Multi-club ownership (MCO) has grown significantly in soccer (and other sports) over the past five years and the trend isn’t slowing down. In general sports investment has been increasing, and across the board that has driven investor interest. This has a knock-on effect on player transfers, commercial opportunities, the development of new leagues, and the overall competitive balance and fair play of sport across the globe. This session will look at the effects of in sport, in particular MCO and new competitions, and, will consider the opportunities and challenges which arise including from the perspective of the regulators.