Chelsea co-owner Todd Boehly has reportedly held talks with American investors 777 Partners over starting his side's plans for a multi-club operation.
Boehly took over from Chelsea after Roman Abramovich sold the club for £4.25 billion to Boehly and partners Clearlake Capital and Behdad Eghbali last year. The club's new owners want to build something similar to the City Football Group in order to benefit Chelsea's development of players and staff.
The CFG leads the way with Manchester City, New York City, Melbourne City and Girona FC among the clubs it owns. The Red Bull group has also made a name for itself in Europe and beyond with RB Leipzig, Red Bull Salzburg and New York Red Bulls.