Interesting article in "World Soccer" magazine June 2023.
Entitled "Multi-Club Ownership (Part Two)"
About the pitfalls and complexities of one owner owning multiple clubs.
It refers to Bill Foley's involvement in football:
"In Europe, fans have routinely protested at takeovers and in some cases even repelled investors, such as NAC Breda [Matt Garbett's club] in the Netherlands last year, where a bid by City Football Group failed after fan protests.
The key issue for supporters is they do not want their team to become a feeder club for bigger sides.
'Clubs are part of their local communities and not suitable for this structure,' says Martin Endemann, head of policy for Football Supporters Europe.
'Feeder clubs make some sense but for fans it only makes sense if you are the top club in the chain.'
This was illustrated when the consortium of US investors led by Bill Foley bought Premier League side Bournemouth for £120 million in December 2022, and then a month later took a 33 percent share in French club Lorient, who were chasing a place in Europe.
Bournemouth subsequently snapped up Lorient's Burkina Faso international Dango Quatarra and the French club's European aspirations bean to falter.
Players unions are also concerned at the impact of their members caught up in these networks, as the number of players tied up in these ownership networks is massive....nealy 10,000 footballers involved."
Multi-club ownership can lead to some dodgy dealings and evasion of rules, as we saw in the A-League a few years ago when former Phoenix player Anthony Caceres was placed on the books of Manchester City who nominally paid his wages and loaned him to Melbourne City so that they could evade the A-League salary cap.
It can lead to difficulties too when clubs with the same owner are drawn in international club competitions such as UEFA club comps or the FIFA Club World Cup.
Two teams owned by Red Bull (Salzburg and Leipzig) qualified for the Champions League in 2017 contravening the UEFA statute that two or more clubs with the same owner can't compete in a UEFA club comp.
This meant that Red Bull had to change the clubs' ownership structure to satisfy UEFA.
These two clubs did actually end up playing each other in the group stage of the Europa League in 2018-19.
It came out after Abramovich was sanctioned and had to give up ownership of Chelsea, that he has also been secretly funding Dutch club Vitesse Arnhem- the chairman claimed last year that he was under instructions not to do well enough to qualify for Europe in case problems arose with UEFA.
The club I support, Charlton Athletic, was caught up in a multi-club ownership fiasco in recent times:
https://www.theguardian.com/football/copa90/2020/jan/16/charlton-athletic-fans-united-defeat-unfit-owner
HOW CHARLTON FANS UNITED AND OUSTED THE CLUB'S UNFIT OWNER
After five years of turmoil, supporters at The Valley are now looking to the future with relief, apprehension and excitement.Entitled "Multi-Club Ownership (Part Two)"
About the pitfalls and complexities of one owner owning multiple clubs.
It refers to Bill Foley's involvement in football:
"In Europe, fans have routinely protested at takeovers and in some cases even repelled investors, such as NAC Breda [Matt Garbett's club] in the Netherlands last year, where a bid by City Football Group failed after fan protests.
The key issue for supporters is they do not want their team to become a feeder club for bigger sides.
'Clubs are part of their local communities and not suitable for this structure,' says Martin Endemann, head of policy for Football Supporters Europe.
'Feeder clubs make some sense but for fans it only makes sense if you are the top club in the chain.'
This was illustrated when the consortium of US investors led by Bill Foley bought Premier League side Bournemouth for £120 million in December 2022, and then a month later took a 33 percent share in French club Lorient, who were chasing a place in Europe.
Bournemouth subsequently snapped up Lorient's Burkina Faso international Dango Quatarra and the French club's European aspirations bean to falter.
Players unions are also concerned at the impact of their members caught up in these networks, as the number of players tied up in these ownership networks is massive....nealy 10,000 footballers involved."
Multi-club ownership can lead to some dodgy dealings and evasion of rules, as we saw in the A-League a few years ago when former Phoenix player Anthony Caceres was placed on the books of Manchester City who nominally paid his wages and loaned him to Melbourne City so that they could evade the A-League salary cap.
It can lead to difficulties too when clubs with the same owner are drawn in international club competitions such as UEFA club comps or the FIFA Club World Cup.
Two teams owned by Red Bull (Salzburg and Leipzig) qualified for the Champions League in 2017 contravening the UEFA statute that two or more clubs with the same owner can't compete in a UEFA club comp.
This meant that Red Bull had to change the clubs' ownership structure to satisfy UEFA.
These two clubs did actually end up playing each other in the group stage of the Europa League in 2018-19.
It came out after Abramovich was sanctioned and had to give up ownership of Chelsea, that he has also been secretly funding Dutch club Vitesse Arnhem- the chairman claimed last year that he was under instructions not to do well enough to qualify for Europe in case problems arose with UEFA.
The club I support, Charlton Athletic, was caught up in a multi-club ownership fiasco in recent times:
https://www.theguardian.com/football/copa90/2020/jan/16/charlton-athletic-fans-united-defeat-unfit-owner
HOW CHARLTON FANS UNITED AND OUSTED THE CLUB'S UNFIT OWNER
Tom BrandhorstThu 16 Jan 2020
In January 2014, an unknown [billionaire] Belgian businessman called Roland Duchâtelet bought Charlton Athletic for £14m. With the club sitting 19th in the Championship, there was excitement among Charlton fans that, in the modern age of billionaire foreign owners, they might just be on the cusp of something great. But it wasn’t to be. Within two years, hundreds of Charlton fans were marching towards the Valley in a faux funeral procession, trailing behind a coffin that symbolised the death of the football club at the hands of its reckless owner.
To many Charlton supporters, Duchâtelet’s “regime” offers the perfect example of how not to run a football club: belligerently pursuing an unrealistic vision without any consideration for the fans until the club has been driven to ruin, both on and off the pitch.
His ambition was to incorporate Charlton into a wider network of European clubs – a model not far from what the Pozzo family have done at Watford or even City Football Group’s growing global empire. It would be a mutually beneficial, money-saving agreement, in which players would move from club to club, developing and progressing. However, Duchâtelet’s strategy underestimated the talent required to compete in the Championship. Charlton found themselves ill-equipped for the task, with poor players from mediocre teams in Duchâtelet’s network, and were soon languishing in League One.
Off the pitch, things also took a turn for the worse. Duchâtelet and his choice of CEO, 29-year-old lawyer Katrien Meire, made a series of bizarre decisions and publicity blunders, which corroded Charlton Athletic’s identity as a club. They signed new players without consulting the club’s manager; they sold star striker Yann Kermorgant as he was deemed “too old for the Championship”; they sacked managers who refused to field the players in their network; they relied on a scout with no experience in football...
[N.B. Duchâtelet in his takeover also took full ownership of Charlton's stadium at the Valley - a lasting legacy of his disasterous regime is that he still retains ownership of the stadium and subsequent club owners have to pay him to hire it.....]
[N.B. Duchâtelet in his takeover also took full ownership of Charlton's stadium at the Valley - a lasting legacy of his disasterous regime is that he still retains ownership of the stadium and subsequent club owners have to pay him to hire it.....]