Argentina president Javier Milei wants to open club ownership to foreign money
November 18 – New Argentinian president, Javier Milei, is well known for pushing deregulation in all areas of society, and he has now turned his sights on to the most important component of Argentine identity, football.
While campaigning during his presidential run, Milei, began floating the idea of foreign ownership by looking at the Brazilian model that changed laws in 2021 to allow for-profit clubs for private investors.
While not a new model to Europe (except for Germany and it 50% +1 ownership rule),
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