Kara Nortman, co-founder of Angel City and investor in Viktoria Berlin, says the model can drive a bright and independent future
W
hen the billionaire American businesswoman and investor Michele Kang spoke to journalists after the Sweden international Kosovare Asllani and former Paris Saint-Germain manager Jocelyn Prêcheur had been recruited by her then WSL2 side London City Lionesses, she was candid about the significance multi-club ownership can play in women’s sport.
“I am fully aware of the negative connotation of multi-club ownership on the men’s side,” Kang said in June 2024. “But I will submit to you that multi-club ownership is a necessity, not a luxury or greed, on the women’s side because we need to invest to the level that the players deserve to deliver on the potential of the women’s game.”
It was a bold statement and, looking at the current landscape, many others clearly believe she has a point. Alongside Kang’s Kynisca are a host of other multi-club owners and investor groups.
