The chairman of League Two's Rochdale is in talks with investors interested in making his side part of a multi-club ownership group.
If Simon Gauge is successful, the club would follow in the footsteps of City Football Group, spearheaded by Manchester City, which is one of the most successful and high-profile examples of such a group.
The groups, – where individuals or consortiums own stakes of different sizes in clubs from different leagues around the world – are increasingly common, with Todd Boehly having stated his interest in building a stable of clubs around Chelsea.
