American billionaire Robert Kraft admits he considered buying a Premier League club in England.

Kraft owns the New England Patriots and New England Revolution.

"If our family is to be part of something, we want to be sure we have a chance to compete year in and year out," Kraft said. "You don't have salary caps and you have certain team owners that can spend year in and year out. I'd rather give the money to charity to be honest.

"Part of the reason that the NFL is as successful as it is, is that all 32 teams have an equal chance to win. It's how well you manage the resources."