According to Tuttosport, Oaktree is considering the acquisition of a new football club abroad. The fund is said to have allocated a budget between 30 and 40 million euros for the operation.
The main targets would be leagues already in the sights of other groups that own multiple clubs: Belgium, Portugal, the Netherlands and, more likely, the Spanish second division. The operation would guarantee both economic and sporting advantages, offering a privileged position in the reference market and an additional channel for the growth of young talents, while respecting the limitations on loans.
The Turin-based newspaper recalls that in Italy several groups already control multiple clubs. The Friedkin family owns Roma, Everton and Cannes, while RedBird manages Milan and Toulouse. KrauseGroup also controls two clubs: Parma and Casa Pia in Portugal.
As for international regulations, FIFA essentially provides only one restriction: the Club World Cup regulations prohibit the participation of two clubs from the same group. In 2025, for this very reason, Leon was excluded to avoid the simultaneous presence with Pachuca.
The situation is quite different in the UEFA context. The regulations of European competitions prevent two clubs with the same owner from participating in the same tournament, but allow their presence in different competitions. Transfers between teams of the same group are not prohibited, but are considered related-party transactions, with specific restrictions to prevent fictitious capital gains.
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