Whether it’s Manchester City, Chelsea or even Bournemouth more and more Premier League clubs are sitting as part of multi-club ownership portfolios.

But why?

How do multi-club ownership groups work, are they purely about making money, or do they help guarantee success on-the-pitch?

Ayo Akinwolere is joined by Matt Slater for the first of our three-part series in multi-club ownership including Matt speaking with AJ Swoboda, Managing Director in the Americas for consultancy firm Twenty First Group about the role of MCOs within the global game.

Host: Ayo Akinwolere

With: Matt Slater

Featuring: AJ Swoboda

Executive Producer: Adey Moorhead

Producer: Guy Clarke

Learn more about your ad choices. Visit megaphone.fm/adchoices