Introduction

Football ownership has rapidly transformed in recent years, shifting away from local businesses and family enterprises to an era characterised by billionaire owners and sovereign wealth funds. Now, new players are emerging in the form of private equity and hedge funds, looking to take a slice of the action.

So, is football ownership the next big thing for private equity and hedge funds? And should fans be excited?

To answer these questions and more, we are joined by Dr Christina Philippou, an expert in football finance from the University of Portsmouth who recently conducted a government-commissioned study on the financial sustainability of the sport.

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