To date the Superleague Formula has attracted two other British clubs - Spurs and Glasgow Rangers - alongside some of the biggest names in world football, including AC Milan and Corinthians.

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Having the Treasury Department - whose job it is to promote foreign investment in the United States - charged with evaluating such investments is a formula for precisely what we have seen to date: rubber-stamp approval of virtually every transaction, with no regard for the long-term or cumulative impact they will have on U.S. national security equities.

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To date, zigging where others zag has largely proved a winning formula for Koonin and his suite of branded cable networks.

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