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New Horizon for Club Ownership
UEFA appears poised to introduce new regulations to better accommodate multi-club ownership models. This shift in stance emerges as Manchester United faces obstacles in their attempt to sign Nice defender Jean-Clair Todibo this summer due to current ownership rules.
Everton Takeover Signals Change
Stefan Borson, a former financial advisor at Manchester City, has indicated that The Friedkin Group’s pending acquisition of Everton suggests a change in UEFA’s approach to multi-club ownership. The American firm, led by Dan Friedkin, is on the verge of securing a significant majority stake in the Merseyside club, signaling a move towards greater acceptance of conglomerate ownership in football.
Multi-Club Ownership Scrutiny
The multi-club ownership model has faced scrutiny recently, particularly with both Nice and Manchester United, partially owned by INEOS, qualifying for the Europa League. This success has highlighted the complexities of player transactions between clubs under the same ownership, as evidenced by the block on United’s move for Todibo.
UEFA’s Anticipated Response
Despite the current challenges, Borson predicts that UEFA will not force owners like Sir Jim Ratcliffe of INEOS to divest their stakes in multiple clubs. Instead, UEFA is expected to revise its rules to support such ownership structures, ensuring that entities like The Friedkin Group can manage clubs like Roma and Everton without the need to sell.
Timing, Not Policy, to Blame for Transfer Block
Borson suggests that the timing of Manchester United and Nice both qualifying for the same competition is the primary cause of the transfer snag, rather than a systemic issue with multi-club ownership. He advises against reading too much into the current predicament, hinting at a broader acceptance of these ownership models in the near future.
Did you miss our previous article…
https://3pointsforawin.com/?p=122773
