubs in the past with them lending tens of millions of pounds to Southampton, Burnley, Derby and Sunderland over the last two years.
MSD are willing to buy a major stake in the club under the impression that it will help them grow rugby in the United States. Saracens have recently received a brand new sponsor who has given them their largest deal yet and it’s another American financial service.
With their new sponsorship deal, Saracens will rename their stadium to StoneX stadium in stead of Allianz Park after their last sponsor Allianz dropped the club due to the salary scandal.
Would it be good to see American investment in English rugby or should the club stay locally owned.