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Since becoming Chelsea co-owner, Todd Boehly has made the headlines. Earlier this month, Boehly’s suggestion of a Premier League North vs South All-Star game got the footballing world talking, with the 47-year-old showing he isn’t afraid of dividing opinion.
Another vision Boehly has spoken about is for Chelsea to become a multi-club model, like City Football Group and the Red Bull clubs. Manchester City are part of City Football Group, who also have a majority stake in New York City FC, Palermo, Melbourne City and seven other clubs.
“We’ve talked about having a multi-club model,” Boehly told SALT. “I would love to continue to build out the footprint. There is different countries where there are advantages to having a club – Red Bull does a really good job with Leipzig and Salzburg, both of which are playing in the Champions League. So they’ve figured out how to make that work.
“You have Man City that also has a big network of clubs. The challenge that Chelsea has right now, or at least one of them, is when you have 18/19/20-year-old superstars, you can loan them out to clubs, but you put their development in someone else’s hands.”
According to the Guardian, Arsenal owner Stan Kroenke is exploring the option of expanding his football club portfolio in the near future. Kroenke and Liverpool’s John W Henry are both interested in establishing a multi-club network like Boehly has spoken about.
Kroenke already owns MLS side Colorado Rapids and NFL outfit LA Rams, but the report states he has already looked at purchasing clubs in Belgium, Brazil and Portugal. Following the success of City Football Group, some of English football’s fellow elite clubs are looking at mimicking the model, and Arsenal could be one of those in the near future.