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LIVE: Spurs seek 'Chicharito' move

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Redknapp believes Brits are a dying breed in Premier League

Tottenham manager Harry Redknapp believes British owners and managers are a dying breed in the Premier League.

Egyptian owner Mohamed Al-Fayed bought Fulham in 1997 before funding the club's rise to the Premier League in 2001, while Russian Roman Abramovich purchased Chelsea in 2003, and top-flight clubs including Manchester United, Liverpool, Manchester City and Aston Villa have since been taken over by foreign owners.

Seven of the 20 Premier League sides currently have managers from outside the United Kingdom, and Redknapp believes that number will only increase as owners demand greater success.

"Every club will have a foreign owner eventually and you'll get less British managers," he said. "Mark Hughes was doing a terrific job at Man City, but new owners want to bring in somebody they have heard of.

"There are some terrific managers in the Championship and below who just need the chance but a big club will always go for that sexy name. I'm not really sexy. You'll have to ask my wife. She'll definitely say 'no'.

"The new owners are all billionaires and all want to win the league. They don't understand they can't all win the league. It will be like revolving doors for managers.

"Gone are the days of Bob Lord, the butcher from Burnley, or Mr Reg Pratt when I went to West Ham who had the wood yard up at Wanstead.

"Who would ever have believed Arsenal having Russian and American owners? Who'd have believed they'd have a stadium called the Emirates? Portsmouth was difficult for me, because I had an owner [Alexandre Gaydamak] I didn't know and never saw. Tottenham are a rare commodity.

"Daniel [Levy] is a local guy. I get on fine with Daniel. He has been good as gold for me and I've been as good as gold for him."

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