Welcome, everybody to soccer 101. My name is Taylor Rockwell, and on this episode, we're taking a look at a concept that was

an outlier previously, but seems to be gaining traction and popularity each and every day. It is the

idea of multi-club ownership. Graham Ruthven is joining me to talk about it. Graham, not the most

alluring of titles, but multi-club ownership, a pretty major concept in modern football.

Yeah, absolutely.

I think this is an important subject to cover because sister clubs and satellite clubs and feeder teams, if we're including them under this umbrella as well,

and as you called it, multi-club ownership which is kind of the catch-haul term.

It's increasingly becoming a big part of soccer.

So last weekend, PSG beat Tuat, which relegated them to League in France.

Tuat are owned by City Football Group.

When we spoke about Tati Castellanos, scoring four goals against Real Madrid fairly recently,

he was playing for Gerona. They're also connected to the city football group. And we have all

this discussion about Qatar, possibly by Manchester United. There are questions about whether

that would make Manchester in PSG part of the same ownership group. There's also the Red Bull

network of clubs as well, which obviously

Leipzig being towards the top end of the Bundesliga and the Champions League every year,

that network also helped produce arguably the best goal scorer of the new generation in Erling

Halland. So the point I'm making is that this trend is growing and it is changing the face of soccer at the elite level.

And even when we're maybe not overtly having a discussion about multi-club ownership,

it is increasingly the case that it is a factor in the discussions that we're having.

So I want to take a couple different approaches to this. I want to talk about the ramifications

where we go from here, how it's come to be. First, I think it's worth sort of categorizing some things so we're not

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