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Off the Pitch (UK): Investors Might Turn their Backs on British Championship and League One Clubs if German Ownership Rule is Changed

December 30, 2019

O’Melveny partner and Sports Industry Group co-chair Charles Baker was quoted in Off the Pitch (UK) about the ramifications of a potential change to a German soccer ownership rule.

“So long as the clubs are profitable, there could well be some US investors looking for exposure in their portfolio or asset mix to sports, who are willing to take a bit of a flyer on the potential that the 50+1 rule is overturned at some point or modified in a fashion that would result in the lifting of a club’s value,” Baker said.