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  • World Soccer

    MULTI-CLUB OWNERSHIP

    Apr 16, 2021 5 minutes

    Multi-club ownership is a new buzzword in football, particularly in Europe, due to the activities of the City Football Group – owners of Manchester City – and the Red Bull Empire, which stretches from Leipzig and Salzburg to New York and Brazil.

    MCO is an acronym that is set to be an increasing part of the footballing landscape, but how many clubs are interlinked across the globe and what are the long-term consequences?

    In 2017, UEFA’s research found 26 top-flight clubs across Europe involved in cross-ownership. By this February, the figure had leapt to 56 teams with 20 investors holding a portfolio of three or more clubs including one in Europe. Overall, UEFA estimates there are 90 clubs with links and “just under” 50 shareholders owning two or more clubs.

    “This phenomenon is a direct

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