Newcastle United are still carefully considering their options when it comes to talk of a multi-club model but are believed to have held talks with US-based firm 777 Partners.
The private equity firm has a strong portfolio that includes Serie A side Genoa and links with clubs around the globe such as La Liga's Sevilla, Belgium's Standard Liege and French outfit Red Star FC. At the front desk of Manchester City's Etihad Campus, visitors are greeted by the sight of a metallic crest of each of the Citizens' partners - their multi-club model is now in full swing.
From New York to Mumbai, the Premier League champions have built global links that have helped improve the brand with City proudly describing the list as: "Our clubs." Whether Newcastle take the leap like Man City and unveil a string of partner clubs remains to be seen but one of Europe's best-known sports lawyers David Diaz feels that they could be tempted to go further afield and forge links in South America.