Finance guru: Chelsea may be launching multi-club empire after Tom Glick reveal
The appointment of Tom Glick may signal that Chelsea are gearing up to launch a multi-club empire.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the newest member of the hierarchy at Stanford Bridge.
Chelsea revealed Glick as their new CEO on Monday (18 July).
The 30-year-old, who will operate under the title ‘head of business’, has previous experience with Man City, New York City and City Football Group.
All three institutions operate under the same Abu Dhabi-financed ownership umbrella.
New Chelsea owner and chairman Todd Boehly meanwhile owns baseball outfit the LA Dodgers and WNBA side the LA Sparks.
Plumley forecasts that the American billionaire’s appointment of multi-club aficionado Glick may be a sign that he wants to invest further in football in the future.
“He knows how the American sports market works and he has got knowledge of multi-club ownership,” he told Football Insider’s Adam Williams.
“We know that City have coveted that and that Liverpool are doing that in a slightly different way across multiple sports.
“If you look at Boehly’s background in American sport, it was always a possibility that they have their own ideas of a multi-club model.
“His background and connections would lend themselves to that. There is an American theme running through all of this.”
Chelsea currently have feeder club arrangements with LA Galaxy, PSV Eindhoven and Vitesse.
Man City, Brentford and Brighton are the only teams in the Premier League to currently work within a multi-club ownership model, however.
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