Abstract
Significance Ratcliffe, who already controls clubs in the top French and Swiss leagues, will be an enthusiastic advocate for the fast-spreading multi-club business model pursued primarily by US investors, some of whom are involved in efforts to establish a new European Super League. Impacts Private equity investors will drive the emerging trend of building multi-club models through minority stakes. US investors will look to grow their European clubs' US footprints as FIFA's next club and national World Cups will be held there. The European Club Association, chaired by Qatari-owned Paris Saint-Germain’s chairman, Nasser Al-Khelaifi, will grow in influence.
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