Sport has been described as the “new frontier” for private capital, of which football has been front and centre. There has been a palpable shift from “passion-led” to “returns-oriented” investment. Rather than “trophy assets”, football clubs are increasingly viewed as yield-generating, diversified asset vehicles.
In our previous article, we reviewed the portfolio-style investment and regulatory approaches in other sports, including rugby union, cricket and motorsport, where further MCO opportunities may present themselves, particularly in relation to new sports, competitions and territories.
In Part III of our multi-club ownership (MCO) series, we examine:
The three core types of MCO group
The latest investment trends in football, including recently published statistics, the role of private equity (PE) and the rise in minority investments
The regulations (current and impending) that shape MCO decision-making