A new MCO in town: “The plan is to acquire three more clubs this year”
PR | The two co-founders of Estrella Football Group David Dwinger (left) and Xander Czaikowski (right).
Estrella Football Group has entered the multi-club ownership market with a ‘horizontal’ model and has already acquired Portuguese side GDS Cascais.
Estrella is planning three more club acquisitions this year and 10 annually thereafter, typically taking around a 30 per cent stake while leaving sporting control local.
Why it matters: If successful, Estrella’s digital-first, minority-ownership model could broaden access to MCO benefits — like commercial scale, data insights, and sponsorship leverage — beyond the elite.
The perspective: Multi-club ownership is one of football’s fastest-growing investment trends, but Estrella’s equal-footing approach challenges the dominant hierarchy-led strategies of rivals.
13 August 2025 - 5:32 PM
With a goal and vision to become the world's biggest multi-club ownership group (MCO), they clearly don't lack ambition.
Estrella Football Group — the latest arrival on the MCO scene — has set its sights on becoming the biggest player in the market. But unlike many of the existing models, this one comes with a twist: there is no flagship club, no traditional hierarchy.
Instead, co-founders Xander Czaikows
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