Consider the following scenario. Club A and Club B, from different countries but under the common ownership of Group C, qualify simultaneously for the CONMEBOL Libertadores. The Group is presented with an unenviable choice: either withdraw one of the clubs from the tournament or transfer control of one entity to a third party, thereby relinquishing the ability to direct its sporting and financial decisions. Group C then decides to transfer the controlling shares and remove all directors from Club B to avoid any influence over the club while both clubs compete in the same competition. How to implement such a structure?
Now imagine a second situation, months later. The star player of Club B suffers a serious injury that may jeopardise his career. Group C also controls a top-flight European club with one of the most...
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