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In our latest Explained we take a look at the next big shift in how football clubs operate; multi-club ownership. In 2017, UEFA calculated that at least 26 top division sides were involved in cross-ownership, with a controlling party holding decisive influence over more than one side. That figure doesn’t account for many hidden arrangements and power structures that have gone unaccounted. What is does show is a growing trend in football for owners or entities looking to expand club portfolio. We look at Red Bull GmbH and City Football Group, two of the leading multi-club owners in the game right now, and look at the pro’s and cons of buying up sides across the world. We explore the commercial incentives at the heart of their work, and the influence on their youth development, which has become a key battle ground for bigger sides in this day and age. ► SUBSCRIBE to EURO FOOTBALL DAILY: http://bit.ly/EUROFDsubscribe ► FOLLOW US ON TWITTER: / efdsquad ► FOLLOW US ON INSTAGRAM: / efdsquad This is Euro Football Daily - the home of European football on YouTube. On this channel you'll find Continental Club, Top 10s, Scout Reports, Euro Transfer Talk, Stat Wars, The Football Pyramid and much more. If you love European football as much as us then don't forget to subscribe!