2026 World Cup: Who Controls Football Amidst Multi-Club Ownership?

The 2026 World Cup is set to take place against the backdrop of a rapidly evolving football landscape, increasingly dominated by the phenomenon of multi-club ownership (MCO).

This model sees investment funds, multinational corporations, and even state entities acquiring and controlling networks of football clubs across various countries. This consolidation of ownership is reshaping the sport's structure and dynamics.

Supporters of MCO argue that it brings much-needed investment into clubs, fostering talent development and potentially improving competitiveness. They see it as a modern approach to managing football assets in a globalized market.

However, critics raise serious concerns about the implications of this trend. They warn of a potential loss of club identity and local character as ownership becomes increasingly detached from the communities the clubs represent. Furthermore, there are fears that MCO could diminish the influence of fans and prioritize commercial interests over sporting integrity.