Manchester City owners have a model that sees them own multiple football clubs and it looks like the FSG will join other US owners in having a ‘multi-club network’.
As reported by Ed Aarons for The Guardian: “The owners of Arsenal and Liverpool have joined Chelsea’s Todd Boehly in seeking to establish a multi-club network started by Manchester City’s owner, City Football Group.
Liverpool owner Fenway Sports Group owns baseball’s Boston Red Sox, the NHL’s Pittsburgh Penguins and last year sold a large stake to RedBird Capital, the company that acquired Italian champion Milan in August for £ 1.1 billion and has an 85% stake. in Toulouse. It is understood that FSG would like to join that stable.’
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Seeing that John Henry, or at least FSG, now owns or has stakes in five sports teams can lead to one of two things.
Or we see an increase in their financial power and therefore an ability to spend more money on our football club, in terms of transfers, infrastructure and anything else that has to do with us.
Or they spread their expenses across all the clubs and we see less investment in the Reds, but our owners would still get the same amount of money back from us.
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It’s an interesting thing to read and we can certainly see that this multi-club system hasn’t negatively affected those at the Etihad Stadium, so it could be a positive change.
With a large number of Americans trying this method at the same time, they must believe that this model will yield some positives.
We’ll have to wait and see what the long-term effects are, but for now, everyone will be eagerly waiting for our owners to back the gaming team in the upcoming transfer windows.
You can see more about the owners of Liverpool, Arsenal, Chelsea and Manchester City via @guardian_sport on Twitter:
Arsenal and Liverpool owners joined Chelsea’s Todd Boehly in seeking to establish a multi-club network started by Manchester City’s owner City Football Group.
Story: @ed_aarons https://t.co/duu4u0FV1v
— Guardian Sport (@guardian_sport) September 28, 2022
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